Strategy (STRD) FCF Margin (2010 - 2026)
Strategy's (STRD) quarterly FCF Margin came in at 10.49% in Q1 2026, up 1510.0% year-on-year from 0.65% in Q1 2025, and up 158.07% quarter-over-quarter from 18.06% in Q4 2025.
Strategy (STRD) FCF Margin (2010 - 2026) Analysis & Trends
Strategy has disclosed FCF Margin across 17 years of filings, most recently posting 10.49% for Q1 2026.
- FCF Margin for Q1 2026 came in at 10.49%, up 1510.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 11.68% (up 752.0% YoY), and the FY2025 annual result was 15.81%, down 373.0% from the prior year.
- FCF Margin came in at 10.49% for Q1 2026 at Strategy, up from 18.06% in the prior quarter.
- In the past five years, FCF Margin ranged from a high of 36.08% in Q1 2022 to a low of 35.66% in Q3 2024.
- The 5-year median for FCF Margin is 8.63% (2025), against an average of 5.33%.
- Across the five-year window, FCF Margin plunged 2882 bps in 2024 and soared 2703 bps in 2025, its largest moves.
- Strategy's FCF Margin stood at 14.21% in 2022, then soared by 105 bps to 0.67% in 2023, then plunged by 2270 bps to 14.59% in 2024, then retreated by 24 bps to 18.06% in 2025, then surged by 158 bps to 10.49% in 2026.
- The last three FCF Margin figures came in at 10.49% (Q1 2026), 18.06% (Q4 2025), and 8.63% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 262.33 Bn | 244.36 Bn | 8.16 Bn | 36.77% |
| 2 | Full Truck Alliance | 173.49 Bn | 170.93 Bn | - | - |
| 3 | Salesforce | 158.80 Bn | 146.96 Bn | 8.56 Bn | 58.89% |
| 4 | Shopify | 144.36 Bn | 138.62 Bn | 1.55 Bn | 15.02% |
| 5 | Uber Technologies | 144.25 Bn | 143.21 Bn | 11.88 Bn | 17.31% |
| 6 | ServiceNow | 118.74 Bn | 113.56 Bn | 2.83 Bn | 41.64% |
| 7 | Cadence Design Systems | 107.33 Bn | 105.92 Bn | 1.26 Bn | 20.82% |
| 8 | Adobe | 100.50 Bn | 93.61 Bn | 5.73 Bn | 45.65% |
| 9 | Automatic Data Processing | 92.49 Bn | 89.26 Bn | 2.87 Bn | 36.83% |
| 10 | Strategy | - | - | 83.35 Mn | 10.49% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 10.49% |
| Dec 31, 2025 | -18.06% |
| Sep 30, 2025 | -8.63% |
| Jun 30, 2025 | -32.32% |
| Mar 31, 2025 | -4.62% |
| Dec 31, 2024 | -14.59% |
| Sep 30, 2024 | -35.66% |
| Jun 30, 2024 | -21.58% |
| Mar 31, 2024 | 23.46% |
| Dec 31, 2023 | 0.67% |
| Sep 30, 2023 | -6.84% |
| Jun 30, 2023 | -15.87% |
| Mar 31, 2023 | 30.27% |
| Dec 31, 2022 | -14.21% |
| Sep 30, 2022 | -1.42% |
| Jun 30, 2022 | -17.77% |
| Mar 31, 2022 | 36.08% |
| Dec 31, 2021 | 1.80% |
| Sep 30, 2021 | 10.45% |
| Jun 30, 2021 | 10.43% |