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

130.42 12.12 −8.50%
Market cap
$54.6B
P/E
0.0×
Fwd P/E
−8.0×
Dividend yield
—
F-score
3/9
Altman Z
1.35
Beneish M
−2.47
Dividend safety
n/a

Strategy Inc (MSTR) EBITDA

Alert me on 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

Against its own ten years

Low −$5.4B High $155.2M
Ten-year median $1.3M
Current reading's percentile 9

EBITDA against peers

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

The full definition of EBITDA →

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