TON Strategy (TONX) Operating Expenses (2013 - 2026)
TON Strategy's (TONX) quarterly Operating Expenses came in at $7.8 million in Q1 2026, up 132.84% YoY from $3.4 million in Q1 2025, and down 47.31% on a QoQ basis from $14.9 million in Q4 2025.
TON Strategy (TONX) Operating Expenses (2013 - 2026) Analysis & Trends
TON Strategy (TONX) has 14 years of Operating Expenses data on file, last reported at $7.8 million in Q1 2026.
- Quarterly Operating Expenses rose 132.84% year-over-year to $7.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $53.1 million (up 318.66% YoY) and the FY2025 annual result came in at $49.2 million, up 292.54% from the prior year.
- Operating Expenses declined to $7.8 million in Q1 2026, from $14.9 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $25.3 million in Q3 2025 to a low of $2.4 million in Q3 2024.
- A 5-year average of $6.2 million and a median of $4.1 million in 2023 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2022 — Operating Expenses sank 62.44% — and 2025, when it jumped 937.58%.
- Tracing TONX's Operating Expenses over 5 years: stood at $3.3 million in 2022, then decreased by 8.92% to $3.0 million in 2023, then surged by 45.77% to $4.4 million in 2024, then jumped by 235.73% to $14.9 million in 2025, then sank by 47.31% to $7.8 million in 2026.
- The last three Operating Expenses figures came in at $7.8 million (Q1 2026), $14.9 million (Q4 2025), and $25.3 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | -16.33 Bn |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 1.22 Bn |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 6.22 Bn |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 12.30 Bn |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 2.66 Bn |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | 1.25 Bn |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 4.34 Bn |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 3.67 Bn |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 4.54 Bn |
| 10 | TON Strategy | 152.07 Mn | 152.04 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 7.84 Mn |
| Dec 31, 2025 | 14.88 Mn |
| Sep 30, 2025 | 25.32 Mn |
| Jun 30, 2025 | 5.06 Mn |
| Mar 31, 2025 | 3.37 Mn |
| Dec 31, 2024 | 4.43 Mn |
| Sep 30, 2024 | 2.44 Mn |
| Jun 30, 2024 | 2.44 Mn |
| Mar 31, 2024 | 3.22 Mn |
| Dec 31, 2023 | 3.04 Mn |
| Sep 30, 2023 | 3.42 Mn |
| Jun 30, 2023 | 3.27 Mn |
| Mar 31, 2023 | 4.13 Mn |
| Dec 31, 2022 | 3.34 Mn |
| Sep 30, 2022 | 5.56 Mn |
| Jun 30, 2022 | 4.80 Mn |
| Mar 31, 2022 | 9.03 Mn |
| Dec 31, 2021 | 8.89 Mn |
| Sep 30, 2021 | 10.04 Mn |
| Jun 30, 2021 | 10.16 Mn |