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TON Strategy Co income statement

In fiscal 2025, TON Strategy Co reported revenue of $12.8m, up 1327.8% on the year before, operating income of −$36.4m (a -285.2% margin) and net income of −$148m, or −$5.96 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year2017Dec 20172018Dec 20182019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMJun 2026
Revenue00910110011330
Cost of revenue0055530045
Gross profit−0−0456601925
Research and development0148125————
Selling, general and administrative———1——————
General and administrative4715—261812114151
Operating income−5−8−16−25−34−19−14−12−36−34
Interest expense100131100—
Net interest income——————−1−0−0—
Income before tax——−16−25−34——−11−149—
Income tax0−0000———−0—
Net income−7−12−16−25−34−37−22−10−148−158
Diluted EPS−$4120.00−$0.61−$0.79−$0.80−$0.55−$6.68−$441.48−$19.36−$5.96—
Diluted shares (average)————————25m—
EBITDA−5−8−15−23−32−18−11−11−35−34

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from TON Strategy Co's SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to TON Strategy Co.