Strategy (STRK) FCF Margin (2010 - 2026)

Strategy's (STRK) quarterly FCF Margin came in at 10.49% in Q1 2026, up 1510.0% year-on-year from 0.65% in Q1 2025, and up 158.07% quarter-over-quarter from 18.06% in Q4 2025.

Strategy (STRK) FCF Margin (2010 - 2026) Analysis & Trends

Strategy has disclosed FCF Margin across 17 years of filings, most recently posting 10.49% for Q1 2026.

  • FCF Margin for Q1 2026 came in at 10.49%, up 1510.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 11.68% (up 752.0% YoY), and the FY2025 annual result was 15.81%, down 373.0% from the prior year.
  • FCF Margin came in at 10.49% for Q1 2026 at Strategy, up from 18.06% in the prior quarter.
  • In the past five years, FCF Margin ranged from a high of 36.08% in Q1 2022 to a low of 35.66% in Q3 2024.
  • The 5-year median for FCF Margin is 8.63% (2025), against an average of 5.33%.
  • Across the five-year window, FCF Margin plunged 2882 bps in 2024 and soared 2703 bps in 2025, its largest moves.
  • Strategy's FCF Margin stood at 14.21% in 2022, then soared by 105 bps to 0.67% in 2023, then plunged by 2270 bps to 14.59% in 2024, then retreated by 24 bps to 18.06% in 2025, then surged by 158 bps to 10.49% in 2026.
  • The last three FCF Margin figures came in at 10.49% (Q1 2026), 18.06% (Q4 2025), and 8.63% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Sap Se 257.53 Bn 239.56 Bn 8.16 Bn 36.77%
2 Full Truck Alliance 171.61 Bn 169.06 Bn - -
3 Salesforce 152.15 Bn 140.31 Bn 8.56 Bn 58.89%
4 Uber Technologies 144.45 Bn 143.41 Bn 11.88 Bn 17.31%
5 Shopify 144.09 Bn 138.34 Bn 1.55 Bn 15.02%
6 ServiceNow 110.55 Bn 105.37 Bn 2.83 Bn 41.64%
7 Cadence Design Systems 106.32 Bn 104.91 Bn 1.26 Bn 20.82%
8 Adobe 97.77 Bn 90.88 Bn 5.73 Bn 45.65%
9 Automatic Data Processing 93.39 Bn 90.16 Bn 2.87 Bn 36.83%
10 Strategy - - 83.35 Mn 10.49%

Historic Data

Download Data
DateValue
Mar 31, 2026 10.49%
Dec 31, 2025 -18.06%
Sep 30, 2025 -8.63%
Jun 30, 2025 -32.32%
Mar 31, 2025 -4.62%
Dec 31, 2024 -14.59%
Sep 30, 2024 -35.66%
Jun 30, 2024 -21.58%
Mar 31, 2024 23.46%
Dec 31, 2023 0.67%
Sep 30, 2023 -6.84%
Jun 30, 2023 -15.87%
Mar 31, 2023 30.27%
Dec 31, 2022 -14.21%
Sep 30, 2022 -1.42%
Jun 30, 2022 -17.77%
Mar 31, 2022 36.08%
Dec 31, 2021 1.80%
Sep 30, 2021 10.45%
Jun 30, 2021 10.43%