Analysis of MicroStrategy's Q4'22 Earnings

Total Q4'22 revenue increased +5.7% QoQ and declined (1.5%) YoY at $132.6.4mm. MicroStrategy saw topline contraction across both product support and their other segments, while product licenses and subscription services increased +16.4% QoQ and +1.5% YoY. 

Product licenses grew +23.7% QoQ and contracted (15.3%) YoY to $27.6mm. On the other hand, MicroStrategy's long-term subscription revenue grew +23.7% QoQ and contracted (15.3%) YoY.