Strategy (MSTR) EBT (2010 - 2026)
Strategy's EBT was -$8.22 billion in Q2 2026, compared with $14.01 billion a year earlier.
Analysis
Strategy (MSTR) EBT (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, Strategy's EBT was -$36.28 billion through Jun 30, 2026; for FY2025, it was -$5.53 billion.
- In earlier years, EBT was -$1.93 billion in FY2024, -$124.53 million in FY2023, -$1.32 billion in FY2022 and -$811.39 million in FY2021.
- Quarterly EBT has moved between -$17.46 billion (Q4 2025) and $14.01 billion (Q2 2025) over five years.
- Per Business Quant data, MSTR's EBT in the three quarters before Q2 2026 was -$14.47 billion (Q1 2026), -$17.46 billion (Q4 2025) and $3.87 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | Palantir Technologies | 480.73 Bn | 449.68 Bn | 1.64 Bn | 1.08 Bn |
| 2 | Oracle | 399.91 Bn | 272.04 Bn | - | 5.61 Bn |
| 3 | Sap Se | 262.30 Bn | 190.08 Bn | 8.40 Bn | 3.49 Bn |
| 4 | Salesforce | 202.26 Bn | 158.13 Bn | 8.70 Bn | 4.55 Bn |
| 5 | ServiceNow | 153.84 Bn | 132.30 Bn | 2.82 Bn | 438.00 Mn |
| 6 | Automatic Data Processing | 114.84 Bn | 96.97 Bn | 2.51 Bn | 1.26 Bn |
| 7 | Intuit | 91.04 Bn | 70.38 Bn | 3.44 Bn | 540.00 Mn |
| 8 | Relx | 70.51 Bn | 69.60 Bn | - | - |
| 9 | Strategy | 53.24 Bn | 46.23 Bn | 81.55 Mn | -8.22 Bn |
| 10 | Thomson Reuters | 48.40 Bn | 45.18 Bn | - | 566.00 Mn |
Historic Data
Download Data
Historic 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 | -213.90 Mn |
| Dec 31, 2023 | -60.63 Mn |
| Sep 30, 2023 | -33.83 Mn |
| Jun 30, 2023 | -38.05 Mn |
| Mar 31, 2023 | 8.01 Mn |
| Dec 31, 2022 | -214.38 Mn |
| Sep 30, 2022 | -3.12 Mn |
| Jun 30, 2022 | -926.19 Mn |
| Mar 31, 2022 | -178.80 Mn |
| Dec 31, 2021 | -148.44 Mn |
| Sep 30, 2021 | -59.12 Mn |
API Access
Strategy EBT API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebt&ticker=MSTR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt", "ticker": "MSTR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ebt&ticker=MSTR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();