Strategy (MSTR) Net Cash Flow (2010 - 2026)
Strategy's (MSTR) quarterly Net Cash Flow came in at -$495.0 million in Q2 2026, down 4005.86% year-over-year from $12.7 million in Q2 2025, and down 440.12% quarter-over-quarter from -$91.7 million in Q1 2026.
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Analysis
Strategy (MSTR) Net Cash Flow (2010 - 2026) Analysis & Trends
Strategy has disclosed Net Cash Flow across 17 years of filings, most recently posting -$495.0 million for Q2 2026.
- In Q2 2026, Net Cash Flow fell 4005.86% year-over-year to -$495.0 million; the TTM figure through Jun 2026 stood at $1.7 billion (up 8946.52% YoY), while the FY2025 annual figure was $2.3 billion, up 34257.98% from the prior year.
- Net Cash Flow came in at -$495.0 million for Q2 2026 at Strategy, down from -$91.7 million in the prior quarter.
- In the past five years, Net Cash Flow ranged from a high of $2.3 billion in Q4 2025 to a low of -$495.0 million in Q2 2026.
- Average Net Cash Flow over 5 years is $92.1 million, with a median of -$9.1 million recorded in 2022.
- Year-over-year, Net Cash Flow surged 37093.87% in 2025 and sank 4005.86% in 2026.
- Over 5 years, Net Cash Flow stood at -$18.3 million in 2022, then soared by 101.95% to $358000.0 in 2023, then sank by 1799.16% to -$6.1 million in 2024, then surged by 37093.87% to $2.3 billion in 2025, then plunged by 122.0% to -$495.0 million in 2026.
- Per Business Quant data, the three most recent Net Cash Flow figures were -$495.0 million in Q2 2026, -$91.7 million in Q1 2026, and $2.3 billion in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | NCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Palantir Technologies | 460.85 Bn | 451.55 Bn | 1.64 Bn | -261.79 Mn |
| 2 | Oracle | 437.09 Bn | 400.44 Bn | - | 7.63 Bn |
| 3 | Sap Se | 258.74 Bn | 237.66 Bn | 8.40 Bn | 1.05 Bn |
| 4 | Salesforce | 195.52 Bn | 184.12 Bn | 8.70 Bn | -550.00 Mn |
| 5 | ServiceNow | 145.61 Bn | 140.94 Bn | 2.82 Bn | -193.00 Mn |
| 6 | Automatic Data Processing | 104.89 Bn | 100.66 Bn | 2.51 Bn | -1.95 Bn |
| 7 | Intuit | 76.97 Bn | 69.77 Bn | 3.46 Bn | -2.69 Bn |
| 8 | Relx | 60.41 Bn | 60.04 Bn | - | - |
| 9 | Strategy | 57.09 Bn | 54.64 Bn | 81.55 Mn | -495.04 Mn |
| 10 | Workday | 46.40 Bn | 42.99 Bn | 2.21 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -495.04 Mn |
| Mar 31, 2026 | -91.66 Mn |
| Dec 31, 2025 | 2.25 Bn |
| Sep 30, 2025 | 4.20 Mn |
| Jun 30, 2025 | -12.06 Mn |
| Mar 31, 2025 | 21.52 Mn |
| Dec 31, 2024 | -6.08 Mn |
| Sep 30, 2024 | -22.23 Mn |
| Jun 30, 2024 | -14.45 Mn |
| Mar 31, 2024 | 36.13 Mn |
| Dec 31, 2023 | 358,000.00 |
| Sep 30, 2023 | -20.42 Mn |
| Jun 30, 2023 | -27.83 Mn |
| Mar 31, 2023 | 45.25 Mn |
| Dec 31, 2022 | -18.32 Mn |
| Sep 30, 2022 | -6.20 Mn |
| Jun 30, 2022 | -20.50 Mn |
| Mar 31, 2022 | 34.83 Mn |
| Dec 31, 2021 | 6.88 Mn |
| Sep 30, 2021 | 1.59 Mn |
API Access
Strategy Net Cash Flow 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=net-cash-flow&ticker=MSTR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-cash-flow", "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=net-cash-flow&ticker=MSTR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();