TON Strategy (TONX) Operating Income (2013 - 2026)
TON Strategy (TONX) posted Operating Income of -$3.9 million for Q1 2026, up 57.5% on a QoQ basis from -$9.1 million in Q4 2025, and down 46.11% year-over-year from -$7.2 million in Q1 2025.
TON Strategy (TONX) Operating Income (2013 - 2026) Analysis & Trends
TON Strategy's Operating Income history runs 14 years deep, the most recent figure standing at -$3.9 million for Q1 2026.
- Quarterly Operating Income fell 46.11% year-over-year to -$3.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$37.7 million (down 239.78% YoY) and the FY2025 annual result came in at -$36.4 million, down 212.97% from the prior year.
- Operating Income was -$3.9 million for Q1 2026 at TON Strategy, up from -$9.1 million in the prior quarter.
- Across five years, Operating Income topped out at -$2.3 million in Q3 2024 and bottomed at -$21.7 million in Q3 2025.
- A 5-year average of -$5.1 million and a median of -$3.4 million in 2023 frame the typical range for Operating Income.
- Annual changes were most pronounced in 2022 — Operating Income jumped 54.14% — and 2025, when it sank 838.93%.
- TON Strategy's Operating Income stood at -$3.3 million in 2022, then gained by 9.63% to -$3.0 million in 2023, then declined by 23.17% to -$3.7 million in 2024, then slumped by 146.39% to -$9.1 million in 2025, then surged by 57.5% to -$3.9 million in 2026.
- Business Quant data shows TONX's Operating Income at -$3.9 million in Q1 2026, -$9.1 million in Q4 2025, and -$21.7 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | 3.21 Bn |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | 145.83 Mn |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | 382.00 Mn |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 1.92 Bn |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 2.35 Bn |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 162.00 Mn |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | -1.37 Bn |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | -326.15 Mn |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 431.33 Mn |
| 10 | TON Strategy | 42,108.45 | -35.09 Mn | 3.96 Mn | -3.89 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -3.89 Mn |
| Dec 31, 2025 | -9.14 Mn |
| Sep 30, 2025 | -21.71 Mn |
| Jun 30, 2025 | -2.93 Mn |
| Mar 31, 2025 | -2.66 Mn |
| Dec 31, 2024 | -3.71 Mn |
| Sep 30, 2024 | -2.31 Mn |
| Jun 30, 2024 | -2.41 Mn |
| Mar 31, 2024 | -3.22 Mn |
| Dec 31, 2023 | -3.01 Mn |
| Sep 30, 2023 | -3.39 Mn |
| Jun 30, 2023 | -3.27 Mn |
| Mar 31, 2023 | -4.13 Mn |
| Dec 31, 2022 | -3.33 Mn |
| Sep 30, 2022 | -5.56 Mn |
| Jun 30, 2022 | -4.80 Mn |
| Mar 31, 2022 | -7.31 Mn |
| Dec 31, 2021 | -7.27 Mn |
| Sep 30, 2021 | -8.23 Mn |
| Jun 30, 2021 | -8.88 Mn |