Strategy
MSTR
Strategy trades at 106.2x EV/NTM revenue on a $53.18B enterprise value. Revenue grew 6.9% year over year to $122.4M in the quarter ending June 2026, an annual run rate of $489.0M. Strategy reports a 66.6% gross margin.
ARR ($M)
251
Net Dollar Retention
--
ARR Growth
54.0%
EV / NTM Revenue
106.2x
Payback Period
EV / Run Rate
108.7x
Price & Key Metrics
Price Performance
Company Details
Share Price: 127.31
Last Filing Date: 2026-06-30
Fiscal Year End: 12-31
Last Filing: Form
Founding Year: 1989
IPO Year: 1998
% of 52 wk High: 35%
Description
Strategy Inc, together with its subsidiaries, operates as a bitcoin treasury company in the United States, Europe, the Middle East, Africa, and internationally. It offers investors varying degrees of economic exposure to Bitcoin by offering a range of securities, including equity and fixed income instruments.
Categories
Software
Valuation
Market Cap: 48,915.78
Enterprise Value: 53,177.726
EV / Revenue Run Rate: 108.7x
EV / NTM Revenue: 106.2x
EV / 2026 Revenue Estimates: 105.7x
EV / 2027 Revenue Estimates: 106.8x
EV / 2028 Revenue Estimates: --
Key Business Metrics
Net Dollar Retention: --
Customers: --
ARR: 251
ARR Growth %: 54%
ARR/Customer ($K): --
ARR/Employee ($K): 163
Revenue
Revenue Run Rate: 489
ARR: 251
2026 Revenue Estimates: 503
2027 Revenue Estimates: 498
2028 Revenue Estimates: --
LTM Revenue: 498
Last Year Run Rate: 457
Growth
Revenue Growth: 7%
ARR Growth: 54%
Growth Persistence: 252%
2026 Revenue Growth Estimates: 6%
2027 Revenue Growth Estimates: -1%
2028 Revenue Growth Estimates: --
Financials
Quarterly
Calendar Year
Frequently Asked Questions
How fast is Strategy growing?
Strategy grew revenue 6.9% year over year, reaching $122.4M in the quarter ending June 2026.
What multiple does Strategy trade at?
Strategy trades at 106.2x EV/NTM revenue and 108.7x EV/run-rate, on an enterprise value of $53.18B.
Is Strategy profitable?
For Strategy, operating income was -$8.33B last quarter and LTM free cash flow margin is -4364.5%.
What sector is Strategy in?
Public Comps classifies Strategy under Software.
Where does Public Comps get Strategy's data?
Figures come from Strategy's own SEC filings, normalised into a consistent quarterly format and refreshed after each earnings release.