TOP Financial (TOP) Enterprise Value (2021 - 2026)
TOP Financial (TOP) posted quarterly Enterprise Value of -$18.4 million for Q1 2026, down 50.6% year-over-year from -$37.3 million in Q1 2025, and down 109.56% quarter-over-quarter from -$8.8 million in Q3 2025.
TOP Financial (TOP) Enterprise Value (2021 - 2026) Analysis & Trends
TOP Financial (TOP) has reported Enterprise Value for 6 consecutive years, with -$18.4 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Enterprise Value fell 50.6% year-over-year to -$18.4 million; the TTM figure through Mar 2026 stood at -$18.4 million (down 50.6% YoY), while the FY2026 annual figure was -$18.4 million, down 50.6% from the prior year.
- Enterprise Value retreated to -$18.4 million in Q1 2026 per TOP's latest filing, from -$8.8 million in the prior quarter.
- Across five years, Enterprise Value topped out at -$6.2 million in Q1 2022 and bottomed at -$25.9 million in Q3 2023.
- Historically, Enterprise Value has averaged -$16.5 million across 5 years, with a median of -$16.0 million in 2023.
- Annual changes were most pronounced in 2022 — Enterprise Value sank 180.31% — and 2024, when it jumped 65.46%.
- TOP Financial's Enterprise Value stood at -$25.7 million in 2022, then retreated by 0.96% to -$25.9 million in 2023, then jumped by 65.46% to -$9.0 million in 2024, then climbed by 1.85% to -$8.8 million in 2025, then sank by 109.56% to -$18.4 million in 2026.
- Business Quant data shows TOP's Enterprise Value at -$18.4 million in Q1 2026, -$8.8 million in Q3 2025, and -$12.2 million in Q1 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Enterprise Value (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 338.83 Bn | 205.30 Bn | - | -160.14 Bn |
| 2 | Goldman Sachs | 316.34 Bn | -660.01 Bn | - | -976.35 Bn |
| 3 | Schwab Charles | 220.55 Bn | 135.80 Bn | - | -84.75 Bn |
| 4 | Futu Holdings | 121.48 Bn | 105.59 Bn | 733.58 Mn | -15.88 Bn |
| 5 | Robinhood Markets | 84.07 Bn | 66.74 Bn | 1.20 Bn | -17.32 Bn |
| 6 | Iren | 68.17 Bn | 65.95 Bn | 104.86 Mn | -2.21 Bn |
| 7 | ATIF Holdings | 45.42 Bn | 45.42 Bn | - | -1.52 Mn |
| 8 | Interactive Brokers | 39.54 Bn | -3.28 Bn | - | -42.82 Bn |
| 9 | LPL Financial Holdings | 28.27 Bn | 25.57 Bn | - | -2.70 Bn |
| 10 | TOP Financial | 408.56 Mn | 390.14 Mn | - | -18.41 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -18.41 Mn |
| Sep 30, 2025 | -8.79 Mn |
| Mar 31, 2025 | -12.23 Mn |
| Sep 30, 2024 | -8.95 Mn |
| Mar 31, 2024 | -25.92 Mn |
| Sep 30, 2023 | -25.92 Mn |
| Mar 31, 2023 | -15.97 Mn |
| Sep 30, 2022 | -25.67 Mn |
| Mar 31, 2022 | -6.20 Mn |
| Sep 30, 2021 | -9.16 Mn |
| Mar 31, 2021 | -6.84 Mn |