Strategy (STRD) Research & Development (2010 - 2026)

Strategy's (STRD) 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 (STRD) 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
DateValue
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