Strategy (MSTR) Debt Ratio (2020 - 2026)
Strategy's (MSTR) quarterly Debt Ratio came in at 0.13 in Q2 2026, up 1.9% year-over-year from 0.13 in Q2 2025, and down 15.3% quarter-over-quarter from 0.15 in Q1 2026.
Analysis
Strategy (MSTR) Debt Ratio (2020 - 2026) Analysis & Trends
Strategy has disclosed Debt Ratio across 7 years of filings, most recently posting 0.13 for Q2 2026.
- In Q2 2026, Debt Ratio rose 1.9% year-over-year to 0.13; the TTM figure through Jun 2026 stood at 0.13 (up 1.9% YoY), while the FY2025 annual figure was 0.13, down 52.07% from the prior year.
- Debt Ratio came in at 0.13 for Q2 2026 at Strategy, down from 0.15 in the prior quarter.
- In the past five years, Debt Ratio ranged from a high of 0.99 in Q4 2022 to a low of 0.11 in Q3 2025.
- Average Debt Ratio over 5 years is 0.48, with a median of 0.53 recorded in 2024.
- Year-over-year, Debt Ratio jumped 62.91% in 2022 and sank 78.01% in 2025.
- Over 5 years, Debt Ratio stood at 0.99 in 2022, then sank by 53.56% to 0.46 in 2023, then plunged by 39.29% to 0.28 in 2024, then sank by 52.07% to 0.13 in 2025, then slipped by 3.72% to 0.13 in 2026.
- Per Business Quant data, the three most recent Debt Ratio figures were 0.13 in Q2 2026, 0.15 in Q1 2026, and 0.13 in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Palantir Technologies | 418.90 Bn | 409.60 Bn | 1.64 Bn | - |
| 2 | Relx | 64.63 Bn | 64.32 Bn | - | 0.16 |
| 3 | Strategy | 50.26 Bn | 47.81 Bn | 81.55 Mn | 0.13 |
| 4 | Fair Isaac | 20.13 Bn | 19.88 Bn | 587.17 Mn | 2.89 |
| 5 | NIQ Global Intelligence | 5.43 Bn | 5.25 Bn | 624.20 Mn | 0.52 |
| 6 | Amplitude | 3.25 Bn | 3.07 Bn | 69.10 Mn | - |
| 7 | Similarweb | 768.75 Mn | 694.84 Mn | 62.31 Mn | - |
| 8 | Realloys | 694.70 Mn | 694.70 Mn | 475,000.00 | 0.00 |
| 9 | Cognyte Software | 618.97 Mn | 533.72 Mn | 76.27 Mn | - |
| 10 | Marketwise | 291.78 Mn | 25.05 Mn | 64.70 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.13 |
| Mar 31, 2026 | 0.15 |
| Dec 31, 2025 | 0.13 |
| Sep 30, 2025 | 0.11 |
| Jun 30, 2025 | 0.13 |
| Mar 31, 2025 | 0.19 |
| Dec 31, 2024 | 0.28 |
| Sep 30, 2024 | 0.50 |
| Jun 30, 2024 | 0.57 |
| Mar 31, 2024 | 0.56 |
| Dec 31, 2023 | 0.46 |
| Sep 30, 2023 | 0.65 |
| Jun 30, 2023 | 0.65 |
| Mar 31, 2023 | 0.72 |
| Dec 31, 2022 | 0.99 |
| Sep 30, 2022 | 0.93 |
| Jun 30, 2022 | 0.92 |
| Mar 31, 2022 | 0.65 |
| Dec 31, 2021 | 0.61 |
| Sep 30, 2021 | 0.72 |