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Strategy is a bitcoin treasury company and a provider of business intelligence services. It is designed to provide investors varying degrees of economic exposure to Bitcoin by offering a range of securities, including equity and fixed-income instruments. The company also provide industry AI-powered enterprise analytics software.
1989
1.5K+
LTM Revenue $463M
LTM EBITDA $35.9M
$112B
Benchmark forward-looking revenue and EBITDA valuation multiples across generative AI, climate tech, semiconductors, online marketplaces, vertical SaaS and 220 more verticals.
Strategy has a last 12-month revenue of $463M and a last 12-month EBITDA of $35.9M.
In the most recent fiscal year, Strategy achieved revenue of $463M and an EBITDA of -$1.9B.
Strategy expects next 12-month revenue of XXX and NTM EBITDA of XXX
See Strategy valuation multiples based on analyst estimates| LTM | NTM | FY 2025 | FY 2026 | FY 2027 | |
|---|---|---|---|---|---|
| Revenue | $463M | XXX | XXX | XXX | XXX |
| Gross Profit | $331M | XXX | XXX | XXX | XXX |
| Gross Margin | 71% | XXX | XXX | XXX | XXX |
| EBITDA | $35.9M | XXX | XXX | XXX | XXX |
| EBITDA Margin | 8% | XXX | XXX | XXX | XXX |
| EBIT | -$3.0B | XXX | XXX | XXX | XXX |
| EBIT Margin | -657% | XXX | XXX | XXX | XXX |
| Net Profit | -$2.2B | XXX | XXX | XXX | XXX |
| Net Margin | -484% | XXX | XXX | XXX | XXX |
| Net Debt | $7.2B | XXX | XXX | XXX | XXX |
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As of May 30, 2025, Strategy's stock price is $371.
Strategy has current market cap of $103B, and EV of $112B.
See Strategy trading valuation data| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $112B | $103B | XXX | XXX | XXX | XXX | $-10.26 |
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Start Free TrialAs of May 30, 2025, Strategy has market cap of $103B and EV of $112B.
Strategy's trades at 242.4x EV/LTM Revenue multiple, and 3125.4x EV/LTM EBITDA.
Equity research analysts estimate Strategy's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Strategy has a P/E ratio of -45.8x.
See valuation multiples for Strategy and 10K+ public comps| LTM | NTM | FY 2025 | FY 2026 | FY 2027 | |
|---|---|---|---|---|---|
| Market cap (current) | $103B | XXX | XXX | XXX | XXX |
| EV (current) | $112B | XXX | XXX | XXX | XXX |
| EV/Revenue | 242.4x | XXX | XXX | XXX | XXX |
| EV/EBITDA | 3125.4x | XXX | XXX | XXX | XXX |
| EV/EBIT | -36.9x | XXX | XXX | XXX | XXX |
| EV/Gross Profit | 339.1x | XXX | XXX | XXX | XXX |
| P/E | -45.8x | XXX | XXX | XXX | XXX |
| EV/FCF | -2118.5x | XXX | XXX | XXX | XXX |
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Access all public comps and forward-looking valuation multiples like EV/Revenue in 2025, based on equity research analyst estimates.
Start Free TrialStrategy's last 12 month revenue growth is 2%
Strategy's revenue per employee for the last 12 months averaged $0.3M, while opex per employee averaged $0.3M for the same period.
Strategy's rule of 40 is -11% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Strategy's rule of X is 12% (another metric relevant for SaaS companies only, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
See operational valuation multiples for Strategy and other 10K+ public comps| LTM | NTM | FY 2025 | FY 2026 | FY 2027 | |
|---|---|---|---|---|---|
| Revenue Growth | 2% | XXX | XXX | XXX | XXX |
| EBITDA Margin | 8% | XXX | XXX | XXX | XXX |
| EBITDA Growth | 32% | XXX | XXX | XXX | XXX |
| Rule of 40 | -11% | XXX | XXX | XXX | XXX |
| Bessemer Rule of X | 12% | XXX | XXX | XXX | XXX |
| Revenue per Employee | $0.3M | XXX | XXX | XXX | XXX |
| Opex per Employee | $0.3M | XXX | XXX | XXX | XXX |
| S&M Expenses to Revenue | 30% | XXX | XXX | XXX | XXX |
| G&A Expenses to Revenue | n/a | XXX | XXX | XXX | XXX |
| R&D Expenses to Revenue | 26% | XXX | XXX | XXX | XXX |
| Opex to Revenue | 86% | XXX | XXX | XXX | XXX |
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Benchmark public comps and private revenue and EBITDA valuation multiples across GRC software, cloud infrastructure, DevOps, online marketplaces and so much more!
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| 2025E | 2026E | 2027E | 2025E | 2026E | 2027E | |
| Presight AI | XXX | XXX | XXX | XXX | XXX | XXX |
| Wolters Kluwer | XXX | XXX | XXX | XXX | XXX | XXX |
| Pointerra | XXX | XXX | XXX | XXX | XXX | XXX |
| Appen | XXX | XXX | XXX | XXX | XXX | XXX |
| Infomedia | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Strategy acquired XXX companies to date.
Last acquisition by Strategy was XXXXXXXX, XXXXX XXXXX XXXXXX . Strategy acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX ).
See M&A valuation multiples| Acquired Company | EV | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
Sign up to see revenue and EBITDA valuation multiples for 60K+ M&A deals.
Start Free Trial| When was Strategy founded? | Strategy was founded in 1989. |
| Where is Strategy headquartered? | Strategy is headquartered in United States of America. |
| How many employees does Strategy have? | As of today, Strategy has 1.5K+ employees. |
| Who is the CEO of Strategy? | Strategy's CEO is Mr. Phong Q. Le. |
| Is Strategy publicy listed? | Yes, Strategy is a public company listed on NAS. |
| What is the stock symbol of Strategy? | Strategy trades under MSTR ticker. |
| When did Strategy go public? | Strategy went public in 1998. |
| Who are competitors of Strategy? | Similar companies to Strategy include e.g. Presight AI, Wolters Kluwer, Pointerra, Appen. |
| What is the current market cap of Strategy? | Strategy's current market cap is $103B |
| What is the current revenue of Strategy? | Strategy's last 12 months revenue is $463M. |
| What is the current revenue growth of Strategy? | Strategy revenue growth (NTM/LTM) is 2%. |
| What is the current EV/Revenue multiple of Strategy? | Current revenue multiple of Strategy is 242.4x. |
| Is Strategy profitable? | Yes, Strategy is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Strategy? | Strategy's last 12 months EBITDA is $35.9M. |
| What is Strategy's EBITDA margin? | Strategy's last 12 months EBITDA margin is 8%. |
| What is the current EV/EBITDA multiple of Strategy? | Current EBITDA multiple of Strategy is 3125.4x. |
| What is the current FCF of Strategy? | Strategy's last 12 months FCF is -$53.0M. |
| What is Strategy's FCF margin? | Strategy's last 12 months FCF margin is -11%. |
| What is the current EV/FCF multiple of Strategy? | Current FCF multiple of Strategy is -2118.5x. |
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