Strategy (STRC) Change in Intangibles (2011 - 2025)

Strategy has disclosed Change in Intangibles across 7 years of filings, most recently posting $5.0 billion for Q3 2025.

• Change in Intangibles for Q3 2025 came in at $5.0 billion, up 214.4% year-over-year; the trailing twelve-month figure through Sep 2025 was $15.4 billion (up 194.39% YoY), and the FY2023 annual result was $1.9 billion, up 15997.99% from the prior year.
• Change in Intangibles came in at $5.0 billion for Q3 2025 at Strategy, down from $6.8 billion in the prior quarter.
• In the past five years, Change in Intangibles ranged from a high of $7.7 billion in Q1 2025 to a low of -$4.0 billion in Q4 2024.
• The 5-year median for Change in Intangibles is $419.9 million (2021), against an average of $1.1 billion.
• Across the five-year window, Change in Intangibles soared 3370.03% in 2023 and slumped 430.07% in 2024, its largest moves.
• Strategy's Change in Intangibles stood at -$2.0 billion in 2021, then jumped by 89.21% to -$219.7 million in 2022, then soared by 652.82% to $1.2 billion in 2023, then plunged by 430.07% to -$4.0 billion in 2024, then jumped by 223.55% to $5.0 billion in 2025.
• The last three Change in Intangibles figures came in at $5.0 billion (Q3 2025), $6.8 billion (Q2 2025), and $7.7 billion (Q1 2025), per Business Quant data.