Strategy (MSTR) Total Liabilities (2010 - 2026)
Strategy (MSTR) recorded Total Liabilities of $8.65 billion in Q3 2026, down 59.3% from $21.29 billion a year earlier and down 60.1% from the prior quarter.
Analysis
Strategy (MSTR) Total Liabilities (2010 - 2026) Analysis & Trends
At the end of FY2025, Strategy reported Total Liabilities of $17.52 billion.
- Annual Total Liabilities has a five-year compound annual growth rate of 76.6% (FY2020 to FY2025).
- Across earlier years, Total Liabilities came in at -$5.13 billion in FY2024, $2.6 billion in FY2023 (-7.0%), $2.79 billion in FY2022 (+8.3%) and $2.58 billion in FY2021 (+152.9%).
- The Q3 2026 figure is the lowest quarterly Total Liabilities since Q4 2024.
- On a year-over-year basis, Total Liabilities rose in five of the last six quarters, with growth averaging 148.1%.
- Peak year-over-year performance for Total Liabilities in the last five years was growth of 365.8% in Q3 2025, against a decline of 59.3% in Q3 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at $21.68 billion (Q2 2026), $17.62 billion (Q1 2026) and $17.52 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Liabilities (Qtr) |
|---|---|---|---|---|---|
| 1 | Palantir Technologies | 404.43 Bn | 369.25 Bn | 1.93 Bn | 2.07 Bn |
| 2 | Oracle | 355.53 Bn | 227.67 Bn | - | 236.06 Bn |
| 3 | Sap Se | 273.98 Bn | 227.60 Bn | - | 29.71 Bn |
| 4 | Salesforce | 174.33 Bn | 130.20 Bn | 8.70 Bn | 71.24 Bn |
| 5 | Automatic Data Processing | 117.87 Bn | 104.66 Bn | 2.53 Bn | 58.36 Bn |
| 6 | ServiceNow | 104.89 Bn | 84.15 Bn | 2.90 Bn | 18.73 Bn |
| 7 | Intuit | 93.22 Bn | 72.57 Bn | 3.44 Bn | 17.79 Bn |
| 8 | Relx | 72.75 Bn | 71.83 Bn | - | 16.65 Bn |
| 9 | Strategy | 49.49 Bn | 36.63 Bn | 89.63 Mn | 21.71 Bn |
| 10 | Thomson Reuters | 47.89 Bn | 43.52 Bn | - | 6.95 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 21.71 Bn |
| Jun 30, 2026 | 21.68 Bn |
| Mar 31, 2026 | 17.62 Bn |
| Dec 31, 2025 | 17.52 Bn |
| Sep 30, 2025 | 21.29 Bn |
| Jun 30, 2025 | 17.30 Bn |
| Mar 31, 2025 | 11.70 Bn |
| Dec 31, 2024 | -5.13 Bn |
| Sep 30, 2024 | 4.57 Bn |
| Jun 30, 2024 | 4.22 Bn |
| Mar 31, 2024 | 3.95 Bn |
| Dec 31, 2023 | 2.60 Bn |
| Sep 30, 2023 | 2.53 Bn |
| Jun 30, 2023 | 2.54 Bn |
| Mar 31, 2023 | 2.58 Bn |
| Dec 31, 2022 | 2.79 Bn |
| Sep 30, 2022 | 2.75 Bn |
| Jun 30, 2022 | 2.76 Bn |
| Mar 31, 2022 | 2.78 Bn |
| Dec 31, 2021 | 2.58 Bn |
API Access
Strategy Total Liabilities API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=total-liabilities&ticker=MSTR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-liabilities", "ticker": "MSTR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=total-liabilities&ticker=MSTR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();