TON Strategy (TONX) Shares Outstanding (Diluted) (2022 - 2026)
TON Strategy's Shares Outstanding (Diluted) came in at 58.67 million for Q2 2026, compared with 1.38 million a year earlier and up 0.8% from the prior quarter.
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Analysis
TON Strategy (TONX) Shares Outstanding (Diluted) (2022 - 2026) Analysis & Trends
For FY2025, TON Strategy's Shares Outstanding (Diluted) was 25.11 million.
- Shares Outstanding (Diluted) carries a three-year compound annual growth rate of 117.9% (FY2022 to FY2025).
- Going back by year, Shares Outstanding (Diluted) was 592,478 in FY2024 (-91.3%), 6.8 million in FY2023 (+180.1%) and 2.43 million in FY2022.
- The Q2 2026 figure represents the highest quarterly Shares Outstanding (Diluted) in data going back to Q2 2022.
- Year-over-year, Shares Outstanding (Diluted) increased in 1 of the last four quarters, with an average decline of 29.5%.
- The fastest year-over-year change in Shares Outstanding (Diluted) over five years came in Q1 2024 (growth of 770.5%), and the weakest in Q1 2025 (a decline of 96.7%).
- Business Quant data shows TONX's Shares Outstanding (Diluted) at 58.21 million (Q1 2026), 25.11 million (Q4 2025) and 13.37 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Block | 53.33 Bn | 25.10 Bn | 3.24 Bn | 614.78 Mn |
| 2 | PayPal Holdings | 51.08 Bn | 9.78 Bn | - | 858.00 Mn |
| 3 | Coinbase Global | 36.00 Bn | -3.64 Bn | - | 287.98 Mn |
| 4 | Fiserv | 33.73 Bn | 30.93 Bn | 2.76 Bn | 531.80 Mn |
| 5 | Corpay | 30.05 Bn | 18.87 Bn | - | 66.39 Mn |
| 6 | Global Payments | 25.91 Bn | 728.97 Mn | 2.01 Bn | 265.16 Mn |
| 7 | Guidewire Software | 13.54 Bn | 10.10 Bn | 269.68 Mn | 85.41 Mn |
| 8 | Chime Financial | 12.44 Bn | 8.13 Bn | 646.07 Mn | 400.12 Mn |
| 9 | Jack Henry & Associates | 12.30 Bn | 12.20 Bn | 273.85 Mn | 72.04 Mn |
| 10 | TON Strategy | 171.21 Mn | 171.21 Mn | - | 58.67 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 58.67 Mn |
| Mar 31, 2026 | 58.21 Mn |
| Dec 31, 2025 | 25.11 Mn |
| Sep 30, 2025 | 13.37 Mn |
| Jun 30, 2025 | 1.38 Mn |
| Mar 31, 2025 | 1.02 Mn |
| Dec 31, 2024 | 592,478.00 |
| Sep 30, 2024 | 710,106.00 |
| Jun 30, 2024 | 536,271.00 |
| Mar 31, 2024 | 31.14 Mn |
| Dec 31, 2023 | 6.80 Mn |
| Sep 30, 2023 | 5.42 Mn |
| Jun 30, 2023 | 4.02 Mn |
| Mar 31, 2023 | 3.58 Mn |
| Dec 31, 2022 | 2.43 Mn |
| Sep 30, 2022 | 2.55 Mn |
| Jun 30, 2022 | 2.42 Mn |
API Access
TON Strategy Shares Outstanding (Diluted) 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=shares-outstanding-diluted&ticker=TONX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "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=shares-outstanding-diluted&ticker=TONX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();