Strategy (MSTR) Equity Average (2011 - 2026)
Strategy's (MSTR) quarterly Equity Average came in at $40.4 billion in Q1 2026, up 27.81% year-on-year from $31.6 billion in Q1 2025, and down 16.26% quarter-over-quarter from $48.2 billion in Q4 2025.
Strategy (MSTR) Equity Average (2011 - 2026) Analysis & Trends
Strategy has disclosed Equity Average across 16 years of filings, most recently posting $40.4 billion for Q1 2026.
- Equity Average for Q1 2026 came in at $40.4 billion, up 27.81% year-over-year; the trailing twelve-month figure through Mar 2026 was $40.4 billion (up 27.81% YoY), and the FY2025 annual result was $37.5 billion, up 126.6% from the prior year.
- Equity Average came in at $40.4 billion for Q1 2026 at Strategy, down from $48.2 billion in the prior quarter.
- In the past five years, Equity Average ranged from a high of $49.9 billion in Q3 2025 to a low of -$291.7 million in Q4 2022.
- The 5-year median for Equity Average is $2.3 billion (2024), against an average of $14.1 billion.
- Across the five-year window, Equity Average plunged 171.9% in 2022 and soared 7496.94% in 2024, its largest moves.
- Strategy's Equity Average stood at -$291.7 million in 2022, then soared by 615.14% to $1.5 billion in 2023, then surged by 1056.27% to $17.4 billion in 2024, then soared by 177.57% to $48.2 billion in 2025, then dropped by 16.26% to $40.4 billion in 2026.
- The last three Equity Average figures came in at $40.4 billion (Q1 2026), $48.2 billion (Q4 2025), and $49.9 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | 52.79 Bn |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | 5.78 Bn |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 26.33 Bn |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | 12.99 Bn |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 46.69 Bn |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 6.02 Bn |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 12.35 Bn |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 6.37 Bn |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 11.48 Bn |
| 10 | Strategy | 40.96 Bn | 40.96 Bn | 83.35 Mn | 40.39 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 40.39 Bn |
| Dec 31, 2025 | 48.23 Bn |
| Sep 30, 2025 | 49.90 Bn |
| Jun 30, 2025 | 39.85 Bn |
| Mar 31, 2025 | 31.60 Bn |
| Dec 31, 2024 | 17.38 Bn |
| Sep 30, 2024 | 3.30 Bn |
| Jun 30, 2024 | 2.62 Bn |
| Mar 31, 2024 | 2.28 Bn |
| Dec 31, 2023 | 1.50 Bn |
| Sep 30, 2023 | 829.76 Mn |
| Jun 30, 2023 | 631.16 Mn |
| Mar 31, 2023 | 30.05 Mn |
| Dec 31, 2022 | -291.70 Mn |
| Sep 30, 2022 | -193.68 Mn |
| Jun 30, 2022 | 337.97 Mn |
| Mar 31, 2022 | 920.98 Mn |
| Dec 31, 2021 | 720.14 Mn |
| Sep 30, 2021 | 269.37 Mn |
| Jun 30, 2021 | 221.23 Mn |