Operating Expenses
Total Operating Expenses
MicroStrategy Total Operating Expenses increased by 483.0% to $14.55B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 142.6%, from $6.00B to $14.55B. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2013
Last reportedQ1 2026
How to read this metric
Rising expenses without a corresponding rise in revenue can indicate operational bloat or aggressive expansion efforts.
Detailed definition
The sum of all costs required to run the business that are not directly tied to production, including R&D and SG&A. It r...
Peer comparison
Investors compare this to revenue to assess the 'operating leverage' of a business model.
Metric ID:
is_total_operating_expensesHistorical Data
17 periods
| Q2 '21 | Q3 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $516.56M | $155.34M | $263.56M | $1.01B | $93.92M | $1.34B | $114.28M | $119.99M | $128.05M | $288.93M | $280.78M | $514.30M | $9.63B | $6.00B | -$13.95B | -$3.80B | $14.55B |
| QoQ Change | — | -69.9% | +69.7% | +285.1% | -90.7% | >999% | -91.5% | +5.0% | +6.7% | +125.6% | -2.8% | +83.2% | >999% | -37.7% | -332.6% | +72.8% | +483.0% |
| YoY Change | — | — | — | +96.5% | -39.5% | — | -56.6% | -88.2% | +36.3% | +152.8% | +134.0% | +301.6% | — | >999% | <-999% | -838.9% | +142.6% |
Range-$13.95B – $14.55B
CAGR+130.4%
Avg YoY Growth-271.1%
Median YoY Growth+66.4%
Current Streak2 quarters growth
Business Segments
| Segment | Q1 '23 | Q2 '23 | Q3 '23 | Q1 '24 | Q2 '24 | Q3 '24 |
|---|---|---|---|---|---|---|
| Software Business | $94.49M | $95.52M | $93.73M | $96.12M | $99.24M | $100.18M |
| Total | $114.28M | $119.99M | $128.05M | $288.93M | $280.78M | $514.30M |
Software Business was previously reported and has since been discontinued or reclassified. Only currently active segments are shown in the chart.
Total Operating Expenses at Other Companies
Frequently Asked Questions
- What is MicroStrategy's total operating expenses?
- MicroStrategy (MSTR) reported total operating expenses of $14.55B in Q1 2026.
- How has MicroStrategy's total operating expenses changed year-over-year?
- MicroStrategy's total operating expenses increased by 142.6% year-over-year, from $6.00B to $14.55B.
- What does total operating expenses mean?
- The total cost of running the day-to-day business, excluding the direct cost of making products.