TON Strategy (TONX) Payables (2013 - 2026)
TON Strategy's Payables came in at $2.02 million for Q1 2026, up 227.0% from $618,000 a year earlier but down 5.7% from the prior quarter.
Analysis
TON Strategy (TONX) Payables (2013 - 2026) Analysis & Trends
At the end of FY2025, TON Strategy's Payables was $2.14 million, up 185.4% from FY2024.
- Payables carries a five-year compound annual growth rate of -10.1% (FY2020 to FY2025).
- Going back by year, Payables was $751,000 in FY2024 (-76.5%), $3.2 million in FY2023 (-67.3%), $9.78 million in FY2022 (+157.9%) and $3.79 million in FY2021 (+4.1%).
- The five-year range for quarterly Payables is $510,000 (Q2 2025) to $10.41 million (Q1 2023).
- Year-over-year, Payables has increased for three consecutive quarters, with growth averaging 31.3% over the last eight quarters.
- The fastest year-over-year change in Payables over five years came in Q1 2026 (growth of 227.0%), and the weakest in Q2 2024 (a decline of 86.0%).
- Business Quant data shows TONX's Payables at $2.14 million (Q4 2025), $3.77 million (Q3 2025) and $510,000 (Q2 2025) in the three quarters before Q1 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Coinbase Global | 50.59 Bn | 7.40 Bn | - | 539.20 Mn |
| 2 | PayPal Holdings | 46.79 Bn | 5.01 Bn | - | 208.00 Mn |
| 3 | Block | 44.05 Bn | 15.31 Bn | 3.17 Bn | - |
| 4 | Iren | 31.74 Bn | 19.34 Bn | 103.89 Mn | 1.83 Bn |
| 5 | Corpay | 26.01 Bn | 16.21 Bn | - | 2.28 Bn |
| 6 | Fiserv | 24.47 Bn | 21.17 Bn | 2.90 Bn | 4.71 Bn |
| 7 | Global Payments | 22.51 Bn | 952.73 Mn | 2.03 Bn | 3.71 Bn |
| 8 | Bitmine Immersion Technologies | 15.56 Bn | 12.94 Bn | 40.81 Mn | 10.23 Mn |
| 9 | Guidewire Software | 11.90 Bn | 8.47 Bn | 269.68 Mn | 38.07 Mn |
| 10 | TON Strategy | 224.99 Mn | 86.09 Mn | 3.96 Mn | 2.02 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 2.02 Mn |
| Dec 31, 2025 | 2.14 Mn |
| Sep 30, 2025 | 3.77 Mn |
| Jun 30, 2025 | 510,000.00 |
| Mar 31, 2025 | 618,000.00 |
| Dec 31, 2024 | 751,000.00 |
| Sep 30, 2024 | 1.22 Mn |
| Jun 30, 2024 | 1.28 Mn |
| Mar 31, 2024 | 2.18 Mn |
| Dec 31, 2023 | 3.20 Mn |
| Sep 30, 2023 | 5.32 Mn |
| Jun 30, 2023 | 9.16 Mn |
| Mar 31, 2023 | 10.41 Mn |
| Dec 31, 2022 | 9.78 Mn |
| Sep 30, 2022 | 8.00 Mn |
| Jun 30, 2022 | 7.53 Mn |
| Mar 31, 2022 | 9.37 Mn |
| Dec 31, 2021 | 3.79 Mn |
| Sep 30, 2021 | 7.32 Mn |
| Jun 30, 2021 | 4.90 Mn |
API Access
TON Strategy Payables 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=payables&ticker=TONX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payables", "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=payables&ticker=TONX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();