The latest data point for MSTR's revenue in Q4'25 stands at $122.99M USD, reflecting a modest year-over-year growth of 1.90%. This marks a slight uptick from the previous quarter's $128.69M, indicating a stabilization after a period of volatility in the fiscal year. Over the period from Q1'23 to Q4'25, MSTR's revenue has shown an overall stable but fluctuating trend, starting at $121.92M and peaking at $129.46M in Q3'23 before dipping to a low of $111.44M in Q2'24. Year-over-year growth turned negative in 2024, reaching a low of -10.34% in Q3'24, but rebounded positively in Q2'25 (2.73%) and Q3'25 (10.87%), suggesting improving momentum toward the end of the timeframe despite persistent quarterly variations.