TON Strategy (TONX) Return on Assets [ROA] (2014 - 2026)
TON Strategy's Return on Assets [ROA] was -64.66% in Q1 2026, down 15.93 percentage points from -48.73% a year earlier and down 37.00 percentage points from the prior quarter.
TON Strategy (TONX) Return on Assets [ROA] (2014 - 2026) Analysis & Trends
For FY2025, Return on Assets [ROA] at TON Strategy came in at -68.73%, down 1.95 percentage points from FY2024.
- Return on Assets [ROA] shows a five-year change of +13.22 percentage points (FY2020 to FY2025).
- In earlier years, Return on Assets [ROA] was -66.79% in FY2024 (+57.72 pp), -124.50% in FY2023 (+2.57 pp), -127.07% in FY2022 (-24.09 pp) and -102.98% in FY2021 (-21.03 pp).
- The Q1 2026 figure marks the lowest quarterly Return on Assets [ROA] since Q1 2024.
- Compared with a year earlier, Return on Assets [ROA] was higher in seven of the last eight quarters, with an average year-over-year change of +99.16 percentage points.
- The best year-over-year quarter for Return on Assets [ROA] over five years was Q3 2024 (a gain of 298.65 percentage points); the worst was Q3 2023 (a drop of 260.61 percentage points).
- Per Business Quant data, TONX's Return on Assets [ROA] in the three quarters before Q1 2026 was -27.66% (Q4 2025), 22.34% (Q3 2025) and -48.18% (Q2 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROA (Qtr) |
|---|---|---|---|---|---|
| 1 | Coinbase Global | 49.17 Bn | 5.98 Bn | - | -3.57% |
| 2 | PayPal Holdings | 45.28 Bn | 3.51 Bn | - | 6.00% |
| 3 | Block | 44.18 Bn | 15.44 Bn | 3.17 Bn | 0.90% |
| 4 | Iren | 31.11 Bn | 18.70 Bn | 103.89 Mn | -6.10% |
| 5 | Corpay | 25.52 Bn | 15.72 Bn | - | 4.19% |
| 6 | Fiserv | 24.03 Bn | 20.73 Bn | 2.90 Bn | 3.49% |
| 7 | Global Payments | 21.72 Bn | 155.29 Mn | 2.03 Bn | -1.33% |
| 8 | Bitmine Immersion Technologies | 15.32 Bn | 12.70 Bn | 40.81 Mn | -81.35% |
| 9 | Guidewire Software | 11.69 Bn | 8.26 Bn | 269.68 Mn | 5.45% |
| 10 | TON Strategy | 213.69 Mn | 74.78 Mn | 3.96 Mn | -64.66% |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | -64.66% |
| Dec 31, 2025 | -27.66% |
| Sep 30, 2025 | 22.34% |
| Jun 30, 2025 | -48.18% |
| Mar 31, 2025 | -48.73% |
| Dec 31, 2024 | -49.14% |
| Sep 30, 2024 | -43.56% |
| Jun 30, 2024 | -53.08% |
| Mar 31, 2024 | -127.46% |
| Dec 31, 2023 | -232.65% |
| Sep 30, 2023 | -342.22% |
| Jun 30, 2023 | -209.07% |
| Mar 31, 2023 | -144.53% |
| Dec 31, 2022 | -129.94% |
| Sep 30, 2022 | -81.61% |
| Jun 30, 2022 | -80.01% |
| Mar 31, 2022 | -95.16% |
| Dec 31, 2021 | -103.20% |
| Sep 30, 2021 | -101.25% |
| Jun 30, 2021 | -89.45% |
TON Strategy Return on Assets [ROA] 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=return-on-assets-%5Broa%5D&ticker=TONX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-assets-[roa]", "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=return-on-assets-%5Broa%5D&ticker=TONX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();