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

Strategy's Research & Development history runs 17 years deep, the most recent figure standing at $24.7 million for Q1 2026.

• In Q1 2026, Research & Development rose 0.99% year-over-year to $24.7 million; the TTM figure through Mar 2026 stood at $94.1 million (down 17.26% YoY), while the FY2025 annual figure was $93.9 million, down 20.78% from the prior year.
• Research & Development came in at $24.7 million for Q1 2026 at Strategy, up from $22.8 million in the prior quarter.
• In the past five years, Research & Development ranged from a high of $33.5 million in Q1 2022 to a low of $22.6 million in Q3 2025.
• A 5-year average of $28.5 million and a median of $29.7 million in 2023 frame the typical range for Research & Development.
• Across the five-year window, Research & Development increased 13.7% in 2022 and plunged 32.13% in 2025, its largest moves.
• Strategy's Research & Development stood at $31.6 million in 2022, then fell by 4.61% to $30.2 million in 2023, then retreated by 14.81% to $25.7 million in 2024, then slipped by 11.39% to $22.8 million in 2025, then climbed by 8.35% to $24.7 million in 2026.
• According to Business Quant data, Research & Development over the past three periods registered $24.7 million, $22.8 million, and $22.6 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

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