Strategy (MSTR) Free Cash Flow (2010 - 2026)
Strategy (MSTR) reported Free Cash Flow of $13.0 million for Q1 2026, up 354.33% on a YoY basis from $2.9 million in Q1 2025, and up 158.69% sequentially from -$22.2 million in Q4 2025.
Strategy (MSTR) Free Cash Flow (2010 - 2026) Analysis & Trends
Strategy (MSTR) has 17 years of Free Cash Flow data on file, last reported at $13.0 million in Q1 2026.
- For the quarter ending Q1 2026, Free Cash Flow rose 354.33% year-over-year to $13.0 million; the trailing twelve-month figure through Mar 2026 stood at -$57.3 million (up 35.03% YoY), and the FY2025 full-year result was -$75.5 million, down 34.71% from the prior year.
- Free Cash Flow rose to $13.0 million in Q1 2026, from -$22.2 million in the prior quarter.
- In the past five years, Free Cash Flow ranged from a high of $43.0 million in Q1 2022 to a low of -$41.4 million in Q3 2024.
- A 5-year average of -$6.3 million and a median of -$11.1 million in 2025 frame the typical range for Free Cash Flow.
- Across the five-year window, Free Cash Flow sank 2203.7% in 2024 and surged 354.33% in 2026, its largest moves.
- Tracing MSTR's Free Cash Flow over 5 years: stood at -$18.8 million in 2022, then surged by 104.44% to $837000.0 in 2023, then slumped by 2203.7% to -$17.6 million in 2024, then fell by 26.15% to -$22.2 million in 2025, then surged by 158.69% to $13.0 million in 2026.
- Business Quant data shows MSTR's Free Cash Flow at $13.0 million in Q1 2026, -$22.2 million in Q4 2025, and -$11.1 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | 4.39 Bn |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | 235.34 Mn |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | 476.00 Mn |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 2.29 Bn |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 6.56 Bn |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 473.00 Mn |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | 2.19 Bn |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | 232.77 Mn |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 306.96 Mn |
| 10 | Strategy | 31.26 Bn | 29.06 Bn | 83.35 Mn | 13.04 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 13.04 Mn |
| Mar 31, 2026 | 13.04 Mn |
| Dec 31, 2025 | -22.21 Mn |
| Dec 31, 2025 | -22.21 Mn |
| Sep 30, 2025 | -11.11 Mn |
| Sep 30, 2025 | -11.11 Mn |
| Jun 30, 2025 | -37.01 Mn |
| Jun 30, 2025 | -37.01 Mn |
| Mar 31, 2025 | -5.13 Mn |
| Mar 31, 2025 | -5.13 Mn |
| Dec 31, 2024 | -17.61 Mn |
| Dec 31, 2024 | -17.61 Mn |
| Sep 30, 2024 | -41.39 Mn |
| Sep 30, 2024 | -41.39 Mn |
| Jun 30, 2024 | -24.05 Mn |
| Jun 30, 2024 | -24.05 Mn |
| Mar 31, 2024 | 27.04 Mn |
| Mar 31, 2024 | 27.04 Mn |
| Dec 31, 2023 | 837,000.00 |
| Dec 31, 2023 | 837,000.00 |