Strategy (MSTR) Operating Margin (2010 - 2026)
Strategy's (MSTR) quarterly Operating Margin came in at 6808.11% in Q2 2026, down 1906441.0% year-over-year from N/an in Q2 2025, and up 41.52% quarter-over-quarter from 11641.53% in Q1 2026.
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Strategy (MSTR) Operating Margin (2010 - 2026) Analysis & Trends
Strategy has disclosed Operating Margin across 17 years of filings, most recently posting 6808.11% for Q2 2026.
- In Q2 2026, Operating Margin fell 1906441.0% year-over-year to 6808.11%; the TTM figure through Jun 2026 stood at 7295.38% (down 873628.0% YoY), while the FY2025 annual figure was 1140.82%, down 74101.0% from the prior year.
- Operating Margin came in at 6808.11% for Q2 2026 at Strategy, up from 11641.53% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 12256.3% in Q2 2025 to a low of 14184.97% in Q4 2025.
- Average Operating Margin over 5 years is 1410.35%, with a median of 161.45% recorded in 2022.
- Year-over-year, Operating Margin surged 1243601 bps in 2025 and slumped 1906441 bps in 2026.
- Over 5 years, Operating Margin stood at 146.14% in 2022, then jumped by 76 bps to 34.37% in 2023, then slumped by 2350 bps to 842.13% in 2024, then slumped by 1584 bps to 14184.97% in 2025, then surged by 52 bps to 6808.11% in 2026.
- Per Business Quant data, the three most recent Operating Margin figures were 6808.11% in Q2 2026, 11641.53% in Q1 2026, and 14184.97% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Palantir Technologies | 418.90 Bn | 409.60 Bn | 1.64 Bn | 47.12% |
| 2 | Relx | 64.63 Bn | 64.32 Bn | - | - |
| 3 | Strategy | 50.26 Bn | 47.81 Bn | 81.55 Mn | -6,808.11% |
| 4 | Fair Isaac | 20.13 Bn | 19.88 Bn | 587.17 Mn | 53.79% |
| 5 | NIQ Global Intelligence | 5.43 Bn | 5.25 Bn | 624.20 Mn | 5.81% |
| 6 | Amplitude | 3.25 Bn | 3.07 Bn | 69.10 Mn | -34.87% |
| 7 | Similarweb | 768.75 Mn | 694.84 Mn | 62.31 Mn | 0.96% |
| 8 | Realloys | 694.70 Mn | 694.70 Mn | 475,000.00 | -4,577.61% |
| 9 | Cognyte Software | 618.97 Mn | 533.72 Mn | 76.27 Mn | 4.18% |
| 10 | Marketwise | 291.78 Mn | 25.05 Mn | 64.70 Mn | -5.61% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -6,808.11% |
| Mar 31, 2026 | -11,641.53% |
| Dec 31, 2025 | -14,184.97% |
| Sep 30, 2025 | 3,023.40% |
| Jun 30, 2025 | 12,256.30% |
| Mar 31, 2025 | -5,331.44% |
| Dec 31, 2024 | -842.13% |
| Sep 30, 2024 | -372.69% |
| Jun 30, 2024 | -179.71% |
| Mar 31, 2024 | -176.75% |
| Dec 31, 2023 | -34.37% |
| Sep 30, 2023 | -19.50% |
| Jun 30, 2023 | -22.18% |
| Mar 31, 2023 | -16.66% |
| Dec 31, 2022 | -146.14% |
| Sep 30, 2022 | 4.83% |
| Jun 30, 2022 | -752.11% |
| Mar 31, 2022 | -142.49% |
| Dec 31, 2021 | -102.19% |
| Sep 30, 2021 | -38.80% |