Strategy Inc (MSTR) stock

MSTRNasdaqFinance ServicesFiscal year ends December 31Also trades as STRC, STRD, STRF, STRK

Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 2, 2026Score 4/30

$114.41−7.94 (-6.49%)

Close on Nov 12, 2026Market cap $43.96BP/E –Yield –

Strategy statistics

84 measures from SEC filings and the closing price. Hover a name for the formula; the last column is the median of companies in the same industry group.

Important dates

Next earnings: Feb 4, 2027 (estimated, after the close)
Last ex-dividend date: No dividends
Fundamentals through: Sep 30, 2026
Share price as of: Nov 11, 2026

Valuation ratiosIndustry

Market Cap: $47.01B; $235.93M
Enterprise Value: $47.82B; $212.92M
PS Ratio: 94.95; 2.97
PB Ratio: 0.85; 1.05
P/TBV Ratio: 0.85; 1.20

Enterprise valuationIndustry

EV / Sales: 96.59; 2.72

Share statisticsIndustry

Shares Outstanding: 384M; 53M
Shares Change (YoY): 19.3%; 13.6%
Float: 384M; 39M
Shares Held by Insiders: 0.15%; 18.5%
Shares Held by Institutions: 54.8%; 27.7%

Short sellingIndustry

Short Interest: 27M; –
Short Interest Change: -7.84%; -0.08%
Days to Cover: 1.43; 3.79

Stock price statisticsIndustry

52-Week High: $239.24; –
52-Week Low: $81.81; –
20-Day Moving Average: $137.34; –
50-Day Moving Average: $144.10; –
200-Day Moving Average: $133.16; –
Average True Range (14): $8.96; –
Price Change (1 Week): -14.2%; -5.53%
Price Change (1 Month): -19.6%; -15.2%
Price Change (3 Months): 26.0%; -13.4%
Price Change (6 Months): -31.3%; -26.7%
Price Change (YTD): -19.5%; -32.7%
Price Change (1 Year): -48.8%; -50.2%
Price Change (3 Years): 142.3%; -31.4%
Price Change (5 Years): 50.7%; -80.5%
Price Change (10 Years): 521.9%; -58.5%
Average Volume (10 Days): 18M; –
Average Volume (20 Days): 18M; –
Average Volume (90 Days): 21M; –
Relative Volume: 0.69; 0.71
Relative Strength Index (14): 38.2; 42.3
Volatility (1 Year): 82.1%; 94.7%
Beta (5 Years): 2.15; 1.25

MarginsIndustry

Gross Margin: 67.8%; 42.8%
Operating Margin: -3905.9%; -115.6%
Pretax Margin: -3878.5%; -6.87%
Profit Margin: -2760.3%; -19.4%
EBITDA Margin: -3898.2%; -64.6%
FCF Margin: -2.25%; -29.5%

Returns on capitalIndustry

Return on Equity (ROE): -25.4%; -21.1%
Return on Assets (ROA): -18.1%; -8.40%
Return on Invested Capital (ROIC): -26.2%; -27.8%
Return on Capital Employed (ROCE): -25.6%; -19.5%

Financial positionIndustry

Current Ratio: 4.04; 1.58
Quick Ratio: 3.99; 0.55
Debt / Equity: 0.12; 0.18

GrowthIndustry

Revenue Growth (YoY): 4.24%; 15.4%
Net Income Growth (YoY): -272.6%; -25.7%
Revenue Growth (3Y CAGR): -1.49%; 5.94%
Revenue Growth (5Y CAGR): -0.15%; 10.7%

EfficiencyIndustry

Asset Turnover: 0.01; 0.16
Revenue Per Employee: $321.69K; $675.54K
Profits Per Employee: -$8.88M; -$170.28K
Employee Count: 1,539; 47
WACC: 14.3%; 10.9%

Income statement (TTM)Industry

Revenue: $495.08M; $63.78M
Gross Profit: $335.84M; $2.09M
Operating Income: -$19.34B; -$12.40M
Pretax Income: -$19.20B; -$2.80M
Net Income: -$13.67B; -$3.38M
EBITDA: -$19.30B; -$5.39M

Balance sheetIndustry

Cash & Short-Term Investments: $5.91B; $20.55M
Total Debt: $6.72B; $41.87M
Net Cash (Debt): -$809.50M; $7.28M
Net Cash Per Share: -$2.11; $0.18
Equity (Book Value): $55.44B; $224.68M
Book Value Per Share: $144.29; $4.04
Tangible Book Value: $55.44B; $156.69M
Working Capital: $4.60B; $10.69M

Cash flow (TTM)Industry

Operating Cash Flow: -$7.36M; -$4.33M
Capital Expenditures: -$3.77M; -$4.70M
Free Cash Flow: -$11.13M; -$12.35M
FCF Per Share: -$0.03; -$0.20

Dividends and yieldsIndustry

Earnings Yield: -29.1%; -12.4%
FCF Yield: -0.02%; -15.4%
Buyback Yield: -38.4%; 0.49%
Shareholder Yield: -38.4%; 0.54%

Taxes and interestIndustry

Income Tax: -$5.54B; $213.00K

Scores and fair valueIndustry

Altman Z-Score: 2.58; 0.35
Piotroski F-Score: 3; 4
Beneish M-Score: -2.47; -2.99

Total return vs. the S&P 500

Price change plus reinvested dividends, to the close on Nov 12, 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	-25.1%	-2.7%	−22.4 pts
3 months	+20.6%	-1.7%	+22.4 pts
Year to date	-24.7%	+11.9%	−36.6 pts
1 year	-49.1%	+12.0%	−61.0 pts
3 years	+124.7%	+78.2%	+46.5 pts	+31.0%	+21.2%
5 years	+40.9%	+73.2%	−32.3 pts	+7.1%	+11.6%
10 years	+481.5%	+309.6%	+171.9 pts	+19.2%	+15.1%

Short interest

Shares sold short and not yet covered, reported by brokers to FINRA twice a month. Latest settlement date Oct 30, 2026.

27M MSTR shares were sold short on Oct 30, 2026, down 7.8% from the previous report. At recent volumes it would take 1.4 days to buy them back. Over the last 20 sessions, 44.7% of the volume reported to FINRA was short selling.

Settlement date	Shares short	Change	Avg. daily volume	Days to cover
Oct 30, 2026	26,819,445	-7.8%	18,739,528	1.4
Oct 15, 2026	29,100,241	-0.9%	19,010,152	1.5
Sep 30, 2026	29,376,814	-4.4%	23,816,526	1.2
Sep 15, 2026	30,741,182	-5.8%	21,661,051	1.4
Aug 31, 2026	32,622,124	+2.3%	32,853,234	1.0
Aug 14, 2026	31,879,835	-1.9%	15,527,303	2.0
Jul 31, 2026	32,480,941	-19.4%	15,066,603	2.2
Jul 15, 2026	40,275,607	-5.8%	20,453,978	2.0
Jun 30, 2026	42,776,693	+4.6%	32,519,811	1.3
Jun 15, 2026	40,878,742	+8.5%	22,416,963	1.8
May 29, 2026	37,684,181	-4.7%	13,361,030	2.8
May 15, 2026	39,548,870	-3.0%	16,197,920	2.4