KPIs & Operating Metrics(New)
Growth Metrics

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.
  • In the past 5 years, Strategy's Operating Expenses ranged from a high of $6.0 billion in Q1 2025 and a low of -$14.0 billion during Q2 2025
  • Moreover, its 5-year median value for Operating Expenses was $263.6 million (2022), whereas its average is -$325.9 million.
  • Data for Strategy's Operating Expenses shows a peak YoY increase of 197608.93% (in 2025) and a maximum YoY decrease of 506944.31% (in 2025) over the last 5 years.
  • Over the past 5 years, Strategy's Operating Expenses (Quarter) stood at $248.0 million in 2021, then grew by 20.8% to $299.5 million in 2022, then plummeted by 53.58% to $139.0 million in 2023, then skyrocketed by 693.21% to $1.1 billion in 2024, then plummeted by 444.55% to -$3.8 billion in 2025.
  • Its last three reported values are -$3.8 billion in Q3 2025, -$14.0 billion for Q2 2025, and $6.0 billion during Q1 2025.