Strategy reports third-quarter diluted EPS of $44.75 as CFO Andrew Kang steps down

Strategy reported third-quarter 2026 results on October 29, 2026. Operating income was $20.91 billion, compared with $3.89 billion a year earlier, and includes a gain on its digital assets of the same amount. Diluted earnings per share were $44.75, compared with $8.42 a year earlier.

Net income attributable to common stockholders was $19.12 billion, after $419.6 million of dividends on preferred stock. Total revenues were $125.4 million, a 3% decrease from $128.7 million a year earlier. Gross profit was $89.6 million, a 71% gross margin.

Andrew Kang, Chief Financial Officer, informed the company on October 26, 2026, of his intention to resign from his roles as chief financial officer, principal financial officer and principal accounting officer, effective November 5, 2026. He cited personal reasons. The company said the decision does not reflect any disagreement with the company on its operations, policies or practices.

Strategy said Phong Le, president and chief executive officer, will serve as principal financial officer from November 6 through December 31, 2026. Strategy said Reza Virasteh, executive vice president of operations, will become executive vice president and chief financial officer effective January 1, 2027. Strategy said he will serve as co-principal financial officer alongside Le.

Strategy said Shelley Khanna, global controller, will serve as chief accounting officer and principal accounting officer effective November 6, 2026. Strategy said Kang will remain as a non-executive advisor through December 31, 2026, and will receive a lump sum payment of $883,400, subject to his signing and not revoking a general release of claims in favor of the company.