Strategy (MSTR) Change in Receivables (2010 - 2026)

Strategy (MSTR) reported Change in Receivables of -$1.2 million for Q1 2026, up 88.56% on a YoY basis from -$639584.1 in Q1 2025, and down 130.78% sequentially from $3.9 million in Q4 2025.

Strategy (MSTR) Change in Receivables (2010 - 2026) Analysis & Trends

Strategy (MSTR) has 17 years of Change in Receivables data on file, last reported at -$1.2 million in Q1 2026.

  • For the quarter ending Q1 2026, Change in Receivables rose 88.56% year-over-year to -$1.2 million; the trailing twelve-month figure through Mar 2026 stood at -$11.1 million (down 136.08% YoY), and the FY2025 full-year result was -$20.4 million, down 222.01% from the prior year.
  • Change in Receivables fell to -$1.2 million in Q1 2026, 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.
  • A 5-year average of -$2.0 million and a median of -$5.1 million in 2023 frame the typical range for Change in Receivables.
  • Across the five-year window, Change in Receivables jumped 556.31% in 2022 and sank 582.7% in 2023, its largest moves.
  • Tracing MSTR's Change in Receivables over 5 years: stood at $10.9 million in 2022, then sank by 146.58% to -$5.1 million in 2023, then soared by 520.35% to $21.3 million in 2024, then sank by 81.6% to $3.9 million in 2025, then plunged by 130.78% to -$1.2 million in 2026.
  • Business Quant data shows MSTR's Change in Receivables at -$1.2 million in Q1 2026, $3.9 million in Q4 2025, and -$9.4 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Receivables (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn -2.11 Bn
2 Full Truck Alliance 188.77 Bn 186.13 Bn - -
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn -
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn 74.00 Mn
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn -9.43 Bn
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn 441.00 Mn
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn 179.30 Mn
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn -747.22 Mn
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn 18.55 Mn
10 Strategy 31.26 Bn 29.06 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