MSTR Rule of 40
Rule of 40 combines revenue growth and free cash flow margin in one quarterly score.
-46
Q3
-18
2024
Q4
-8
Q1
-30
Q2
2
Q3
-16
2025
Q4
22
Q1
2
2026
Q2
40
0
Mix
Other MSTR Charts
More quarter-by-quarter fundamentals for Strategy Inc
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Revenue
EPS
Free Cash Flow
Gross Margin
FCF Margin
P/E Ratio
Cumulative FCF
Shares Outstanding
Total Assets
Total Debt
Fintech Comparison
1 / 3
HOOD · Rule of 40
2026 Q2 · latest
85.5✓ Passing
Growth +32.3%
FCF +53.2%
n/m
Q3
n/m
2024
Q4
119
Q1
n/m
Q2
n/m
Q3
-47
2025
Q4
n/m
Q1
85
2026
Q2
40
0
Mix
PYPL · Rule of 40
2026 Q2 · latest
25.2✗ Below 40
Growth +4.8%
FCF +20.4%
14
Q1
13
Q2
28
Q3
29
2025
Q4
18
Q1
25
2026
Q2
40
0
Mix
XYZ · Rule of 40
2026 Q2 · latest
23.9✗ Below 40
Growth +9.3%
FCF +14.6%
17
Q3
4
2024
Q4
-1
Q1
4
Q2
25
Q3
13
2025
Q4
20
Q1
24
2026
Q2
40
0
Mix
Latest Rule of 40: +2 (2026Q2); +32 pts YoY.
Across the 8 quarters from 2024Q3 to 2026Q2, Rule of 40 ranged from -46 in 2024Q3 to +22 in 2026Q1.