KPIs & Operating Metrics(New)
Growth Metrics

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.
  • Strategy's Cost of Revenue amounted to $38.0 million in Q3 2025, which was up 733.89% from $35.8 million recorded in Q2 2025.
  • In the past 5 years, Strategy's Cost of Revenue registered a high of $43.4 million during Q4 2021, and its lowest value of $33.2 million during Q1 2022.
  • In the last 5 years, Strategy's Cost of Revenue had a median value of $36.1 million in 2023 and averaged $37.0 million.
  • Its Cost of Revenue has fluctuated over the past 5 years, first skyrocketed by 1536.44% in 2021, then crashed by 1323.61% in 2024.
  • Strategy's Cost of Revenue (Quarter) stood at $43.4 million in 2021, then dropped by 4.7% to $41.4 million in 2022, then dropped by 2.59% to $40.3 million in 2023, then dropped by 13.24% to $35.0 million in 2024, then grew by 8.72% to $38.0 million in 2025.
  • Its Cost of Revenue was $38.0 million in Q3 2025, compared to $35.8 million in Q2 2025 and $34.0 million in Q1 2025.