TONX (TON Strategy Co) Net Income: $-236.95 Mil (TTM As of Mar. 2026)

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TONX TON Strategy Co TONX
46 GF Score
Price $3.35
GF Value $17.60
Valuation Possible Value Trap
! 4 Warning Signs
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What is TON Strategy Co Net Income?

TON Strategy Co TONX +3.08% 46 Net Income is $-236.95 Mil as of Mar. 2026. GuruFocus rates TONX with a GF Score™ of 46/100 and a GF Value™ of $17.60 (Possible Value Trap). The stock has 4 warning signs investors should review.

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. TON Strategy Co's Net Income for the three months ended in Mar. 2026 was $-91.04 Mil. Its Net Income for the trailing twelve months (TTM) ended in Mar. 2026 was $-236.95 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. TON Strategy Co's Earnings per Share (Diluted) for the three months ended in Mar. 2026 was $-1.56.


TON Strategy Co  (NAS:TONX) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

TON Strategy Co's Earnings per Share (Diluted) (EPS) for the quarter that ended in Mar. 2026 is calculated as

* 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.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


TON Strategy Co Net Income Related Terms


TON Strategy Co Net Income Historical Data

* Premium members only.

The historical data trend for TON Strategy Co's Net Income 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.

TON Strategy Co Net Income Chart

TON Strategy Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -34.49 -37.44 -21.99 -10.33 -148.48

TON Strategy Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -2.56 -2.38 84.34 -227.88 -91.04
TONX
46GF Score
TON Strategy Co TONX
Net Income is just one metric. See GF Score™, valuation, warning signs, and more.
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TON Strategy Co Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

TON Strategy Co's Net Income for the fiscal year that ended in Dec. 2025 is calculated as

Net Income(A: Dec. 2025 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-148.625+0.234+0+-0.088000000000022
=-148.48

TON Strategy Co's Net Income for the quarter that ended in Mar. 2026 is calculated as

Net Income(Q: Mar. 2026 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-90.952+0+0+-0.085999999999999
=-91.04

Net Income for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-236.95 Mil.

* 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.

Frequently Asked Questions Learn more about Net Income →
What does a Net Income of $-236.95 Mil mean?
TON Strategy Co (TONX) has a Net Income of $-236.95 Mil as of Mar. 2026. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on TON Strategy Co and its competitors.
Is TON Strategy Co's Net Income too high?
TON Strategy Co's current Net Income is $-236.95 Mil. Overall, TON Strategy Co has a GF Score™ of 46/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does TON Strategy Co's Net Income compare to SMRT and MRT?
TON Strategy Co's Net Income of $-236.95 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Income for a Software company?
A good Net Income depends on the Software industry context. However, Net Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Income mean?
A high Net Income can signal that a stock is expensive relative to its fundamentals. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on TON Strategy Co and its competitors. TON Strategy Co's current Net Income is $-236.95 Mil. 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 $17.60, compared to a current price of $3.35 — trading 81% below its estimated fair value. The current Net Income is $-236.95 Mil. TON Strategy Co's overall GF Score™ is 46/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Income calculated?
Net Income is calculated from a company's financial statements. For TON Strategy Co (TONX), the current Net Income is $-236.95 Mil 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 $3.35 is trading 81% below its estimated GF Value™ of $17.60. GuruFocus considers TON Strategy Co to be Possible Value Trap.

Key valuation signals for TONX:

  • Net Income: $-236.95 Mil
  • GF Value™: $17.60 vs. price of $3.35 (81% below fair value)
  • GF Score™: 46/100 with 4 warning signs

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 Business Description

Other Exchanges 37V:Germany
Address 2300 West Sahara Avenue, Suite 800, Las Vegas, NV, USA, 89102
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.
46GF Score

Get the complete analysis for TONX

Net Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$3.35
Price
$17.60
GF Value