Strategy (STRC) Gross Margin (2010 - 2026)

Strategy's (STRC) quarterly Gross Margin came in at 67.06% in Q1 2026, down 235.0% year-on-year from 49.67% in Q1 2025, and up 1.44% quarter-over-quarter from 66.11% in Q4 2025.

Strategy (STRC) Gross Margin (2010 - 2026) Analysis & Trends

Strategy has disclosed Gross Margin across 17 years of filings, most recently posting 67.06% for Q1 2026.

  • Gross Margin for Q1 2026 came in at 67.06%, down 235.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 68.11% (down 284.0% YoY), and the FY2025 annual result was 68.69%, down 337.0% from the prior year.
  • Gross Margin came in at 67.06% for Q1 2026 at Strategy, up from 66.11% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 79.84% in Q4 2022 to a low of 66.11% in Q4 2025.
  • The 5-year median for Gross Margin is 73.96% (2024), against an average of 74.05%.
  • Across the five-year window, Gross Margin slumped 900 bps in 2024 and gained 5 bps in 2025, its largest moves.
  • Strategy's Gross Margin stood at 79.84% in 2022, then dropped by 3 bps to 77.33% in 2023, then decreased by 7 bps to 71.69% in 2024, then declined by 8 bps to 66.11% in 2025, then climbed by 1 bps to 67.06% in 2026.
  • The last three Gross Margin figures came in at 67.06% (Q1 2026), 66.11% (Q4 2025), and 70.46% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Sap Se 262.33 Bn 244.36 Bn 8.16 Bn 72.98%
2 Full Truck Alliance 173.49 Bn 170.93 Bn - -
3 Salesforce 158.80 Bn 146.96 Bn 8.56 Bn 76.92%
4 Shopify 144.36 Bn 138.62 Bn 1.55 Bn 48.77%
5 Uber Technologies 144.25 Bn 143.21 Bn 11.88 Bn 89.96%
6 ServiceNow 118.74 Bn 113.56 Bn 2.83 Bn 75.07%
7 Cadence Design Systems 107.33 Bn 105.92 Bn 1.26 Bn 85.65%
8 Adobe 100.50 Bn 93.61 Bn 5.73 Bn 89.62%
9 Automatic Data Processing 92.49 Bn 89.26 Bn 2.87 Bn 48.28%
10 Strategy - - 83.35 Mn 67.06%

Historic Data

Download Data
DateValue
Mar 31, 2026 67.06%
Dec 31, 2025 66.11%
Sep 30, 2025 70.46%
Jun 30, 2025 68.77%
Mar 31, 2025 69.41%
Dec 31, 2024 71.69%
Sep 30, 2024 70.41%
Jun 30, 2024 72.24%
Mar 31, 2024 73.96%
Dec 31, 2023 77.33%
Sep 30, 2023 79.41%
Jun 30, 2023 77.47%
Mar 31, 2023 77.08%
Dec 31, 2022 79.84%
Sep 30, 2022 79.75%
Jun 30, 2022 79.35%
Mar 31, 2022 78.47%
Dec 31, 2021 82.16%
Sep 30, 2021 82.56%
Jun 30, 2021 81.62%