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
$91.1M / $149.4M
FY2021-FY2025
Trend
+15.4%
vs FY2024
Sector context
#26 of 38
Financials
What the data says
At $149M, Strategy Inc's cost of revenue ranks #13 of 38 in the Financials sector. Cost of Revenue has increased for 3 consecutive years, from $91M in FY2022 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
- +18.0%
- 5-Year CAGR
- +10.4%
- 10-Year CAGR
- -
Sector benchmark
#13 of 38 in FinancialsTop 32% of 38This company $149.4M Sector average $1.3B
▼
-88.3% below sector average
Key checks
Key Insights
- Strategy Inc's cost of revenue has grown for 3 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 38 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 | +20.7% |
| FY2022 | $91.1M | -8.9% |
| FY2021 | $100.0M | +9.8% |
| FY2020 | $91.1M | -5.8% |
| FY2019 | $96.6M | +3.8% |
| FY2018 | $93.1M | -3.6% |
| FY2017 | $96.6M | -28.5% |
| FY2016 | $135.2M | -2.4% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026