KPIs & Operating Metrics(New)
Growth Metrics

Strategy (MSTR) EBIAT (2016 - 2025)

Strategy (MSTR) has disclosed EBIAT for 16 consecutive years, with -$12.4 billion as the latest value for Q4 2025.

  • Quarterly EBIAT fell 1753.98% to -$12.4 billion in Q4 2025 from the year-ago period, while the trailing twelve-month figure was -$3.8 billion through Dec 2025, down 229.84% year-over-year, with the annual reading at -$3.8 billion for FY2025, 229.84% down from the prior year.
  • EBIAT hit -$12.4 billion in Q4 2025 for Strategy, down from $2.8 billion in the prior quarter.
  • In the past five years, EBIAT ranged from a high of $10.0 billion in Q2 2025 to a low of -$12.4 billion in Q4 2025.
  • Historically, EBIAT has averaged -$329.5 million across 5 years, with a median of -$106.3 million in 2021.
  • Biggest five-year swings in EBIAT: tumbled 16845.81% in 2021 and later surged 9870.81% in 2025.
  • Year by year, EBIAT stood at -$90.0 million in 2021, then tumbled by 177.48% to -$249.7 million in 2022, then soared by 135.7% to $89.1 million in 2023, then crashed by 852.65% to -$670.8 million in 2024, then crashed by 1753.98% to -$12.4 billion in 2025.
  • Business Quant data shows EBIAT for MSTR at -$12.4 billion in Q4 2025, $2.8 billion in Q3 2025, and $10.0 billion in Q2 2025.