Strategy Inc (MSTR)
Full history for every metric is available with a Kvantra account
No price history available.
Key financial summary
Financials in USD| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | 2026E | ||
|---|---|---|---|---|---|---|---|---|---|
| Total revenue | $m | 481 | 511 | 499 | 496 | 463 | 477 | 498 | 500 |
| Operating profit | $m | -41 | - | ||||||
| Net profit | $m | -8 | -535 | -1,470 | 429 | -1,167 | -3,848 | - | 7,664 |
| EPS reported | $ | -15.23 | -88.60 | ||||||
| Operating cashflow per share | $ | -0.23 | -0.06 | ||||||
| Capex per share | $ | 76.57 | 33.09 | ||||||
| FCF per share | $ | -76.80 | 33.04 | ||||||
| Free cash flow | $m | -22,580 | -21,750 | ||||||
| Net debt | $m | 5,933 | 4,227 | ||||||
| Book value equity | $m | 51,043 | 45,327 | ||||||
| Book value per share | $ | 173.6 | 132.0 | ||||||
| Number of shares | m | 294 | 343.28 | ||||||
| DPS (TTM paid) | $ | 1.30 | 2.77 |
Financial summary
Financials in USD| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | 2026E | ||
|---|---|---|---|---|---|---|---|---|---|
| Value | |||||||||
| P/E TTM | x | - | - | ||||||
| P/B LTM | x | 0.88 | 0.99 | ||||||
| P/S LTM | x | 93.61 | 89.64 | ||||||
| P/FCF LTM | x | -1.98 | -2.05 | ||||||
| EV/EBITDA LTM | x | -9.32 | -2.33 | ||||||
| EV/Sales LTM | x | 106.14 | 71.91 | ||||||
| Earnings Yield LTM | % | -8.61% | -95.23% | ||||||
| FCF Yield | % | -50.54% | -48.69% | ||||||
| Quality | |||||||||
| ROE | % | -7.54% | -60.79% | ||||||
| ROIC | % | -0.05% | -13.45% | ||||||
| Operating margin | % | -8.57% | -16.77% | ||||||
| Gross margin | % | +68.69% | +67.60% | ||||||
| FCF/Sales | % | -4731.3% | +2275.6% | ||||||
| Growth and momentum | |||||||||
| EPS Growth YoY | % | - | - | ||||||
| Sales Growth YoY | % | +2.97% | +7.53% | ||||||
| Net Income Growth YoY | % | - | - | ||||||
| FCF Growth | % | - | - | ||||||
| Operating Profit Growth | % | - | - | ||||||
| Dividend and capital structure | |||||||||
| Dividend Yield | % | +0.85% | 0.00% | ||||||
| Dividend Growth | % | - | - | ||||||
| Payout Ratio | % | -8.52% | -9.91% | ||||||
| FCF/Debt | x | -2.73 | -3.21 | ||||||
| Net Debt/EBITDA | x | -1.10 | -0.23 | ||||||
| EBIT/Net interest | x | -0.63 | -262.85 | ||||||
| Net debt/market cap | % | +18.44% | +21.80% | ||||||
| Net debt/Equity | x | 0.12 | 0.09 | ||||||
| Gross debt/equity | x | 0.16 | 0.15 | ||||||
Price target estimates
Based on consensus from external analysts. Not Kvantra's opinion.
Ratings
Based on consensus from external analysts. Not Kvantra's opinion.
ESG
| Metric | 2024 | 2025 | 2026 |
|---|---|---|---|
| ESG-score | |||
| Environmental score | |||
| Social score | |||
| Governance score | |||
| Risk rating |
Company overview
Strategy Inc, together with its subsidiaries, operates as a bitcoin treasury company in the United States, Europe, the Middle East, Africa, and internationally. It offers investors varying degrees of economic exposure to Bitcoin by offering a range of securities, including equity and fixed income instruments. The company also provides AI-powered enterprise analytics software, including Strategy One, which provides non-technical users with the ability to directly access novel and actionable insights for decision-making. In addition, the company provides Strategy Mosaic, a universal intelligence layer that offers enterprises with consistent definitions and governance across data sources, regardless of where that data resides or which tools access it. The company was formerly known as MicroStrategy Incorporated and changed its name to Strategy Inc in August 2025. The company was incorporated in 1989 and is headquartered in Tysons Corner, Virginia.
Similar companies
For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.
No price history available.
Consensus from external analysts. Not Kvantra's opinion.
Based on consensus from external analysts. Not Kvantra's opinion.
Strategy Inc, together with its subsidiaries, operates as a bitcoin treasury company in the United States, Europe, the Middle East, Africa, and internationally. It offers investors varying degrees of economic exposure to Bitcoin by offering a range of securities, including equity and fixed income instruments. The company also provides AI-powered enterprise analytics software, including Strategy One, which provides non-technical users with the ability to directly access novel and actionable insights for decision-making. In addition, the company provides Strategy Mosaic, a universal intelligence layer that offers enterprises with consistent definitions and governance across data sources, regardless of where that data resides or which tools access it. The company was formerly known as MicroStrategy Incorporated and changed its name to Strategy Inc in August 2025. The company was incorporated in 1989 and is headquartered in Tysons Corner, Virginia.
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