What is MicroStrategy's capex?

MicroStrategy (MSTR) reported capex of $952K in Q1 2026.

How has MicroStrategy's capex changed year-over-year?

MicroStrategy's capex decreased by 65.2% year-over-year, from $2.74M to $952K.

What does capex mean?

Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

MicroStrategy MSTR CapEx

CapEx at other companies

International Business MachinesIBM

$232M-4.9%

SalesforceCRM

$145M-19.0%

OracleORCL

$16.49B+81.6%

Asset EntitiesASST

$0-100%

BlackrockBLK

$106M+35.9%

Twenty One Capital XXI

$713.2M—

Other financials

Income statement

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Revenue$124.3M+11.9%

Gross profit$83.4M+8.1%

Operating income-$14.5B-144%

Net income-$12.5B-197%

EPS (diluted)-$38.25-132%

Balance sheet

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Cash & equivalents$2.2B+3,561%

Total debt$8.3B+0.8%

Total equity$36.7B+13.7%

Total assets$54.3B+23.6%

Cash flow

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Operating cash flow$14.0M+686%

Free cash flow$13.0M+354%

Valuation

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Market cap$30.53B-70.4%

Enterprise value$36.58B-67.2%

P/S63.8×+40.3×

Profitability

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Gross margin72%-3.6pp

Operating margin518.9%—

Net margin1,663.1%+1,587pp

FCF margin-17.5%—

Returns & leverage

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Return on equity28.2%+20.4pp

Debt / equity0.2×0.0×

Current ratio6.1×+5.4×

Where this comes from

Reported directly by MicroStrategy in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

The official record: MicroStrategy’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is MicroStrategy's capex?: MicroStrategy (MSTR) reported capex of $952K in Q1 2026.
How has MicroStrategy's capex changed year-over-year?: MicroStrategy's capex decreased by 65.2% year-over-year, from $2.74M to $952K.
What does capex mean?: Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.