Strategy (MSTR) Non-cash Items (2013 - 2025)

Strategy's Non-cash Items history runs 13 years deep, the most recent figure standing at $1.5 million for Q3 2025.

• In Q3 2025, Non-cash Items fell 96.72% year-over-year to $1.5 million; the TTM figure through Sep 2025 stood at $1.5 million (down 96.72% YoY), while the FY2024 annual figure was $36.1 million, down 49.01% from the prior year.
• Non-cash Items came in at $1.5 million for Q3 2025 at Strategy, down from $29.5 million in the prior quarter.
• In the past five years, Non-cash Items ranged from a high of $154.2 million in Q1 2022 to a low of $1.5 million in Q3 2025.
• A 5-year average of $87.0 million and a median of $96.1 million in 2021 frame the typical range for Non-cash Items.
• Across the five-year window, Non-cash Items surged 349.61% in 2021 and sank 96.72% in 2025, its largest moves.
• Strategy's Non-cash Items stood at $96.1 million in 2021, then soared by 37.57% to $132.2 million in 2022, then slumped by 46.44% to $70.8 million in 2023, then sank by 49.01% to $36.1 million in 2024, then tumbled by 95.84% to $1.5 million in 2025.
• According to Business Quant data, Non-cash Items over the past three periods registered $1.5 million, $29.5 million, and $35.0 million for Q3 2025, Q2 2025, and Q1 2025 respectively.

Peer Comparison