TON Strategy (TONX) Gross Margin (2018 - 2026)
TON Strategy (TONX) reported Gross Margin of 75.33% for Q1 2026, up 2100.0% on a YoY basis from 3.42% in Q1 2025, and up 17.09% quarter-over-quarter from 64.33% in Q4 2025.
TON Strategy (TONX) Gross Margin (2018 - 2026) Analysis & Trends
TON Strategy has reported Gross Margin for 9 years, with the latest figure at 75.33% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin rose 2100.0% year-over-year to 75.33%; the trailing twelve-month figure through Mar 2026 stood at 71.05% (up 821.0% YoY), and the FY2025 full-year result was 69.53%, down 544.0% from the prior year.
- Gross Margin for Q1 2026 stood at 75.33%, up from 64.33% in the prior quarter.
- The five-year high for Gross Margin was 122440.0% in Q4 2022, with the low at 16.22% in Q2 2024.
- Historically, Gross Margin has averaged 11715.79% across 5 years, with a median of 66.67% in 2022.
- Annual changes were most pronounced in 2022 — Gross Margin surged 12238006 bps — and 2023, when it sank 12238138 bps.
- TON Strategy's Gross Margin stood at 122440.0% in 2022, then sank by 100 bps to 58.62% in 2023, then surged by 39 bps to 81.47% in 2024, then slipped by 21 bps to 64.33% in 2025, then advanced by 17 bps to 75.33% in 2026.
- The last three Gross Margin figures came in at 75.33% (Q1 2026), 64.33% (Q4 2025), and 75.39% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 262.33 Bn | 244.36 Bn | 8.16 Bn | 72.98% |
| 2 | Full Truck Alliance | 173.49 Bn | 170.93 Bn | - | - |
| 3 | Salesforce | 158.80 Bn | 146.96 Bn | 8.56 Bn | 76.92% |
| 4 | Shopify | 144.36 Bn | 138.62 Bn | 1.55 Bn | 48.77% |
| 5 | Uber Technologies | 144.25 Bn | 143.21 Bn | 11.88 Bn | 89.96% |
| 6 | ServiceNow | 118.74 Bn | 113.56 Bn | 2.83 Bn | 75.07% |
| 7 | Cadence Design Systems | 107.33 Bn | 105.92 Bn | 1.26 Bn | 85.65% |
| 8 | Adobe | 100.50 Bn | 93.61 Bn | 5.73 Bn | 89.62% |
| 9 | Automatic Data Processing | 92.49 Bn | 89.26 Bn | 2.87 Bn | 48.28% |
| 10 | TON Strategy | 192.09 Mn | 192.08 Mn | 3.96 Mn | 75.33% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 75.33% |
| Dec 31, 2025 | 64.33% |
| Sep 30, 2025 | 75.39% |
| Jun 30, 2025 | 71.22% |
| Mar 31, 2025 | 54.33% |
| Dec 31, 2024 | 81.47% |
| Sep 30, 2024 | 57.81% |
| Jun 30, 2024 | 16.22% |
| Mar 31, 2024 | 28.57% |
| Dec 31, 2023 | 58.62% |
| Sep 30, 2023 | 82.76% |
| Jun 30, 2023 | 66.67% |
| Mar 31, 2023 | 75,800.00% |
| Dec 31, 2022 | 122,440.00% |
| Sep 30, 2022 | 66.67% |
| Jun 30, 2022 | 65.19% |
| Mar 31, 2022 | 63.84% |
| Dec 31, 2021 | 59.94% |
| Sep 30, 2021 | 62.55% |
| Jun 30, 2021 | 53.22% |