Strategy (MSTR) Operating Expenses (2010 - 2026)

Strategy (MSTR) has 17 years of Operating Expenses data on file, last reported at $14.6 billion in Q1 2026.

• For the quarter ending Q1 2026, Operating Expenses rose 142.62% year-over-year to $14.6 billion; the trailing twelve-month figure through Mar 2026 stood at $14.3 billion (up 81.44% YoY), and the FY2025 full-year result was $5.8 billion, up 163.94% from the prior year.
• Operating Expenses eased to $14.6 billion in Q1 2026, from $17.5 billion in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $17.5 billion in Q4 2025 to a low of -$14.0 billion in Q2 2025.
• A 5-year average of $1.5 billion and a median of $280.8 million in 2024 frame the typical range for Operating Expenses.
• Peak annual rise in Operating Expenses reached 1976.09% in 2025, while the deepest fall reached 5069.44% in 2025.
• Tracing MSTR's Operating Expenses over 5 years: stood at $299.5 million in 2022, then slumped by 53.58% to $139.0 million in 2023, then surged by 693.21% to $1.1 billion in 2024, then jumped by 1489.11% to $17.5 billion in 2025, then declined by 16.96% to $14.6 billion in 2026.
• Business Quant data shows MSTR's Operating Expenses at $14.6 billion in Q1 2026, $17.5 billion in Q4 2025, and -$3.8 billion in Q3 2025.