TTM
-2712.6%
YoY change
−738.79pp
Trough year (2025)
-1139.0%
Peak year (2005)
38.1%
Latest annual
-1139.0%
EBITDA Margin history chart for Strategy (MSTR) from 1997 to 2025
Latest: -1139.0%
EBITDA Margin change chart for Strategy (MSTR) from 1997 to 2025
Latest: −738.79pp
EBITDA Margin history table for Strategy (MSTR) from 1997 to 2025
| 2025 | -1139.0% | -738.79pp | ||
| 2024 | -400.2% | -387.87pp | ||
| 2023 | -12.3% | +239.76pp | ||
| 2022 | -252.1% | -101.13pp | ||
| 2021 | -150.9% | -165.57pp | ||
| 2020 | 14.6% | +13.08pp | ||
| 2019 | 1.6% | +0.02pp | ||
| 2018 | 1.5% | -16.07pp | ||
| 2017 | 17.6% | -7.60pp | ||
| 2016 | 25.2% | -4.13pp | ||
| 2015 | 29.3% | +21.57pp | ||
| 2014 | 7.8% | -0.18pp | ||
| 2013 | 8.0% | -1.86pp | ||
| 2012 | 9.8% | +2.72pp | ||
| 2011 | 7.1% | -6.84pp | ||
| 2010 | 13.9% | -11.71pp | ||
| 2009 | 25.7% | +5.07pp | ||
| 2008 | 20.6% | -6.74pp | ||
| 2007 | 27.3% | -6.91pp | ||
| 2006 | 34.2% | -3.87pp | ||
| 2005 | 38.1% | +4.90pp | ||
| 2004 | 33.2% | +11.27pp | ||
| 2003 | 21.9% | +3.17pp | ||
| 2002 | 18.8% | +17.48pp | ||
| 2001 | 1.3% | +37.91pp | ||
| 2000 | -36.6% | -26.28pp | ||
| 1999 | -10.4% | -11.28pp | ||
| 1998 | 0.9% | -0.23pp | ||
| 1997 | 1.2% | — |
- 2025-1139.0%-738.79pp
- 2024-400.2%-387.87pp
- 2023-12.3%+239.76pp
- 2022-252.1%-101.13pp
- 2021-150.9%-165.57pp
- 202014.6%+13.08pp
- 20191.6%+0.02pp
- 20181.5%-16.07pp
- 201717.6%-7.60pp
- 201625.2%-4.13pp
- 201529.3%+21.57pp
- 20147.8%-0.18pp
- 20138.0%-1.86pp
- 20129.8%+2.72pp
- 20117.1%-6.84pp
- 201013.9%-11.71pp
- 200925.7%+5.07pp
- 200820.6%-6.74pp
- 200727.3%-6.91pp
- 200634.2%-3.87pp
- 200538.1%+4.90pp
- 200433.2%+11.27pp
- 200321.9%+3.17pp
- 200218.8%+17.48pp
- 20011.3%+37.91pp
- 2000-36.6%-26.28pp
- 1999-10.4%-11.28pp
- 19980.9%-0.23pp
- 19971.2%—
EBITDA Margin values are taken from Strategy's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About EBITDA Margin at Strategy (MSTR)
According to Strategy's latest reported financial statements, the company's latest reported EBITDA margin is -2712.6%. EBITDA margin is EBITDA divided by revenue — earnings before interest, taxes, depreciation, and amortization as a percentage of sales. By stripping out non-cash charges and capital-structure effects, it approximates operating cash profitability and is widely used to compare companies with different asset bases and leverage.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
As of the 2025 fiscal year, Strategy (MSTR) reported EBITDA margin of -1138.95% – contracted 738.8 percentage points year-over-year.
2005 marks the peak EBITDA margin at 38.10%, with the historical low of -1138.95% recorded in 2025.
Strategy EBITDA Margin by Year
Strategy EBITDA Margin 2025: -1139.0%
Strategy EBITDA margin in 2025 was -1138.95%, contracted 738.8 percentage points from 2024. This figure represents the lowest annual value in the available history.
Strategy EBITDA Margin 2024: -400.2%
2024's EBITDA margin for Strategy came in at -400.17%, contracted 387.9 percentage points from 2023.
Strategy EBITDA Margin 2023: -12.3%
Strategy posted EBITDA margin of -12.30% in 2023, expanded 239.8 percentage points from 2022.
Strategy EBITDA Margin 2022: -252.1%
In 2022, Strategy reported EBITDA margin of -252.06%, contracted 101.1 percentage points from 2021.
Strategy EBITDA Margin 2021: -150.9%
Strategy EBITDA margin in 2021 was -150.93%.
See more financial history for Strategy (MSTR).
Sector peers by EBITDA Margin
Technology peers of Strategy (MSTR), ranked by their latest EBITDA margin
| 76.0% | |
| 76.0% | |
| 63.9% | |
| 63.1% | |
| 55.3% | |
| 38.6% | |
| 35.5% | |
| 21.6% |
- 76.0%
- 76.0%
- 63.1%
- 55.3%
- 38.6%
- 35.5%
- 21.6%
Frequently asked questions
Strategy (MSTR) Key Financials
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