Strategy (MSTR) Non-Current Debt (2020 - 2026)
Strategy's (MSTR) quarterly Non-Current Debt came in at $6.7 billion in Q2 2026, down 17.8% year-over-year from $8.2 billion in Q2 2025, and down 18.14% quarter-over-quarter from $8.2 billion in Q1 2026.
Analysis
Strategy (MSTR) Non-Current Debt (2020 - 2026) Analysis & Trends
Strategy has disclosed Non-Current Debt across 7 years of filings, most recently posting $6.7 billion for Q2 2026.
- In Q2 2026, Non-Current Debt fell 17.8% year-over-year to $6.7 billion; the TTM figure through Jun 2026 stood at $6.7 billion (down 17.8% YoY), while the FY2025 annual figure was $8.2 billion, up 13.88% from the prior year.
- Non-Current Debt came in at $6.7 billion for Q2 2026 at Strategy, down from $8.2 billion in the prior quarter.
- In the past five years, Non-Current Debt ranged from a high of $8.2 billion in Q1 2026 to a low of $2.2 billion in Q1 2023.
- Average Non-Current Debt over 5 years is $4.7 billion, with a median of $3.7 billion recorded in 2024.
- Year-over-year, Non-Current Debt soared 229.5% in 2024 and decreased 17.8% in 2026.
- Over 5 years, Non-Current Debt stood at $2.4 billion in 2022, then decreased by 8.24% to $2.2 billion in 2023, then soared by 229.5% to $7.2 billion in 2024, then advanced by 13.88% to $8.2 billion in 2025, then slipped by 18.07% to $6.7 billion in 2026.
- Per Business Quant data, the three most recent Non-Current Debt figures were $6.7 billion in Q2 2026, $8.2 billion in Q1 2026, and $8.2 billion in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Palantir Technologies | 418.90 Bn | 409.60 Bn | 1.64 Bn | - |
| 2 | Relx | 64.63 Bn | 64.32 Bn | - | 3.14 Bn |
| 3 | Strategy | 50.26 Bn | 47.81 Bn | 81.55 Mn | 6.71 Bn |
| 4 | Fair Isaac | 20.13 Bn | 19.88 Bn | 587.17 Mn | 5.58 Bn |
| 5 | NIQ Global Intelligence | 5.43 Bn | 5.25 Bn | 624.20 Mn | 3.45 Bn |
| 6 | Amplitude | 3.25 Bn | 3.07 Bn | 69.10 Mn | - |
| 7 | Similarweb | 768.75 Mn | 694.84 Mn | 62.31 Mn | - |
| 8 | Realloys | 694.70 Mn | 694.70 Mn | 475,000.00 | - |
| 9 | Cognyte Software | 618.97 Mn | 533.72 Mn | 76.27 Mn | - |
| 10 | Marketwise | 291.78 Mn | 25.05 Mn | 64.70 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.71 Bn |
| Mar 31, 2026 | 8.20 Bn |
| Dec 31, 2025 | 8.19 Bn |
| Sep 30, 2025 | 8.17 Bn |
| Jun 30, 2025 | 8.16 Bn |
| Mar 31, 2025 | 8.14 Bn |
| Dec 31, 2024 | 7.19 Bn |
| Sep 30, 2024 | 4.21 Bn |
| Jun 30, 2024 | 3.85 Bn |
| Mar 31, 2024 | 3.56 Bn |
| Dec 31, 2023 | 2.18 Bn |
| Sep 30, 2023 | 2.18 Bn |
| Jun 30, 2023 | 2.18 Bn |
| Mar 31, 2023 | 2.18 Bn |
| Dec 31, 2022 | 2.38 Bn |
| Sep 30, 2022 | 2.38 Bn |
| Jun 30, 2022 | 2.37 Bn |
| Mar 31, 2022 | 2.36 Bn |
| Dec 31, 2021 | 2.16 Bn |
| Sep 30, 2021 | 2.15 Bn |