Strategy (MSTR) EBT (2010 - 2026)

Strategy (MSTR) reported EBT of -$14.5 billion for Q1 2026, down 143.53% on a YoY basis from $33.2 billion in Q1 2025, and up 17.15% sequentially from -$17.5 billion in Q4 2025.

Strategy (MSTR) EBT (2010 - 2026) Analysis & Trends

Strategy (MSTR) has 17 years of EBT data on file, last reported at -$14.5 billion in Q1 2026.

  • For the quarter ending Q1 2026, EBT fell 143.53% year-over-year to -$14.5 billion; the trailing twelve-month figure through Mar 2026 stood at -$14.0 billion (down 83.4% YoY), and the FY2025 full-year result was -$5.5 billion, down 185.68% from the prior year.
  • EBT improved to -$14.5 billion in Q1 2026, from -$17.5 billion in the prior quarter.
  • In the past five years, EBT ranged from a high of $14.0 billion in Q2 2025 to a low of -$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.
  • Across the five-year window, EBT slumped 2773.59% in 2024 and surged 6612.94% in 2025, its largest moves.
  • Tracing MSTR's EBT over 5 years: stood at $1.1 billion in 2022, then tumbled by 105.28% to -$60.6 million in 2023, then tumbled by 1593.07% to -$1.0 billion in 2024, then slumped by 1600.57% to -$17.5 billion in 2025, then rose by 17.15% to -$14.5 billion in 2026.
  • Business Quant data shows MSTR's EBT at -$14.5 billion in Q1 2026, -$17.5 billion in Q4 2025, and $3.9 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn 3.21 Bn
2 Full Truck Alliance 188.77 Bn 186.13 Bn - 176.65 Mn
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn -634.00 Mn
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn 496.00 Mn
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn 2.72 Bn
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn 438.00 Mn
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn 1.78 Bn
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn -296.66 Mn
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn 428.10 Mn
10 Strategy 31.26 Bn 29.06 Bn 83.35 Mn -14.47 Bn

Historic Data

Download Data
DateValue
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
Jun 30, 2021 -419.55 Mn