Strategy (MSTR) Gross Margin (2010 - 2026)

Strategy has disclosed Gross Margin across 17 years of filings, most recently posting 66.64% for Q2 2026.

• In Q2 2026, Gross Margin fell 213.0% year-over-year to 66.64%; the TTM figure through Jun 2026 stood at 67.6% (down 250.0% YoY), while the FY2025 annual figure was 68.69%, down 337.0% from the prior year.
• Gross Margin came in at 66.64% for Q2 2026 at Strategy, down from 67.06% in the prior quarter.
• In the past five years, Gross Margin ranged from a high of 79.84% in Q4 2022 to a low of 66.11% in Q4 2025.
• Average Gross Margin over 5 years is 73.64%, with a median of 73.1% recorded in 2024.
• Year-over-year, Gross Margin sank 900 bps in 2024 and advanced 5 bps in 2025.
• Over 5 years, Gross Margin stood at 79.84% in 2022, then dropped by 3 bps to 77.33% in 2023, then decreased by 7 bps to 71.69% in 2024, then declined by 8 bps to 66.11% in 2025, then grew by 1 bps to 66.64% in 2026.
• Per Business Quant data, the three most recent Gross Margin figures were 66.64% in Q2 2026, 67.06% in Q1 2026, and 66.11% in Q4 2025.