License — Total cost of revenues
MicroStrategy License — Total cost of revenues increased by 89.2% to $1.20M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 24.1%, from $964.00K to $1.20M. Over 4 years (FY 2021 to FY 2025), License — Total cost of revenues shows an upward trend with a 7.5% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
An increase relative to revenue suggests declining margins or rising delivery costs, while a decrease relative to revenue indicates improved operational efficiency or economies of scale.
Detailed definition
This metric captures the direct costs associated with delivering and supporting the product licenses sold within a speci...
Peer comparison
Comparable to cost of goods sold (COGS) for software products at other technology companies, excluding costs associated with cloud hosting or recurring service delivery.
mstr_segment_product_licenses_total_cost_of_revenuesHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $419.00K | $383.00K | $430.00K | $477.00K | $431.00K | $406.00K | $288.00K | $534.00K | $444.00K | $342.00K | $226.00K | $567.00K | $794.00K | $769.00K | $158.00K | $964.00K | $1.17M | $632.00K | $1.20M |
| QoQ Change | — | -8.6% | +12.3% | +10.9% | -9.6% | -5.8% | -29.1% | +85.4% | -16.9% | -23.0% | -33.9% | +150.9% | +40.0% | -3.1% | -79.5% | +510.1% | +21.3% | -45.9% | +89.2% |
| YoY Change | — | — | — | — | +2.9% | +6.0% | -33.0% | +11.9% | +3.0% | -15.8% | -21.5% | +6.2% | +78.8% | +124.9% | -30.1% | +70.0% | +47.2% | -17.8% | +24.1% |
Similar Metrics at Other Companies
Frequently Asked Questions
- What is MicroStrategy's license — total cost of revenues?
- MicroStrategy (MSTR) reported license — total cost of revenues of $1.20M in Q1 2026.
- How has MicroStrategy's license — total cost of revenues changed year-over-year?
- MicroStrategy's license — total cost of revenues increased by 24.1% year-over-year, from $964.00K to $1.20M.
- What is the long-term trend for MicroStrategy's license — total cost of revenues?
- Over 4 years (2021 to 2025), MicroStrategy's license — total cost of revenues has grown at a 7.5% compound annual growth rate (CAGR), from $2.29M to $3.06M.
- What does license — total cost of revenues mean?
- The direct costs incurred to produce and deliver software licenses to customers.