Balance Sheet
Cash Flow Statement
Growth Metrics
Income Statement
Consolidated Net IncomeCost of RevenueEBITEBITDAEBTEPS (Basic)EPS (Weighted Average and Diluted)Gross ProfitIncome from Continuing OperationsIncome towards Parent CompanyInterest & Investment IncomeNet Income towards Common StockholdersNon Operating IncomeOperating ExpensesOperating IncomeOther Non Operating IncomeOther Operating ExpensesPreferred Dividend PaymentsProfit After TaxResearch & DevelopmentRevenueSelling, General & AdministrativeShares Outstanding (Diluted Average)Shares Outstanding (Weighted Average)Tax ProvisionsTax Rate
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Ratios

Strategy (STRF) Cost of Revenue (2016 - 2025)

Strategy's Cost of Revenue history spans 16 years, with the latest figure at $41.7 million for Q4 2025.

  • For Q4 2025, Cost of Revenue rose 58.18% year-over-year to $41.7 million; the TTM value through Dec 2025 reached $149.4 million, up 19.57%, while the annual FY2025 figure was $149.4 million, 15.41% up from the prior year.
  • Cost of Revenue for Q4 2025 was $41.7 million at Strategy, up from $38.0 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $67.9 million in Q4 2023 and bottomed at $8.1 million in Q4 2021.
  • The 5-year median for Cost of Revenue is $32.1 million (2024), against an average of $32.4 million.
  • The largest annual shift saw Cost of Revenue tumbled 89.68% in 2021 before it skyrocketed 229.38% in 2022.
  • A 5-year view of Cost of Revenue shows it stood at $8.1 million in 2021, then surged by 229.38% to $26.7 million in 2022, then surged by 154.27% to $67.9 million in 2023, then crashed by 61.22% to $26.4 million in 2024, then soared by 58.18% to $41.7 million in 2025.
  • Per Business Quant, the three most recent readings for STRF's Cost of Revenue are $41.7 million (Q4 2025), $38.0 million (Q3 2025), and $42.2 million (Q2 2025).