TON Strategy (TONX) EBITDA (2014 - 2026)
TON Strategy (TONX) reported EBITDA of -$3.87 million for Q1 2026, compared with -$2.37 million a year earlier.
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Analysis
TON Strategy (TONX) EBITDA (2014 - 2026) Analysis & Trends
Over the twelve months ended Mar 31, 2026, TON Strategy's EBITDA came in at -$36.63 million; for FY2025, it was -$35.14 million.
- By year, EBITDA came in at -$10.57 million in FY2024, -$11.46 million in FY2023, -$17.77 million in FY2022 and -$32.04 million in FY2021.
- Five-year quarterly EBITDA spans a low of -$21.37 million in Q3 2025 and a high of -$2.04 million in Q3 2024.
- Per Business Quant data, the three quarters before Q1 2026 came in at -$8.8 million (Q4 2025), -$21.37 million (Q3 2025) and -$2.6 million (Q2 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Coinbase Global | 50.59 Bn | 7.40 Bn | - | -66.41 Mn |
| 2 | PayPal Holdings | 46.79 Bn | 5.01 Bn | - | 1.67 Bn |
| 3 | Block | 44.05 Bn | 15.31 Bn | 3.17 Bn | 541.92 Mn |
| 4 | Iren | 31.74 Bn | 19.34 Bn | 103.89 Mn | -508.30 Mn |
| 5 | Corpay | 26.01 Bn | 16.21 Bn | - | 590.60 Mn |
| 6 | Fiserv | 24.47 Bn | 21.17 Bn | 2.90 Bn | 1.87 Bn |
| 7 | Global Payments | 22.51 Bn | 952.73 Mn | 2.03 Bn | 1.25 Bn |
| 8 | Bitmine Immersion Technologies | 15.56 Bn | 12.94 Bn | 40.81 Mn | -11.48 Mn |
| 9 | Guidewire Software | 11.90 Bn | 8.47 Bn | 269.68 Mn | 78.84 Mn |
| 10 | TON Strategy | 224.99 Mn | 86.09 Mn | 3.96 Mn | -3.87 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | -3.87 Mn |
| Dec 31, 2025 | -8.80 Mn |
| Sep 30, 2025 | -21.37 Mn |
| Jun 30, 2025 | -2.60 Mn |
| Mar 31, 2025 | -2.37 Mn |
| Dec 31, 2024 | -3.43 Mn |
| Sep 30, 2024 | -2.04 Mn |
| Jun 30, 2024 | -2.14 Mn |
| Mar 31, 2024 | -2.96 Mn |
| Dec 31, 2023 | -2.41 Mn |
| Sep 30, 2023 | -2.83 Mn |
| Jun 30, 2023 | -2.68 Mn |
| Mar 31, 2023 | -3.54 Mn |
| Dec 31, 2022 | -2.75 Mn |
| Sep 30, 2022 | -5.12 Mn |
| Jun 30, 2022 | -5.13 Mn |
| Mar 31, 2022 | -6.90 Mn |
| Dec 31, 2021 | -6.81 Mn |
| Sep 30, 2021 | -7.83 Mn |
| Jun 30, 2021 | -8.48 Mn |
API Access
TON Strategy EBITDA 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=ebitda&ticker=TONX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda", "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=ebitda&ticker=TONX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();