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Strategy Long-Term Debt 2019-2026 | MSTR

Annual FY2019–FY2025 · quarterly through Q3 FY2026

Latest annual · FY2025

$8.19B

+13.9%YoY vs FY2024Source: 10-KFY2025

From $0 in FY2019 to $8.19B in FY2025.

By quarter▲▼ vs a year before
Fiscal yearQ1Q2Q3Q4
FY26$8.2B+0.7%$6.7B−17.8%$6.7B−17.8%Not reported
FY25$8.1B+128.7%$8.2B+112.1%$8.2B+94.0%$8.2B+13.9%
FY24$3.6B+63.6%$3.8B+76.7%$4.2B+93.2%$7.2B+229.5%
FY23$2.2B−7.9%$2.2B−8.3%$2.2B−8.3%$2.2B−8.2%
FY22$2.4B+37.0%$2.4B+10.4%$2.4B+10.4%$2.4B+10.4%

Shaded by size: darkest is the largest quarter shown; ringed is the latest reported; a dash marks a quarter with no separate figure. Each quarter sits by its period-end date.

Key Statistics

Trend DirectionGrowing
CAGR

+75.9%

FY2020
$486.4M
FY2025
$8.19B

5 years selected · on the chart

Long-Term Debt History

Year-over-year comparison from 10-K annual reports

  1. $8.19B
YoY changeLargest recent move+343.1%in FY21Latest +13.9%

2 older moves run past ±150% (largest +343.1%); point at, tap or drag across the bars to read one.

Long-Term Debt, period by period

PeriodValueChangeSource
FY2025$8.19B+13.9%10-K
FY2024$7.19B+229.5%10-K
FY2023$2.18B−8.2%10-K
FY2022$2.38B+10.4%10-K
FY2021$2.16B+343.1%10-K
FY2020$486.4M—10-K
FY2019$0—10-K

What is long-term debt?

Long-term debt includes bonds, mortgages, and other borrowings with maturities greater than one year.

What is Strategy's current long-term debt?

Strategy (MSTR) annual long-term debt for 2025 was $8.19B, a 13.88% increase from 2024. Strategy long-term debt for the quarter ending September 30, 2026 was $6.72B.

What was Strategy's long-term debt in 2024?

Strategy annual long-term debt for 2024 was $7.19B, a 229.50% increase from 2023.

What was Strategy's long-term debt in 2023?

Strategy annual long-term debt for 2023 was $2.18B, a 8.24% decline from 2022.

What is Strategy's 5-year long-term debt CAGR?

Strategy long-term debt grew at a compound annual growth rate (CAGR) of 75.90% from FY2020 to FY2025, going from $486.4M to $8.19B over 5 years.

Company
Strategy
Ticker
MSTR
Sector
Other
Industry
Finance Services