Strategy (MSTR) Operating Leases (2019 - 2026)
Strategy (MSTR) posted Operating Leases of $60.9 million for Q1 2026, up 31.92% sequentially from $46.1 million in Q4 2025, and up 13.35% YoY from $53.7 million in Q1 2025.
Strategy (MSTR) Operating Leases (2019 - 2026) Analysis & Trends
Strategy has reported Operating Leases for 8 years, with the latest figure at $60.9 million in Q1 2026.
- Quarterly Operating Leases rose 13.35% year-over-year to $60.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $60.9 million (up 13.35% YoY) and the FY2025 annual result came in at $46.1 million, down 18.2% from the prior year.
- Operating Leases grew to $60.9 million in Q1 2026 per MSTR's latest filing, from $46.1 million in the prior quarter.
- Over five years, Operating Leases peaked at $74.0 million in Q1 2022 and troughed at $46.1 million in Q4 2025.
- A 5-year average of $60.1 million and a median of $59.7 million in 2023 frame the typical range for Operating Leases.
- The sharpest annual moves came in 2025 and 2026: Operating Leases dropped 18.2% in 2025, then grew 13.35% in 2026.
- Over 5 years, Operating Leases stood at $67.3 million in 2022, then slipped by 9.29% to $61.1 million in 2023, then declined by 7.67% to $56.4 million in 2024, then dropped by 18.2% to $46.1 million in 2025, then jumped by 31.92% to $60.9 million in 2026.
- According to Business Quant data, Operating Leases over the past three periods registered $60.9 million, $46.1 million, and $48.2 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn |
| 10 | Strategy | 32.75 Bn | 30.30 Bn | 81.55 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 60.85 Mn |
| Mar 31, 2026 | 60.86 Mn |
| Dec 31, 2025 | 46.14 Mn |
| Sep 30, 2025 | 48.16 Mn |
| Jun 30, 2025 | 51.22 Mn |
| Mar 31, 2025 | 53.69 Mn |
| Dec 31, 2024 | 56.40 Mn |
| Sep 30, 2024 | 57.50 Mn |
| Jun 30, 2024 | 56.54 Mn |
| Mar 31, 2024 | 58.43 Mn |
| Dec 31, 2023 | 61.09 Mn |
| Sep 30, 2023 | 59.72 Mn |
| Jun 30, 2023 | 63.81 Mn |
| Mar 31, 2023 | 65.36 Mn |
| Dec 31, 2022 | 67.34 Mn |
| Sep 30, 2022 | 69.28 Mn |
| Jun 30, 2022 | 72.16 Mn |
| Mar 31, 2022 | 73.96 Mn |
| Dec 31, 2021 | 76.61 Mn |
| Sep 30, 2021 | 78.94 Mn |