TON Strategy (TONX) Enterprise Value (2013 - 2026)

TON Strategy (TONX) reported Enterprise Value of -$35.1 million for Q1 2026, down 334.23% on a YoY basis from $15.0 million in Q1 2025, and up 11.64% quarter-over-quarter from -$39.8 million in Q4 2025.

TON Strategy (TONX) Enterprise Value (2013 - 2026) Analysis & Trends

TON Strategy has reported Enterprise Value for 14 years, with the latest figure at -$35.1 million in Q1 2026.

  • For the quarter ending Q1 2026, Enterprise Value fell 334.23% year-over-year to -$35.1 million; the trailing twelve-month figure through Mar 2026 stood at -$35.1 million (down 334.23% YoY), and the FY2025 full-year result was -$39.8 million, down 192.55% from the prior year.
  • Enterprise Value for Q1 2026 stood at -$35.1 million, up from -$39.8 million in the prior quarter.
  • The five-year high for Enterprise Value was -$918000.0 in Q3 2023, with the low at -$53.6 million in Q3 2025.
  • Historically, Enterprise Value has averaged -$13.7 million across 5 years, with a median of -$8.1 million in 2025.
  • Annual changes were most pronounced in 2022 — Enterprise Value surged 74.82% — and 2024, when it tumbled 1598.47%.
  • TON Strategy's Enterprise Value stood at -$2.4 million in 2022, then plunged by 79.21% to -$4.4 million in 2023, then slumped by 212.18% to -$13.6 million in 2024, then slumped by 192.55% to -$39.8 million in 2025, then increased by 11.64% to -$35.1 million in 2026.
  • The last three Enterprise Value figures came in at -$35.1 million (Q1 2026), -$39.8 million (Q4 2025), and -$53.6 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Enterprise Value (Qtr)
1 Sap Se 257.53 Bn 239.56 Bn 8.16 Bn -17.97 Bn
2 Full Truck Alliance 171.61 Bn 169.06 Bn - -2.55 Bn
3 Salesforce 152.15 Bn 140.31 Bn 8.56 Bn -11.84 Bn
4 Uber Technologies 144.45 Bn 143.41 Bn 11.88 Bn -1.04 Bn
5 Shopify 144.09 Bn 138.34 Bn 1.55 Bn -5.74 Bn
6 ServiceNow 110.55 Bn 105.37 Bn 2.83 Bn -5.18 Bn
7 Cadence Design Systems 106.32 Bn 104.91 Bn 1.26 Bn -1.41 Bn
8 Adobe 97.77 Bn 90.88 Bn 5.73 Bn -6.89 Bn
9 Automatic Data Processing 93.39 Bn 90.16 Bn 2.87 Bn -3.23 Bn
10 TON Strategy 188.60 Mn 188.59 Mn 3.96 Mn -35.13 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -35.13 Mn
Dec 31, 2025 -39.76 Mn
Sep 30, 2025 -53.57 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