Free Cash Flow for Strategy (MSTR)
Free Cash Flow for Strategy (MSTR): headline value -$77.83M · YoY -99.5%. Annual and quarterly series, chart, and tables are below.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
MSTR
Currently viewingFree Cash FlowSwitch metric
Latest period
-$77.83M
YoY change
-99.5%
5Y CAGR
N/A
Peak year (2015)
$136.62M
Latest annual
-$104.24M
Free Cash Flow history chart for Strategy (MSTR) from 1997 to 2025
Free Cash Flow history table for Strategy (MSTR) from 1997 to 2025
| Fiscal year | Period ended | Reported | Free Cash Flow | YoY |
|---|---|---|---|---|
| 2025 | -$104.24M | -99.5% | ||
| 2024 | -$22.14B | +1069.8% | ||
| 2023 | -$1.89B | +559.0% | ||
| 2022 | -$287.20M | -88.7% | ||
| 2021 | -$2.54B | +135.8% | ||
| 2020 | -$1.08B | -2221.0% | ||
| 2019 | $50.69M | +1240.5% | ||
| 2018 | $3.78M | -94.9% | ||
| 2017 | $74.34M | -31.3% | ||
| 2016 | $108.25M | -20.8% | ||
| 2015 | $136.62M | -2304.9% | ||
| 2014 | -$6.20M | -146.1% | ||
| 2013 | $13.45M | +11.1% | ||
| 2012 | $12.12M | -33.5% | ||
| 2011 | $18.22M | -68.2% | ||
| 2010 | $57.35M | -22.5% | ||
| 2009 | $73.96M | +63.7% | ||
| 2008 | $45.18M | -50.8% | ||
| 2007 | $91.77M | -7.9% | ||
| 2006 | $99.61M | -1.0% | ||
| 2005 | $100.64M | +25.9% | ||
| 2004 | $79.91M | +146.1% | ||
| 2003 | $32.46M | -564.7% | ||
| 2002 | -$6.99M | +3.5% | ||
| 2001 | -$6.75M | -94.8% | ||
| 2000 | -$129.89M | +449.4% | ||
| 1999 | -$23.64M | +99.6% | ||
| 1998 | -$11.84M | +1085.5% | ||
| 1997 | -$999,000 | — |
Free Cash Flow values are taken from Strategy's reported cash flow statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
The 2025 reading of Strategy (MSTR) free cash flow is -$104.24M – plunged 99.5% year-over-year.
Strategy free cash flow plunged from $136.62M in 2015 to -$104.24M in 2025, a 176.3% drawdown.
2015 marks the peak free cash flow at $136.62M, with the historical low of -$22.14B recorded in 2024.
Strategy (MSTR) sits 9th of 8 Technology peers we track on this metric, against a peer median of $49.26B.
Strategy Free Cash Flow by Year
Strategy Free Cash Flow 2025: -$104.24M
Strategy free cash flow in 2025 was -$104.24M, plunged 99.5% below 2024.
Strategy Free Cash Flow 2024: -$22.14B
Strategy free cash flow in 2024 was -$22.14B, surged 1069.8% from 2023. This figure represents the lowest annual value in the available history.
Strategy Free Cash Flow 2023: -$1.89B
Strategy free cash flow in 2023 was -$1.89B, surged 559.0% from 2022.
Strategy Free Cash Flow 2022: -$287.20M
Strategy free cash flow in 2022 was -$287.20M, plunged 88.7% below 2021.
Strategy Free Cash Flow 2021: -$2.54B
Strategy free cash flow in 2021 was -$2.54B.
See more financial history for Strategy (MSTR).
Sector peers — Free Cash Flow
Companies in the same sector as Strategy, ranked by their latest free cash flow.
| Company | Free Cash Flow | Sector |
|---|---|---|
| Taiwan Semiconductor Manufacturing Company Limited (TSM) | $1.10T | Technology |
| Apple Inc. (AAPL) | $98.77B | Technology |
| NVIDIA Corporation (NVDA) | $96.68B | Technology |
| Microsoft Corporation (MSFT) | $71.61B | Technology |
| Broadcom Inc. (AVGO) | $26.91B | Technology |
| ASML Holding N.V. (ASML) | $10.65B | Technology |
| Advanced Micro Devices, Inc. (AMD) | $6.74B | Technology |
| Micron Technology, Inc. (MU) | $1.67B | Technology |
Frequently asked questions
What is Strategy's free cash flow?
Latest reported free cash flow for Strategy (MSTR) is -$77.83M (period ending December 31, 2025).
How has Strategy free cash flow changed year-over-year?
Strategy (MSTR) free cash flow changed -99.5% year-over-year on the latest annual filing.
When did Strategy free cash flow hit its highest annual value?
Strategy free cash flow reached its highest annual value of $136.62M in 2015.
What was Strategy free cash flow in 2024?
Strategy (MSTR) free cash flow in 2024 was -$22.14B.
What was Strategy free cash flow in 2025?
Strategy (MSTR) free cash flow in 2025 was -$104.24M.
Metrics overview
Pick a metric for charts, filings and peers — each row shows the latest TTM or most-recent-quarter value.
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MSTR Overview
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