Balance Sheet
Cash Flow Statement
Amortization of Deferred ChargesAmortizatization of IntangiblesAsset Writedowns and ImpairmentCapital ExpendituresCash from Financing ActivitiesCash from Investing ActivitiesCash from OperationsChange in Accured ExpensesChange in CashChange in IntangiblesChange in ReceivablesDeferred TaxesDepreciation & Amortization (CF)Dividends Paid - CommonExchange Rate EffectFree Cash FlowGains from Investment SecuritiesGains from Sales and DivestituresLong-Term Debt RepaymentsNet Cash FlowNet IncomeNon-cash ItemsOther Working Capital ChangesOther financing activitiesShare-based Compensation
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Income Statement
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Ratios

Strategy (STRF) Change in Intangibles (2020 - 2025)

Strategy's Change in Intangibles history spans 7 years, with the latest figure at $5.0 billion for Q3 2025.

  • For Q3 2025, Change in Intangibles rose 214.4% year-over-year to $5.0 billion; the TTM value through Sep 2025 reached $37.4 billion, up 1027.85%, while the annual FY2024 figure was $22.1 billion, N/A changed from the prior year.
  • Change in Intangibles for Q3 2025 was $5.0 billion at Strategy, down from $6.8 billion in the prior quarter.
  • Across five years, Change in Intangibles topped out at $18.1 billion in Q4 2024 and bottomed at -$688.0 million in Q4 2023.
  • The 5-year median for Change in Intangibles is $529.2 million (2021), against an average of $2.3 billion.
  • The largest YoY upside for Change in Intangibles was 3370.03% in 2023 against a maximum downside of 213.19% in 2023.
  • A 5-year view of Change in Intangibles shows it stood at $591.1 million in 2021, then plummeted by 137.16% to -$219.7 million in 2022, then tumbled by 213.19% to -$688.0 million in 2023, then skyrocketed by 2725.82% to $18.1 billion in 2024, then plummeted by 72.59% to $5.0 billion in 2025.
  • Per Business Quant, the three most recent readings for STRF's Change in Intangibles are $5.0 billion (Q3 2025), $6.8 billion (Q2 2025), and $7.7 billion (Q1 2025).