Strategy (MSTR) Net Margin (2010 - 2026)
Strategy (MSTR) reported Net Margin of -7044.56% for Q2 2026, down 15754.41 percentage points from 8709.85% a year earlier but up 3230.74 percentage points from the prior quarter.
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Analysis
Strategy (MSTR) Net Margin (2010 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Strategy's Net Margin came in at -6294.28%, down 7317.96 percentage points year-over-year; for FY2025, it came in at -886.26%, down 634.53 percentage points from FY2024.
- Net Margin has a five-year change of -884.69 percentage points (FY2020 to FY2025).
- By year, Net Margin came in at -251.73% in FY2024 (-338.20 pp), 86.47% in FY2023 (+380.86 pp), -294.39% in FY2022 (-189.55 pp) and -104.84% in FY2021 (-103.27 pp).
- Five-year quarterly Net Margin spans a low of -10275.30% in Q1 2026 and a high of 8709.85% in Q2 2025.
- Year over year, Net Margin has now declined in each of the last three quarters, with an average year-over-year change of -3168.53 percentage points over the last eight quarters.
- The high point for year-over-year Net Margin in five years was Q2 2025 (a gain of 8801.88 percentage points); the low point was Q2 2026 (a drop of 15754.41 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at -10275.30% (Q1 2026), -10261.15% (Q4 2025) and 2055.41% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Palantir Technologies | 386.60 Bn | 351.42 Bn | 1.93 Bn | 48.76% |
| 2 | Oracle | 343.94 Bn | 216.07 Bn | - | 24.19% |
| 3 | Sap Se | 272.35 Bn | 199.75 Bn | 8.64 Bn | 21.90% |
| 4 | Salesforce | 175.46 Bn | 131.33 Bn | 8.70 Bn | 31.08% |
| 5 | Automatic Data Processing | 122.07 Bn | 108.86 Bn | 2.53 Bn | 20.49% |
| 6 | ServiceNow | 105.47 Bn | 84.73 Bn | 2.90 Bn | 6.75% |
| 7 | Intuit | 94.25 Bn | 73.60 Bn | 3.44 Bn | 8.34% |
| 8 | Relx | 73.66 Bn | 72.75 Bn | - | - |
| 9 | Strategy | 51.78 Bn | 38.91 Bn | 89.63 Mn | 15,243.08% |
| 10 | Thomson Reuters | 50.52 Bn | 46.49 Bn | - | 19.09% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 15,243.08% |
| Jun 30, 2026 | -7,044.56% |
| 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 | -66.89% |
API Access
Strategy Net Margin 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-margin&ticker=MSTR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "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-margin&ticker=MSTR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();