Strategy (MSTR) Debt Ratio (2020 - 2026)

Strategy (MSTR) reported Debt Ratio of 0.15 for Q1 2026, down 18.52% on a YoY basis from 0.19 in Q1 2025, and up 13.67% sequentially from 0.13 in Q4 2025.

Strategy (MSTR) Debt Ratio (2020 - 2026) Analysis & Trends

Strategy (MSTR) has 7 years of Debt Ratio data on file, last reported at 0.15 in Q1 2026.

  • For the quarter ending Q1 2026, Debt Ratio fell 18.52% year-over-year to 0.15; the trailing twelve-month figure through Mar 2026 stood at 0.15 (down 18.52% YoY), and the FY2025 full-year result was 0.13, down 52.25% from the prior year.
  • Debt Ratio grew to 0.15 in Q1 2026, from 0.13 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.
  • A 5-year average of 0.5 and a median of 0.56 in 2024 frame the typical range for Debt Ratio.
  • Across the five-year window, Debt Ratio soared 62.91% in 2022 and tumbled 78.01% in 2025, its largest moves.
  • Tracing MSTR's Debt Ratio over 5 years: stood at 0.99 in 2022, then plunged by 53.56% to 0.46 in 2023, then slumped by 39.29% to 0.28 in 2024, then sank by 52.25% to 0.13 in 2025, then climbed by 13.67% to 0.15 in 2026.
  • Business Quant data shows MSTR's Debt Ratio at 0.15 in Q1 2026, 0.13 in Q4 2025, and 0.11 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn 0.08
2 Full Truck Alliance 188.77 Bn 186.13 Bn - 0.00
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn -
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn 0.18
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn 0.37
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn 0.24
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn 0.06
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn -
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn 0.24
10 Strategy 31.26 Bn 29.06 Bn 83.35 Mn 0.15

Historic Data

Download Data
DateValue
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
Jun 30, 2021 0.82