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

Strategy (MSTR) Invested Capital (2020 - 2026)

Strategy's (MSTR) quarterly Invested Capital came in at $37.6 billion in Q2 2026, down 32.36% year-over-year from $55.6 billion in Q2 2025, and down 16.14% quarter-over-quarter from $44.9 billion in Q1 2026.

Analysis

Strategy (MSTR) Invested Capital (2020 - 2026) Analysis & Trends

Strategy has disclosed Invested Capital across 7 years of filings, most recently posting $37.6 billion for Q2 2026.

  • In Q2 2026, Invested Capital fell 32.36% year-over-year to $37.6 billion; the TTM figure through Jun 2026 stood at $37.6 billion (down 32.36% YoY), while the FY2025 annual figure was $52.3 billion, up 37.14% from the prior year.
  • Invested Capital came in at $37.6 billion for Q2 2026 at Strategy, down from $44.9 billion in the prior quarter.
  • In the past five years, Invested Capital ranged from a high of $60.5 billion in Q3 2025 to a low of $2.0 billion in Q4 2022.
  • Average Invested Capital over 5 years is $20.7 billion, with a median of $6.4 billion recorded in 2024.
  • Year-over-year, Invested Capital slumped 36.32% in 2022 and surged 777.83% in 2024.
  • Over 5 years, Invested Capital stood at $2.0 billion in 2022, then jumped by 117.85% to $4.3 billion in 2023, then surged by 777.83% to $38.2 billion in 2024, then jumped by 37.14% to $52.3 billion in 2025, then declined by 28.1% to $37.6 billion in 2026.
  • Per Business Quant data, the three most recent Invested Capital figures were $37.6 billion in Q2 2026, $44.9 billion in Q1 2026, and $52.3 billion in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 Palantir Technologies 418.90 Bn 409.60 Bn 1.64 Bn -
2 Relx 64.63 Bn 64.32 Bn - 4.83 Bn
3 Strategy 50.26 Bn 47.81 Bn 81.55 Mn 37.64 Bn
4 Fair Isaac 20.13 Bn 19.88 Bn 587.17 Mn 1.79 Bn
5 NIQ Global Intelligence 5.43 Bn 5.25 Bn 624.20 Mn 4.70 Bn
6 Amplitude 3.25 Bn 3.07 Bn 69.10 Mn -
7 Similarweb 768.75 Mn 694.84 Mn 62.31 Mn -
8 Realloys 694.70 Mn 694.70 Mn 475,000.00 190.65 Mn
9 Cognyte Software 618.97 Mn 533.72 Mn 76.27 Mn -
10 Marketwise 291.78 Mn 25.05 Mn 64.70 Mn -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 37.64 Bn
Mar 31, 2026 44.88 Bn
Dec 31, 2025 52.34 Bn
Sep 30, 2025 60.50 Bn
Jun 30, 2025 55.64 Bn
Mar 31, 2025 40.36 Bn
Dec 31, 2024 38.17 Bn
Sep 30, 2024 7.99 Bn
Jun 30, 2024 6.83 Bn
Mar 31, 2024 5.96 Bn
Dec 31, 2023 4.35 Bn
Sep 30, 2023 3.02 Bn
Jun 30, 2023 3.00 Bn
Mar 31, 2023 2.62 Bn
Dec 31, 2022 2.00 Bn
Sep 30, 2022 2.18 Bn
Jun 30, 2022 2.19 Bn
Mar 31, 2022 3.22 Bn
Dec 31, 2021 3.13 Bn
Sep 30, 2021 2.61 Bn