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TON Strategy Co.

$3.04 +$0.63 (+26.14%)
NASDAQ · 11 Sep 2026 20:00 UTC
Previous Close
$3
Day Range
$3$3.12
Year Range
$1.75$8.25
Market Cap
171.85M
AVG Volume
428.3K
Trailing/Forward PE
-1.71/-
PEG ratio
0.05
Dividend Yield
-
Next Earnings Date
2026-11-11
Primary Exchange
NASDAQUS
Revenue (USD)
-5M05M10M15M2016201720182019202020212022202320242025
TONX Revenue (USD) by year
PeriodRevenue (USD)
202512.78M
2024895K
202363K
20224.85M
202110.52M
20209.96M
20199.1M
201831.67K
20175.91K
2016-31.59K
Net Income (USD)
-150M-100M-50M02016201720182019202020212022202320242025
TONX Net Income (USD) by year
PeriodNet Income (USD)
2025-148.48M
2024-10.33M
2023-21.99M
2022-37.44M
2021-34.49M
2020-24.96M
2019-15.92M
2018-12.13M
2017-7.27M
2016-4.27M
Operating Income (USD)
-40M-30M-20M-10M02016201720182019202020212022202320242025
TONX Operating Income (USD) by year
PeriodOperating Income (USD)
2025-33.31M
2024-11.64M
2023-13.79M
2022-34.71M
2021-33.71M
2020-24.74M
2019-15.83M
2018-7.81M
2017-4.7M
2016-3.16M
EBITDA (USD)
-150M-100M-50M02016201720182019202020212022202320242025
TONX EBITDA (USD) by year
PeriodEBITDA (USD)
2025-147.32M
2024-9.2M
2023-11.32M
2022-29.14M
2021-30.1M
2020-22.25M
2019-12.68M
2018-10.27M
2017-5.63M
2016-3.51M
Cash Flows (USD)
-40M-30M-20M-10M02016201720182019202020212022202320242025
TONX Cash Flows (USD) by year
PeriodCash Flows (USD)
2025-20.86M
2024-9.15M
2023-10.9M
2022-24.15M
2021-30.47M
2020-16.61M
2019-8.26M
2018-4.16M
2017-1.68M
2016-1.61M
EPS (USD)
-10000-7500-5000-250002016201720182019202020212022202320242025
TONX EPS (USD) by year
PeriodEPS (USD)
2025-5.85
2024-33.7
2023-1058.87
2022-1922.49
2021-4400
2020-6422.35
2019-6320
2018-9840
2017-7324.6
2016-6172.55
Expenses (USD)
020M40M60MR&DSG&ACapex2016201720182019202020212022202320242025
TONX Expenses (USD) by year
PeriodExpenses (USD)
202540.99M
202411.88M
202312.46M
202231.53M
202142.66M
202028.71M
201919.11M
20187.76M
20174.7M
20163.13M
Cash & Debt (USD)
010M20M30M40MCashLong Term DebtShort Term Debt2016201720182019202020212022202320242025
TONX Cash & Debt (USD) by year
PeriodCash & Debt (USD)
202539.49M
202412.53M
20234.35M
20222.43M
2021937K
20201.81M
2019983K
2018634K
201710.56K
201616.76K
Debt ratios
-0.2-0.100.10.220182019202020212022202320242025
TONX Debt ratios by year
PeriodDebt ratios
20250.2
20240.15
20230.02
2022-0.07
2021-0.04
2020-0.08
2019-0.15
2018-0.06
Margins
-600%-400%-200%0%200%2016201720182019202020212022202320242025
TONX Margins by year
PeriodMargins
202567.58%
202444.92%
202369.84%
202263.21%
202157.2%
202051.82%
201946.48%
201833.7%
2017-407.27%
2016100%
Return on Capital
-750%-500%-250%0%250%2016201720182019202020212022202320242025
TONX Return on Capital by year
PeriodReturn on Capital
2025-36.54%
2024-64.47%
2023-703.81%
2022-724.68%
2021-258.87%
2020-232.26%
2019-139.08%
2018239.87%
2017125.52%
2016123.24%
Shares Outstanding
020M40M60M80M2016201720182019202020212022202320242025
TONX Shares Outstanding by year
PeriodShares Outstanding
202560.35M
20240
20230
20220
20210
20200
20190
20180
20170
2016806
Book Value Per Share (USD)
-6000-4000-200002000201520162025
TONX Book Value Per Share (USD) by year
PeriodBook Value Per Share (USD)
20256.73
2016-4303.01
2015-4109.46
Total Assets (USD)
0200M400M600M2016201720182019202020212022202320242025
TONX Total Assets (USD) by year
PeriodTotal Assets (USD)
2025411.16M
202420.64M
202310.84M
202224.49M
202134.43M
202032.54M
201928.36M
2018898K
201790.8K
2016104.2K
Employee Count
0501001502016201720182019202020212022202320242025
TONX Employee Count by year
PeriodEmployee Count
202525
202418
202320
202276
2021107
2020104
201983
201810
20177
20163
PE Ratio
0.811.21.41.61.8med 1.29Nov 25Dec 25Jan 26Jan 26Feb 26Mar 26Mar 26
TONX PE Ratio by year
PeriodPE Ratio
Mar 261.19
Mar 261.44
Mar 261.64
Mar 261.33
Feb 260.95
Feb 260.91
Feb 261.03
Feb 260.96
Jan 261.28
Jan 261.26
Jan 261.4
Jan 261.47
Jan 261.18
Dec 251.07
Dec 251.19
Dec 251.31
Dec 251.5
Nov 251.67
Nov 251.41
Nov 251.62
Free Cash Flow Yield
-300%-200%-100%0%med -73.83%Nov 24Feb 25Jul 25Oct 25Feb 26May 26Sep 26
TONX Free Cash Flow Yield by year
PeriodFree Cash Flow Yield
Sep 26-16.5%
Sep 26-15.11%
Aug 26-15.44%
Aug 26-16.4%
Aug 26-18.65%
Aug 26-14.03%
Jul 26-14.08%
Jul 26-12.95%
Jul 26-12.87%
Jul 26-13.07%
Jul 26-14.57%
Jun 26-16.39%
Jun 26-12.53%
Jun 26-13.32%
Jun 26-13.49%
May 26-10.54%
May 26-10.65%
May 26-11.43%
May 26-9.5%
May 26-16.31%
Apr 26-14.53%
Apr 26-14.35%
Apr 26-16.62%
Apr 26-14.47%
Mar 26-16.45%
Mar 26-13.55%
Mar 26-11.93%
Mar 26-14.64%
Feb 26-20.6%
Feb 26-21.37%
Feb 26-19.03%
Feb 26-20.39%
Jan 26-15.31%
Jan 26-15.49%
Jan 26-13.93%
Jan 26-13.32%
Jan 26-16.58%
Dec 25-18.25%
Dec 25-16.45%
Dec 25-14.97%
Dec 25-13.06%
Nov 25-11.72%
Nov 25-13.88%
Nov 25-12.07%
Nov 25-158.56%
Oct 25-121.4%
Oct 25-132.47%
Oct 25-141.8%
Oct 25-94.11%
Oct 25-76.16%
Sep 25-75.4%
Sep 25-76.95%
Sep 25-72.27%
Sep 25-48.86%
Aug 25-36.09%
Aug 25-24.16%
Aug 25-23.31%
Aug 25-31.15%
Aug 25-82.91%
Jul 25-90.42%
Jul 25-86.36%
Jul 25-92.98%
Jul 25-96.75%
Jun 25-115.95%
Jun 25-112.8%
Jun 25-111.05%
Jun 25-87.8%
May 25-97.46%
May 25-125.96%
May 25-123.78%
Mar 25-239.43%
Mar 25-262.5%
Mar 25-257.84%
Feb 25-275.8%
Feb 25-263.03%
Feb 25-238.12%
Feb 25-229.75%
Jan 25-223.46%
Jan 25-210.17%
Jan 25-228.14%
Jan 25-210.51%
Jan 25-172.69%
Dec 24-198.07%
Dec 24-217.15%
Dec 24-184.12%
Dec 24-157.69%
Nov 24-138.78%
Nov 24-146.23%
Nov 24-201.12%
Nov 24-133.67%
Nov 24-168.25%
Oct 24-163.28%
Oct 24-170.03%
Oct 24-223.77%
Oct 24-180.61%
Sep 24-163.89%
Sep 24-119.59%
Sep 24-140.48%
Sep 24-124.65%
Aug 24-122.92%
Price to Sales
020406080med 11.48Nov 24Feb 25Jul 25Oct 25Feb 26May 26Sep 26
TONX Price to Sales by year
PeriodPrice to Sales
Sep 265.97
Sep 266.52
Aug 266.39
Aug 266.01
Aug 265.29
Aug 2610.4
Jul 2610.37
Jul 2611.27
Jul 2611.34
Jul 2611.17
Jul 2610.02
Jun 268.91
Jun 2611.66
Jun 2610.96
Jun 2610.82
May 2613.85
May 2613.71
May 2612.77
May 2617.19
May 2610.01
Apr 2611.24
Apr 2611.38
Apr 269.82
Apr 2611.29
Mar 2611.67
Mar 2614.17
Mar 2616.09
Mar 2613.11
Feb 269.32
Feb 268.98
Feb 2610.08
Feb 269.41
Jan 2612.53
Jan 2612.39
Jan 2613.78
Jan 2614.41
Jan 2611.57
Dec 2510.52
Dec 2511.67
Dec 2512.82
Dec 2514.69
Nov 2516.37
Nov 2513.83
Nov 2515.89
Nov 251.06
Oct 251.39
Oct 251.27
Oct 251.19
Oct 251.79
Oct 252.21
Sep 252.23
Sep 252.19
Sep 252.33
Sep 253.45
Aug 254.67
Aug 256.97
Aug 257.23
Aug 255.41
Aug 254.42
Jul 254.06
Jul 254.25
Jul 253.94
Jul 253.79
Jun 253.16
Jun 253.25
Jun 253.3
Jun 254.18
May 253.76
May 252.91
May 252.96
Mar 2519.29
Mar 2517.59
Mar 2517.91
Feb 2516.75
Feb 2517.56
Feb 2519.4
Feb 2520.1
Jan 2520.67
Jan 2521.97
Jan 2520.24
Jan 2521.94
Jan 2526.74
Dec 2423.32
Dec 2421.27
Dec 2425.08
Dec 2429.29
Nov 2433.28
Nov 2431.58
Nov 2422.96
Nov 2434.55
Nov 2455.31
Oct 2456.99
Oct 2454.73
Oct 2441.59
Oct 2451.52
Sep 2456.78
Sep 2477.81
Sep 2466.25
Sep 2474.66
Aug 2475.71
EV/EBITDA
00.20.40.60.81med 0.5Nov 25Dec 25Jan 26Jan 26Feb 26Mar 26Mar 26
TONX EV/EBITDA by year
PeriodEV/EBITDA
Mar 260.41
Mar 260.62
Mar 260.78
Mar 260.53
Feb 260.21
Feb 260.18
Feb 260.28
Feb 260.22
Jan 260.48
Jan 260.47
Jan 260.59
Jan 260.64
Jan 260.4
Dec 250.31
Dec 250.41
Dec 250.51
Dec 250.67
Nov 250.81
Nov 250.59
Nov 250.77
Price to Book
00.511.52med 0.35Nov 24Feb 25Jul 25Oct 25Feb 26May 26Sep 26
TONX Price to Book by year
PeriodPrice to Book
Sep 260.44
Sep 260.48
Aug 260.47
Aug 260.45
Aug 260.39
Aug 260.55
Jul 260.55
Jul 260.6
Jul 260.6
Jul 260.59
Jul 260.53
Jun 260.47
Jun 260.62
Jun 260.58
Jun 260.57
May 260.73
May 260.72
May 260.67
May 260.54
May 260.31
Apr 260.35
Apr 260.36
Apr 260.31
Apr 260.35
Mar 260.14
Mar 260.17
Mar 260.2
Mar 260.16
Feb 260.11
Feb 260.11
Feb 260.12
Feb 260.11
Jan 260.15
Jan 260.15
Jan 260.17
Jan 260.17
Jan 260.14
Dec 250.13
Dec 250.14
Dec 250.16
Dec 250.18
Nov 250.2
Nov 250.17
Nov 250.19
Nov 250.23
Oct 250.31
Oct 250.28
Oct 250.26
Oct 250.4
Oct 250.49
Sep 250.49
Sep 250.48
Sep 250.52
Sep 250.76
Aug 251.03
Aug 251.54
Aug 251.6
Aug 251.2
Aug 250.67
Jul 250.61
Jul 250.64
Jul 250.59
Jul 250.57
Jun 250.48
Jun 250.49
Jun 250.5
Jun 250.63
May 250.57
May 250.44
May 250.45
Mar 250.22
Mar 250.2
Mar 250.2
Feb 250.19
Feb 250.2
Feb 250.22
Feb 250.22
Jan 250.23
Jan 250.24
Jan 250.23
Jan 250.24
Jan 250.3
Dec 240.26
Dec 240.24
Dec 240.28
Dec 240.33
Nov 240.37
Nov 240.35
Nov 240.26
Nov 240.39
Nov 240.28
Oct 240.29
Oct 240.28
Oct 240.21
Oct 240.26
Sep 240.29
Sep 240.4
Sep 240.34
Sep 240.38
Aug 240.39
TON Strategy Co.
TONX
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News: TONX

TON Strategy Company Highlights TON Upgrade Establishing Network-Level Infrastructure for Telegram's Native Gram Wallet

globenewswire.com · 1 Sep 2026

TON Strategy Company Highlights TON Upgrade Establishing Network-Level Infrastructure for Telegram's Native Gram Wallet

LAS VEGAS, Sept. 01, 2026 (GLOBE NEWSWIRE) -- TON Strategy Company (“ TON Strategy” or the “Company”) (Nasdaq: TONX), a digital asset treasury company dedicated to supporting The Open Network ("TON") ecosystem, voted in favor of two TON network upgrades, Config -123 and Config 30, supporting continued development of the network's consumer infrastructure and performance.

TON Strategy Company Appoints Oscar Suarez to Board of Directors and Names Him Audit Committee Chair

globenewswire.com · 17 Aug 2026

TON Strategy Company Appoints Oscar Suarez to Board of Directors and Names Him Audit Committee Chair

Accounting and financial services executive brings more than four decades of audit, tax, banking, and public-company governance experience Accounting and financial services executive brings more than four decades of audit, tax, banking, and public-company governance experience

TON Strategy Company (TONX) Q2 2026 Earnings Call Transcript

seekingalpha.com · 11 Aug 2026

TON Strategy Company (TONX) Q2 2026 Earnings Call Transcript

TON Strategy Company (TONX) Q2 2026 Earnings Call Transcript

TON Strategy Company Reports Second Quarter 2026 Financial Results

globenewswire.com · 11 Aug 2026

TON Strategy Company Reports Second Quarter 2026 Financial Results

Generated $15.0 million of Gram staking revenue  Held approximately 230.5 million Gram at June 30, including approximately 229.9 million Gram deployed in staking Executed primary actions expected to remove approximately $4.0 million of inherited annual cash operating costs LAS VEGAS, Aug. 11, 2026 (GLOBE NEWSWIRE) -- TON Strategy Company (“TON Strategy” or the “Company”) (Nasdaq: TONX), a digital asset treasury company dedicated to supporting the TON ecosystem, today reported financial results for the second quarter ended June 30, 2026, and provided an update on recent operational and strategic developments. Second Quarter and Recent Operational Highlights Held approximately 230.5 million units of Gram at June 30, 2026, including approximately 229.9 million units staked.

TON Strategy Company Sets Second Quarter 2026 Conference Call for Tuesday, August 11, 2026 at 9:00 a.m. ET

globenewswire.com · 28 Jul 2026

TON Strategy Company Sets Second Quarter 2026 Conference Call for Tuesday, August 11, 2026 at 9:00 a.m. ET

LAS VEGAS, July 28, 2026 (GLOBE NEWSWIRE) -- TON Strategy Company (Nasdaq: TONX), a digital asset treasury company dedicated to supporting the TON ecosystem, will hold a conference call on Tuesday, August 11, 2026 at 9:00 a.m. Eastern time to discuss its financial results for the second quarter ended June 30, 2026. Financial results will be issued in a press release prior to the call.

TON Strategy Company Highlights Continued Infrastructure Advancements Across the TON Ecosystem

globenewswire.com · 22 Jul 2026

TON Strategy Company Highlights Continued Infrastructure Advancements Across the TON Ecosystem

Recent data and developer infrastructure updates strengthen TON's foundation for continued growth and greater scale Recent data and developer infrastructure updates strengthen TON's foundation for continued growth and greater scale

TON Strategy Company Provides Update on Wind-Down of Legacy Operations and June Staking Performance

globenewswire.com · 16 Jul 2026

TON Strategy Company Provides Update on Wind-Down of Legacy Operations and June Staking Performance

LAS VEGAS, July 16, 2026 (GLOBE NEWSWIRE) -- TON Strategy Company (“ TON Strategy” or the “Company”) (Nasdaq: TONX), a digital asset treasury company dedicated to supporting the TON ecosystem, today provided an update on recent actions taken to wind down legacy social commerce and software operations inherited from Verb Technology Company and reduce the related expense burden. The Company believes the primary operating actions associated with this initiative have largely been completed. The Company also highlighted strong preliminary June staking performance.

TON Strategy Company Advances Share Repurchase Program

globenewswire.com · 1 Jul 2026

TON Strategy Company Advances Share Repurchase Program

LAS VEGAS, July 01, 2026 (GLOBE NEWSWIRE) -- TON Strategy Company (“ TON Strategy” or the “Company”) (Nasdaq: TONX), a digital asset treasury company dedicated to supporting the TON ecosystem, today announced that it has entered into a Rule 10b5-1 trading plan (the “Plan”) to facilitate the repurchase of the Company's common stock during a two-month period beginning July 1, 2026. The Plan was established under the Company's existing $250 million stock repurchase authorization announced on September 3, 2025.

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