Strategy (MSTR) Change in Receivables (2010 - 2026)
Strategy's (MSTR) quarterly Change in Receivables came in at -$1.2 million in Q1 2026, up 88.56% year-on-year from -$639584.1 in Q1 2025, and down 130.78% quarter-over-quarter from $3.9 million in Q4 2025.
Strategy (MSTR) Change in Receivables (2010 - 2026) Analysis & Trends
Strategy has disclosed Change in Receivables across 17 years of filings, most recently posting -$1.2 million for Q1 2026.
- Change in Receivables for Q1 2026 came in at -$1.2 million, up 88.56% year-over-year; the trailing twelve-month figure through Mar 2026 was -$11.1 million (down 136.08% YoY), and the FY2025 annual result was -$20.4 million, down 222.01% from the prior year.
- Change in Receivables came in at -$1.2 million for Q1 2026 at Strategy, down from $3.9 million in the prior quarter.
- In the past five years, Change in Receivables ranged from a high of $21.3 million in Q4 2024 to a low of -$12.2 million in Q1 2024.
- The 5-year median for Change in Receivables is -$5.1 million (2023), against an average of -$2.0 million.
- Across the five-year window, Change in Receivables jumped 556.31% in 2022 and tumbled 582.7% in 2023, its largest moves.
- Strategy's Change in Receivables stood at $10.9 million in 2022, then plunged by 146.58% to -$5.1 million in 2023, then jumped by 520.35% to $21.3 million in 2024, then plunged by 81.6% to $3.9 million in 2025, then tumbled by 130.78% to -$1.2 million in 2026.
- The last three Change in Receivables figures came in at -$1.2 million (Q1 2026), $3.9 million (Q4 2025), and -$9.4 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | -2.11 Bn |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | - |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 74.00 Mn |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | - |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | -9.43 Bn |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 18.55 Mn |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | -912.00 Mn |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 179.30 Mn |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | -116.00 Mn |
| 10 | Strategy | 40.96 Bn | 40.96 Bn | 83.35 Mn | -1.21 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -1.21 Mn |
| Mar 31, 2026 | -1.21 Mn |
| Dec 31, 2025 | 3.92 Mn |
| Dec 31, 2025 | 3.92 Mn |
| Sep 30, 2025 | -9.36 Mn |
| Sep 30, 2025 | -9.36 Mn |
| Jun 30, 2025 | -4.42 Mn |
| Jun 30, 2025 | -4.42 Mn |
| Mar 31, 2025 | -10.54 Mn |
| Mar 31, 2025 | -10.54 Mn |
| Dec 31, 2024 | 21.30 Mn |
| Dec 31, 2024 | 21.30 Mn |
| Sep 30, 2024 | -7.56 Mn |
| Sep 30, 2024 | -7.56 Mn |
| Jun 30, 2024 | -7.89 Mn |
| Jun 30, 2024 | -7.89 Mn |
| Mar 31, 2024 | -12.19 Mn |
| Mar 31, 2024 | -12.19 Mn |
| Dec 31, 2023 | -5.07 Mn |
| Dec 31, 2023 | -5.07 Mn |