MSTR Gross Margin
Percentage of revenue retained after cost of goods sold.
Gross Margin
Latest: 66.6% (2026Q2)
| Period | Value |
|---|---|
| 2023Q1 | 77.1% |
| 2023Q2 | 77.5% |
| 2023Q3 | 79.4% |
| 2023Q4 | 77.3% |
| 2024Q1 | 74.0% |
| 2024Q2 | 72.2% |
| 2024Q3 | 70.4% |
| 2024Q4 | 71.7% |
| 2025Q1 | 69.4% |
| 2025Q2 | 68.8% |
| 2025Q3 | 70.5% |
| 2025Q4 | 66.1% |
| 2026Q1 | 67.1% |
| 2026Q2 | 66.6% |
Other MSTR Charts
More quarter-by-quarter fundamentals for Strategy Inc
1 / 10
Revenue
EPS
Free Cash Flow
FCF Margin
P/E Ratio
Cumulative FCF
Shares Outstanding
Total Assets
Total Debt
Rule of 40
Fintech Comparison
1 / 3
Gross Margin
Gross Margin
Gross Margin
Latest Gross Margin: 66.6% (2026Q2); -2.1 pp YoY.
Across the 14 quarters from 2023Q1 to 2026Q2, Gross Margin ranged from 66.1% in 2025Q4 to 79.4% in 2023Q3.