Strategy (BSP:M2ST34) Total Operating Expense: R$2,021 Mil (TTM As of Mar. 2026)


BSP:M2ST34 Strategy Inc BSP:M2ST34
37 GF Score
Price R$7.03
GF Value R$8.90
Valuation Modestly Undervalued
! 8 Warning Signs
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What is Strategy Total Operating Expense?

Strategy BSP:M2ST34 -9.99% 37 Total Operating Expense is R$2,021 Mil as of Mar. 2026. GuruFocus rates BSP:M2ST34 with a GF Score™ of 37/100 and a GF Value™ of R$8.90 (Modestly Undervalued). The stock has 8 warning signs investors should review.

Strategy's Total Operating Expense for the three months ended in Mar. 2026 was R$514 Mil. Strategy's Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 was R$2,021 Mil.

Strategy Total Operating Expense Related Terms

Strategy Total Operating Expense Historical Data

* Premium members only.

The historical data trend for Strategy's Total Operating Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Strategy Total Operating Expense Chart

Strategy Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,107.92 2,023.31 1,888.94 2,422.73 2,011.65

Strategy Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Operating Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 532.64 522.76 486.33 497.99 514.04
BSP:M2ST34
37GF Score
Strategy Inc BSP:M2ST34
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Strategy Total Operating Expense Calculation

Total Operating Expense is the primary recurring expense associated with central operations that are incurred in order to generate sales.


Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was R$2,021 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Total Operating Expense of R$2,021 Mil mean?
Strategy (BSP:M2ST34) has a Total Operating Expense of R$2,021 Mil as of Mar. 2026. Total operating expense is the primary recurring expense associated with central operations. View historical data on Strategy and its competitors.
Is Strategy's Total Operating Expense too high?
Strategy's current Total Operating Expense is R$2,021 Mil. Overall, Strategy has a GF Score™ of 37/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Strategy's Total Operating Expense compare to ADSK and WDAY?
Strategy's Total Operating Expense of R$2,021 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Operating Expense for a Software company?
A good Total Operating Expense depends on the Software industry context. However, Total Operating Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Operating Expense mean?
A high Total Operating Expense can signal that a stock is expensive relative to its fundamentals. Total operating expense is the primary recurring expense associated with central operations. View historical data on Strategy and its competitors. Strategy's current Total Operating Expense is R$2,021 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Strategy stock overvalued right now?
Based on GuruFocus' analysis, Strategy (BSP:M2ST34) is currently considered Modestly Undervalued. The stock's GF Value™ is R$8.90, compared to a current price of R$7.03 — trading 21% below its estimated fair value. The current Total Operating Expense is R$2,021 Mil. Strategy's overall GF Score™ is 37/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Operating Expense calculated?
Total Operating Expense is calculated from a company's financial statements. For Strategy (BSP:M2ST34), the current Total Operating Expense is R$2,021 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Strategy (BSP:M2ST34) Overvalued in 2026?

Based on GuruFocus' analysis, Strategy stock appears to be undervalued. The current stock price of R$7.03 is trading 21% below its estimated GF Value™ of R$8.90. GuruFocus considers Strategy to be Modestly Undervalued.

Key valuation signals for BSP:M2ST34:

  • Total Operating Expense: R$2,021 Mil
  • GF Value™: R$8.90 vs. price of R$7.03 (21% below fair value)
  • GF Score™: 37/100 with 8 warning signs

No single metric tells the full story. See the BSP:M2ST34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Strategy Business Description

Address 1850 Towers Crescent Plaza, Tysons Corner, VA, USA, 22182
Strategy Inc is a bitcoin treasury company and a provider of business intelligence services. It is designed to provide investors varying degrees of economic exposure to Bitcoin by offering a range of securities, including equity and fixed-income instruments. The company also provides industry AI-powered enterprise analytics software. It has one reportable operating segment: the Software Business, which is engaged in the design, development, marketing, and sales of the company's enterprise analytics software platform through cloud subscriptions and licensing arrangements and related services (i.e., product support, consulting, and education). Geographically, the company operates in EMEA, U.S. and Other Regions, of which maximum revenue is derived from U.S..
37GF Score

Get the complete analysis for BSP:M2ST34

Total Operating Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$7.03
Price
R$8.90
GF Value