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TON Strategy Company

TONX

Last
$3.22
Day
-0.6%
1y
-46.9%
5y
-100.0%
52w
-48.8%
SPY YTD
+13.3%
XLK
+37.1%
Earnings
2026-11-1131d
EMA 21
3.49
EMA 50
3.36
EMA 200
4.18
20d high
-22.8%
5y high
-100.0%
5y range
0th
Website · 25 employees · United States

Positions held

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Score
4
Hold
watch
Signal
Neutral
Target
$3.73
Stop
$2.84
Stop distance
11.8%
Target vs last
+15.8%

Fundamentals

Market cap$178.43MEnterprise value$149.40MTrailing P/E—Forward P/E—
PEG—Price / book0.45Beta0.73Dividend yield0.00%
Revenue growth6.1%Earnings growth—Gross margin84.4%Operating margin3.2%
Profit margin0.0%ROE-73.9%ROA-10.0%Debt / equity—
Current ratio6.39Free cash flow$5.93MAnalyst recommendationnoneMean target—
52w high$6.3352w low$1.75

Quarterly

2026-Q22026-Q12025-Q42025-Q32025-Q22025-Q1
Revenue$15.0M$5.3M$5.7M$3.6M$0.0M—
Op margin3.2%-74.0%-104.7%-601.5%——
Net income$76.8M-$91.0M-$228M$84.3M-$2.4M—
Gross margin94.9%75.3%64.3%75.4%——
Gross profit$14.3M$4.0M$3.7M$2.7M$0.0M—
Operating income$0.5M-$3.9M-$6.0M-$21.7M-$1.3M—
  • Revenue +186% vs prior quarter ($15M vs $5.3M).
  • Gross margin 94.9% (was 75.3% prior quarter).
  • Operating margin expanded to 3.2%.

Yearly (6y)

20252024202320222021
Revenue$12.8M$0.9M$0.1M$0.0M—
Op margin-260.7%-1301.0%-21896.8%-235925.0%—
Net income-$148M-$10.3M-$22.0M-$37.4M—
Gross margin69.5%75.0%69.8%62.5%—
Gross profit$8.9M$0.7M$0.0M$0.0M—
Operating income-$33.3M-$11.6M-$13.8M-$18.9M—
Headline scan

No flags

• No distress or material-risk keywords in recent headlines (keyword scan only — not a guarantee).

News

TONX · daily-20.4% over 13 sessions
Close EMA21 EMA50 EMA200
3.123.403.683.964.252026-092026-092026-092026-092026-102026-102026-10
Quarterly · revenue, net income, margins
Revenue Net income Gross margin Op margin
-$228M-$150M-$72M$6M$84M-601%-253%95%2025-Q22025-Q32025-Q42026-Q12026-Q2