Strategy MSTR
NASDAQ MSTR
$142.80 -2.02 (-1.39%)
At close: Sep 4, 2026 · 4:00 PM EDT

Strategy (MSTR) Intangibles (2010 - 2026)

Strategy's (MSTR) quarterly Intangibles came in at $49.7 billion in Q2 2026, down 22.82% year-over-year from $64.4 billion in Q2 2025, and down 3.83% quarter-over-quarter from $51.6 billion in Q1 2026.

Analysis

Strategy (MSTR) Intangibles (2010 - 2026) Analysis & Trends

Strategy has disclosed Intangibles across 16 years of filings, most recently posting $49.7 billion for Q2 2026.

  • In Q2 2026, Intangibles fell 22.82% year-over-year to $49.7 billion; the TTM figure through Jun 2026 stood at $49.7 billion (down 22.82% YoY), while the FY2025 annual figure was $58.9 billion, up 146.15% from the prior year.
  • Intangibles came in at $49.7 billion for Q2 2026 at Strategy, down from $51.6 billion in the prior quarter.
  • In the past five years, Intangibles ranged from a high of $73.2 billion in Q3 2025 to a low of $1.8 billion in Q4 2022.
  • Average Intangibles over 5 years is $22.3 billion, with a median of $5.4 billion recorded in 2024.
  • Year-over-year, Intangibles plunged 35.44% in 2022 and surged 1031.58% in 2025.
  • Over 5 years, Intangibles stood at $1.8 billion in 2022, then soared by 97.09% to $3.6 billion in 2023, then jumped by 559.3% to $23.9 billion in 2024, then soared by 146.15% to $58.9 billion in 2025, then dropped by 15.6% to $49.7 billion in 2026.
  • Per Business Quant data, the three most recent Intangibles figures were $49.7 billion in Q2 2026, $51.6 billion in Q1 2026, and $58.9 billion in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Intangibles (Qtr)
1 Palantir Technologies 418.90 Bn 409.60 Bn 1.64 Bn -
2 Relx 64.63 Bn 64.32 Bn - 4.18 Bn
3 Strategy 50.26 Bn 47.81 Bn 81.55 Mn 49.67 Bn
4 Fair Isaac 20.13 Bn 19.88 Bn 587.17 Mn -
5 NIQ Global Intelligence 5.43 Bn 5.25 Bn 624.20 Mn 2.01 Bn
6 Amplitude 3.25 Bn 3.07 Bn 69.10 Mn 15.56 Mn
7 Similarweb 768.75 Mn 694.84 Mn 62.31 Mn -
8 Realloys 694.70 Mn 694.70 Mn 475,000.00 1.37 Mn
9 Cognyte Software 618.97 Mn 533.72 Mn 76.27 Mn 4.23 Mn
10 Marketwise 291.78 Mn 25.05 Mn 64.70 Mn 3.80 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 49.67 Bn
Mar 31, 2026 51.65 Bn
Dec 31, 2025 58.85 Bn
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