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Stocks/Information Technology/Application Software

StrategyMSTR

Application Software
Cheaper than peers
$130.51−7.84%After hours: $132.10 (+1.22%)At the close, 30 Oct · Prices from CNBC, may be delayed
▼ 52.6% over 1 year
Strategy over 1 yearDaily close, $, to 30 Oct 2026
$100$200Nov2026MarMayJulSep$130.51$100$200NovMarJul$130.51
Source: Nasdaq daily closes
Market value$55.89B
Price to earnings–
Forward P/E3.6x
Dividend yield–
Year to date−14.1%
One year−52.6%
Next earningsNot scheduled
SectorInformation Technology
52-week range (closes)
$82.31$269.51

Quality and valuation

How Strategy compares with other information technology stocks. A description, not a recommendation.

Strategy and 6 application software peers. Across: valuation (P/E) against the sector. Up: business quality against the sector. Hover or tap a logo for its numbers.

Business quality: weaker than mostValuation: cheaper than most

A weaker business than most information technology companies, priced below most of them.

Strategy trades at 3.6 times the next 12 months of expected earnings, against a median of 22.2x for the 99 information technology stocks we cover. The quality score blends where it ranks on revenue growth, gross margin, operating margin and free-cash-flow margin (net margin for banks and insurers) over the last 12 months, from SEC filings.

  • Revenue grew slower than the sector median: +7.8% vs +20.6%
  • Keeps more of each sale (gross margin): 67.6% vs 61.5%
  • Less profitable (operating margin): −7295.4% vs 17.0%
  • Turns less of its sales into cash: −5.3% vs 21.7%
MSTR trades at 3.6x forward earnings, below the sector medianForward p/e, Application Software peers
MSTR3.6xADBE9.3xINTU14.3xORCL15.4xCRM15.7xSAP26.6xPLTR108.1xSNOW120.5xSector median 22.2xMSTR3.6xADBE9.3xINTU14.3xORCL15.4xCRM15.7xSAP26.6xPLTR108.1xSNOW120.5xSector median 22.2x
Source: CNBC quotes; Mostly Markets

Financials

From Strategy's SEC filings, through the quarter ending 30 Jun 2026. Hover or tap a bar for its value.

Revenue grew 6.9% from a year earlierQuarterly revenue, $m, latest Q2 ’26
$0m$50m$100mQ3 ’24Q1 ’25Q3 ’25$122mQ2 ’26$0m$50m$100mQ3 ’24Q1 ’25Q3 ’25$122mQ2 ’26
Source: SEC filings
Growth slowed to +6.9% last quarterRevenue growth, year on year, %
−10%0%10%Q3 ’24Q1 ’25Q3 ’256.9%Q2 ’26−10%0%10%Q3 ’24Q1 ’25Q3 ’256.9%Q2 ’26
Source: SEC filings
Operating margin was -6808.1% last quarterOperating income as a share of revenue, %
−10,000%0%10,000%Q3 ’24Q1 ’25Q3 ’25−6,808.1%Q2 ’26−10,000%0%10,000%Q3 ’24Q1 ’25Q3 ’25−6,808.1%Q2 ’26
Source: SEC filings
Free cash flow was −$26 million over 12 monthsQuarterly free cash flow (operating cash flow minus capex), $m
−$40m−$20m$0mQ3 ’24Q1 ’25Q3 ’25−$6mQ2 ’26−$40m−$20m$0mQ3 ’24Q1 ’25Q3 ’25−$6mQ2 ’26
Source: SEC filings
Last 12 monthsMSTRSector median
Revenue growth+7.8%+20.6%
Gross margin67.6%61.5%
Operating margin−7295.4%17.0%
Free cash flow margin−5.3%21.7%

Stories on Strategy

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Similar companies

Application Software, by market value.

CompanyPriceTodayYTDValue
PLTRPalantir Technologies$184.11−6.27%+3.6%$442B
ORCLOracle$130.67−6.37%−33.0%$396B
SAPSAP$235.02+0.41%−3.2%$289B
CRMSalesforce$229.17−0.75%−13.5%$189B
SNOWSnowflake$306.08−7.32%+39.5%$108B
ADBEAdobe$250.23+0.85%−28.5%$97.39B
INTUIntuit$341.09+2.99%−48.5%$91.15B
CDNSCadence Design Systems$327.89−4.34%+4.9%$89.97B