Strategy (MSTR) Shares Outstanding (2010 - 2026)
Strategy's (MSTR) quarterly Shares Outstanding (Entity) came in at $352.0 million in Q2 2026, up 34.69% year-over-year from $261.3 million in Q2 2025, and up 7.87% quarter-over-quarter from $326.3 million in Q1 2026.
Analysis
Strategy (MSTR) Shares Outstanding (2010 - 2026) Analysis & Trends
Strategy has disclosed Shares Outstanding (Entity) across 17 years of filings, most recently posting $352.0 million for Q2 2026.
- In Q2 2026, Shares Outstanding (Entity) rose 34.69% year-over-year to $352.0 million; the TTM figure through Jun 2026 stood at $352.0 million (up 34.69% YoY), while the FY2025 annual figure was $292.4 million, up 29.31% from the prior year.
- Shares Outstanding (Entity) came in at $352.0 million for Q2 2026 at Strategy, up from $326.3 million in the prior quarter.
- In the past five years, Shares Outstanding (Entity) ranged from a high of $352.0 million in Q2 2026 to a low of $113.0 million in Q2 2022.
- Average Shares Outstanding (Entity) over 5 years is $216.4 million, with a median of $208.2 million recorded in 2022.
- Year-over-year, Shares Outstanding (Entity) slumped 38.69% in 2022 and surged 101.48% in 2023.
- Over 5 years, Shares Outstanding (Entity) stood at $113.2 million in 2022, then jumped by 49.0% to $168.7 million in 2023, then surged by 34.06% to $226.1 million in 2024, then grew by 29.31% to $292.4 million in 2025, then advanced by 20.36% to $352.0 million in 2026.
- Per Business Quant data, the three most recent Shares Outstanding (Entity) figures were $352.0 million in Q2 2026, $326.3 million in Q1 2026, and $292.4 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | Palantir Technologies | 418.90 Bn | 409.60 Bn | 1.64 Bn | 2.40 Bn |
| 2 | Relx | 64.63 Bn | 64.32 Bn | - | 1.83 Bn |
| 3 | Strategy | 50.26 Bn | 47.81 Bn | 81.55 Mn | 352.53 Mn |
| 4 | Fair Isaac | 20.13 Bn | 19.88 Bn | 587.17 Mn | 22.67 Mn |
| 5 | NIQ Global Intelligence | 5.43 Bn | 5.25 Bn | 624.20 Mn | 295.06 Mn |
| 6 | Amplitude | 3.25 Bn | 3.07 Bn | 69.10 Mn | 129.38 Mn |
| 7 | Similarweb | 768.75 Mn | 694.84 Mn | 62.31 Mn | 84.82 Mn |
| 8 | Realloys | 694.70 Mn | 694.70 Mn | 475,000.00 | 62.14 Mn |
| 9 | Cognyte Software | 618.97 Mn | 533.72 Mn | 76.27 Mn | 72.91 Mn |
| 10 | Marketwise | 291.78 Mn | 25.05 Mn | 64.70 Mn | 2.64 Mn |
Historic Data
Download Data
Historic 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 |