KPIs & Operating Metrics(New)
Balance Sheet
Cash Flow Statement
Daily Values
Growth Metrics
Income Statement
Consolidated Net IncomeCost of RevenueEBITEBITDAEBTEPS (Basic)EPS (Weighted Average and Diluted)Gross ProfitIncome from Continuing OperationsIncome towards Parent CompanyInterest & Investment IncomeNet Income towards Common StockholdersNon Operating IncomeOperating ExpensesOperating IncomeOther Non Operating IncomeOther Operating ExpensesPreferred Dividend PaymentsProfit After TaxResearch & DevelopmentRevenueSelling, General & AdministrativeShares Outstanding (Diluted Average)Shares Outstanding (Weighted Average)Tax ProvisionsTax Rate
Others
Ratios

Strategy (MSTR) Cost of Revenue (2016 - 2025)

Historic Cost of Revenue for Strategy (MSTR) over the last 17 years, with Q3 2025 value amounting to $38.0 million.

  • Strategy's Cost of Revenue rose 733.89% to $38.0 million in Q3 2025 from the same period last year, while for Sep 2025 it was $142.7 million, marking a year-over-year decrease of 49.93%. This contributed to the annual value of $138.1 million for FY2024, which is 774.37% down from last year.
  • According to the latest figures from Q3 2025, Strategy's Cost of Revenue is $38.0 million, which was up 733.89% from $35.8 million recorded in Q2 2025.
  • Strategy's 5-year Cost of Revenue high stood at $43.4 million for Q4 2021, and its period low was $33.2 million during Q1 2022.
  • Its 5-year average for Cost of Revenue is $37.0 million, with a median of $36.1 million in 2023.
  • Per our database at Business Quant, Strategy's Cost of Revenue surged by 1536.44% in 2021 and then plummeted by 1323.61% in 2024.
  • Strategy's Cost of Revenue (Quarter) stood at $43.4 million in 2021, then decreased by 4.7% to $41.4 million in 2022, then decreased by 2.59% to $40.3 million in 2023, then decreased by 13.24% to $35.0 million in 2024, then increased by 8.72% to $38.0 million in 2025.
  • Its Cost of Revenue stands at $38.0 million for Q3 2025, versus $35.8 million for Q2 2025 and $34.0 million for Q1 2025.