TON Strategy (TONX) Enterprise Value (2013 - 2026)
TON Strategy (TONX) posted Enterprise Value of -$35.1 million for Q1 2026, up 11.64% on a QoQ basis from -$39.8 million in Q4 2025, and down 334.23% year-over-year from $15.0 million in Q1 2025.
TON Strategy (TONX) Enterprise Value (2013 - 2026) Analysis & Trends
TON Strategy's Enterprise Value history runs 14 years deep, the most recent figure standing at -$35.1 million for Q1 2026.
- Quarterly Enterprise Value fell 334.23% year-over-year to -$35.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$35.1 million (down 334.23% YoY) and the FY2025 annual result came in at -$39.8 million, down 192.55% from the prior year.
- Enterprise Value was -$35.1 million for Q1 2026 at TON Strategy, up from -$39.8 million in the prior quarter.
- Across five years, Enterprise Value topped out at -$918000.0 in Q3 2023 and bottomed at -$54.5 million in Q3 2025.
- A 5-year average of -$13.7 million and a median of -$8.1 million in 2025 frame the typical range for Enterprise Value.
- Annual changes were most pronounced in 2022 — Enterprise Value surged 74.82% — and 2024, when it slumped 1598.47%.
- TON Strategy's Enterprise Value stood at -$2.4 million in 2022, then slumped by 79.21% to -$4.4 million in 2023, then plunged by 212.18% to -$13.6 million in 2024, then plunged by 192.55% to -$39.8 million in 2025, then gained by 11.64% to -$35.1 million in 2026.
- Business Quant data shows TONX's Enterprise Value at -$35.1 million in Q1 2026, -$39.8 million in Q4 2025, and -$54.5 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Enterprise Value (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | -19.64 Bn |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | -2.64 Bn |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | -5.74 Bn |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | -1.04 Bn |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | -11.84 Bn |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | -4.66 Bn |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | -3.23 Bn |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | -2.95 Bn |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | -1.41 Bn |
| 10 | TON Strategy | 42,108.45 | -35.09 Mn | 3.96 Mn | -35.13 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -35.13 Mn |
| Dec 31, 2025 | -39.76 Mn |
| Sep 30, 2025 | -54.46 Mn |
| Jun 30, 2025 | -10.39 Mn |
| Mar 31, 2025 | -8.09 Mn |
| Dec 31, 2024 | -13.59 Mn |
| Sep 30, 2024 | -15.59 Mn |
| Jun 30, 2024 | -17.20 Mn |
| Mar 31, 2024 | -14.18 Mn |
| Dec 31, 2023 | -4.35 Mn |
| Sep 30, 2023 | -918,000.00 |
| Jun 30, 2023 | -3.53 Mn |
| Mar 31, 2023 | -3.79 Mn |
| Dec 31, 2022 | -2.43 Mn |
| Sep 30, 2022 | -921,000.00 |
| Jun 30, 2022 | -5.55 Mn |
| Mar 31, 2022 | -3.72 Mn |
| Dec 31, 2021 | -937,000.00 |
| Sep 30, 2021 | -3.66 Mn |
| Jun 30, 2021 | -6.45 Mn |