Strategy (MSTR) EBT (2010 - 2026)
Strategy recorded quarterly EBT of -$14.5 billion in Q1 2026, up 17.13% quarter-over-quarter from -$17.5 billion in Q4 2025, and down 143.53% year-over-year from $33.2 billion in Q1 2025.
Strategy's EBT history runs 17 years deep, the most recent figure standing at -$14.5 billion for Q1 2026.
- In Q1 2026, EBT fell 143.53% year-over-year to -$14.5 billion; the TTM figure through Mar 2026 stood at -$14.0 billion (down 83.34% YoY), while the FY2025 annual figure was -$5.5 billion, down 185.68% from the prior year.
- EBT came in at -$14.5 billion for Q1 2026 at Strategy, up 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 -$1.4 billion and a median of -$213.9 million in 2024 frame the typical range for EBT.
- Across the five-year window, EBT sank 2773.75% in 2024 and soared 6612.94% in 2025, its largest moves.
- Strategy's EBT stood at -$214.5 million in 2022, then soared by 71.72% to -$60.6 million in 2023, then slumped by 1593.05% to -$1.0 billion in 2024, then sank by 1600.14% to -$17.5 billion in 2025, then climbed by 17.13% 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | 3.21 Bn |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 2.62 Bn |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 496.00 Mn |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | -634.00 Mn |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 673.00 Mn |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 428.10 Mn |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 2.42 Bn |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 1.78 Bn |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 4.05 Bn |
| 10 | Strategy | 53.39 Bn | 53.39 Bn | 83.35 Mn | -14.47 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | -213.90 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 | -214.47 Mn |
| Sep 30, 2022 | -3.12 Mn |
| Jun 30, 2022 | -926.19 Mn |
| Mar 31, 2022 | -178.77 Mn |
| Dec 31, 2021 | -148.49 Mn |
| Sep 30, 2021 | -59.12 Mn |
| Jun 30, 2021 | -419.55 Mn |
| Mar 31, 2021 | -184.30 Mn |
| Dec 31, 2020 | -4.03 Mn |
| Sep 30, 2020 | -23.03 Mn |
| Jun 30, 2020 | 4.90 Mn |
| Mar 31, 2020 | 2.22 Mn |
| Dec 31, 2019 | 9.66 Mn |
| Sep 30, 2019 | 9.41 Mn |
| Jun 30, 2019 | 27.61 Mn |
| Mar 31, 2019 | -8.42 Mn |
| Dec 31, 2018 | 20.28 Mn |
| Sep 30, 2018 | 11.46 Mn |
| Jun 30, 2018 | 5.89 Mn |
| Mar 31, 2018 | 1.16 Mn |
| Dec 31, 2017 | -497,000.00 |
| Sep 30, 2017 | 20.72 Mn |
| Jun 30, 2017 | 12.62 Mn |
| Mar 31, 2017 | 19.82 Mn |
| Dec 31, 2016 | -9.82 Mn |
| Sep 30, 2016 | 30.04 Mn |
| Jun 30, 2016 | 23.37 Mn |
| Mar 31, 2016 | 18.53 Mn |
| Dec 31, 2015 | -21.55 Mn |
| Sep 30, 2015 | 31.61 Mn |
| Jun 30, 2015 | 31.85 Mn |
| Mar 31, 2015 | 27.40 Mn |
| Dec 31, 2014 | 41.04 Mn |
| Sep 30, 2014 | -2.01 Mn |
| Jun 30, 2014 | -13.17 Mn |
| Mar 31, 2014 | -9.42 Mn |
| Dec 31, 2013 | -5.61 Mn |
| Sep 30, 2013 | 8.49 Mn |
| Jun 30, 2013 | -2.15 Mn |
| Mar 31, 2013 | -6.89 Mn |
| Dec 31, 2012 | -19.68 Mn |
| Sep 30, 2012 | 7.23 Mn |
| Jun 30, 2012 | 11.52 Mn |
| Mar 31, 2012 | 1.52 Mn |
| Dec 31, 2011 | 19.07 Mn |
| Sep 30, 2011 | 5.90 Mn |
| Jun 30, 2011 | 3.20 Mn |
| Mar 31, 2011 | 529,000.00 |
| Dec 31, 2010 | 19.75 Mn |
| Sep 30, 2010 | 8.17 Mn |
| Jun 30, 2010 | 16.50 Mn |