Strategy (MSTR) Other Operating Expenses (2010 - 2026)

Strategy (MSTR) posted Other Operating Expenses of $14.5 billion for Q1 2026, down 17.2% sequentially from $17.5 billion in Q4 2025, and up 144.17% YoY from $5.9 billion in Q1 2025.

Strategy (MSTR) Other Operating Expenses (2010 - 2026) Analysis & Trends

Strategy has reported Other Operating Expenses for 17 years, with the latest figure at $14.5 billion in Q1 2026.

  • Quarterly Other Operating Expenses rose 144.17% year-over-year to $14.5 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $14.1 billion (up 84.58% YoY) and the FY2025 annual result came in at $5.5 billion, up 186.65% from the prior year.
  • Other Operating Expenses slipped to $14.5 billion in Q1 2026 per MSTR's latest filing, from $17.5 billion in the prior quarter.
  • Over five years, Other Operating Expenses peaked at $17.5 billion in Q4 2025 and troughed at -$14.0 billion in Q2 2025.
  • A 5-year average of $1.4 billion and a median of $214.3 million in 2024 frame the typical range for Other Operating Expenses.
  • The widest YoY moves for Other Operating Expenses: up 2585.69% in 2025, down 6638.1% in 2025.
  • Over 5 years, Other Operating Expenses stood at $229.2 million in 2022, then tumbled by 57.02% to $98.5 million in 2023, then soared by 956.48% to $1.0 billion in 2024, then jumped by 1579.86% to $17.5 billion in 2025, then slipped by 17.2% to $14.5 billion in 2026.
  • According to Business Quant data, Other Operating Expenses over the past three periods registered $14.5 billion, $17.5 billion, and -$3.9 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.

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
DateValue
Jun 30, 2026 8.34 Bn
Mar 31, 2026 14.48 Bn
Dec 31, 2025 17.49 Bn
Sep 30, 2025 -3.87 Bn
Jun 30, 2025 -14.01 Bn
Mar 31, 2025 5.93 Bn
Dec 31, 2024 1.04 Bn
Sep 30, 2024 445.39 Mn
Jun 30, 2024 214.34 Mn
Mar 31, 2024 220.82 Mn
Dec 31, 2023 98.54 Mn
Sep 30, 2023 63.22 Mn
Jun 30, 2023 61.80 Mn
Mar 31, 2023 50.27 Mn
Dec 31, 2022 229.25 Mn
Sep 30, 2022 36.14 Mn
Jun 30, 2022 949.63 Mn
Mar 31, 2022 203.61 Mn
Dec 31, 2021 177.46 Mn
Sep 30, 2021 93.38 Mn