Strategy (MSTR) Research & Development (2010 - 2026)

Strategy has disclosed Research & Development across 17 years of filings, most recently posting $34.1 million for Q2 2026.

• In Q2 2026, Research & Development rose 1.27% year-over-year to $34.1 million; the TTM figure through Jun 2026 stood at $132.1 million (changed 0.4% YoY), while the FY2025 annual figure was $123.0 million, down 10.95% from the prior year.
• Research & Development came in at $34.1 million for Q2 2026 at Strategy, down from $36.3 million in the prior quarter.
• In the past five years, Research & Development ranged from a high of $41.4 million in Q4 2022 to a low of $27.5 million in Q1 2025.
• Average Research & Development over 5 years is $34.9 million, with a median of $35.2 million recorded in 2022.
• Year-over-year, Research & Development decreased 17.69% in 2025 and jumped 31.74% in 2026.
• Over 5 years, Research & Development stood at $41.4 million in 2022, then fell by 2.59% to $40.3 million in 2023, then declined by 13.24% to $35.0 million in 2024, then retreated by 8.98% to $31.8 million in 2025, then climbed by 7.21% to $34.1 million in 2026.
• Per Business Quant data, the three most recent Research & Development figures were $34.1 million in Q2 2026, $36.3 million in Q1 2026, and $31.8 million in Q4 2025.