Strategy MSTR
NASDAQ MSTR
$142.80 -2.02 (-1.39%)
At close: Sep 4, 2026 · 4:00 PM EDT

Strategy (MSTR) Operating Income (2010 - 2026)

Strategy's (MSTR) quarterly Operating Income came in at -$8.3 billion in Q2 2026, down 159.37% year-over-year from $14.0 billion in Q2 2025, and up 42.43% quarter-over-quarter from -$14.5 billion in Q1 2026.

Analysis

Strategy (MSTR) Operating Income (2010 - 2026) Analysis & Trends

Strategy has disclosed Operating Income across 17 years of filings, most recently posting -$8.3 billion for Q2 2026.

  • In Q2 2026, Operating Income fell 159.37% year-over-year to -$8.3 billion; the TTM figure through Jun 2026 stood at -$36.4 billion (down 645.76% YoY), while the FY2025 annual figure was -$5.4 billion, down 193.82% from the prior year.
  • Operating Income came in at -$8.3 billion for Q2 2026 at Strategy, up from -$14.5 billion in the prior quarter.
  • In the past five years, Operating Income ranged from a high of $14.0 billion in Q2 2025 to a low of -$17.4 billion in Q4 2025.
  • Average Operating Income over 5 years is -$1.7 billion, with a median of -$197.0 million recorded in 2022.
  • The largest YoY upside for Operating Income was 7106.4% in 2025 against a maximum downside of 2806.9% in 2025.
  • Over 5 years, Operating Income stood at -$193.7 million in 2022, then soared by 77.91% to -$42.8 million in 2023, then plunged by 2275.65% to -$1.0 billion in 2024, then plunged by 1616.4% to -$17.4 billion in 2025, then jumped by 52.25% to -$8.3 billion in 2026.
  • Per Business Quant data, the three most recent Operating Income figures were -$8.3 billion in Q2 2026, -$14.5 billion in Q1 2026, and -$17.4 billion in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Palantir Technologies 418.90 Bn 409.60 Bn 1.64 Bn 912.00 Mn
2 Relx 64.63 Bn 64.32 Bn - -
3 Strategy 50.26 Bn 47.81 Bn 81.55 Mn -8.33 Bn
4 Fair Isaac 20.13 Bn 19.88 Bn 587.17 Mn 362.63 Mn
5 NIQ Global Intelligence 5.43 Bn 5.25 Bn 624.20 Mn 65.30 Mn
6 Amplitude 3.25 Bn 3.07 Bn 69.10 Mn -35.17 Mn
7 Similarweb 768.75 Mn 694.84 Mn 62.31 Mn 744,000.00
8 Realloys 694.70 Mn 694.70 Mn 475,000.00 -36.80 Mn
9 Cognyte Software 618.97 Mn 533.72 Mn 76.27 Mn 4.41 Mn
10 Marketwise 291.78 Mn 25.05 Mn 64.70 Mn -4.26 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -8.33 Bn
Mar 31, 2026 -14.47 Bn
Dec 31, 2025 -17.45 Bn
Sep 30, 2025 3.89 Bn
Jun 30, 2025 14.03 Bn
Mar 31, 2025 -5.92 Bn
Dec 31, 2024 -1.02 Bn
Sep 30, 2024 -432.58 Mn
Jun 30, 2024 -200.27 Mn
Mar 31, 2024 -203.70 Mn
Dec 31, 2023 -42.79 Mn
Sep 30, 2023 -25.25 Mn
Jun 30, 2023 -26.71 Mn
Mar 31, 2023 -20.31 Mn
Dec 31, 2022 -193.72 Mn
Sep 30, 2022 6.06 Mn
Jun 30, 2022 -918.12 Mn
Mar 31, 2022 -169.96 Mn
Dec 31, 2021 -137.47 Mn
Sep 30, 2021 -49.66 Mn