Strategy Inc
MSTR Technology Software Application
Strategy Inc’s revenue for fiscal 2025 (year ended December 2025) was $477.2 million, up 2.97% from fiscal 2024.
- Revenue
- −2.54%
- EPS
- +413.8%
- Free cash flow
- +96.1%
- Total debt
- −17.8%
Quarter to September 2026, against a year earlier
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Strategy Inc (MSTR) EBITDA
Strategy Inc's EBITDA for fiscal 2025 was −$5.4B, compared with −$1.8B in fiscal 2024. Over the twelve months to 30 September 2026 it was −$19.3B. Over the past ten years it has ranged from −$5.4B (fiscal 2025) to $155.2M (fiscal 2015) — the current reading is the lowest in ten years. Strategy Inc ranks 206th of 206 Software Application companies by EBITDA.
EBITDA, annual
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Annual newest first
| Period | EBITDA | Change |
|---|---|---|
| FY2025 | −$5.4B | — |
| FY2024 | −$1.8B | — |
| FY2023 | −$91.7M | — |
| FY2022 | −$1.3B | — |
| FY2021 | −$766.0M | — |
| FY2020 | $1.3M | (83.54%) |
| FY2019 | $7.6M | (1.17%) |
| FY2018 | $7.7M | (91.34%) |
| FY2017 | $88.8M | (31.44%) |
| FY2016 | $129.5M | (16.61%) |
Quarterly newest first
| Period | EBITDA | Change |
|---|---|---|
| Sep 2026 | $20.9B | — |
| Jun 2026 | −$8.3B | — |
| Mar 2026 | −$14.5B | — |
| Dec 2025 | −$17.4B | — |
| 43 more quarters | Free account |
Against its own ten years
EBITDA against peers
| Company | EBITDA |
|---|---|
| INTU Intuit Inc. compare | $6.7B |
| ROP Roper Technologies, Inc. compare | $3.3B |
| PAYX Paychex, Inc. compare | $3.3B |
| ADSK Autodesk, Inc. compare | $2.9B |
| CDNS Cadence Design Systems, Inc. compare | $2.2B |
| WDAY Workday, Inc. compare | $1.8B |
| TEAM Atlassian Corporation PLC compare | $151.0M |
| DDOG Datadog, Inc. compare | $120.4M |
| MSTR Strategy Inc | −$19.3B |
What EBITDA is
EBITDA shows what a company earns from its operations before interest, taxes and the non-cash charges for depreciation and amortization.
Reported line item
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- Revenue
- Net income
- EPS (diluted)
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
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