Strategy (MSTR) EBT (2010 - 2026)
Strategy (MSTR) posted EBT of -$14.5 billion for Q1 2026, up 17.15% sequentially from -$17.5 billion in Q4 2025, and down 143.53% YoY from $33.2 billion in Q1 2025.
Strategy (MSTR) EBT (2010 - 2026) Analysis & Trends
Strategy has reported EBT for 17 years, with the latest figure at -$14.5 billion in Q1 2026.
- Quarterly EBT fell 143.53% year-over-year to -$14.5 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$14.0 billion (down 83.4% YoY) and the FY2025 annual result came in at -$5.5 billion, down 185.68% from the prior year.
- EBT improved to -$14.5 billion in Q1 2026 per MSTR's latest filing, from -$17.5 billion in the prior quarter.
- Over five years, EBT peaked at $14.0 billion in Q2 2025 and troughed at -$17.5 billion in Q4 2025.
- A 5-year average of -$1.3 billion and a median of -$178.8 million in 2022 frame the typical range for EBT.
- The sharpest annual moves came in 2024 and 2025: EBT plunged 2773.59% in 2024, then jumped 6612.94% in 2025.
- Over 5 years, EBT stood at $1.1 billion in 2022, then slumped by 105.28% to -$60.6 million in 2023, then slumped by 1593.07% to -$1.0 billion in 2024, then sank by 1600.57% to -$17.5 billion in 2025, then climbed by 17.15% to -$14.5 billion in 2026.
- According to Business Quant data, EBT over the past three periods registered -$14.5 billion, -$17.5 billion, and $3.9 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | 6.69 Bn |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 1.78 Bn |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 2.72 Bn |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 3.28 Bn |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 438.00 Mn |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | -296.66 Mn |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 1.26 Bn |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 2.24 Bn |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 4.05 Bn |
| 10 | Strategy | 32.75 Bn | 30.30 Bn | 81.55 Mn | -8.22 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -8.22 Bn |
| Mar 31, 2026 | -14.47 Bn |
| Dec 31, 2025 | -17.46 Bn |
| Sep 30, 2025 | 3.87 Bn |
| Jun 30, 2025 | 14.01 Bn |
| Mar 31, 2025 | -5.94 Bn |
| Dec 31, 2024 | -1.03 Bn |
| Sep 30, 2024 | -478.68 Mn |
| Jun 30, 2024 | -215.05 Mn |
| Mar 31, 2024 | -213.89 Mn |
| Dec 31, 2023 | -60.64 Mn |
| Sep 30, 2023 | -33.83 Mn |
| Jun 30, 2023 | -38.05 Mn |
| Mar 31, 2023 | 8.00 Mn |
| Dec 31, 2022 | 1.15 Bn |
| Sep 30, 2022 | -3.12 Mn |
| Jun 30, 2022 | -926.19 Mn |
| Mar 31, 2022 | -178.80 Mn |
| Dec 31, 2021 | -148.49 Mn |
| Sep 30, 2021 | -59.12 Mn |