TON Strategy CoTONX -5.64%50 Gross Margin % is 75.33% as of Mar. 2026, which is 32% above its 10-year median of 57.20. GuruFocus rates TONX with a GF Score™ of 50/100 and a GF Value™ of $17.74 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 2,683 Software companies, TON Strategy Co ranks better than 80.69% on this metric.
The historical rank and industry rank for TON Strategy Co's Gross Margin % or its related term are showing as below:
TONX'
s Gross Margin % Range Over the Past 10 Years
Min: -62.5 Med: 57.2 Max: 74.97
Current: 71.05
During the past 13 years, the highestGross Margin % of TON Strategy Co was 74.97%. The lowest was -62.50%. And the median was 57.20%.
TONX's Gross Margin % is ranked better than 80.69% of 2683
companies
in the Software industry
Industry Median: 40.45
vs TONX: 71.05
TON Strategy Co had a gross margin of 75.33% for the quarter that ended in Mar. 2026 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for TON Strategy Co was 7.10% per year.
TON Strategy Co (NAS:TONX) Gross Margin % Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
TON Strategy Co had a gross margin of 75.33% for the quarter that ended in Mar. 2026 => Durable competitive advantage
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
TON Strategy Co Gross Margin % Related Terms
TON Strategy Co Gross Margin % Historical Data
* Premium members only.
The historical data trend for TON Strategy Co's Gross Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
TONX vs KLTR, IMMR, SMRT: Gross Margin % Comparison
For the Software - Application subindustry, TON Strategy Co's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
TON Strategy Co Gross Margin % vs Software Industry
For the Software industry and Technology sector, TON Strategy Co's Gross Margin % distribution charts can be found below:
* The bar in red indicates where TON Strategy Co's Gross Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
TON Strategy Co (TONX) has a Gross Margin % of 75.33% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on TON Strategy Co and its competitors. This is 32% above median its historical median of 57.20. According to the industry distribution chart, TON Strategy Co ranks #518 out of 2683 companies in the Software industry, placing it in the top 19.3%.
Is TON Strategy Co's Gross Margin % too high?
TON Strategy Co's current Gross Margin % of 75.33% is 32% above median its 10-year median of 57.20. The Software industry median Gross Margin % is 40.45. TON Strategy Co's value of 75.33% is 86.2% above this industry median. Based on the distribution chart, TON Strategy Co ranks #518 out of 2683 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, TON Strategy Co has a GF Score™ of 50/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does TON Strategy Co's Gross Margin % compare to KLTR and IMMR?
According to the Software industry distribution chart, TON Strategy Co ranks #518 out of 2683 companies for Gross Margin %. This places TON Strategy Co in the top 19% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 40.45. TON Strategy Co's value of 75.33% is 86.2% above this benchmark. While the company's 10-year median is 57.20 vs. the industry median of 40.45, TON Strategy Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Software company?
The median Gross Margin % among Software companies is 40.45, based on 2,683 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. TON Strategy Co's current Gross Margin % of 75.33% is 86.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on TON Strategy Co and its competitors. For the Software industry, the median Gross Margin % is 40.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TON Strategy Co's current Gross Margin % is 75.33%, which is 32% above median its own 10-year median of 57.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TON Strategy Co stock overvalued right now?
Based on GuruFocus' analysis, TON Strategy Co (TONX) is currently considered Possible Value Trap. The stock's GF Value™ is $17.74, compared to a current price of $2.43 — trading 86.3% below its estimated fair value. The current Gross Margin % is 75.33%, which is 32% above median its 10-year median of 57.20 and 86.2% above the Software industry median of 40.45. TON Strategy Co's overall GF Score™ is 50/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For TON Strategy Co (TONX), the current Gross Margin % is 75.33% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is TON Strategy Co (TONX) Overvalued in 2026?
Based on GuruFocus' analysis, TON Strategy Co stock appears to be undervalued.
The current stock price of $2.43 is trading 86.3% below its estimated GF Value™ of $17.74.
GuruFocus considers TON Strategy Co to be Possible Value Trap.
Key valuation signals for TONX:
Gross Margin %: 75.33% (32% above median its 10-year median of 57.20)
GF Value™: $17.74 vs. price of $2.43 (86.3% below fair value)
Industry Position: 86.2% above the Software median (#518 of 2683)
No single metric tells the full story. See the TONX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TON Strategy Co is a digital asset treasury and Web3 ecosystem company focused on supporting The Open Network, a public blockchain integrated with Telegram and designed for fast, scalable transactions and decentralized applications. Its core business is managing its holdings of Toncoin (TON), including staking tokens to support network validation and earn rewards, while adhering to regulatory, accounting, and risk management standards. The company also pursues Web3 initiatives to support the ecosystem's growth and adoption. It operates through MARKET. live, Go Fund Yourself, and TON segments, with MARKET.live generating maximum revenue as a multi-vendor livestream shopping platform that combines e-commerce and entertainment across social and video channels.
50GF Score
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