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. In the quarter to June 2026, revenue grew 6.88%, EPS fell 167.5%, free cash flow grew 6.40% and total debt fell 17.8%, each against the same quarter a year earlier. Member of the Nasdaq 100; insiders bought in the last twelve months.

130.38 11.24 −7.94%
Market cap
$59.8B
P/E
0.0×
Fwd P/E
−7.6×
Dividend yield
—
F-score
3/9
Altman Z
1.35
Beneish M
−2.47
Dividend safety
n/a

Strategy Inc (MSTR) EV/Sales

Alert me on EV/Sales

As of 30 October 2026, Strategy Inc (MSTR) trades at a EV/Sales of 101×. Over the past ten years it has ranged from 1.0× (March 2020) to 289× (July 2025); the current reading is higher than 87% of that period. That is above the Software Application industry median of 2.9× and above the Technology sector median of 2.8×.

EV/Sales, daily

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Annual newest first

Period EV/Sales Change
FY2025 101× (25.79%)
FY2024 136× 485.79%
FY2023 23.2× 191.47%
FY2022 8.0× (46.25%)
FY2021 14.8× 69.33%
FY2020 8.7× 321.16%
FY2019 2.1× 17.74%
FY2018 1.8× 6.67%
FY2017 1.7× (49.20%)
FY2016 3.3× 11.16%

Quarterly newest first

Period EV/Sales Change
Jun 2026 70.0× (27.92%)
Mar 2026 97.2× (3.54%)
Dec 2025 101× (52.03%)
Sep 2025 210× (18.66%)
42 more quarters

Against its own ten years

Low 1.0× High 289×
Ten-year median 5.5×
Current reading's percentile 86

EV/Sales against peers

Company EV/Sales
INTU Intuit Inc. compare 4.4×
WDAY Workday, Inc. compare 4.7×
ADSK Autodesk, Inc. compare 6.4×
PAYX Paychex, Inc. compare 6.6×
ROP Roper Technologies, Inc. compare 7.0×
TEAM Atlassian Corporation PLC compare 7.6×
CDNS Cadence Design Systems, Inc. compare 15.7×
DDOG Datadog, Inc. compare 20.1×
MSTR Strategy Inc 101×
Software Application industry median 2.9×
Technology sector median 2.8×
Market median 2.2×

What EV/Sales is

EV/Sales tells an investor how the value of a whole company, counting its debt and cash, compares with the sales it brings in.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ Revenue (TTM)

The full definition of EV/Sales →

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