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 registered a high of $14.0 billion during Q2 2025, and its lowest value of -$5.9 billion during Q1 2025.
  • Its 5-year average for EBITDA is $419.6 million, with a median of -$170.0 million in 2022.
  • Per our database at Business Quant, Strategy's EBITDA tumbled by 25427777.78% in 2021 and then soared by 710639.62% in 2025.
  • Quarter analysis of 5 years shows Strategy's EBITDA stood at -$137.5 million in 2021, then crashed by 40.92% to -$193.7 million in 2022, then soared by 77.91% to -$42.8 million in 2023, then crashed by 2275.65% to -$1.0 billion in 2024, then skyrocketed by 482.8% to $3.9 billion in 2025.
  • Its EBITDA stands at $3.9 billion for Q3 2025, versus $14.0 billion for Q2 2025 and -$5.9 billion for Q1 2025.