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
DateValue
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