Growth Metrics

Strategy (STRF) Operating Expenses (2016 - 2026)

Strategy has reported Operating Expenses over the past 17 years, most recently at $14.6 billion for Q1 2026.

  • Quarterly results put Operating Expenses at $14.6 billion for Q1 2026, up 142.62% from a year ago — trailing twelve months through Mar 2026 was $14.3 billion (up 81.44% YoY), and the annual figure for FY2025 was $5.8 billion, up 163.94%.
  • Operating Expenses reached $14.6 billion in Q1 2026 per STRF's latest filing, down from $17.5 billion in the prior quarter.
  • Across five years, Operating Expenses topped out at $17.5 billion in Q4 2025 and bottomed at -$14.0 billion in Q2 2025.
  • Median Operating Expenses over the past 5 years was $280.8 million (2024), compared with a mean of $1.5 billion.
  • Peak annual rise in Operating Expenses hit 1976.09% in 2025, while the deepest fall reached 5069.44% in 2025.
  • Over 5 years, Operating Expenses stood at $299.5 million in 2022, then tumbled by 53.58% to $139.0 million in 2023, then soared by 693.21% to $1.1 billion in 2024, then surged by 1489.11% to $17.5 billion in 2025, then fell by 16.96% to $14.6 billion in 2026.
  • Business Quant data shows Operating Expenses for STRF at $14.6 billion in Q1 2026, $17.5 billion in Q4 2025, and -$3.8 billion in Q3 2025.