Strategy (MSTR) Market Capitalization (2010 - 2026)
Strategy's Market Capitalization came in at $30.6 billion for Q2 2026, down 71.0% from $105.63 billion a year earlier and down 24.9% from the prior quarter.
Analysis
Strategy (MSTR) Market Capitalization (2010 - 2026) Analysis & Trends
For FY2025, Strategy's Market Capitalization was $44.43 billion, down 32.2% from FY2024.
- Market Capitalization carries a five-year compound annual growth rate of 44.3% (FY2020 to FY2025).
- Going back by year, Market Capitalization was $65.49 billion in FY2024 (+514.7%), $10.65 billion in FY2023 (+564.6%), $1.6 billion in FY2022 (-70.6%) and $5.46 billion in FY2021 (-23.1%).
- The Q2 2026 figure represents the lowest quarterly Market Capitalization since Q2 2024.
- Year-over-year, Market Capitalization has declined for three consecutive quarters, with growth averaging 199.9% over the last eight quarters.
- The fastest year-over-year change in Market Capitalization over five years came in Q3 2024 (growth of 592.2%), and the weakest in Q2 2022 (a decline of 84.8%).
- Business Quant data shows MSTR's Market Capitalization at $40.72 billion (Q1 2026), $44.43 billion (Q4 2025) and $86.18 billion (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Palantir Technologies | 450.50 Bn | 419.56 Bn | 1.64 Bn |
| 2 | Oracle | 401.01 Bn | 273.57 Bn | - |
| 3 | Sap Se | 257.03 Bn | 178.11 Bn | 8.40 Bn |
| 4 | Salesforce | 187.04 Bn | 142.92 Bn | 8.70 Bn |
| 5 | ServiceNow | 135.91 Bn | 114.37 Bn | 2.82 Bn |
| 6 | Automatic Data Processing | 104.14 Bn | 86.27 Bn | 2.51 Bn |
| 7 | Intuit | 72.30 Bn | 51.65 Bn | 3.44 Bn |
| 8 | Relx | 60.17 Bn | 57.14 Bn | - |
| 9 | Strategy | 55.31 Bn | 48.30 Bn | 81.55 Mn |
| 10 | Workday | 45.49 Bn | 21.61 Bn | 2.00 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 30.60 Bn |
| Mar 31, 2026 | 40.72 Bn |
| Dec 31, 2025 | 44.43 Bn |
| Sep 30, 2025 | 86.18 Bn |
| Jun 30, 2025 | 105.63 Bn |
| Mar 31, 2025 | 71.07 Bn |
| Dec 31, 2024 | 65.49 Bn |
| Sep 30, 2024 | 32.32 Bn |
| Jun 30, 2024 | 24.60 Bn |
| Mar 31, 2024 | 29.31 Bn |
| Dec 31, 2023 | 10.65 Bn |
| Sep 30, 2023 | 4.67 Bn |
| Jun 30, 2023 | 7.80 Bn |
| Mar 31, 2023 | 6.33 Bn |
| Dec 31, 2022 | 1.60 Bn |
| Sep 30, 2022 | 4.25 Bn |
| Jun 30, 2022 | 1.86 Bn |
| Mar 31, 2022 | 9.72 Bn |
| Dec 31, 2021 | 5.46 Bn |
| Sep 30, 2021 | 5.78 Bn |
API Access
Strategy Market Capitalization API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=market-capitalization&ticker=MSTR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "market-capitalization", "ticker": "MSTR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=market-capitalization&ticker=MSTR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();