TON Strategy (TONX) Enterprise Value (2014 - 2026)
TON Strategy (TONX) recorded Enterprise Value of $104.67 million in Q1 2026, compared with -$7.09 million a year earlier and up 924.9% from the prior quarter.
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Analysis
TON Strategy (TONX) Enterprise Value (2014 - 2026) Analysis & Trends
On a TTM basis, TON Strategy's Enterprise Value came in at $726,626 as of Mar 31, 2026; for FY2025, it came in at $10.21 million.
- Annual Enterprise Value has a five-year compound annual growth rate of -88.3% (FY2020 to FY2025).
- Across earlier years, Enterprise Value came in at -$9.71 million in FY2024, $229.53 million in FY2023 (-99.8%), $127.37 billion in FY2022 (-82.4%) and $723.59 billion in FY2021 (+52.2%).
- Quarterly Enterprise Value has ranged from -$9.71 million in Q4 2024 to $1.08 trillion in Q3 2021 over the past five years.
- Peak year-over-year performance for Enterprise Value in the last five years was growth of 289.3% in Q2 2021, against a decline of 99.8% in Q4 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $10.21 million (Q4 2025), $208.75 million (Q3 2025) and -$661,829 (Q2 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Coinbase Global | 50.59 Bn | 7.40 Bn | - |
| 2 | PayPal Holdings | 46.79 Bn | 5.01 Bn | - |
| 3 | Block | 44.05 Bn | 15.31 Bn | 3.17 Bn |
| 4 | Iren | 31.74 Bn | 19.34 Bn | 103.89 Mn |
| 5 | Corpay | 26.01 Bn | 16.21 Bn | - |
| 6 | Fiserv | 24.47 Bn | 21.17 Bn | 2.90 Bn |
| 7 | Global Payments | 22.51 Bn | 952.73 Mn | 2.03 Bn |
| 8 | Bitmine Immersion Technologies | 15.56 Bn | 12.94 Bn | 40.81 Mn |
| 9 | Guidewire Software | 11.90 Bn | 8.47 Bn | 269.68 Mn |
| 10 | TON Strategy | 224.99 Mn | 86.09 Mn | 3.96 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 104.67 Mn |
| Dec 31, 2025 | 10.21 Mn |
| Sep 30, 2025 | 208.75 Mn |
| Jun 30, 2025 | -661,828.51 |
| Mar 31, 2025 | -7.09 Mn |
| Dec 31, 2024 | -9.71 Mn |
| Sep 30, 2024 | -8.26 Mn |
| Jun 30, 2024 | 3.16 Bn |
| Mar 31, 2024 | 1.64 Bn |
| Dec 31, 2023 | 229.53 Mn |
| Sep 30, 2023 | 758.01 Mn |
| Jun 30, 2023 | 929.07 Mn |
| Mar 31, 2023 | 3.74 Bn |
| Dec 31, 2022 | 127.37 Bn |
| Sep 30, 2022 | 385.79 Bn |
| Jun 30, 2022 | 425.77 Bn |
| Mar 31, 2022 | 625.05 Bn |
| Dec 31, 2021 | 723.59 Bn |
| Sep 30, 2021 | 1,077.80 Bn |
| Jun 30, 2021 | 1,046.25 Bn |
API Access
TON Strategy Enterprise Value 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=enterprise-value&ticker=TONX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "enterprise-value", "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=enterprise-value&ticker=TONX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();