How has MSTR's gross profit trended over the past three years?

Microstrategy's gross margin has shown a declining trend over the past three years. The company's gross margin was at 79.37% on December 31, 2022, and it decreased to 77.85% by December 31, 2023. The most recent data shows a further decline to 72.06% on December 31, 2024. This indicates a potential decrease in profitability for the company over the specified period.

|code|Ticker|Name|Date|Gross Profit Margin|Gross Profit Margin YoY|market_code|
|---|---|---|---|---|---|---|
|MSTR|MSTR.O|Microstrategy|2022 Q1|78.4728|-3.8946565278146834|185|
|MSTR|MSTR.O|Microstrategy|2022 Q2|78.9182|-3.3302342445634245|185|
|MSTR|MSTR.O|Microstrategy|2022 Q3|79.2026|-3.354536879649841|185|
|MSTR|MSTR.O|Microstrategy|2022 Q4|79.3718|-3.2116138551682565|185|
|MSTR|MSTR.O|Microstrategy|2023 Q1|77.0816|-1.7728435840189363|185|
|MSTR|MSTR.O|Microstrategy|2023 Q2|77.2767|-2.0800018246741483|185|
|MSTR|MSTR.O|Microstrategy|2023 Q3|78.0183|-1.495279195379959|185|
|MSTR|MSTR.O|Microstrategy|2023 Q4|77.8455|-1.9229751624632327|185|
|MSTR|MSTR.O|Microstrategy|2024 Q1|73.9557|-4.0553128113583545|185|
|MSTR|MSTR.O|Microstrategy|2024 Q2|73.1128|-5.388299448604834|185|