TON Strategy (TONX) Operating Margin (2016 - 2026)

TON Strategy (TONX) reported Operating Margin of 73.96% for Q1 2026, up 12980.0% on a YoY basis from N/an in Q1 2025, and down 8.61% quarter-over-quarter from 68.09% in Q4 2025.

TON Strategy (TONX) Operating Margin (2016 - 2026) Analysis & Trends

TON Strategy has reported Operating Margin for 10 years, with the latest figure at 73.96% in Q1 2026.

  • For the quarter ending Q1 2026, Operating Margin rose 12980.0% year-over-year to 73.96%; the trailing twelve-month figure through Mar 2026 stood at 193.92% (down 11873.0% YoY), and the FY2025 full-year result was 244.24%, up 236.0% from the prior year.
  • Operating Margin for Q1 2026 stood at 73.96%, down from 68.09% in the prior quarter.
  • The five-year high for Operating Margin was 792.12% in Q4 2024, with the low at 206350.0% in Q1 2023.
  • Historically, Operating Margin has averaged 37904.77% across 5 years, with a median of 1806.25% in 2024.
  • The largest YoY upside for Operating Margin was 17371034 bps in 2023 against a maximum downside of 20607847 bps in 2023.
  • TON Strategy's Operating Margin stood at 66660.0% in 2022, then surged by 84 bps to 10386.21% in 2023, then soared by 108 bps to 792.12% in 2024, then sank by 109 bps to 68.09% in 2025, then decreased by 9 bps to 73.96% in 2026.
  • The last three Operating Margin figures came in at 73.96% (Q1 2026), 68.09% (Q4 2025), and 601.5% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Sap Se 257.53 Bn 239.56 Bn 8.16 Bn 28.69%
2 Full Truck Alliance 171.61 Bn 169.06 Bn - -
3 Salesforce 152.15 Bn 140.31 Bn 8.56 Bn 21.08%
4 Uber Technologies 144.45 Bn 143.41 Bn 11.88 Bn 14.56%
5 Shopify 144.09 Bn 138.34 Bn 1.55 Bn 12.05%
6 ServiceNow 110.55 Bn 105.37 Bn 2.83 Bn 13.34%
7 Cadence Design Systems 106.32 Bn 104.91 Bn 1.26 Bn 29.26%
8 Adobe 97.77 Bn 90.88 Bn 5.73 Bn 37.79%
9 Automatic Data Processing 93.39 Bn 90.16 Bn 2.87 Bn -22.99%
10 TON Strategy 188.60 Mn 188.59 Mn 3.96 Mn -73.96%

Historic Data

Download Data
DateValue
Mar 31, 2026 -73.96%
Dec 31, 2025 -68.09%
Sep 30, 2025 -601.50%
Jun 30, 2025 -138.20%
Mar 31, 2025 -203.75%
Dec 31, 2024 792.12%
Sep 30, 2024 -1,806.25%
Jun 30, 2024 -6,500.00%
Mar 31, 2024 -45,957.14%
Dec 31, 2023 -10,386.21%
Sep 30, 2023 -11,689.66%
Jun 30, 2023 -108,866.67%
Mar 31, 2023 -206,350.00%
Dec 31, 2022 -66,660.00%
Sep 30, 2022 -185,400.00%
Jun 30, 2022 -200.25%
Mar 31, 2022 -271.53%
Dec 31, 2021 -268.59%
Sep 30, 2021 -283.76%
Jun 30, 2021 -371.32%