Strategy (MSTR) Free Cash Flow (2010 - 2026)
Strategy (MSTR) posted Free Cash Flow of $13.0 million for Q1 2026, up 158.69% sequentially from -$22.2 million in Q4 2025, and up 354.33% YoY from $2.9 million in Q1 2025.
Strategy (MSTR) Free Cash Flow (2010 - 2026) Analysis & Trends
Strategy has reported Free Cash Flow for 17 years, with the latest figure at $13.0 million in Q1 2026.
- Quarterly Free Cash Flow rose 354.33% year-over-year to $13.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$57.3 million (up 35.03% YoY) and the FY2025 annual result came in at -$75.5 million, down 34.71% from the prior year.
- Free Cash Flow rose to $13.0 million in Q1 2026 per MSTR's latest filing, from -$22.2 million in the prior quarter.
- Over five years, Free Cash Flow peaked at $43.0 million in Q1 2022 and troughed at -$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.
- The sharpest annual moves came in 2024 and 2026: Free Cash Flow tumbled 2203.7% in 2024, then jumped 354.33% in 2026.
- Over 5 years, Free Cash Flow stood at -$18.8 million in 2022, then surged by 104.44% to $837000.0 in 2023, then sank by 2203.7% to -$17.6 million in 2024, then slipped by 26.15% to -$22.2 million in 2025, then surged by 158.69% to $13.0 million in 2026.
- According to Business Quant data, Free Cash Flow over the past three periods registered $13.0 million, -$22.2 million, and -$11.1 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | 8.16 Bn |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 654.00 Mn |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 6.56 Bn |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 2.79 Bn |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 473.00 Mn |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | 232.77 Mn |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 1.36 Bn |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 2.11 Bn |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 5.24 Bn |
| 10 | Strategy | 32.75 Bn | 30.30 Bn | 81.55 Mn | -5.91 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -5.91 Mn |
| Jun 30, 2026 | -5.91 Mn |
| 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 |