Strategy (MSTR) Operating Leases (2019 - 2026)
Strategy's (MSTR) quarterly Operating Leases came in at $60.8 million in Q2 2026, up 18.8% year-over-year from $51.2 million in Q2 2025, and little changed quarter-over-quarter from $60.9 million in Q1 2026.
Analysis
Strategy (MSTR) Operating Leases (2019 - 2026) Analysis & Trends
Strategy has disclosed Operating Leases across 8 years of filings, most recently posting $60.8 million for Q2 2026.
- In Q2 2026, Operating Leases rose 18.8% year-over-year to $60.8 million; the TTM figure through Jun 2026 stood at $60.8 million (up 18.8% YoY), while the FY2025 annual figure was $46.1 million, down 30.94% from the prior year.
- Operating Leases came in at $60.8 million for Q2 2026 at Strategy, roughly flat from $60.9 million in the prior quarter.
- In the past five years, Operating Leases ranged from a high of $74.0 million in Q1 2022 to a low of $46.1 million in Q4 2025.
- Average Operating Leases over 5 years is $60.7 million, with a median of $60.9 million recorded in 2026.
- Year-over-year, Operating Leases sank 30.94% in 2025 and rose 18.8% in 2026.
- Over 5 years, Operating Leases stood at $67.3 million in 2022, then retreated by 9.29% to $61.1 million in 2023, then grew by 9.35% to $66.8 million in 2024, then plunged by 30.94% to $46.1 million in 2025, then jumped by 31.89% to $60.8 million in 2026.
- Per Business Quant data, the three most recent Operating Leases figures were $60.8 million in Q2 2026, $60.9 million in Q1 2026, and $46.1 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Palantir Technologies | 418.90 Bn | 409.60 Bn | 1.64 Bn |
| 2 | Relx | 64.63 Bn | 64.32 Bn | - |
| 3 | Strategy | 50.26 Bn | 47.81 Bn | 81.55 Mn |
| 4 | Fair Isaac | 20.13 Bn | 19.88 Bn | 587.17 Mn |
| 5 | NIQ Global Intelligence | 5.43 Bn | 5.25 Bn | 624.20 Mn |
| 6 | Amplitude | 3.25 Bn | 3.07 Bn | 69.10 Mn |
| 7 | Similarweb | 768.75 Mn | 694.84 Mn | 62.31 Mn |
| 8 | Realloys | 694.70 Mn | 694.70 Mn | 475,000.00 |
| 9 | Cognyte Software | 618.97 Mn | 533.72 Mn | 76.27 Mn |
| 10 | Marketwise | 291.78 Mn | 25.05 Mn | 64.70 Mn |
Historic Data
Download Data
Historic 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 | 66.80 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 |