TON Strategy (TONX) Operating Income (2013 - 2026)
TON Strategy's (TONX) quarterly Operating Income came in at -$3.9 million in Q1 2026, down 46.11% on a YoY basis from -$7.2 million in Q1 2025, and up 57.5% quarter-over-quarter from -$9.1 million in Q4 2025.
Analysis
TON Strategy (TONX) Operating Income (2013 - 2026) Analysis & Trends
TON Strategy (TONX) has reported Operating Income for 14 consecutive years, with -$3.9 million the latest figure, recorded in Q1 2026.
- For the quarter ending Q1 2026, Operating Income fell 46.11% year-over-year to -$3.9 million; the trailing twelve-month figure through Mar 2026 stood at -$37.7 million (down 239.78% YoY), and the FY2025 full-year result was -$36.4 million, down 212.97% from the prior year.
- Operating Income rose to -$3.9 million in Q1 2026 per TONX's latest filing, 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.
- Historically, Operating Income has averaged -$5.1 million across 5 years, with a median of -$3.4 million in 2023.
- The sharpest annual moves came in 2022 and 2025: Operating Income surged 54.14% in 2022, then tumbled 838.93% in 2025.
- Over 5 years, 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.
- According to Business Quant data, Operating Income over the past three periods registered -$3.9 million, -$9.1 million, and -$21.7 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Coinbase Global | 48.70 Bn | 39.92 Bn | 1.16 Bn | -113.49 Mn |
| 2 | Bullish | 5.43 Bn | 5.38 Bn | 15.53 Mn | 71.79 Mn |
| 3 | Canton Strategic Holdings | 494.45 Mn | 494.45 Mn | - | -1.20 Mn |
| 4 | Cypherpunk Technologies | 446.07 Mn | 446.07 Mn | - | -4.69 Mn |
| 5 | Coincheck | 267.10 Mn | 165.50 Mn | 11.20 Mn | -8.40 Mn |
| 6 | Exodus Movement | 226.48 Mn | -128.60 Mn | - | - |
| 7 | Wewards | 214.97 Mn | 214.97 Mn | - | -14,393.00 |
| 8 | Usbc | 194.07 Mn | 190.41 Mn | - | -28.10 Mn |
| 9 | TON Strategy | 187.68 Mn | 187.66 Mn | - | - |
| 10 | Universal Token | 174.68 Mn | 174.68 Mn | - | -17,725.00 |
Historic Data
Download Data
Historic 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 |