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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |