Strategy (STRK) Cost of Revenue (2010 - 2026)
Strategy's (STRK) quarterly Cost of Revenue came in at $40.9 million in Q1 2026, up 20.53% year-on-year from $34.0 million in Q1 2025, and up 28.66% quarter-over-quarter from $31.8 million in Q4 2025.
Strategy (STRK) Cost of Revenue (2010 - 2026) Analysis & Trends
Strategy has disclosed Cost of Revenue across 17 years of filings, most recently posting $40.9 million for Q1 2026.
- Cost of Revenue for Q1 2026 came in at $40.9 million, up 20.53% year-over-year; the trailing twelve-month figure through Mar 2026 was $138.4 million (up 6.49% YoY), and the FY2025 annual result was $123.0 million, down 5.03% from the prior year.
- Cost of Revenue came in at $40.9 million for Q1 2026 at Strategy, up from $31.8 million in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $41.4 million in Q4 2022 to a low of $572000.0 in Q4 2023.
- The 5-year median for Cost of Revenue is $34.0 million (2025), against an average of $31.2 million.
- Across the five-year window, Cost of Revenue slumped 98.62% in 2023 and soared 4506.99% in 2024, its largest moves.
- Strategy's Cost of Revenue stood at $41.4 million in 2022, then plunged by 98.62% to $572000.0 in 2023, then jumped by 4506.99% to $26.4 million in 2024, then grew by 20.77% to $31.8 million in 2025, then advanced by 28.66% to $40.9 million in 2026.
- The last three Cost of Revenue figures came in at $40.9 million (Q1 2026), $31.8 million (Q4 2025), and $29.9 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 245.77 Bn | 227.80 Bn | 8.16 Bn | 3.02 Bn |
| 2 | Full Truck Alliance | 173.38 Bn | 170.83 Bn | - | 55.33 Mn |
| 3 | Salesforce | 149.14 Bn | 137.30 Bn | 8.56 Bn | 3.77 Bn |
| 4 | Uber Technologies | 141.25 Bn | 140.21 Bn | 11.88 Bn | 1.33 Bn |
| 5 | Shopify | 141.09 Bn | 135.35 Bn | 1.55 Bn | 1.62 Bn |
| 6 | ServiceNow | 109.96 Bn | 104.78 Bn | 2.83 Bn | 940.00 Mn |
| 7 | Cadence Design Systems | 104.55 Bn | 103.15 Bn | 1.26 Bn | 211.49 Mn |
| 8 | Adobe | 95.76 Bn | 88.87 Bn | 5.73 Bn | 1.71 Bn |
| 9 | Automatic Data Processing | 93.36 Bn | 90.13 Bn | 2.87 Bn | 3.07 Bn |
| 10 | Strategy | - | - | 83.35 Mn | 40.95 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 40.95 Mn |
| Mar 31, 2026 | 40.95 Mn |
| Dec 31, 2025 | 31.83 Mn |
| Dec 31, 2025 | 31.83 Mn |
| Sep 30, 2025 | 29.91 Mn |
| Sep 30, 2025 | 29.91 Mn |
| Jun 30, 2025 | 35.75 Mn |
| Jun 30, 2025 | 35.75 Mn |
| Mar 31, 2025 | 33.97 Mn |
| Mar 31, 2025 | 33.97 Mn |
| Dec 31, 2024 | 26.35 Mn |
| Dec 31, 2024 | 26.35 Mn |
| Sep 30, 2024 | 35.41 Mn |
| Sep 30, 2024 | 35.41 Mn |
| Jun 30, 2024 | 34.25 Mn |
| Jun 30, 2024 | 34.25 Mn |
| Mar 31, 2024 | 33.45 Mn |
| Mar 31, 2024 | 33.45 Mn |
| Dec 31, 2023 | 572,000.00 |
| Dec 31, 2023 | 572,000.00 |