Strategy (MSTR) Payables (2010 - 2026)
Strategy (MSTR) reported Payables of $92.8 million for Q1 2026, up 72.78% on a YoY basis from $53.7 million in Q1 2025, and up 19.83% sequentially from $77.5 million in Q4 2025.
Strategy (MSTR) Payables (2010 - 2026) Analysis & Trends
Strategy (MSTR) has 17 years of Payables data on file, last reported at $92.8 million in Q1 2026.
- For the quarter ending Q1 2026, Payables rose 72.78% year-over-year to $92.8 million; the trailing twelve-month figure through Mar 2026 stood at $92.8 million (up 72.78% YoY), and the FY2025 full-year result was $77.5 million, up 46.19% from the prior year.
- Payables rose to $92.8 million in Q1 2026, from $77.5 million in the prior quarter.
- In the past five years, Payables ranged from a high of $92.8 million in Q1 2026 to a low of $33.7 million in Q2 2023.
- A 5-year average of $48.4 million and a median of $44.2 million in 2025 frame the typical range for Payables.
- Across the five-year window, Payables declined 18.94% in 2022 and surged 72.78% in 2026, its largest moves.
- Tracing MSTR's Payables over 5 years: stood at $43.0 million in 2022, then increased by 0.27% to $43.1 million in 2023, then grew by 22.96% to $53.0 million in 2024, then surged by 46.19% to $77.5 million in 2025, then rose by 19.83% to $92.8 million in 2026.
- Business Quant data shows MSTR's Payables at $92.8 million in Q1 2026, $77.5 million in Q4 2025, and $48.7 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | 2.98 Bn |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | 92.36 Mn |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | 1.03 Bn |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 1.19 Bn |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | - |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 2.24 Bn |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | 812.90 Mn |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | 55.06 Mn |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 863.91 Mn |
| 10 | Strategy | 31.26 Bn | 29.06 Bn | 83.35 Mn | 92.81 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 92.81 Mn |
| Dec 31, 2025 | 77.46 Mn |
| Sep 30, 2025 | 48.72 Mn |
| Jun 30, 2025 | 44.22 Mn |
| Mar 31, 2025 | 53.72 Mn |
| Dec 31, 2024 | 52.98 Mn |
| Sep 30, 2024 | 45.71 Mn |
| Jun 30, 2024 | 44.19 Mn |
| Mar 31, 2024 | 41.87 Mn |
| Dec 31, 2023 | 43.09 Mn |
| Sep 30, 2023 | 34.31 Mn |
| Jun 30, 2023 | 33.66 Mn |
| Mar 31, 2023 | 50.60 Mn |
| Dec 31, 2022 | 42.98 Mn |
| Sep 30, 2022 | 36.85 Mn |
| Jun 30, 2022 | 35.96 Mn |
| Mar 31, 2022 | 44.39 Mn |
| Dec 31, 2021 | 46.08 Mn |
| Sep 30, 2021 | 45.45 Mn |
| Jun 30, 2021 | 41.24 Mn |