TON Strategy (TONX) Cost of Revenue (2018 - 2026)

TON Strategy (TONX) posted Cost of Revenue of $1.3 million for Q1 2026, down 36.72% on a QoQ basis from $2.0 million in Q4 2025, and up 117.45% year-over-year from $596000.0 in Q1 2025.

TON Strategy (TONX) Cost of Revenue (2018 - 2026) Analysis & Trends

TON Strategy's Cost of Revenue history runs 9 years deep, the most recent figure standing at $1.3 million for Q1 2026.

  • Quarterly Cost of Revenue rose 117.45% year-over-year to $1.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $4.8 million (up 494.23% YoY) and the FY2025 annual result came in at $3.9 million, up 1638.39% from the prior year.
  • Cost of Revenue was $1.3 million for Q1 2026 at TON Strategy, down from $2.0 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $2.0 million in Q4 2025 and bottomed at $1000.0 in Q3 2022.
  • A 5-year average of $440764.7 and a median of $54000.0 in 2024 frame the typical range for Cost of Revenue.
  • Annual changes were most pronounced in 2022 — Cost of Revenue plunged 99.91% — and 2025, when it jumped 11820.0%.
  • TON Strategy's Cost of Revenue stood at $2000.0 in 2022, then surged by 500.0% to $12000.0 in 2023, then soared by 1016.67% to $134000.0 in 2024, then surged by 1428.36% to $2.0 million in 2025, then slumped by 36.72% to $1.3 million in 2026.
  • Business Quant data shows TONX's Cost of Revenue at $1.3 million in Q1 2026, $2.0 million in Q4 2025, and $888000.0 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Sap Se 199.59 Bn 179.36 Bn 8.16 Bn 3.02 Bn
2 Full Truck Alliance 193.24 Bn 190.53 Bn - -
3 Shopify 164.78 Bn 159.04 Bn 1.55 Bn 1.62 Bn
4 Salesforce 150.52 Bn 138.68 Bn 8.56 Bn 2.57 Bn
5 Uber Technologies 139.79 Bn 138.58 Bn 5.95 Bn 7.26 Bn
6 ServiceNow 109.10 Bn 104.44 Bn 2.82 Bn 1.17 Bn
7 Automatic Data Processing 102.68 Bn 99.45 Bn 2.87 Bn 3.07 Bn
8 Adobe 95.80 Bn 90.17 Bn 5.90 Bn 715.00 Mn
9 Snowflake 93.75 Bn 90.79 Bn 926.45 Mn 464.50 Mn
10 TON Strategy 192.96 Mn 157.84 Mn 3.96 Mn 1.30 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 1.30 Mn
Mar 31, 2026 1.30 Mn
Dec 31, 2025 2.05 Mn
Dec 31, 2025 2.05 Mn
Sep 30, 2025 888,000.00
Sep 30, 2025 888,000.00
Jun 30, 2025 611,000.00
Jun 30, 2025 611,000.00
Mar 31, 2025 596,000.00
Mar 31, 2025 596,000.00
Dec 31, 2024 134,000.00
Dec 31, 2024 134,000.00
Sep 30, 2024 54,000.00
Sep 30, 2024 54,000.00
Jun 30, 2024 31,000.00
Jun 30, 2024 31,000.00
Mar 31, 2024 5,000.00
Mar 31, 2024 5,000.00
Dec 31, 2023 12,000.00
Dec 31, 2023 12,000.00