TON Strategy (TONX) EBITDA (2013 - 2026)

TON Strategy (TONX) posted EBITDA of -$3.9 million for Q1 2026, up 57.5% on a QoQ basis from -$9.1 million in Q4 2025, and down 46.11% year-over-year from -$7.2 million in Q1 2025.

TON Strategy (TONX) EBITDA (2013 - 2026) Analysis & Trends

TON Strategy's EBITDA history runs 14 years deep, the most recent figure standing at -$3.9 million for Q1 2026.

  • Quarterly EBITDA fell 46.11% year-over-year to -$3.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$37.7 million (down 239.78% YoY) and the FY2025 annual result came in at -$36.4 million, down 212.97% from the prior year.
  • EBITDA was -$3.9 million for Q1 2026 at TON Strategy, up from -$9.1 million in the prior quarter.
  • Across five years, EBITDA topped out at -$2.3 million in Q3 2024 and bottomed at -$21.7 million in Q3 2025.
  • A 5-year average of -$5.1 million and a median of -$3.4 million in 2023 frame the typical range for EBITDA.
  • Annual changes were most pronounced in 2022 — EBITDA jumped 54.14% — and 2025, when it sank 838.93%.
  • TON Strategy's EBITDA stood at -$3.3 million in 2022, then gained by 9.63% to -$3.0 million in 2023, then declined by 23.17% to -$3.7 million in 2024, then slumped by 146.39% to -$9.1 million in 2025, then surged by 57.5% to -$3.9 million in 2026.
  • Business Quant data shows TONX's EBITDA at -$3.9 million in Q1 2026, -$9.1 million in Q4 2025, and -$21.7 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 Sap Se 201.80 Bn 181.57 Bn 8.16 Bn 3.21 Bn
2 Full Truck Alliance 192.09 Bn 189.39 Bn - 145.23 Mn
3 Shopify 163.21 Bn 157.46 Bn 1.55 Bn 382.00 Mn
4 Salesforce 153.24 Bn 141.40 Bn 8.56 Bn 2.35 Bn
5 Uber Technologies 138.87 Bn 137.66 Bn 5.95 Bn 1.92 Bn
6 ServiceNow 111.15 Bn 106.48 Bn 2.82 Bn 162.00 Mn
7 Automatic Data Processing 103.29 Bn 100.06 Bn 2.87 Bn -1.37 Bn
8 Adobe 97.13 Bn 91.51 Bn 5.90 Bn 2.24 Bn
9 Snowflake 94.21 Bn 91.26 Bn 926.45 Mn -326.15 Mn
10 TON Strategy 192.67 Mn 157.55 Mn 3.96 Mn -3.89 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -3.89 Mn
Dec 31, 2025 -9.14 Mn
Sep 30, 2025 -21.71 Mn
Jun 30, 2025 -2.93 Mn
Mar 31, 2025 -2.66 Mn
Dec 31, 2024 -3.71 Mn
Sep 30, 2024 -2.31 Mn
Jun 30, 2024 -2.41 Mn
Mar 31, 2024 -3.22 Mn
Dec 31, 2023 -3.01 Mn
Sep 30, 2023 -3.39 Mn
Jun 30, 2023 -3.27 Mn
Mar 31, 2023 -4.13 Mn
Dec 31, 2022 -3.33 Mn
Sep 30, 2022 -5.56 Mn
Jun 30, 2022 -4.80 Mn
Mar 31, 2022 -7.31 Mn
Dec 31, 2021 -7.27 Mn
Sep 30, 2021 -8.23 Mn
Jun 30, 2021 -8.88 Mn