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
DateValue
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