Strategy (MSTR) Shares Outstanding (2010 - 2026)
Strategy (MSTR) posted Shares Outstanding (Entity) of $326.3 million for Q1 2026, up 11.58% sequentially from $292.4 million in Q4 2025, and up 32.35% YoY from $246.5 million in Q1 2025.
Strategy (MSTR) Shares Outstanding (2010 - 2026) Analysis & Trends
Strategy has reported Shares Outstanding (Entity) for 17 years, with the latest figure at $326.3 million in Q1 2026.
- Quarterly Shares Outstanding (Entity) rose 32.35% year-over-year to $326.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $326.3 million (up 32.35% YoY) and the FY2025 annual result came in at $292.4 million, up 29.31% from the prior year.
- Shares Outstanding (Entity) advanced to $326.3 million in Q1 2026 per MSTR's latest filing, from $292.4 million in the prior quarter.
- Over five years, Shares Outstanding (Entity) peaked at $326.3 million in Q1 2026 and troughed at $112.9 million in Q1 2022.
- A 5-year average of $185.0 million and a median of $171.9 million in 2024 frame the typical range for Shares Outstanding (Entity).
- The sharpest annual moves came in 2023 and 2024: Shares Outstanding (Entity) advanced 4.83% in 2023, then soared 65.41% in 2024.
- Over 5 years, Shares Outstanding (Entity) stood at $113.2 million in 2022, then rose by 20.76% to $136.7 million in 2023, then jumped by 65.41% to $226.1 million in 2024, then rose by 29.31% to $292.4 million in 2025, then climbed by 11.58% to $326.3 million in 2026.
- According to Business Quant data, Shares Outstanding (Entity) over the past three periods registered $326.3 million, $292.4 million, and $267.5 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | 1.17 Bn |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 1.30 Bn |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 868.00 Mn |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 2.04 Bn |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 1.03 Bn |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | 345.39 Mn |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 402.30 Mn |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 402.40 Mn |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 276.00 Mn |
| 10 | Strategy | 32.75 Bn | 30.30 Bn | 81.55 Mn | 352.53 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 352.53 Mn |
| 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 |