Strategy Inc (MSTR) stock
Close on Nov 11, 2026Market cap $47.01BP/E –Yield –
Strategy Inc grew revenue 4.2% to $495.08M over the twelve months to Sep 30, 2026. Operating income fell 276.0% to -$19.34B, moving the operating margin from 2312.9% to -3905.9%. Free cash flow was -$11.13M. At the latest close the market valued the company at $47.01B.
Key statistics
Valuation at the latest close; fundamentals over the trailing twelve months, balances at Sep 30, 2026
Valuation
- Market cap
- $47.01B
- P/E ratio
- –
- Price to sales
- 94.95
- Price to book
- 0.85
- Dividend yield
- –
- Free cash flow yield
- -0.02%
Fundamentals
- Revenue
- $495.08M
- Net income
- -$13.67B
- EPS, diluted
- -$15.23
- Free cash flow
- -$11.13M
- Book value per share
- $129.52
- Diluted shares
- 428M
Trading
- Next earnings
- Feb 4, 2027 (estimated, after the close)
- Previous close
- $121.07
- Open
- $120.54
- Day's range
- $120.21 – $124.14
- Volume
- 14,196,190
- Average volume (20 days)
- 18,055,283
- Index membership
- Nasdaq-100 (since Feb 2025), Russell 1000 (since Sep 2024), Russell 3000
- Beta (5 years)
- 2.15
- 52-week range
- $81.81 – $239.24
- RSI (14 days)
- 38.2
- Volatility (1 year)
- 82.1%
- Relative volume
- 0.69×
- WACC
- 14.3%
Index membership is inferred from the holdings of funds that track each index (QQQ, IWB, IWV), as reported to the SEC for Jun 30, 2026. Join dates come from quarterly fund reports since 2019, so they are accurate to the quarter.
Market cap history
Month-end market cap since 2010, using shares outstanding reported at the time
Total return vs. the S&P 500
Price change plus reinvested dividends, to the close on Nov 11, 2026. The S&P 500 is measured by the SPY fund.
| Period | MSTR | S&P 500 | Difference | MSTR per year | S&P 500 per year |
|---|---|---|---|---|---|
| 1 month | -20.7% | -2.4% | −18.3 pts | ||
| 3 months | +27.3% | -1.2% | +28.5 pts | ||
| Year to date | -19.5% | +12.3% | −31.8 pts | ||
| 1 year | -47.1% | +12.4% | −59.6 pts | ||
| 3 years | +140.3% | +78.8% | +61.5 pts | +33.9% | +21.4% |
| 5 years | +49.5% | +75.2% | −25.7 pts | +8.4% | +11.9% |
| 10 years | +521.9% | +311.1% | +210.8 pts | +20.1% | +15.2% |
Fifteen years at a glance
Fiscal years 2011 to 2025 and trailing twelve months, USD
Revenue
Gross profit
Operating income
Net income
EPS, diluted
Free cash flow
Press releases
Releases Strategy filed with the SEC as exhibits to Form 8-K or 6-K
- Results
- Update
- Results
- Update
- Results
- Results
About Strategy
Finance Services
Strategy Inc operates as a bitcoin treasury enterprise alongside an enterprise analytics software business. The company actively manages capital to accumulate bitcoin and engineers specialized fixed-income securities and preferred equity instruments that offer investors differentiated economic exposure to bitcoin. Simultaneously, it develops and delivers artificial intelligence-powered enterprise analytics software designed to advance intelligent data capabilities across modern organizations. Its primary offerings serve institutional and retail investors seeking yield, duration flexibility, or bitcoin-linked economic participation, as well as business clients requiring analytics software solutions.
Company profile, executives and historyStrategy stock: common questions
What is Strategy's stock price?
MSTR closed at $122.35 on Nov 11, 2026, up 1.06% on the day. Over the past 52 weeks it traded between $81.81 and $239.24.
What is Strategy's market cap?
Strategy was worth $47.01B at the close on Nov 11, 2026: the share price times the diluted shares outstanding.
What is MSTR's P/E ratio?
Strategy lost money over fiscal 2025 (diluted EPS -$15.23), so it has no meaningful P/E ratio.
How much revenue does Strategy make?
Strategy reported revenue of $495.08M for the twelve months to Sep 30, 2026, up 4.2% from a year earlier.
Does Strategy pay a dividend?
No. Strategy has not paid a cash dividend over the last twelve months.
When does Strategy report earnings next?
Strategy is expected to report Q4 FY2026 results on Feb 4, 2027, after the close. The date is estimated from its past reporting pattern until the company confirms it.
How has MSTR stock performed over the past year?
Including dividends, MSTR returned -47.1% over the past year, against +12.4% for the S&P 500.
Who are Strategy's competitors?
Companies most similar to Strategy by business, industry and size include MARA, BTDR, IREN, RIOT, FUFU.
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