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Strategy Inc (MSTR) operating KPIs

MSTRNasdaqFinance ServicesFiscal year ends December 31Also trades as STRC, STRD, STRF, STRK
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 3, 2026Score 3/30
$130.51−11.11 (-7.84%)

Close on Oct 30, 2026Market cap $46.01BP/E –Yield –

Strategy non-GAAP operating expenses (Legacy disclosure through Q2 2025) ($M)

Q2 2024 – Q2 2025 Earnings Presentations (Non-GAAP Reconciliations)

Latest, Q2 2025
79.7
Period ended Jun 30, 2025
Change on a year earlier
-69.6%
262 in Q2 2024
History
12 quarters
Since Q3 2022
Sources
3
Documents cited below

Quarterly history

Hover a value to see the sentence it was read from; calculated values show their formula

PeriodEndedNon-GAAP operating expenses (Legacy disclosure through Q2 2025) ($M)Year on yearSource
Q2 2025Jun 30, 202579.7-69.6%Strategy Inc — Q2 2025 Earnings Presentation (2025-07-31) ↗
Q1 2025Mar 31, 202581.6-70.1%Strategy Inc — Q2 2025 Earnings Presentation (2025-07-31) ↗
Q4 2024Dec 31, 20241,085+800.6%Strategy Inc — Q2 2025 Earnings Presentation (2025-07-31) ↗
Q3 2024Sep 30, 2024497+341.3%Strategy Inc — Q2 2025 Earnings Presentation (2025-07-31) ↗
Q2 2024Jun 30, 2024262+148.0%Strategy Inc — Q2 2025 Earnings Presentation (2025-07-31) ↗
Q1 2024Mar 31, 2024273+178.6%Strategy Inc — Q2 2025 Earnings Presentation (2025-07-31) ↗
Q4 2023Dec 31, 2023121-57.5%Strategy Inc — Q2 2025 Earnings Presentation (2025-07-31) ↗
Q3 2023Sep 30, 2023113+44.0%Strategy Inc — Q2 2025 Earnings Presentation (2025-07-31) ↗
Q2 2023Jun 30, 2023106–Strategy Inc — Q2 2025 Earnings Presentation (2025-07-31) ↗
Q1 2023Mar 31, 202397.8–Strategy Inc — Q1 2025 Earnings Presentation (2025-05-01) ↗
Q4 2022Dec 31, 2022284–Strategy Inc — Q3 2024 Earnings Presentation (2024-10-30) ↗
Q3 2022Sep 30, 202278.1–Strategy Inc — Q3 2024 Earnings Presentation (2024-10-30) ↗

Cite this data

StockData. (2026). Strategy Non-GAAP operating expenses (Legacy disclosure through Q2 2025) ($M), quarterly Q3 2022–Q2 2025 [Data set]. Compiled from Strategy SEC filings and investor materials. https://stockdatahq.com/stocks/mstr/kpis/sw-nongaap-opex-legacy

See every metric in the Strategy KPI table. Data updated Oct 29, 2026.