Strategy (MSTR) Cost of Revenue (2010 - 2026)

Strategy (MSTR) has 17 years of Cost of Revenue data on file, last reported at $40.9 million in Q1 2026.

• For the quarter ending Q1 2026, Cost of Revenue rose 20.53% year-over-year to $40.9 million; the trailing twelve-month figure through Mar 2026 stood at $156.4 million (up 17.21% YoY), and the FY2025 full-year result was $149.4 million, up 15.41% from the prior year.
• Cost of Revenue eased to $40.9 million in Q1 2026, from $41.7 million in the prior quarter.
• In the past five years, Cost of Revenue ranged from a high of $41.7 million in Q4 2025 to a low of $25.2 million in Q2 2022.
• A 5-year average of $31.3 million and a median of $30.0 million in 2024 frame the typical range for Cost of Revenue.
• Across the five-year window, Cost of Revenue grew 5.03% in 2023 and gained 28.84% in 2024, its largest moves.
• Tracing MSTR's Cost of Revenue over 5 years: stood at $26.7 million in 2022, then increased by 5.61% to $28.2 million in 2023, then rose by 21.08% to $34.2 million in 2024, then rose by 21.99% to $41.7 million in 2025, then dropped by 1.77% to $40.9 million in 2026.
• Business Quant data shows MSTR's Cost of Revenue at $40.9 million in Q1 2026, $41.7 million in Q4 2025, and $38.0 million in Q3 2025.