Strategy (STRC) Research & Development (2010 - 2026)
Strategy's (STRC) quarterly Research & Development came in at $24.7 million in Q1 2026, up 0.99% year-on-year from $24.4 million in Q1 2025, and up 8.35% quarter-over-quarter from $22.8 million in Q4 2025.
Strategy (STRC) Research & Development (2010 - 2026) Analysis & Trends
Strategy has disclosed Research & Development across 17 years of filings, most recently posting $24.7 million for Q1 2026.
- Research & Development for Q1 2026 came in at $24.7 million, up 0.99% year-over-year; the trailing twelve-month figure through Mar 2026 was $94.1 million (down 17.26% YoY), and the FY2025 annual result was $93.9 million, down 20.78% from the prior year.
- Research & Development came in at $24.7 million for Q1 2026 at Strategy, up from $22.8 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $33.5 million in Q1 2022 to a low of $22.6 million in Q3 2025.
- The 5-year median for Research & Development is $29.7 million (2023), against an average of $28.5 million.
- Across the five-year window, Research & Development grew 13.7% in 2022 and sank 32.13% in 2025, its largest moves.
- Strategy's Research & Development stood at $31.6 million in 2022, then declined by 4.61% to $30.2 million in 2023, then fell by 14.81% to $25.7 million in 2024, then decreased by 11.39% to $22.8 million in 2025, then advanced by 8.35% to $24.7 million in 2026.
- The last three Research & Development figures came in at $24.7 million (Q1 2026), $22.8 million (Q4 2025), and $22.6 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 262.33 Bn | 244.36 Bn | 8.16 Bn | -1.99 Bn |
| 2 | Full Truck Alliance | 173.49 Bn | 170.93 Bn | - | -37.02 Mn |
| 3 | Salesforce | 158.80 Bn | 146.96 Bn | 8.56 Bn | 1.63 Bn |
| 4 | Shopify | 144.36 Bn | 138.62 Bn | 1.55 Bn | 437.00 Mn |
| 5 | Uber Technologies | 144.25 Bn | 143.21 Bn | 11.88 Bn | 951.00 Mn |
| 6 | ServiceNow | 118.74 Bn | 113.56 Bn | 2.83 Bn | 823.00 Mn |
| 7 | Cadence Design Systems | 107.33 Bn | 105.92 Bn | 1.26 Bn | 508.44 Mn |
| 8 | Adobe | 100.50 Bn | 93.61 Bn | 5.73 Bn | 1.11 Bn |
| 9 | Automatic Data Processing | 92.49 Bn | 89.26 Bn | 2.87 Bn | 253.90 Mn |
| 10 | Strategy | - | - | 83.35 Mn | 24.67 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 24.67 Mn |
| Dec 31, 2025 | 22.76 Mn |
| Sep 30, 2025 | 22.60 Mn |
| Jun 30, 2025 | 24.07 Mn |
| Mar 31, 2025 | 24.42 Mn |
| Dec 31, 2024 | 25.69 Mn |
| Sep 30, 2024 | 33.30 Mn |
| Jun 30, 2024 | 30.31 Mn |
| Mar 31, 2024 | 29.18 Mn |
| Dec 31, 2023 | 30.16 Mn |
| Sep 30, 2023 | 29.66 Mn |
| Jun 30, 2023 | 29.35 Mn |
| Mar 31, 2023 | 31.36 Mn |
| Dec 31, 2022 | 31.62 Mn |
| Sep 30, 2022 | 30.50 Mn |
| Jun 30, 2022 | 31.79 Mn |
| Mar 31, 2022 | 33.52 Mn |
| Dec 31, 2021 | 30.88 Mn |
| Sep 30, 2021 | 28.21 Mn |
| Jun 30, 2021 | 28.55 Mn |