Strategy annual capital expenditures (capex)
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Strategy Capital Expenditures (CapEx) Growth & History (MSTR)
Strategy's capital expenditures (capex) was $8.2M for fiscal 2025.
View full Strategy company overviewStrategy annual capital expenditures (capex) history
| Fiscal year | Period ended | Capital expenditures (CapEx) | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $8.2M | $5.2M | +175.76% |
| 2024 | 2024-12-31 | $3.0M | $40,000 | +1.36% |
| 2023 | 2023-12-31 | $2.9M | $452,000 | +18.18% |
| 2022 | 2022-12-31 | $2.5M | −$220,000 | −8.13% |
| 2021 | 2021-12-31 | $2.7M | −$945,000 | −25.88% |
| 2020 | 2020-12-31 | $3.7M | −$6.5M | −64.14% |
| 2019 | 2019-12-31 | $10.2M | $3.3M | +48.73% |
| 2018 | 2018-12-31 | $6.8M | $2.9M | +71.92% |
| 2017 | 2017-12-31 | $4.0M | $1.6M | +70.39% |
| 2016 | 2016-12-31 | $2.3M | −$1.1M | −32.92% |
| 2015 | 2015-12-31 | $3.5M | −$8.9M | −71.90% |
| 2014 | 2014-12-31 | $12.4M | $1.4M | +12.29% |
| 2013 | 2013-12-31 | $11.0M | −$18.6M | −62.72% |
| 2012 | 2012-12-31 | $29.6M | −$7.1M | −19.27% |
| 2011 | 2011-12-31 | $36.7M | $20.4M | +125.25% |
| 2010 | 2010-12-31 | $16.3M | −$2.0M | −10.82% |
| 2009 | 2009-12-31 | $18.3M | — | — |
Strategy quarterly capital expenditures (capex)
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Q2.26
| Fiscal quarter | Period ended | Capital expenditures (CapEx) | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $1.8M | −$327,000 | −15.62% |
| Q1 2026 | 2026-03-31 | $952,000 | −$1.8M | −65.22% |
| Q4 2025 | 2025-12-31 | $584,000 | $300,000 | +105.63% |
| Q3 2025 | 2025-09-30 | $2.8M | $2.4M | +556.57% |
| Q2 2025 | 2025-06-30 | $2.1M | $1.4M | +189.63% |
| Q1 2025 | 2025-03-31 | $2.7M | $1.2M | +77.15% |
| Q4 2024 | 2024-12-31 | $284,000 | −$63,000 | −18.16% |
| Q3 2024 | 2024-09-30 | $426,000 | −$1.0M | −70.68% |
| Q2 2024 | 2024-06-30 | $723,000 | $84,000 | +13.15% |
| Q1 2024 | 2024-03-31 | $1.5M | $1.0M | +209.62% |
| Q4 2023 | 2023-12-31 | $347,000 | −$288,000 | −45.35% |
| Q3 2023 | 2023-09-30 | $1.5M | $1.1M | +337.65% |
| Q2 2023 | 2023-06-30 | $639,000 | −$239,000 | −27.22% |
| Q1 2023 | 2023-03-31 | $499,000 | −$142,000 | −22.15% |
| Q4 2022 | 2022-12-31 | $635,000 | −$189,000 | −22.94% |
| Q3 2022 | 2022-09-30 | $332,000 | −$208,000 | −38.52% |
| Q2 2022 | 2022-06-30 | $878,000 | −$17,000 | −1.90% |
| Q1 2022 | 2022-03-31 | $641,000 | $194,000 | +43.40% |
| Q4 2021 | 2021-12-31 | $824,000 | −$1.7M | −66.89% |
| Q3 2021 | 2021-09-30 | $540,000 | $540,000 | — |
| Q2 2021 | 2021-06-30 | $895,000 | $394,000 | +78.64% |
| Q1 2021 | 2021-03-31 | $447,000 | −$214,000 | −32.38% |
| Q4 2020 | 2020-12-31 | $2.5M | $1.7M | +211.13% |
| Q3 2020 | 2020-09-30 | $0 | −$950,000 | — |
| Q2 2020 | 2020-06-30 | $501,000 | −$1.9M | −79.31% |
| Q1 2020 | 2020-03-31 | $661,000 | −$5.3M | −89.00% |
| Q4 2019 | 2019-12-31 | $800,000 | −$1.6M | −66.51% |
| Q3 2019 | 2019-09-30 | $950,000 | −$863,000 | −47.60% |
| Q2 2019 | 2019-06-30 | $2.4M | $1.1M | +79.33% |
| Q1 2019 | 2019-03-31 | $6.0M | $4.7M | +364.53% |
| Q4 2018 | 2018-12-31 | $2.4M | $689,000 | +40.53% |
| Q3 2018 | 2018-09-30 | $1.8M | $998,000 | +122.45% |
| Q2 2018 | 2018-06-30 | $1.4M | $703,000 | +108.66% |
| Q1 2018 | 2018-03-31 | $1.3M | $474,000 | +57.80% |
| Q4 2017 | 2017-12-31 | $1.7M | $923,000 | +118.79% |
| Q3 2017 | 2017-09-30 | $815,000 | $190,000 | +30.40% |
| Q2 2017 | 2017-06-30 | $647,000 | −$95,000 | −12.80% |
| Q1 2017 | 2017-03-31 | $820,000 | $627,000 | +324.87% |
| Q4 2016 | 2016-12-31 | $777,000 | $645,000 | +488.64% |
| Q3 2016 | 2016-09-30 | $625,000 | $527,000 | +537.76% |
| Q2 2016 | 2016-06-30 | $742,000 | −$977,000 | −56.84% |
| Q1 2016 | 2016-03-31 | $193,000 | −$1.3M | −87.43% |
| Q4 2015 | 2015-12-31 | $132,000 | −$412,000 | −75.74% |
| Q3 2015 | 2015-09-30 | $98,000 | −$7.6M | −98.72% |
| Q2 2015 | 2015-06-30 | $1.7M | −$789,000 | −31.46% |
| Q1 2015 | 2015-03-31 | $1.5M | −$141,000 | −8.41% |
| Q4 2014 | 2014-12-31 | $544,000 | −$480,000 | −46.88% |
| Q3 2014 | 2014-09-30 | $7.7M | $6.6M | +598.72% |
| Q2 2014 | 2014-06-30 | $2.5M | −$916,000 | −26.75% |
| Q1 2014 | 2014-03-31 | $1.7M | −$3.8M | −69.51% |
| Q4 2013 | 2013-12-31 | $1.0M | −$1.7M | −62.59% |
| Q3 2013 | 2013-09-30 | $1.1M | −$2.5M | −69.65% |
| Q2 2013 | 2013-06-30 | $3.4M | −$7.0M | −67.01% |
| Q1 2013 | 2013-03-31 | $5.5M | −$7.4M | −57.34% |
| Q4 2012 | 2012-12-31 | $2.7M | −$4.8M | −63.81% |
| Q3 2012 | 2012-09-30 | $3.6M | −$6.7M | −64.95% |
| Q2 2012 | 2012-06-30 | $10.4M | −$4.1M | −28.32% |
| Q1 2012 | 2012-03-31 | $12.9M | $8.6M | +197.90% |
| Q4 2011 | 2011-12-31 | $7.6M | — | — |
| Q3 2011 | 2011-09-30 | $10.3M | $2.8M | +37.44% |
| Q2 2011 | 2011-06-30 | $14.5M | — | — |
| Q1 2011 | 2011-03-31 | $4.3M | — | — |
| Q3 2010 | 2010-09-30 | $7.5M | — | — |
Strategy capital expenditures (capex) trends
Over the last five fiscal years, Strategy's capital expenditures (capex) increased from $3.7M to $8.2M, a change of $4.6M. The latest reported quarter, Q2 2026, shows $1.8M.
About the metric
What capital expenditures (CapEx) mean
Capital expenditures, commonly called CapEx, are cash investments in long-lived assets such as property, plants, equipment, infrastructure, and productive software. CapEx can support future growth or maintain existing operations, but it reduces current-period free cash flow.
Calculation and source
SEC-reported capital expenditures
TickerStat standardizes cash payments for property, plant, equipment, and other productive assets reported in company SEC filings. When a filer reports separate qualifying CapEx components instead of a total, those components are combined for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Strategy source filings ↗Community posts
Strategy doubles preferred-securities buyback authorisation to $2 billion
Strategy’s ($MSTR) board increased its digital credit securities repurchase authorisation from $1 billion to $2 billion, including purchases already made. The programme covers preferred securities, not MSTR common shares. The accompanying w ...