KPIs & Operating Metrics(New)
Growth Metrics

Strategy (MSTR) EBITDA (2016 - 2025)

Historic EBITDA for Strategy (MSTR) over the last 17 years, with Q3 2025 value amounting to $3.9 billion.

  • Strategy's EBITDA rose 99944.61% to $3.9 billion in Q3 2025 from the same period last year, while for Sep 2025 it was $11.0 billion, marking a year-over-year increase of 134922.81%. This contributed to the annual value of -$1.9 billion for FY2024, which is 151062.7% down from last year.
  • As of Q3 2025, Strategy's EBITDA stood at $3.9 billion, which was up 99944.61% from $14.0 billion recorded in Q2 2025.
  • In the past 5 years, Strategy's EBITDA ranged from a high of $14.0 billion in Q2 2025 and a low of -$5.9 billion during Q1 2025
  • In the last 5 years, Strategy's EBITDA had a median value of -$170.0 million in 2022 and averaged $419.6 million.
  • Per our database at Business Quant, Strategy's EBITDA crashed by 25427777.78% in 2021 and then skyrocketed by 710639.62% in 2025.
  • Quarter analysis of 5 years shows Strategy's EBITDA stood at -$137.5 million in 2021, then plummeted by 40.92% to -$193.7 million in 2022, then skyrocketed by 77.91% to -$42.8 million in 2023, then plummeted by 2275.65% to -$1.0 billion in 2024, then surged by 482.8% to $3.9 billion in 2025.
  • Its EBITDA was $3.9 billion in Q3 2025, compared to $14.0 billion in Q2 2025 and -$5.9 billion in Q1 2025.