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
DateValue
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