TON Strategy (TONX) Net Margin (2016 - 2026)
TON Strategy (TONX) recorded Net Margin of -1733.07% in Q1 2026, down 1536.59 percentage points from -196.48% a year earlier but up 2235.50 percentage points from the prior quarter.
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Analysis
TON Strategy (TONX) Net Margin (2016 - 2026) Analysis & Trends
On a TTM basis, TON Strategy's Net Margin came in at -1423.48% as of Mar 31, 2026, down 943.95 percentage points year-over-year; for FY2025, it came in at -1170.91%, up 110.87 percentage points from FY2024.
- Annual Net Margin has increased for three straight years, though with a five-year change of -880.83 percentage points (FY2020 to FY2025).
- Across earlier years, Net Margin came in at -1281.79% in FY2024 (+33889.64 pp), -35171.43% in FY2023 (+435866.07 pp), -471037.50% in FY2022 (-470706.50 pp) and -331.00% in FY2021 (-40.91 pp).
- Quarterly Net Margin has ranged from -328533.33% in Q2 2023 to 2307.26% in Q3 2025 over the past five years.
- On a year-over-year basis, Net Margin rose in six of the last eight quarters, with an average year-over-year change of +49768.77 percentage points.
- Peak year-over-year performance for Net Margin in the last five years was a gain of 323676.58 percentage points in Q2 2024, against a drop of 328267.64 percentage points in Q2 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at -3968.56% (Q4 2025), 2307.26% (Q3 2025) and -115.92% (Q2 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Block | 53.33 Bn | 25.10 Bn | 3.24 Bn | 8.42% |
| 2 | PayPal Holdings | 51.08 Bn | 9.78 Bn | - | 12.50% |
| 3 | Coinbase Global | 36.00 Bn | -3.64 Bn | - | 59.36% |
| 4 | Fiserv | 33.73 Bn | 30.93 Bn | 2.76 Bn | -114.34% |
| 5 | Corpay | 30.05 Bn | 18.87 Bn | - | 27.38% |
| 6 | Global Payments | 25.91 Bn | 728.97 Mn | 2.01 Bn | 8.50% |
| 7 | Guidewire Software | 13.54 Bn | 10.10 Bn | 269.68 Mn | 7.64% |
| 8 | Chime Financial | 12.44 Bn | 8.13 Bn | 646.07 Mn | 6.09% |
| 9 | Jack Henry & Associates | 12.30 Bn | 12.20 Bn | 273.85 Mn | 17.27% |
| 10 | TON Strategy | 171.21 Mn | 171.21 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | -1,733.07% |
| Dec 31, 2025 | -3,968.56% |
| Sep 30, 2025 | 2,307.26% |
| Jun 30, 2025 | -115.92% |
| Mar 31, 2025 | -196.48% |
| Dec 31, 2024 | -475.66% |
| Sep 30, 2024 | -2,121.88% |
| Jun 30, 2024 | -4,856.76% |
| Mar 31, 2024 | -50,285.71% |
| Dec 31, 2023 | -10,051.72% |
| Sep 30, 2023 | -12,789.66% |
| Jun 30, 2023 | -328,533.33% |
| Mar 31, 2023 | -283,900.00% |
| Dec 31, 2022 | -325,840.00% |
| Sep 30, 2022 | -267,600.00% |
| Jun 30, 2022 | -265.69% |
| Mar 31, 2022 | -259.72% |
| Dec 31, 2021 | -204.14% |
| Sep 30, 2021 | -315.62% |
| Jun 30, 2021 | -493.81% |
API Access
TON Strategy Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=TONX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "TONX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=TONX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();