Company / Gross Margin
Strategy Inc Gross Margin History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Gross Margin
68.7%
FY2025
5-year range
68.7% / 81.1%
FY2021-FY2025
Trend
-4.7%
vs FY2024
Sector context
#4 of 21
Financials
What the data says
Strategy Inc's gross margin of 68.7% is higher than 81% of companies in the Financials sector (FY2025). Gross Margin has declined for 3 consecutive years, from 81.1% in FY2022 to 68.7% in FY2025.
Based on SEC 10-K filings.
68.7% in FY2025 with a 5-year CAGR of -12.4%. Top quartile in the Financials sector.
Declined from 77.8% to 68.7% over the past 2 years.
Financials sector context is included.
Gross Margin over time
Growth rates
- 3-Year Change
- -12.4pp
- 5-Year Change
- -12.4pp
- 10-Year Change
- -
Sector benchmark
Top 19% in FinancialsTop 19% of 21This company 68.7% Sector average 46.2%
▼
+48.8% above sector average
Key checks
Key Insights
- Strategy Inc's gross margin has declined for 3 consecutive years.
- In FY2025, gross margin decreased 4.7% year-over-year.
- Currently 22.5pp above the Financials sector average.
- Peak gross margin was recorded in FY2018.
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 | Gross MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | 68.7% | -4.7% |
| FY2024 | 72.1% | -7.4% |
| FY2023 | 77.8% | -4.0% |
| FY2022 | 81.1% | +2.0% |
| FY2021 | 79.4% | -2.0% |
| FY2020 | 81.1% | +0.3% |
| FY2019 | 80.8% | -1.3% |
| FY2018 | 81.9% | +1.3% |
| FY2017 | 80.8% | +5.4% |
| FY2016 | 76.7% | +1.0% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026