Free Cash Flow CAGR:132.62%(TTM)
Free cash flow CAGR uses precomputed cash-flow statement history.
Over longer horizons, Free Cash Flow CAGR averages 132.62% over 3 years and 132.62% over 5 years.The TTM figure compares the trailing 12 months (sum of the latest four quarters) with the 12 months before that. Rows in the history table compare fiscal years, and the quarterly table compares single quarters; the three measure different windows and will differ. Free cash flow CAGR measures how the company's cash generation has grown. FCF represents the cash available for dividends, buybacks, debt reduction, or reinvestment.
MSTR Free Cash Flow CAGR Chart
Strategy Inc (MSTR)
MSTR Quarterly Free Cash Flow Growth (YoY)
Free Cash Flow growth vs the same quarter one year earlier, last 20 quarters.
MSTR Free Cash Flow CAGR History
| Year | Start FCF | End FCF | Change | % Change | CAGR |
|---|---|---|---|---|---|
| 2025 | $-22.14B | $-22.58B | $-440.27M | N/A | N/A |
| 2024 | $-1.89B | $-22.14B | $-20.25B | N/A | N/A |
| 2023 | $-287.20M | $-1.89B | $-1.61B | N/A | N/A |
| 2022 | $-2.54B | $-287.20M | +$2.25B | N/A | N/A |
| 2021 | $-1.08B | $-2.54B | $-1.46B | N/A | N/A |
| 2020 | $50.69M | $-1.08B | $-1.13B | -2221.01% | N/A |
| 2019 | $3.78M | $50.69M | +$46.90M | +1240.52% | +1240.52% |
| 2018 | $74.34M | $3.78M | $-70.56M | -94.91% | -94.91% |
| 2017 | $108.25M | $74.34M | $-33.91M | -31.33% | -31.33% |
| 2016 | $136.62M | $108.25M | $-28.36M | -20.76% | -20.76% |
| 2015 | $-6.20M | $136.62M | +$142.81M | N/A | N/A |
| 2014 | $13.45M | $-6.20M | $-19.65M | -146.05% | N/A |
| 2013 | $12.12M | $13.45M | +$1.34M | +11.05% | +11.05% |
| 2012 | $18.22M | $12.12M | $-6.10M | -33.49% | -33.49% |
| 2011 | $57.35M | $18.22M | $-39.13M | -68.24% | -68.24% |
| 2010 | $73.96M | $57.35M | $-16.61M | -22.46% | -22.46% |
| 2009 | $45.18M | $73.96M | +$28.78M | +63.72% | +63.72% |
| 2008 | $91.77M | $45.18M | $-46.59M | -50.77% | -50.77% |
| 2007 | $99.61M | $91.77M | $-7.84M | -7.87% | -7.87% |
| 2006 | $100.64M | $99.61M | $-1.03M | -1.02% | -1.02% |
| 2005 | $79.91M | $100.64M | +$20.73M | +25.95% | +25.95% |
| 2004 | $32.46M | $79.91M | +$47.45M | +146.15% | +146.15% |
| 2003 | $-6.99M | $32.46M | +$39.45M | N/A | N/A |
| 2002 | $-6.75M | $-6.99M | $-236.00K | N/A | N/A |
| 2001 | $-129.89M | $-6.75M | +$123.14M | N/A | N/A |
| 2000 | $-23.64M | $-129.89M | $-106.25M | N/A | N/A |
| 1999 | $-11.84M | $-23.64M | $-11.80M | N/A | N/A |
| 1998 | $-999.00K | $-11.84M | $-10.84M | N/A | N/A |
Quarterly Free Cash Flow: QoQ & YoY
| Quarter | Value | QoQ | YoY |
|---|---|---|---|
| Q1 2026 | $13.04M | — | — |
| Q4 2025 | -$3.12B | — | +82.8% |
| Q3 2025 | $14.45B | — | — |
| Q2 2025 | -$6.82B | +11.1% | -734.1% |
| Q1 2025 | -$7.67B | +57.6% | -375.9% |
| Q4 2024 | -$18.09B | -1019.3% | -1390.9% |
| Q3 2024 | -$1.62B | -97.6% | -847.9% |
| Q2 2024 | -$817.88M | +49.3% | -123.4% |
| Q1 2024 | -$1.61B | -32.9% | -1032.4% |
| Q4 2023 | -$1.21B | -611.6% | -1512.1% |
| Q3 2023 | -$170.53M | +53.4% | -2096.4% |
| Q2 2023 | -$366.11M | -157.1% | -1055.0% |
| Q1 2023 | -$142.38M | -89.1% | +17.4% |
| Q4 2022 | -$75.28M | -869.6% | +87.2% |
| Q3 2022 | -$7.76M | +75.5% | +98.1% |
| Q2 2022 | -$31.70M | +81.6% | +93.9% |
QoQ = change vs the prior quarter; YoY = change vs the same quarter a year earlier.
About Strategy Inc
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. The company also provides AI-powered enterprise analytics software, including Strategy One, which provides non-technical users with the ability to directly access novel and actionable insights for decision-making. In addition, the company provides Strategy Mosaic, a universal intelligence layer that offers enterprises with consistent definitions and governance across data sources, regardless of where that data resides or which tools access it. The company was formerly known as MicroStrategy Incorporated and changed its name to Strategy Inc in August 2025. The company was incorporated in 1989 and is headquartered in Tysons Corner, Virginia.
- Sector
- Technology
- Industry
- Software - Application
- CEO
- Phong Le