Strategy (STRD) Gross Margin (2010 - 2026)

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.