Filing Flows

Filing Flows › Strategy (MSTR) › Gross margin

Strategy (MSTR) gross margin by quarter

Strategy's gross margin was 71.5% in Q3 2026 (third quarter 2026), +1.0 pts from Q3 2025. Over the last 3 quarters it ranged from 68.8% (Q2 2025) to 71.5% (Q3 2026).

Strategy gross margin by quarterStrategy gross margin by quarter68.8%Q2 202570.5%Q3 202571.5%Q3 2026
QuarterGross marginQ/QY/Y
Q3 202671.5%+1.0 pts+1.0 pts
Q3 202570.5%+1.7 pts—
Q2 202568.8%——

Q3 2026 at a glance

Strategy, Q3 2026: revenue $125M (-2% year over year), net earnings $19.5B, operating cash flow $4.4M. The chart follows the revenue to costs, profit and cash.

Questions

What is Strategy's gross margin?

Strategy's gross margin was 71.5% in Q3 2026 (third quarter 2026), +1.0 pts from Q3 2025.

How has Strategy's gross margin changed?

Over the last 3 quarters it ranged from 68.8% (Q2 2025) to 71.5% (Q3 2026).

Q3 2026 results → · How Strategy makes money →