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| 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 | -213.89 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 |