Strategy (MSTR) Net Shares Issued and Repurchased (2010 - 2026)
Strategy (MSTR) reported Net Shares Issued and Repurchased of $2.95 billion for Q2 2026, down 44.0% from $5.27 billion a year earlier and down 44.5% from the prior quarter.
Strategy (MSTR) Net Shares Issued and Repurchased (2010 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Strategy's Net Shares Issued and Repurchased came in at $14.9 billion, down 42.6% year-over-year; for FY2025, it was $16.32 billion, down 1.4% from FY2024.
- By year, Net Shares Issued and Repurchased came in at $16.55 billion in FY2024 (+702.0%), $2.06 billion in FY2023, $47.99 million in FY2022 (-95.4%) and $1.04 billion in FY2021.
- Five-year quarterly Net Shares Issued and Repurchased spans a low of $288,000 in Q1 2022 and a high of $15.15 billion in Q4 2024.
- Year over year, Net Shares Issued and Repurchased gained in three of the last five quarters, with growth averaging 129.3%.
- The high point for year-over-year Net Shares Issued and Repurchased in five years was Q3 2024 (growth of 642.0%); the low point was Q3 2022 (a decline of 99.8%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $5.32 billion (Q1 2026), $4.42 billion (Q4 2025) and $2.21 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Shares Issued (Qtr) |
|---|---|---|---|---|---|
| 1 | Palantir Technologies | 386.60 Bn | 351.42 Bn | 1.93 Bn | 12.85 Mn |
| 2 | Oracle | 343.94 Bn | 216.07 Bn | - | 19.95 Bn |
| 3 | Sap Se | 272.35 Bn | 199.75 Bn | 8.64 Bn | 1.75 Bn |
| 4 | Salesforce | 175.46 Bn | 131.33 Bn | 8.70 Bn | -5.00 Mn |
| 5 | Automatic Data Processing | 122.07 Bn | 108.86 Bn | 2.53 Bn | -758.80 Mn |
| 6 | ServiceNow | 105.47 Bn | 84.73 Bn | 2.90 Bn | 79.00 Mn |
| 7 | Intuit | 94.25 Bn | 73.60 Bn | 3.44 Bn | -2.03 Bn |
| 8 | Relx | 73.66 Bn | 72.75 Bn | - | - |
| 9 | Strategy | 51.78 Bn | 38.91 Bn | 89.63 Mn | 5.42 Bn |
| 10 | Thomson Reuters | 50.52 Bn | 46.49 Bn | - | 238.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 5.42 Bn |
| Jun 30, 2026 | 2.95 Bn |
| Mar 31, 2026 | 5.32 Bn |
| Dec 31, 2025 | 4.42 Bn |
| Sep 30, 2025 | 2.21 Bn |
| Jun 30, 2025 | 5.27 Bn |
| Mar 31, 2025 | 4.42 Bn |
| Dec 31, 2024 | 15.15 Bn |
| Sep 30, 2024 | 1.11 Bn |
| Jun 30, 2024 | 18.48 Mn |
| Mar 31, 2024 | 272.64 Mn |
| Dec 31, 2023 | 1.23 Bn |
| Sep 30, 2023 | 149.99 Mn |
| Jun 30, 2023 | 340.36 Mn |
| Mar 31, 2023 | 347.81 Mn |
| Dec 31, 2022 | 46.65 Mn |
| Sep 30, 2022 | 621,000.00 |
| Jun 30, 2022 | 423,000.00 |
| Mar 31, 2022 | 288,000.00 |
| Dec 31, 2021 | 605.30 Mn |
Strategy Net Shares Issued and Repurchased 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-shares-issued-and-repurchased&ticker=MSTR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-shares-issued-and-repurchased", "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-shares-issued-and-repurchased&ticker=MSTR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();