Strategy (STRC) Intangibles (2010 - 2025)
Strategy's (STRC) quarterly Intangibles came in at $73.2 billion in Q3 2025, up 968.56% year-on-year from $6.9 billion in Q3 2024, and up 13.74% quarter-over-quarter from $64.4 billion in Q2 2025.
Strategy (STRC) Intangibles (2010 - 2025) Analysis & Trends
Strategy has disclosed Intangibles across 15 years of filings, most recently posting $73.2 billion for Q3 2025.
- Intangibles for Q3 2025 came in at $73.2 billion, up 968.56% year-over-year; the trailing twelve-month figure through Sep 2025 was $73.2 billion (up 968.56% YoY), and the FY2024 annual result was $23.9 billion, up 559.3% from the prior year.
- Intangibles came in at $73.2 billion for Q3 2025 at Strategy, up from $64.4 billion in the prior quarter.
- In the past five years, Intangibles ranged from a high of $73.2 billion in Q3 2025 to a low of $1.8 billion in Q4 2022.
- The 5-year median for Intangibles is $2.9 billion (2021), against an average of $13.2 billion.
- Across the five-year window, Intangibles sank 35.44% in 2022 and jumped 1031.58% in 2025, its largest moves.
- Strategy's Intangibles stood at $2.9 billion in 2021, then sank by 35.44% to $1.8 billion in 2022, then soared by 97.09% to $3.6 billion in 2023, then jumped by 559.3% to $23.9 billion in 2024, then surged by 206.18% to $73.2 billion in 2025.
- The last three Intangibles figures came in at $73.2 billion (Q3 2025), $64.4 billion (Q2 2025), and $43.5 billion (Q1 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 262.33 Bn | 244.36 Bn | 8.16 Bn | 2.67 Bn |
| 2 | Full Truck Alliance | 173.49 Bn | 170.93 Bn | - | 106.23 Mn |
| 3 | Salesforce | 158.80 Bn | 146.96 Bn | 8.56 Bn | 6.65 Bn |
| 4 | Shopify | 144.36 Bn | 138.62 Bn | 1.55 Bn | 28.00 Mn |
| 5 | Uber Technologies | 144.25 Bn | 143.21 Bn | 11.88 Bn | 990.00 Mn |
| 6 | ServiceNow | 118.74 Bn | 113.56 Bn | 2.83 Bn | 1.48 Bn |
| 7 | Cadence Design Systems | 107.33 Bn | 105.92 Bn | 1.26 Bn | 1.93 Bn |
| 8 | Adobe | 100.50 Bn | 93.61 Bn | 5.73 Bn | 454.00 Mn |
| 9 | Automatic Data Processing | 92.49 Bn | 89.26 Bn | 2.87 Bn | 1.64 Bn |
| 10 | Strategy | - | - | 83.35 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2025 | 73.21 Bn |
| Jun 30, 2025 | 64.36 Bn |
| Mar 31, 2025 | 43.55 Bn |
| Dec 31, 2024 | 23.91 Bn |
| Sep 30, 2024 | 6.85 Bn |
| Jun 30, 2024 | 5.69 Bn |
| Mar 31, 2024 | 5.07 Bn |
| Dec 31, 2023 | 3.63 Bn |
| Sep 30, 2023 | 2.45 Bn |
| Jun 30, 2023 | 2.32 Bn |
| Mar 31, 2023 | 2.00 Bn |
| Dec 31, 2022 | 1.84 Bn |
| Sep 30, 2022 | 1.99 Bn |
| Jun 30, 2022 | 1.99 Bn |
| Mar 31, 2022 | 2.90 Bn |
| Dec 31, 2021 | 2.85 Bn |
| Sep 30, 2021 | 2.41 Bn |
| Jun 30, 2021 | 2.05 Bn |
| Mar 31, 2021 | 1.95 Bn |
| Dec 31, 2020 | 1.05 Bn |