Strategy (MSTR) Cash & Equivalents (2010 - 2026)
Strategy's Cash & Equivalents was $1.71 billion in Q2 2026, compared with $50.1 million a year earlier and down 22.4% from the prior quarter.
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Analysis
Strategy (MSTR) Cash & Equivalents (2010 - 2026) Analysis & Trends
At the end of FY2025, Cash & Equivalents at Strategy came in at $2.3 billion.
- Cash & Equivalents shows a five-year compound annual growth rate of 107.6% (FY2020 to FY2025).
- In earlier years, Cash & Equivalents was $38.12 million in FY2024 (-18.6%), $46.82 million in FY2023 (+6.8%), $43.84 million in FY2022 (-30.8%) and $63.36 million in FY2021 (+6.2%).
- Quarterly Cash & Equivalents has moved between $38.12 million (Q4 2024) and $2.3 billion (Q4 2025) over five years.
- Compared with a year earlier, Cash & Equivalents was higher in two of the last five quarters, with an average decline of 9.9%.
- The best year-over-year quarter for Cash & Equivalents over five years was Q2 2022 (growth of 23.0%); the worst was Q4 2022 (a decline of 30.8%).
- Per Business Quant data, MSTR's Cash & Equivalents in the three quarters before Q2 2026 was $2.21 billion (Q1 2026), $2.3 billion (Q4 2025) and $54.29 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash & Equiv. (Qtr) |
|---|---|---|---|---|---|
| 1 | Palantir Technologies | 450.50 Bn | 419.56 Bn | 1.64 Bn | 2.03 Bn |
| 2 | Oracle | 401.01 Bn | 273.57 Bn | - | 36.37 Bn |
| 3 | Sap Se | 257.03 Bn | 178.11 Bn | 8.40 Bn | 12.22 Bn |
| 4 | Salesforce | 187.04 Bn | 142.92 Bn | 8.70 Bn | 8.31 Bn |
| 5 | ServiceNow | 135.91 Bn | 114.37 Bn | 2.82 Bn | 2.50 Bn |
| 6 | Automatic Data Processing | 104.14 Bn | 86.27 Bn | 2.51 Bn | 4.23 Bn |
| 7 | Intuit | 72.30 Bn | 51.65 Bn | 3.44 Bn | 4.71 Bn |
| 8 | Relx | 60.17 Bn | 57.14 Bn | - | 295.17 Mn |
| 9 | Strategy | 55.31 Bn | 48.30 Bn | 81.55 Mn | 1.71 Bn |
| 10 | Workday | 45.49 Bn | 21.61 Bn | 2.00 Bn | 661.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.71 Bn |
| Mar 31, 2026 | 2.21 Bn |
| Dec 31, 2025 | 2.30 Bn |
| Sep 30, 2025 | 54.29 Mn |
| Jun 30, 2025 | 50.10 Mn |
| Mar 31, 2025 | 60.30 Mn |
| Dec 31, 2024 | 38.12 Mn |
| Sep 30, 2024 | 46.34 Mn |
| Jun 30, 2024 | 66.92 Mn |
| Mar 31, 2024 | 81.33 Mn |
| Dec 31, 2023 | 46.82 Mn |
| Sep 30, 2023 | 45.01 Mn |
| Jun 30, 2023 | 65.97 Mn |
| Mar 31, 2023 | 94.31 Mn |
| Dec 31, 2022 | 43.84 Mn |
| Sep 30, 2022 | 60.39 Mn |
| Jun 30, 2022 | 69.39 Mn |
| Mar 31, 2022 | 92.68 Mn |
| Dec 31, 2021 | 63.36 Mn |
| Sep 30, 2021 | 56.98 Mn |
API Access
Strategy Cash & Equivalents API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cash-and-equivalents&ticker=MSTR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-and-equivalents", "ticker": "MSTR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cash-and-equivalents&ticker=MSTR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();