Strategy (MSTR) Shares Outstanding (2010 - 2026)
Strategy (MSTR) reported Shares Outstanding (Entity) of $333.9 million for Q1 2026, up 30.19% on a YoY basis from $256.5 million in Q1 2025, and up 20.26% sequentially from $277.7 million in Q4 2025.
Strategy (MSTR) Shares Outstanding (2010 - 2026) Analysis & Trends
Strategy (MSTR) has 17 years of Shares Outstanding (Entity) data on file, last reported at $333.9 million in Q1 2026.
- For the quarter ending Q1 2026, Shares Outstanding (Entity) rose 30.19% year-over-year to $333.9 million; the trailing twelve-month figure through Mar 2026 stood at $333.9 million (up 30.19% YoY), and the FY2025 full-year result was $277.7 million, up 44.2% from the prior year.
- Shares Outstanding (Entity) advanced to $333.9 million in Q1 2026, from $277.7 million in the prior quarter.
- In the past five years, Shares Outstanding (Entity) ranged from a high of $333.9 million in Q1 2026 to a low of $112.9 million in Q1 2022.
- A 5-year average of $185.3 million and a median of $171.9 million in 2024 frame the typical range for Shares Outstanding (Entity).
- Across the five-year window, Shares Outstanding (Entity) rose 4.83% in 2023 and jumped 54.1% in 2025, its largest moves.
- Tracing MSTR's Shares Outstanding (Entity) over 5 years: stood at $113.2 million in 2022, then climbed by 20.76% to $136.7 million in 2023, then soared by 40.84% to $192.5 million in 2024, then jumped by 44.2% to $277.7 million in 2025, then rose by 20.26% to $333.9 million in 2026.
- Business Quant data shows MSTR's Shares Outstanding (Entity) at $333.9 million in Q1 2026, $277.7 million in Q4 2025, and $284.4 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | 1.17 Bn |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | 20.79 Bn |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | 1.30 Bn |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 2.05 Bn |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 868.00 Mn |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 1.03 Bn |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | 401.70 Mn |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | 345.39 Mn |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 272.06 Mn |
| 10 | Strategy | 31.26 Bn | 29.06 Bn | 83.35 Mn | 333.91 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 333.91 Mn |
| Dec 31, 2025 | 277.66 Mn |
| Sep 30, 2025 | 284.38 Mn |
| Jun 30, 2025 | 275.24 Mn |
| Mar 31, 2025 | 256.47 Mn |
| Dec 31, 2024 | 192.55 Mn |
| Sep 30, 2024 | 197.27 Mn |
| Jun 30, 2024 | 178.61 Mn |
| Mar 31, 2024 | 171.94 Mn |
| Dec 31, 2023 | 136.71 Mn |
| Sep 30, 2023 | 142.21 Mn |
| Jun 30, 2023 | 132.47 Mn |
| Mar 31, 2023 | 118.34 Mn |
| Dec 31, 2022 | 113.21 Mn |
| Sep 30, 2022 | 113.08 Mn |
| Jun 30, 2022 | 113.00 Mn |
| Mar 31, 2022 | 112.89 Mn |
| Dec 31, 2021 | 100.20 Mn |
| Sep 30, 2021 | 99.99 Mn |
| Jun 30, 2021 | 97.46 Mn |