Strategy (MSTR) Net Margin (2010 - 2026)

Strategy (MSTR) reported Net Margin of 10275.3% for Q1 2026, down 646854.0% on a YoY basis from N/an in Q1 2025, and little changed sequentially from 10261.15% in Q4 2025.

Strategy (MSTR) Net Margin (2010 - 2026) Analysis & Trends

Strategy (MSTR) has 16 years of Net Margin data on file, last reported at 10275.3% in Q1 2026.

  • For the quarter ending Q1 2026, Net Margin fell 646854.0% year-over-year to 10275.3%; the trailing twelve-month figure through Mar 2026 stood at 2604.72% (down 144169.0% YoY), and the FY2025 full-year result was 886.26%, down 63453.0% from the prior year.
  • Net Margin held at 10275.3% in Q1 2026, from 10261.15% in the prior quarter.
  • In the past five years, Net Margin ranged from a high of 8709.85% in Q2 2025 to a low of 10275.3% in Q1 2026.
  • A 5-year average of 905.71% and a median of 109.62% in 2022 frame the typical range for Net Margin.
  • Peak annual rise in Net Margin reached 880188 bps in 2025, while the deepest fall reached 970537 bps in 2025.
  • Tracing MSTR's Net Margin over 5 years: stood at 188.35% in 2022, then jumped by 138 bps to 71.6% in 2023, then plunged by 876 bps to 555.78% in 2024, then sank by 1746 bps to 10261.15% in 2025, then slipped by 0 bps to 10275.3% in 2026.
  • Business Quant data shows MSTR's Net Margin at 10275.3% in Q1 2026, 10261.15% in Q4 2025, and 2055.41% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn 20.22%
2 Full Truck Alliance 188.77 Bn 186.13 Bn - -
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn -18.33%
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn 2.29%
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn 18.93%
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn 7.47%
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn 22.90%
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn -21.25%
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn 22.77%
10 Strategy 31.26 Bn 29.06 Bn 83.35 Mn -10,275.30%

Historic Data

Download Data
DateValue
Mar 31, 2026 -10,275.30%
Dec 31, 2025 -10,261.15%
Sep 30, 2025 2,055.41%
Jun 30, 2025 8,709.85%
Mar 31, 2025 -3,806.76%
Dec 31, 2024 -555.78%
Sep 30, 2024 -293.07%
Jun 30, 2024 -92.03%
Mar 31, 2024 -46.09%
Dec 31, 2023 71.60%
Sep 30, 2023 -110.80%
Jun 30, 2023 18.47%
Mar 31, 2023 378.29%
Dec 31, 2022 -188.35%
Sep 30, 2022 -21.60%
Jun 30, 2022 -870.22%
Mar 31, 2022 -109.62%
Dec 31, 2021 -274.31%
Sep 30, 2021 -28.23%
Jun 30, 2021 -238.81%