v3.25.4

Property and Equipment - Summary of Property and Equipment (Details) - USD ($) $ in Thousands	Dec. 31, 2025	Dec. 31, 2024
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 146,575	$ 159,645
Less: accumulated depreciation and amortization	(117,717)	(133,318)
Property and equipment, net	28,858	26,327
Corporate aircraft and related equipment
Property, Plant and Equipment [Line Items]
Property and equipment, gross	48,996	48,645
Computer equipment and purchased software
Property, Plant and Equipment [Line Items]
Property and equipment, gross	47,679	61,828
Furniture and equipment
Property, Plant and Equipment [Line Items]
Property and equipment, gross	11,942	9,708
Leasehold improvements
Property, Plant and Equipment [Line Items]
Property and equipment, gross	31,989	29,547
Internally developed software
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 5,969	$ 9,917

Amount of accumulated depreciation, depletion and amortization for physical assets used in the normal conduct of business to produce goods and services.

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Amount before accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures.

+ References

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Strategy Inc 10-K