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) Operating margin

Alert me on Operating margin

Strategy Inc's operating margin over the twelve months to 30 September 2026 was −3,905.9%, down 2765.1 percentage points from fiscal 2025 (−1,140.8%). Over the past ten years it has ranged from −1,140.8% (fiscal 2025) to 25.3% (fiscal 2015) — the current reading is the lowest in ten years. That is below the Software Application industry median of 0.00% and below the Technology sector median of 0.02%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 −1,140.8% (741.00)
FY2024 −399.8% (376.64)
FY2023 −23.2% 232.34
FY2022 −255.5% (101.92)
FY2021 −153.6% (150.77)
FY2020 −2.83% (2.62)
FY2019 −0.21% (1.01)
FY2018 0.80% (13.73)
FY2017 14.5% (6.79)
FY2016 21.3% (3.97)

Quarterly newest first

Period Operating margin Change (points)
Sep 2026 16,670.9% 23,478.99
Jun 2026 −6,808.1% 4,833.42
Mar 2026 −11,641.5% 2,543.43
Dec 2025 −14,185.0% (17,208.36)
43 more quarters

Against its own ten years

Low −1,140.8% High 25.3%
Ten-year median −2.83%
Current reading's percentile 5

Operating margin against peers

Company Operating margin
PAYX Paychex, Inc. compare 39.2%
CDNS Cadence Design Systems, Inc. compare 28.9%
ROP Roper Technologies, Inc. compare 28.1%
INTU Intuit Inc. compare 27.4%
ADSK Autodesk, Inc. compare 26.2%
WDAY Workday, Inc. compare 10.7%
DDOG Datadog, Inc. compare 2.26%
TEAM Atlassian Corporation PLC compare 0.16%
MSTR Strategy Inc −3,905.9%
Software Application industry median 0.00%
Technology sector median 0.02%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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