Company / Cost of Revenue
Strategy Inc Cost of Revenue History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Cost of Revenue
$149.4M
FY2025
5-year range
$91.9M / $149.4M
FY2021-FY2025
Trend
+15.4%
vs FY2024
Sector context
#26 of 36
Financials
What the data says
At $149M, Strategy Inc's cost of revenue ranks #11 of 36 in the Financials sector. Cost of Revenue has increased for 5 consecutive years, from $91M in FY2020 to $149M in FY2025.
Based on SEC 10-K filings.
$149M in FY2025 with a 5-year CAGR of +10.4%.
Increased from $110M to $149M over the past 2 years.
Financials sector context is included.
Cost of Revenue over time
Growth rates
- 3-Year CAGR
- +13.2%
- 5-Year CAGR
- +10.4%
- 10-Year CAGR
- -
Sector benchmark
#11 of 36 in FinancialsTop 28% of 36This company $149.4M Sector average $1.3B
▼
-88.9% below sector average
Key checks
Key Insights
- Strategy Inc's cost of revenue has grown for 5 consecutive years.
- 5-year CAGR of +10.4%, indicating consistent growth.
- In FY2025, cost of revenue increased 15.4% year-over-year.
- Ranks #26 out of 36 companies in the Financials sector.
Company context
Key Data Points
- Altman Z-Score 0.96 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Cost of RevenueValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $149.4M | +15.4% |
| FY2024 | $129.5M | +17.8% |
| FY2023 | $109.9M | +6.8% |
| FY2022 | $103.0M | +12.1% |
| FY2021 | $91.9M | +0.9% |
| FY2020 | $91.1M | -8.9% |
| FY2019 | $100.0M | +0.5% |
| FY2018 | $99.5M | +2.9% |
| FY2017 | $96.6M | +3.8% |
| FY2016 | $93.1M | -7.9% |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026