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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 $467M
LTM EBITDA $37.4M
$101B
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 $467M and a last 12-month EBITDA of $37.4M.
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| FY 2023 | FY 2024 | FY 2025 | LTM | NTM | |
|---|---|---|---|---|---|
| Revenue | $496M | $463M | XXX | XXX | XXX |
| Gross Profit | $396M | $386M | XXX | XXX | XXX |
| Gross Margin | 80% | 83% | XXX | XXX | XXX |
| EBITDA | -$61.0M | -$1.9B | XXX | XXX | XXX |
| EBITDA Margin | -12% | -400% | XXX | XXX | XXX |
| Net Profit | -$1.5B | $429M | XXX | XXX | XXX |
| Net Margin | -296% | 93% | XXX | XXX | XXX |
| Net Debt | $2.3B | $2.1B | XXX | XXX | XXX |
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As of April 25, 2025, Strategy's stock price is $350.
Strategy has current market cap of $94.2B, and EV of $101B.
See Strategy trading valuation data| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $101B | $94.2B | XXX | XXX | XXX | XXX | $-4.28 |
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Sign UpAs of April 25, 2025, Strategy has market cap of $94.2B and EV of $101B.
Strategy's trades at 217.2x LTM EV/Revenue multiple, and 2711.1x LTM EBITDA.
Analysts estimate Strategy's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See valuation multiples for Strategy and 10K+ public comps| FY 2024 | FY 2025E | FY 2026E | FY 2027E | |
|---|---|---|---|---|
| EV | $101B | XXX | XXX | XXX |
| EV/Revenue | 218.8x | XXX | XXX | XXX |
| EV/EBITDA | -54.7x | XXX | XXX | XXX |
| P/E | -80.7x | XXX | XXX | XXX |
| P/E/Growth | n/a | XXX | XXX | XXX |
| EV/FCF | -4.6x | 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.
Sign UpStrategy's NTM/LTM revenue growth is 3%
Strategy's revenue per employee for the last fiscal year averaged $0.3M, while opex per employee averaged $0.3M for the same period.
Over next 12 months, Strategy's ratio of sales and marketing spend to revenue is estimated to be XXX , while its R&D spend to revenue to be XXX .
Analysts estimate Strategy's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See operational valuation multiples for Strategy and other 10K+ public comps| FY 2024 | NTM | FY 2025E | FY 2026E | FY 2027E | |
|---|---|---|---|---|---|
| Revenue Growth | -7% | XXX | XXX | XXX | XXX |
| EBITDA Margin | -400% | XXX | XXX | XXX | XXX |
| EBITDA Growth | 2938% | XXX | XXX | XXX | XXX |
| Rule of 40 (SaaS-only) | -397% | 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 | 30% | 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 |
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Sign Up| 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 $94.2B |
| What is the current revenue of Strategy? | Strategy's last 12-month revenue is $467M. |
| What is the current EBITDA of Strategy? | Strategy's last 12-month EBITDA is $37.4M. |
| What is the current EV/Revenue multiple of Strategy? | Current revenue multiple of Strategy is 217.2x. |
| What is the current EV/EBITDA multiple of Strategy? | Current EBITDA multiple of Strategy is 2711.1x. |
| What is the current revenue growth of Strategy? | Strategy revenue growth between 2023 and 2024 was -7%. |
| Is Strategy profitable? | Yes, Strategy is EBITDA-positive (as of the last 12 months). |
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