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
DateValue
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