Strategy (MSTR) Goodwill & Intangibles (2010 - 2025)
Strategy (MSTR) posted Goodwill & Intangibles of $73.2 billion for Q3 2025, up 13.74% sequentially from $64.4 billion in Q2 2025, and up 968.56% YoY from $6.9 billion in Q3 2024.
Strategy (MSTR) Goodwill & Intangibles (2010 - 2025) Analysis & Trends
Strategy has reported Goodwill & Intangibles for 15 years, with the latest figure at $73.2 billion in Q3 2025.
- Quarterly Goodwill & Intangibles rose 968.56% year-over-year to $73.2 billion in Q3 2025, while the trailing twelve-month figure through Sep 2025 was $73.2 billion (up 968.56% YoY) and the FY2024 annual result came in at $23.9 billion, up 559.3% from the prior year.
- Goodwill & Intangibles climbed to $73.2 billion in Q3 2025 per MSTR's latest filing, from $64.4 billion in the prior quarter.
- Over five years, Goodwill & Intangibles peaked at $73.2 billion in Q3 2025 and troughed at $1.8 billion in Q4 2022.
- A 5-year average of $13.2 billion and a median of $2.9 billion in 2021 frame the typical range for Goodwill & Intangibles.
- The sharpest annual moves came in 2022 and 2025: Goodwill & Intangibles sank 35.44% in 2022, then soared 1031.58% in 2025.
- Over 5 years, Goodwill & Intangibles stood at $2.9 billion in 2021, then sank by 35.44% to $1.8 billion in 2022, then surged by 97.09% to $3.6 billion in 2023, then soared by 559.3% to $23.9 billion in 2024, then jumped by 206.18% to $73.2 billion in 2025.
- According to Business Quant data, Goodwill & Intangibles over the past three periods registered $73.2 billion, $64.4 billion, and $43.5 billion for Q3 2025, Q2 2025, and Q1 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn |
| 10 | Strategy | 32.75 Bn | 30.30 Bn | 81.55 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2025 | 73.21 Bn |
| Jun 30, 2025 | 64.36 Bn |
| Mar 31, 2025 | 43.55 Bn |
| Dec 31, 2024 | 23.91 Bn |
| Sep 30, 2024 | 6.85 Bn |
| Jun 30, 2024 | 5.69 Bn |
| Mar 31, 2024 | 5.07 Bn |
| Dec 31, 2023 | 3.63 Bn |
| Sep 30, 2023 | 2.45 Bn |
| Jun 30, 2023 | 2.32 Bn |
| Mar 31, 2023 | 2.00 Bn |
| Dec 31, 2022 | 1.84 Bn |
| Sep 30, 2022 | 1.99 Bn |
| Jun 30, 2022 | 1.99 Bn |
| Mar 31, 2022 | 2.90 Bn |
| Dec 31, 2021 | 2.85 Bn |
| Sep 30, 2021 | 2.41 Bn |
| Jun 30, 2021 | 2.05 Bn |
| Mar 31, 2021 | 1.95 Bn |
| Dec 31, 2020 | 1.05 Bn |