TON Strategy (TONX) Gross Margin (2018 - 2026)
TON Strategy's (TONX) quarterly Gross Margin came in at 75.33% in Q1 2026, up 2100.0% YoY from 3.42% in Q1 2025, and up 17.09% on a QoQ basis from 64.33% in Q4 2025.
TON Strategy (TONX) Gross Margin (2018 - 2026) Analysis & Trends
TON Strategy (TONX) has 9 years of Gross Margin data on file, last reported at 75.33% in Q1 2026.
- Quarterly Gross Margin rose 2100.0% year-over-year to 75.33% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 71.05% (up 821.0% YoY) and the FY2025 annual result came in at 69.53%, down 544.0% from the prior year.
- Gross Margin grew to 75.33% in Q1 2026, from 64.33% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 122440.0% in Q4 2022 to a low of 16.22% in Q2 2024.
- A 5-year average of 11715.79% and a median of 66.67% in 2022 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2022 — Gross Margin surged 12238006 bps — and 2023, when it sank 12238138 bps.
- Tracing TONX's Gross Margin over 5 years: 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | 73.08% |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 47.67% |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 76.92% |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 44.93% |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 70.68% |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | 66.61% |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 45.88% |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 89.20% |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 84.61% |
| 10 | TON Strategy | 152.07 Mn | 152.04 Mn | - | - |
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% |