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% / 82.0%
FY2021-FY2025
Trend
-4.7%
vs FY2024
Sector context
#4 of 20
Financials
What the data says
Strategy Inc's gross margin of 68.7% is higher than 80% of companies in the Financials sector (FY2025). Gross Margin has declined for 4 consecutive years, from 82.0% in FY2021 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
- -10.7pp
- 5-Year Change
- -12.4pp
- 10-Year Change
- -
Sector benchmark
Top 20% in FinancialsTop 20% of 20This company 68.7% Sector average 49.6%
▼
+38.5% above sector average
Key checks
Key Insights
- Strategy Inc's gross margin has declined for 4 consecutive years.
- In FY2025, gross margin decreased 4.7% year-over-year.
- Currently 19.1pp above the Financials sector average.
- Peak gross margin was recorded in FY2021.
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% | -1.9% |
| FY2022 | 79.4% | -3.2% |
| FY2021 | 82.0% | +1.2% |
| FY2020 | 81.1% | +2.0% |
| FY2019 | 79.4% | -0.7% |
| FY2018 | 80.0% | -1.0% |
| FY2017 | 80.8% | -1.3% |
| FY2016 | 81.9% | +1.2% |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026