What is the current annual gross margin of MSTR?

As of today, MSTR annual gross margin is 68.69%

What is 1-year change in MSTR annual gross margin?

MSTR annual gross margin is down -1.04% year-over-year

What is 3-year change in MSTR annual gross margin?

MSTR annual gross margin is down -12.46% over the past 3 years

How far is MSTR annual gross margin from its all-time high?

MSTR annual gross margin is currently -20.53% below its historical high of 86.43% set on December 31, 2005

How does MSTR annual gross margin rank versus sector peers?

MSTR annual gross margin is higher than 80.94% of companies in Technology sector

When is MSTR next annual earnings release?

The next annual earnings release for MSTR is on February 4, 2027

What is the current quarterly gross margin of MSTR?

As of today, MSTR quarterly gross margin is 71.46%

What is MSTR quarterly gross margin most recent change?

MSTR quarterly gross margin was up +7.23% on September 30, 2026

What is 1-year change in MSTR quarterly gross margin?

MSTR quarterly gross margin is up +1.42% year-over-year

How far is MSTR quarterly gross margin from its all-time high?

MSTR quarterly gross margin is currently -18.92% below its historical high of 88.14% set on December 31, 2004

How does MSTR quarterly gross margin rank versus sector peers?

MSTR quarterly gross margin is higher than 81.28% of companies in Technology sector

When is MSTR next earnings release?

The next earnings release for MSTR is on February 4, 2027

Strategy Inc (MSTR) Gross Margin History & Chart Since 1996

Annual Gross Margin

68.69%0.72%-1.04%

December 31, 2025

Summary

Current Value: As of today, MSTR annual gross margin is 68.69%, down -1.04% on December 31, 2025
Historical Performance: MSTR annual gross margin is down -12.46% over the past 3 years, down -14.58% over the past 5 years
All-Time High Comparison: MSTR annual gross margin is currently -20.53% below its historical high of 86.43% set on December 31, 2005
3-Year Low Comparison: MSTR annual gross margin is at its 3-year low
Sector Comparison: MSTR annual gross margin is higher than 80.94% of companies in Technology sector

Gross Margin Chart

beforeafter

Performance

MSTR Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Gross Margin	Dec 31, 25	68.69%	-1.0%	-12.5%	-14.6%	-10.4%
Quarterly Gross Margin	Sep 30, 26	71.46%	+1.4%	-10.0%	-13.4%	-0.8%
Price	Nov 6, 26	$128.93	-46.7%	+160.9%	+50.1%	+992.9%
PE Ratio	Nov 6, 26	-	–	–	–	–
Annual Revenue	Dec 31, 25	$477.23M	+3.0%	-4.4%	-0.7%	+5.0%
Annual Gross Profit	Dec 31, 25	$327.82M	+1.9%	-16.3%	-15.2%	-5.9%
Annual Operating Margin	Dec 31, 25	-8.57%	+37.1%	-506.2%	-172.2%	-177.0%
Annual Net Margin	Dec 31, 25	-806.35%	-220.3%	-173.9%	-10000.0%	-8473.3%

Gross Margin Highs

MSTR Annual Gross Margin Highs Comparison
Period	High	Date	Current
3Y	78.47%	N/A	-12.5%
5Y	81.48%	Dec 31, 21	-15.7%
All	86.43%	Dec 31, 05	-20.5%

Gross Margin Lows

MSTR Annual Gross Margin Lows Comparison
Period	Low	Date	Current
3Y	68.69%	Dec 31, 25	at low
5Y	68.69%	Dec 31, 25	at low
All	52.83%	Dec 31, 00	+30.0%

Gross Margin History

Year	Value	Change
2025	68.69%	-1.0%
2024	69.41%	-8.9%
2023	76.21%	-2.9%
2022	78.47%	-3.7%
2021	81.48%	+1.3%
2020	80.41%	+2.0%
2019	78.85%	-0.9%
2018	79.54%	-0.8%
2017	80.22%	-1.9%
2016	81.81%	+1.1%
2015	80.92%	+5.5%
2014	76.68%	+1.0%
2013	75.94%	+2.2%
2012	74.30%	+2.0%
2011	72.85%	-5.0%

Year	Value	Change
2010	76.66%	-6.9%
2009	82.37%	-0.0%
2008	82.41%	-0.4%
2007	82.73%	-3.6%
2006	85.83%	-0.7%
2005	86.43%	+0.8%
2004	85.75%	+2.1%
2003	83.96%	+16.2%
2002	72.26%	+23.9%
2001	58.32%	+10.4%
2000	52.83%	-30.0%
1999	75.52%	-7.2%
1998	81.41%	+2.7%
1997	79.24%	+3.3%
1996	76.74%	-

FAQ

What is the current annual gross margin of MSTR?: As of today, MSTR annual gross margin is 68.69%
What is 1-year change in MSTR annual gross margin?: MSTR annual gross margin is down -1.04% year-over-year
What is 3-year change in MSTR annual gross margin?: MSTR annual gross margin is down -12.46% over the past 3 years
How far is MSTR annual gross margin from its all-time high?: MSTR annual gross margin is currently -20.53% below its historical high of 86.43% set on December 31, 2005
How does MSTR annual gross margin rank versus sector peers?: MSTR annual gross margin is higher than 80.94% of companies in Technology sector
When is MSTR next annual earnings release?: The next annual earnings release for MSTR is on February 4, 2027

Gross Margin Formula

Gross Margin = Gross Profit

Revenue × 100%

Quarterly Gross Margin

71.46%4.82%+7.23%

September 30, 2026

Summary

Current Value: As of today, MSTR quarterly gross margin is 71.46%, up +7.23% on September 30, 2026
Historical Performance: MSTR quarterly gross margin is up +1.42% year-over-year, down -10.01% over the past 3 years
All-Time High Comparison: MSTR quarterly gross margin is currently -18.92% below its historical high of 88.14% set on December 31, 2004
3-Year Low Comparison: MSTR quarterly gross margin is +8.09% above its 3-year low of 66.11% reached on December 31, 2025
Sector Comparison: MSTR quarterly gross margin is higher than 81.28% of companies in Technology sector

Performance

MSTR Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Gross Margin	Sep 30, 26	71.46%	+7.2%	+1.4%	-10.0%	-13.4%
Annual Gross Margin	Dec 31, 25	68.69%	–	-1.0%	-12.5%	-14.6%
Price	Nov 6, 26	$128.93	+28.9%	-46.7%	+160.9%	+50.1%
PE Ratio	Nov 6, 26	-	–	–	–	–
Quarterly Revenue	Sep 30, 26	$125.43M	+2.5%	-2.5%	-3.1%	-2.0%
Quarterly Gross Profit	Sep 30, 26	$0.00	-100.0%	-100.0%	-100.0%	-100.0%
Quarterly Operating Margin	Sep 30, 26	-2.07%	+83.8%	-100.0%	-132.2%	-117.1%
Quarterly Net Margin	Sep 30, 26	-	–	–	–	–

Quarterly Gross Margin Highs

MSTR Quarterly Gross Margin Highs Comparison
Period	High	Date	Current
1Y	71.46%	Sep 30, 26	at high
3Y	79.41%	N/A	-10.0%
5Y	82.56%	N/A	-13.4%
All	88.14%	Dec 31, 04	-18.9%

Quarterly Gross Margin Lows

MSTR Quarterly Gross Margin Lows Comparison
Period	Low	Date	Current
1Y	66.11%	Dec 31, 25	+8.1%
3Y	66.11%	Dec 31, 25	+8.1%
5Y	66.11%	Dec 31, 25	+8.1%
All	0.00%	Dec 31, 98	N/A

Quarterly Gross Margin History

Month	Value	Change
Sep 2026	71.46%	+7.2%
Jun 2026	66.64%	-0.6%
Mar 2026	67.06%	+1.4%
Dec 2025	66.11%	-6.2%
Sep 2025	70.46%	+2.5%
Jun 2025	68.77%	-0.9%
Mar 2025	69.41%	-3.2%
Dec 2024	71.69%	+1.8%
Sep 2024	70.41%	-2.5%
Jun 2024	72.24%	-2.3%
Mar 2024	73.96%	-4.4%
Dec 2023	77.33%	-2.6%
Sep 2023	79.41%	+2.5%
Jun 2023	77.47%	+0.5%
Mar 2023	77.08%	-3.5%
Dec 2022	79.84%	+0.1%
Sep 2022	79.75%	+0.5%
Jun 2022	79.35%	+1.1%
Mar 2022	78.47%	-4.5%
Dec 2021	82.16%	-0.5%
Sep 2021	82.56%	+1.2%
Jun 2021	81.62%	-0.0%
Mar 2021	81.65%	-3.0%
Dec 2020	84.17%	+1.5%
Sep 2020	82.94%	+5.9%
Jun 2020	78.31%	+0.4%
Mar 2020	77.97%	-4.4%
Dec 2019	81.55%	+1.8%
Sep 2019	80.10%	+2.1%
Jun 2019	78.47%	+1.5%
Mar 2019	77.31%	-2.0%
Dec 2018	78.86%	-2.5%
Sep 2018	80.85%	+2.0%
Jun 2018	79.24%	-0.4%
Mar 2018	79.52%	-2.8%
Dec 2017	81.85%	+1.5%
Sep 2017	80.65%	+1.4%
Jun 2017	79.55%	-1.9%
Mar 2017	81.08%	-2.8%
Dec 2016	83.38%	+1.3%
Sep 2016	82.34%	+2.4%
Jun 2016	80.43%	-0.5%
Mar 2016	80.82%	-3.4%
Dec 2015	83.69%	+3.4%
Sep 2015	80.94%	+0.5%
Jun 2015	80.51%	+3.1%
Mar 2015	78.12%	-0.8%
Dec 2014	78.75%	+2.4%
Sep 2014	76.88%	+2.7%
Jun 2014	74.89%	-1.5%
Mar 2014	76.06%	-5.1%
Dec 2013	80.12%	+4.6%
Sep 2013	76.57%	+4.1%
Jun 2013	73.57%	+1.6%
Mar 2013	72.42%	-0.2%
Dec 2012	72.55%	-1.7%
Sep 2012	73.83%	-0.5%
Jun 2012	74.17%	+1.4%

Month	Value	Change
Mar 2012	73.13%	-1.6%
Dec 2011	74.35%	+3.2%
Sep 2011	72.05%	-1.8%
Jun 2011	73.38%	+0.8%
Mar 2011	72.83%	-4.6%
Dec 2010	76.37%	+0.2%
Sep 2010	76.22%	-1.5%
Jun 2010	77.36%	+0.7%
Mar 2010	76.85%	-5.8%
Dec 2009	81.60%	-3.0%
Sep 2009	84.10%	+2.8%
Jun 2009	81.84%	+0.1%
Mar 2009	81.73%	-1.6%
Dec 2008	83.09%	+1.9%
Sep 2008	81.54%	-0.4%
Jun 2008	81.87%	-1.6%
Mar 2008	83.19%	-2.8%
Dec 2007	85.58%	+2.8%
Sep 2007	83.28%	+5.9%
Jun 2007	78.62%	-5.2%
Mar 2007	82.97%	-4.0%
Dec 2006	86.46%	+1.8%
Sep 2006	84.90%	-0.9%
Jun 2006	85.63%	-0.7%
Mar 2006	86.26%	-1.8%
Dec 2005	87.86%	+2.3%
Sep 2005	85.87%	-0.2%
Jun 2005	86.07%	+0.7%
Mar 2005	85.48%	-3.0%
Dec 2004	88.14%	+2.5%
Sep 2004	85.95%	+2.7%
Jun 2004	83.65%	-0.6%
Mar 2004	84.17%	-2.4%
Dec 2003	86.22%	+2.5%
Sep 2003	84.10%	+0.7%
Jun 2003	83.55%	+2.4%
Mar 2003	81.63%	-0.7%
Dec 2002	82.19%	+6.3%
Sep 2002	77.30%	-1.5%
Jun 2002	78.50%	+1.7%
Mar 2002	77.21%	+8.7%
Dec 2001	71.06%	+16.0%
Sep 2001	61.24%	+0.6%
Jun 2001	60.87%	+15.5%
Mar 2001	52.71%	+1.3%
Dec 2000	52.02%	-0.1%
Sep 2000	52.09%	+9.6%
Jun 2000	47.54%	-20.7%
Mar 2000	59.95%	+144.6%
Dec 1999	24.51%	-70.1%
Sep 1999	81.85%	+0.5%
Jun 1999	81.44%	+1.7%
Mar 1999	80.08%	>+9,900.0%
Dec 1998	0.00%	-100.0%
Sep 1998	80.59%	+0.2%
Jun 1998	80.39%	-1.2%
Mar 1998	81.40%	-

FAQ

What is the current quarterly gross margin of MSTR?: As of today, MSTR quarterly gross margin is 71.46%
What is MSTR quarterly gross margin most recent change?: MSTR quarterly gross margin was up +7.23% on September 30, 2026
What is 1-year change in MSTR quarterly gross margin?: MSTR quarterly gross margin is up +1.42% year-over-year
How far is MSTR quarterly gross margin from its all-time high?: MSTR quarterly gross margin is currently -18.92% below its historical high of 88.14% set on December 31, 2004
How does MSTR quarterly gross margin rank versus sector peers?: MSTR quarterly gross margin is higher than 81.28% of companies in Technology sector
When is MSTR next earnings release?: The next earnings release for MSTR is on February 4, 2027

Gross Margin Formula

Gross Margin = Gross Profit

Revenue × 100%

Data Sources & References

MSTR Official Website www.strategy.com
Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/1050446/000105044626000012/0001050446-26-000012-index.htm
MSTR Profile on Yahoo Finance finance.yahoo.com/quote/MSTR
MSTR Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/mstr