TTM
−$13.58B
YoY change
+193.8%
5Y CAGR
—
Peak year (2015)
$134.02M
Cumulative operating income
−$8.74B
Operating Income history chart for Strategy (MSTR) from 1997 to 2025
Latest: −$5.44B
Operating Income growth chart for Strategy (MSTR) from 1997 to 2025
Latest: +193.8%
Operating Income history table for Strategy (MSTR) from 1997 to 2025
| 2025 | −$5.44B | +193.8% | −$3.59B | ||
| 2024 | −$1.85B | +1510.6% | −$1.74B | ||
| 2023 | −$115.05M | -91.0% | +$1.16B | ||
| 2022 | −$1.28B | +62.6% | −$491.21M | ||
| 2021 | −$784.53M | +5658.0% | −$770.90M | ||
| 2020 | −$13.63M | +1259.8% | −$12.62M | ||
| 2019 | −$1.00M | -125.2% | −$4.98M | ||
| 2018 | $3.98M | -94.6% | −$69.24M | ||
| 2017 | $73.22M | -33.1% | −$36.29M | ||
| 2016 | $109.51M | -18.3% | −$24.51M | ||
| 2015 | $134.02M | +2525.8% | +$128.92M | ||
| 2014 | $5.10M | -73.7% | −$14.34M | ||
| 2013 | $19.44M | -41.3% | −$13.66M | ||
| 2012 | $33.10M | +58.6% | +$12.23M | ||
| 2011 | $20.87M | -58.8% | −$29.72M | ||
| 2010 | $50.59M | -41.4% | −$35.72M | ||
| 2009 | $86.30M | +27.3% | +$18.50M | ||
| 2008 | $67.80M | -23.1% | −$20.42M | ||
| 2007 | $88.22M | -11.6% | −$11.57M | ||
| 2006 | $99.79M | +6.3% | +$5.92M | ||
| 2005 | $93.87M | +37.1% | +$25.42M | ||
| 2004 | $68.45M | +144.7% | +$40.48M | ||
| 2003 | $27.97M | +168.4% | +$17.55M | ||
| 2002 | $10.42M | -115.6% | +$77.14M | ||
| 2001 | −$66.72M | -43.4% | +$51.12M | ||
| 2000 | −$117.84M | +365.8% | −$92.54M | ||
| 1999 | −$25.30M | +892.4% | −$22.75M | ||
| 1998 | −$2.55M | +302.1% | −$1.92M | ||
| 1997 | −$634.00K | — | — |
- 2025−$5.44B+193.8%
- 2024−$1.85B+1510.6%
- 2023−$115.05M-91.0%
- 2022−$1.28B+62.6%
- 2021−$784.53M+5658.0%
- 2020−$13.63M+1259.8%
- 2019−$1.00M-125.2%
- 2018$3.98M-94.6%
- 2017$73.22M-33.1%
- 2016$109.51M-18.3%
- 2015$134.02M+2525.8%
- 2014$5.10M-73.7%
- 2013$19.44M-41.3%
- 2012$33.10M+58.6%
- 2011$20.87M-58.8%
- 2010$50.59M-41.4%
- 2009$86.30M+27.3%
- 2008$67.80M-23.1%
- 2007$88.22M-11.6%
- 2006$99.79M+6.3%
- 2005$93.87M+37.1%
- 2004$68.45M+144.7%
- 2003$27.97M+168.4%
- 2002$10.42M-115.6%
- 2001−$66.72M-43.4%
- 2000−$117.84M+365.8%
- 1999−$25.30M+892.4%
- 1998−$2.55M+302.1%
- 1997−$634.00K—
Operating Income 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 Operating Income at Strategy (MSTR)
According to Strategy's latest reported financial statements, the company's current operating income (TTM) is −$13.58B. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
2025's annual operating income for Strategy (MSTR) came in at −$5.44B – surged 193.8% year-over-year.
Between 2015 and 2025, Strategy operating income plunged 4162.3%, falling from $134.02M to −$5.44B.
Across the available history, operating income reached its high of $134.02M in 2015 and its low of −$5.44B in 2025.
Strategy Operating Income by Year
Strategy Operating Income 2025: −$5.44B
In 2025, Strategy reported operating income of −$5.44B, surged 193.8% from 2024. This figure represents the lowest annual value in the available history.
Strategy Operating Income 2024: −$1.85B
Strategy operating income in 2024 was −$1.85B, surged 1510.6% from 2023.
Strategy Operating Income 2023: −$115.05M
2023's operating income for Strategy came in at −$115.05M, plunged 91.0% below 2022.
Strategy Operating Income 2022: −$1.28B
Strategy posted operating income of −$1.28B in 2022, surged 62.6% from 2021.
Strategy Operating Income 2021: −$784.53M
Strategy operating income in 2021 was −$784.53M.
See more financial history for Strategy (MSTR).
Sector peers by Operating Income
Technology peers of Strategy (MSTR), ranked by their latest operating income
| $133.05B | |
| $130.39B | |
| $128.53B | |
| $63.06B | |
| $25.48B | |
| $13.16B | |
| $9.87B | |
| $3.69B |
- $133.05B
- $130.39B
- $128.53B
- $63.06B
- $25.48B
- $13.16B
- $9.87B
- $3.69B
Frequently asked questions
Strategy (MSTR) Key Financials
Charts, filings, and peer comparison for every metric
Explore more
Deep-dives across the income statement, cash flow, capital return, and valuation