TON Strategy (TONX) Accumulated Expenses (2013 - 2026)
TON Strategy (TONX) recorded Accumulated Expenses of $1.03 million in Q1 2026, down 55.3% from $2.31 million a year earlier but up 75.6% from the prior quarter.
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Analysis
TON Strategy (TONX) Accumulated Expenses (2013 - 2026) Analysis & Trends
At the end of FY2025, TON Strategy reported Accumulated Expenses of $589,000, down 74.7% from FY2024.
- Annual Accumulated Expenses has a four-year compound annual growth rate of -36.0% (FY2021 to FY2025).
- Across earlier years, Accumulated Expenses came in at $2.33 million in FY2024 (+0.1%), $2.32 million in FY2023 (+341.8%), $526,000 in FY2022 (-85.0%) and $3.5 million in FY2021.
- Quarterly Accumulated Expenses has ranged from $526,000 in Q4 2022 to $3.5 million in Q4 2021 over the past five years.
- On a year-over-year basis, Accumulated Expenses has declined for five consecutive quarters, with an average decline of 11.6% over the last eight quarters.
- Peak year-over-year performance for Accumulated Expenses in the last five years was growth of 341.8% in Q4 2023, against a decline of 85.0% in Q4 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at $589,000 (Q4 2025), $2.1 million (Q3 2025) and $2.06 million (Q2 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Block | 53.33 Bn | 25.10 Bn | 3.24 Bn |
| 2 | PayPal Holdings | 51.08 Bn | 9.78 Bn | - |
| 3 | Coinbase Global | 36.00 Bn | -3.64 Bn | - |
| 4 | Fiserv | 33.73 Bn | 30.93 Bn | 2.76 Bn |
| 5 | Corpay | 30.05 Bn | 18.87 Bn | - |
| 6 | Global Payments | 25.91 Bn | 728.97 Mn | 2.01 Bn |
| 7 | Guidewire Software | 13.54 Bn | 10.10 Bn | 269.68 Mn |
| 8 | Chime Financial | 12.44 Bn | 8.13 Bn | 646.07 Mn |
| 9 | Jack Henry & Associates | 12.30 Bn | 12.20 Bn | 273.85 Mn |
| 10 | TON Strategy | 171.21 Mn | 171.21 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 1.03 Mn |
| Dec 31, 2025 | 589,000.00 |
| Sep 30, 2025 | 2.10 Mn |
| Jun 30, 2025 | 2.06 Mn |
| Mar 31, 2025 | 2.31 Mn |
| Dec 31, 2024 | 2.33 Mn |
| Sep 30, 2024 | 2.25 Mn |
| Jun 30, 2024 | 2.18 Mn |
| Mar 31, 2024 | 2.64 Mn |
| Dec 31, 2023 | 2.86 Mn |
| Sep 30, 2023 | 2.08 Mn |
| Jun 30, 2023 | 1.43 Mn |
| Mar 31, 2023 | 1.90 Mn |
| Dec 31, 2022 | 759,000.00 |
| Sep 30, 2022 | 2.10 Mn |
| Jun 30, 2022 | 1.78 Mn |
| Mar 31, 2022 | 3.42 Mn |
| Dec 31, 2021 | 3.50 Mn |
| Sep 30, 2021 | 8,000.00 |
| Jun 30, 2021 | 135,000.00 |
API Access
TON Strategy Accumulated Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=TONX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "accumulated-expenses", "ticker": "TONX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=TONX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();