Strategy (MSTR) Leases (2019 - 2026)
Strategy recorded quarterly Leases of $58.3 million in Q1 2026, up 24.04% quarter-over-quarter from $47.0 million in Q4 2025, and up 9.8% year-over-year from $53.1 million in Q1 2025.
Strategy's Leases history runs 8 years deep, the most recent figure standing at $58.3 million for Q1 2026.
- In Q1 2026, Leases rose 9.8% year-over-year to $58.3 million; the TTM figure through Mar 2026 stood at $58.3 million (up 9.8% YoY), while the FY2025 annual figure was $47.0 million, down 13.9% from the prior year.
- Leases came in at $58.3 million for Q1 2026 at Strategy, up from $47.0 million in the prior quarter.
- In the past five years, Leases ranged from a high of $65.2 million in Q2 2022 to a low of $47.0 million in Q4 2025.
- A 5-year average of $56.6 million and a median of $55.3 million in 2024 frame the typical range for Leases.
- Across the five-year window, Leases retreated 13.9% in 2025 and gained 9.8% in 2026, its largest moves.
- Strategy's Leases stood at $61.3 million in 2022, then slipped by 6.46% to $57.3 million in 2023, then fell by 4.85% to $54.6 million in 2024, then declined by 13.9% to $47.0 million in 2025, then advanced by 24.04% to $58.3 million in 2026.
- According to Business Quant data, Leases over the past three periods registered $58.3 million, $47.0 million, and $49.2 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Leases (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | - |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 2.00 Bn |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 1.46 Bn |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 84.00 Mn |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 831.00 Mn |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | - |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 305.00 Mn |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 400.80 Mn |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 601.00 Mn |
| 10 | Strategy | 53.39 Bn | 53.39 Bn | 83.35 Mn | 58.27 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 58.27 Mn |
| Dec 31, 2025 | 46.98 Mn |
| Sep 30, 2025 | 49.24 Mn |
| Jun 30, 2025 | 51.57 Mn |
| Mar 31, 2025 | 53.07 Mn |
| Dec 31, 2024 | 54.56 Mn |
| Sep 30, 2024 | 55.31 Mn |
| Jun 30, 2024 | 53.59 Mn |
| Mar 31, 2024 | 55.09 Mn |
| Dec 31, 2023 | 57.34 Mn |
| Sep 30, 2023 | 54.54 Mn |
| Jun 30, 2023 | 58.26 Mn |
| Mar 31, 2023 | 59.66 Mn |
| Dec 31, 2022 | 61.30 Mn |
| Sep 30, 2022 | 62.90 Mn |
| Jun 30, 2022 | 65.17 Mn |
| Mar 31, 2022 | 64.64 Mn |
| Dec 31, 2021 | 66.76 Mn |
| Sep 30, 2021 | 68.76 Mn |
| Jun 30, 2021 | 70.34 Mn |
| Mar 31, 2021 | 71.37 Mn |
| Dec 31, 2020 | 73.60 Mn |
| Sep 30, 2020 | 79.30 Mn |
| Jun 30, 2020 | 81.54 Mn |
| Mar 31, 2020 | 82.69 Mn |
| Dec 31, 2019 | 85.54 Mn |
| Jun 30, 2019 | 89.63 Mn |
| Mar 31, 2019 | 87.74 Mn |