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

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

Historic Data

Download Data
DateValue
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