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
DateValue
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%