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Strategy (MSTR) Operating Expenses (2016 - 2025)

Historic Operating Expenses for Strategy (MSTR) over the last 17 years, with Q3 2025 value amounting to -$3.8 billion.

  • Strategy's Operating Expenses fell 83889.45% to -$3.8 billion in Q3 2025 from the same period last year, while for Sep 2025 it was -$10.7 billion, marking a year-over-year decrease of 97092.28%. This contributed to the annual value of $2.2 billion for FY2024, which is 33620.32% up from last year.
  • Strategy's Operating Expenses amounted to -$3.8 billion in Q3 2025, which was down 83889.45% from -$14.0 billion recorded in Q2 2025.
  • Strategy's Operating Expenses' 5-year high stood at $6.0 billion during Q1 2025, with a 5-year trough of -$14.0 billion in Q2 2025.
  • Its 5-year average for Operating Expenses is -$325.9 million, with a median of $263.6 million in 2022.
  • Examining YoY changes over the last 5 years, Strategy's Operating Expenses showed a top increase of 197608.93% in 2025 and a maximum decrease of 506944.31% in 2025.
  • Over the past 5 years, Strategy's Operating Expenses (Quarter) stood at $248.0 million in 2021, then increased by 20.8% to $299.5 million in 2022, then tumbled by 53.58% to $139.0 million in 2023, then surged by 693.21% to $1.1 billion in 2024, then tumbled by 444.55% to -$3.8 billion in 2025.
  • Its Operating Expenses was -$3.8 billion in Q3 2025, compared to -$14.0 billion in Q2 2025 and $6.0 billion in Q1 2025.