Strategy (MSTR) Goodwill & Intangibles (2010 - 2025)

Strategy (MSTR) reported Goodwill & Intangibles of $73.2 billion for Q3 2025, up 968.56% on a YoY basis from $6.9 billion in Q3 2024, and up 13.74% sequentially from $64.4 billion in Q2 2025.

Strategy (MSTR) Goodwill & Intangibles (2010 - 2025) Analysis & Trends

Strategy (MSTR) has 15 years of Goodwill & Intangibles data on file, last reported at $73.2 billion in Q3 2025.

  • For the quarter ending Q3 2025, Goodwill & Intangibles rose 968.56% year-over-year to $73.2 billion; the trailing twelve-month figure through Sep 2025 stood at $73.2 billion (up 968.56% YoY), and the FY2024 full-year result was $23.9 billion, up 559.3% from the prior year.
  • Goodwill & Intangibles climbed to $73.2 billion in Q3 2025, from $64.4 billion in the prior quarter.
  • In the past five years, Goodwill & Intangibles ranged from a high of $73.2 billion in Q3 2025 to a low of $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.
  • Across the five-year window, Goodwill & Intangibles tumbled 35.44% in 2022 and jumped 1031.58% in 2025, its largest moves.
  • Tracing MSTR's Goodwill & Intangibles over 5 years: stood at $2.9 billion in 2021, then slumped 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.
  • Business Quant data shows MSTR's Goodwill & Intangibles at $73.2 billion in Q3 2025, $64.4 billion in Q2 2025, and $43.5 billion in Q1 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn
2 Full Truck Alliance 188.77 Bn 186.13 Bn -
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn
10 Strategy 31.26 Bn 29.06 Bn 83.35 Mn

Historic Data

Download Data
DateValue
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