TTM
67.7%
YoY change
−3.37pp
Trough year (2000)
64.0%
Peak year (2005)
86.4%
Latest annual
68.7%
Gross Margin history chart for Strategy (MSTR) from 1997 to 2025
Latest: 68.7%
Gross Margin change chart for Strategy (MSTR) from 1997 to 2025
Latest: −3.37pp
Gross Margin history table for Strategy (MSTR) from 1997 to 2025
| 2025 | 68.7% | -3.37pp | ||
| 2024 | 72.1% | -5.78pp | ||
| 2023 | 77.8% | -1.53pp | ||
| 2022 | 79.4% | -2.63pp | ||
| 2021 | 82.0% | +0.95pp | ||
| 2020 | 81.1% | +1.62pp | ||
| 2019 | 79.4% | -0.56pp | ||
| 2018 | 80.0% | -0.81pp | ||
| 2017 | 80.8% | -1.05pp | ||
| 2016 | 81.9% | +0.95pp | ||
| 2015 | 80.9% | +4.24pp | ||
| 2014 | 76.7% | +0.74pp | ||
| 2013 | 75.9% | +0.88pp | ||
| 2012 | 75.1% | -0.61pp | ||
| 2011 | 75.7% | -0.99pp | ||
| 2010 | 76.7% | -5.71pp | ||
| 2009 | 82.4% | -0.04pp | ||
| 2008 | 82.4% | -0.34pp | ||
| 2007 | 82.7% | -3.11pp | ||
| 2006 | 85.9% | -0.58pp | ||
| 2005 | 86.4% | +0.65pp | ||
| 2004 | 85.8% | +1.72pp | ||
| 2003 | 84.1% | +2.93pp | ||
| 2002 | 81.1% | +6.43pp | ||
| 2001 | 74.7% | +10.73pp | ||
| 2000 | 64.0% | -11.55pp | ||
| 1999 | 75.5% | -7.37pp | ||
| 1998 | 82.9% | +1.67pp | ||
| 1997 | 81.2% | — |
- 202568.7%-3.37pp
- 202472.1%-5.78pp
- 202377.8%-1.53pp
- 202279.4%-2.63pp
- 202182.0%+0.95pp
- 202081.1%+1.62pp
- 201979.4%-0.56pp
- 201880.0%-0.81pp
- 201780.8%-1.05pp
- 201681.9%+0.95pp
- 201580.9%+4.24pp
- 201476.7%+0.74pp
- 201375.9%+0.88pp
- 201275.1%-0.61pp
- 201175.7%-0.99pp
- 201076.7%-5.71pp
- 200982.4%-0.04pp
- 200882.4%-0.34pp
- 200782.7%-3.11pp
- 200685.9%-0.58pp
- 200586.4%+0.65pp
- 200485.8%+1.72pp
- 200384.1%+2.93pp
- 200281.1%+6.43pp
- 200174.7%+10.73pp
- 200064.0%-11.55pp
- 199975.5%-7.37pp
- 199882.9%+1.67pp
- 199781.2%—
Gross 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 Gross Margin at Strategy (MSTR)
According to Strategy's latest reported financial statements, the company's latest reported gross margin is 67.7%. Gross margin is gross profit divided by revenue, expressed as a percentage. It shows how much of each sales dollar survives the direct cost of goods sold — before operating expenses, interest, and taxes. A higher gross margin generally signals pricing power and production efficiency. Margins are most meaningful compared against sector peers and a company's own history.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
2025's annual gross margin for Strategy (MSTR) came in at 68.69% – contracted 3.4 percentage points year-over-year.
Across the available history, gross margin reached its high of 86.43% in 2005 and its low of 63.97% in 2000.
Strategy Gross Margin by Year
Strategy Gross Margin 2025: 68.7%
2025's gross margin for Strategy came in at 68.69%, contracted 3.4 percentage points from 2024.
Strategy Gross Margin 2024: 72.1%
Strategy posted gross margin of 72.06% in 2024, contracted 5.8 percentage points from 2023.
Strategy Gross Margin 2023: 77.8%
In 2023, Strategy reported gross margin of 77.85%, contracted 1.5 percentage points from 2022.
Strategy Gross Margin 2022: 79.4%
Strategy gross margin in 2022 was 79.37%, contracted 2.6 percentage points from 2021.
Strategy Gross Margin 2021: 82.0%
Strategy gross margin in 2021 was 82.01%.
See more financial history for Strategy (MSTR).
Sector peers by Gross Margin
Technology peers of Strategy (MSTR), ranked by their latest gross margin
| 74.1% | |
| 68.3% | |
| 67.0% | |
| 61.8% | |
| 58.4% | |
| 52.6% | |
| 50.3% | |
| 47.9% |
- 74.1%
- 68.3%
- 67.0%
- 61.8%
- 52.6%
- 50.3%
- 47.9%
Frequently asked questions
Strategy (MSTR) Key Financials
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