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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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Strategy (STRF) Operating Expenses (2016 - 2025)

Strategy's Operating Expenses history spans 16 years, with the latest figure at $17.5 billion for Q4 2025.

  • For Q4 2025, Operating Expenses rose 1489.11% year-over-year to $17.5 billion; the TTM value through Dec 2025 reached $5.8 billion, up 163.94%, while the annual FY2025 figure was $5.8 billion, 163.94% up from the prior year.
  • Operating Expenses for Q4 2025 was $17.5 billion at Strategy, up from -$3.8 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.
  • The 5-year median for Operating Expenses is $272.2 million (2022), against an average of $566.8 million.
  • The largest YoY upside for Operating Expenses was 1976.09% in 2025 against a maximum downside of 5069.44% in 2025.
  • A 5-year view of Operating Expenses shows it stood at $248.0 million in 2021, then rose by 20.8% to $299.5 million in 2022, then crashed by 53.58% to $139.0 million in 2023, then skyrocketed by 693.21% to $1.1 billion in 2024, then soared by 1489.11% to $17.5 billion in 2025.
  • Per Business Quant, the three most recent readings for STRF's Operating Expenses are $17.5 billion (Q4 2025), -$3.8 billion (Q3 2025), and -$14.0 billion (Q2 2025).