Strategy (MSTR) Capital Expenditures (2010 - 2026)
Strategy's (MSTR) quarterly Capital Expenditures came in at $6.4 billion in Q2 2026, down 5.14% year-over-year from $6.8 billion in Q2 2025, and down 11.45% quarter-over-quarter from $7.3 billion in Q1 2026.
Analysis
Strategy (MSTR) Capital Expenditures (2010 - 2026) Analysis & Trends
Strategy has disclosed Capital Expenditures across 17 years of filings, most recently posting $6.4 billion for Q2 2026.
- In Q2 2026, Capital Expenditures fell 5.14% year-over-year to $6.4 billion; the TTM figure through Jun 2026 stood at $21.7 billion (down 40.53% YoY), while the FY2025 annual figure was $22.5 billion, up 1.79% from the prior year.
- Capital Expenditures came in at $6.4 billion for Q2 2026 at Strategy, down from $7.3 billion in the prior quarter.
- In the past five years, Capital Expenditures ranged from a high of $22.5 billion in Q4 2025 to a low of -$14.4 billion in Q3 2025.
- Average Capital Expenditures over 5 years is $3.3 billion, with a median of $1.2 million recorded in 2022.
- The largest YoY upside for Capital Expenditures was 936166.25% in 2025 against a maximum downside of 3385837.09% in 2025.
- Over 5 years, Capital Expenditures stood at $635000.0 in 2022, then surged by 299066.61% to $1.9 billion in 2023, then jumped by 1061.76% to $22.1 billion in 2024, then gained by 1.76% to $22.5 billion in 2025, then sank by 71.41% to $6.4 billion in 2026.
- Per Business Quant data, the three most recent Capital Expenditures figures were $6.4 billion in Q2 2026, $7.3 billion in Q1 2026, and $22.5 billion in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capital Expenditures (Qtr) |
|---|---|---|---|---|---|
| 1 | Palantir Technologies | 418.90 Bn | 409.60 Bn | 1.64 Bn | 14.55 Mn |
| 2 | Relx | 64.63 Bn | 64.32 Bn | - | - |
| 3 | Strategy | 50.26 Bn | 47.81 Bn | 81.55 Mn | 6.42 Bn |
| 4 | Fair Isaac | 20.13 Bn | 19.88 Bn | 587.17 Mn | 9.24 Mn |
| 5 | NIQ Global Intelligence | 5.43 Bn | 5.25 Bn | 624.20 Mn | - |
| 6 | Amplitude | 3.25 Bn | 3.07 Bn | 69.10 Mn | 602,000.00 |
| 7 | Similarweb | 768.75 Mn | 694.84 Mn | 62.31 Mn | -177,000.00 |
| 8 | Realloys | 694.70 Mn | 694.70 Mn | 475,000.00 | 22,000.00 |
| 9 | Cognyte Software | 618.97 Mn | 533.72 Mn | 76.27 Mn | - |
| 10 | Marketwise | 291.78 Mn | 25.05 Mn | 64.70 Mn | 519,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.42 Bn |
| Mar 31, 2026 | 7.25 Bn |
| Dec 31, 2025 | 22.46 Bn |
| Sep 30, 2025 | -14.42 Bn |
| Jun 30, 2025 | 6.77 Bn |
| Mar 31, 2025 | 7.66 Bn |
| Dec 31, 2024 | 22.07 Bn |
| Sep 30, 2024 | 426,000.00 |
| Jun 30, 2024 | 723,000.00 |
| Mar 31, 2024 | 1.55 Mn |
| Dec 31, 2023 | 1.90 Bn |
| Sep 30, 2023 | 1.45 Mn |
| Jun 30, 2023 | 639,000.00 |
| Mar 31, 2023 | 499,000.00 |
| Dec 31, 2022 | 635,000.00 |
| Sep 30, 2022 | 332,000.00 |
| Jun 30, 2022 | 878,000.00 |
| Mar 31, 2022 | 641,000.00 |
| Dec 31, 2021 | 824,000.00 |
| Sep 30, 2021 | 540,000.00 |