Strategy (MSTR) Enterprise Value (2010 - 2026)
Strategy's Enterprise Value came in at $53.88 billion for Q3 2026, down 37.4% from $86.13 billion a year earlier but up 91.4% from the prior quarter.
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Analysis
Strategy (MSTR) Enterprise Value (2010 - 2026) Analysis & Trends
For FY2025, Strategy's Enterprise Value was $42.13 billion, down 35.6% from FY2024.
- Enterprise Value carries a five-year compound annual growth rate of 43.0% (FY2020 to FY2025).
- Going back by year, Enterprise Value was $65.46 billion in FY2024 (+517.1%), $10.61 billion in FY2023 (+580.3%), $1.56 billion in FY2022 (-71.1%) and $5.39 billion in FY2021 (-23.4%).
- The five-year range for quarterly Enterprise Value is $1.56 billion (Q4 2022) to $105.58 billion (Q2 2025).
- Year-over-year, Enterprise Value has declined for four consecutive quarters, with growth averaging 120.6% over the last eight quarters.
- The fastest year-over-year change in Enterprise Value over five years came in Q3 2024 (growth of 598.0%), and the weakest in Q2 2022 (a decline of 85.3%).
- Business Quant data shows MSTR's Enterprise Value at $28.15 billion (Q2 2026), $38.51 billion (Q1 2026) and $42.13 billion (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Palantir Technologies | 408.11 Bn | 372.93 Bn | 1.93 Bn |
| 2 | Oracle | 355.62 Bn | 227.75 Bn | - |
| 3 | Sap Se | 276.79 Bn | 204.18 Bn | 8.64 Bn |
| 4 | Salesforce | 175.88 Bn | 131.75 Bn | 8.70 Bn |
| 5 | Automatic Data Processing | 121.54 Bn | 108.34 Bn | 2.53 Bn |
| 6 | ServiceNow | 106.68 Bn | 85.94 Bn | 2.90 Bn |
| 7 | Intuit | 93.48 Bn | 72.83 Bn | 3.44 Bn |
| 8 | Relx | 73.38 Bn | 72.47 Bn | - |
| 9 | Strategy | 50.44 Bn | 37.58 Bn | 89.63 Mn |
| 10 | Thomson Reuters | 48.75 Bn | 44.72 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 55.69 Bn |
| Jun 30, 2026 | 28.15 Bn |
| Mar 31, 2026 | 38.51 Bn |
| Dec 31, 2025 | 42.13 Bn |
| Sep 30, 2025 | 86.13 Bn |
| Jun 30, 2025 | 105.58 Bn |
| Mar 31, 2025 | 71.01 Bn |
| Dec 31, 2024 | 65.46 Bn |
| Sep 30, 2024 | 32.27 Bn |
| Jun 30, 2024 | 24.54 Bn |
| Mar 31, 2024 | 29.23 Bn |
| Dec 31, 2023 | 10.61 Bn |
| Sep 30, 2023 | 4.62 Bn |
| Jun 30, 2023 | 7.73 Bn |
| Mar 31, 2023 | 6.23 Bn |
| Dec 31, 2022 | 1.56 Bn |
| Sep 30, 2022 | 4.19 Bn |
| Jun 30, 2022 | 1.79 Bn |
| Mar 31, 2022 | 9.62 Bn |
| Dec 31, 2021 | 5.39 Bn |
API Access
Strategy Enterprise Value 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=enterprise-value&ticker=MSTR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "enterprise-value", "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=enterprise-value&ticker=MSTR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();