TON Strategy Operating Expenses Growth & History (TONX)
TON Strategy's operating expenses was $49.2M for fiscal 2025.
View full TON Strategy company overviewTON Strategy annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $49.2M | $36.7M | +292.54% |
| 2024 | 2024-12-31 | $12.5M | −$1.3M | −9.52% |
| 2023 | 2023-12-31 | $13.9M | −$5.0M | −26.61% |
| 2022 | 2022-12-31 | $18.9M | −$20.9M | −52.48% |
| 2021 | 2021-12-31 | $39.7M | $9.8M | +32.88% |
| 2020 | 2020-12-31 | $29.9M | $9.8M | +49.03% |
| 2019 | 2019-12-31 | $20.1M | $12.3M | +158.16% |
| 2018 | 2018-12-31 | $7.8M | $3.1M | +64.98% |
| 2017 | 2017-12-31 | $4.7M | $1.6M | +50.46% |
| 2016 | 2016-12-31 | $3.1M | −$3.7M | −53.98% |
| 2015 | 2015-12-31 | $6.8M | — | — |
| 2013 · Nov 30 | 2013-11-30 | $25,210 | — | — |
TON Strategy quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $13.8M | $12.5M | +991.44% |
| Q1 2026 | 2026-03-31 | $7.8M | $4.5M | +132.84% |
| Q4 2025 | 2025-12-31 | $19.3M | $14.8M | +334.78% |
| Q3 2025 | 2025-09-30 | $25.3M | $22.9M | +937.58% |
| Q2 2025 | 2025-06-30 | $1.3M | −$1.2M | −48.32% |
| Q1 2025 | 2025-03-31 | $3.4M | $144,000 | +4.47% |
| Q4 2024 | 2024-12-31 | $4.4M | $1.4M | +45.77% |
| Q3 2024 | 2024-09-30 | $2.4M | −$979,000 | −28.63% |
| Q2 2024 | 2024-06-30 | $2.4M | −$827,000 | −25.30% |
| Q1 2024 | 2024-03-31 | $3.2M | −$905,000 | −21.92% |
| Q4 2023 | 2023-12-31 | $3.0M | $449,000 | +17.32% |
| Q3 2023 | 2023-09-30 | $3.4M | −$2.1M | −38.55% |
| Q2 2023 | 2023-06-30 | $3.3M | −$1.5M | −31.95% |
| Q1 2023 | 2023-03-31 | $4.1M | −$4.9M | −54.25% |
| Q4 2022 | 2022-12-31 | $2.6M | −$6.3M | −70.85% |
| Q3 2022 | 2022-09-30 | $5.6M | −$4.5M | −44.60% |
| Q2 2022 | 2022-06-30 | $4.8M | −$5.4M | −52.69% |
| Q1 2022 | 2022-03-31 | $9.0M | −$1.6M | −15.19% |
| Q4 2021 | 2021-12-31 | $8.9M | −$405,000 | −4.36% |
| Q3 2021 | 2021-09-30 | $10.0M | $593,000 | +6.28% |
| Q2 2021 | 2021-06-30 | $10.2M | $4.2M | +69.19% |
| Q1 2021 | 2021-03-31 | $10.6M | $5.5M | +106.58% |
| Q4 2020 | 2020-12-31 | $9.3M | $2.2M | +30.53% |
| Q3 2020 | 2020-09-30 | $9.4M | $4.4M | +88.10% |
| Q2 2020 | 2020-06-30 | $6.0M | $838,000 | +16.23% |
| Q1 2020 | 2020-03-31 | $5.2M | $2.4M | +87.10% |
| Q4 2019 | 2019-12-31 | $7.1M | $5.8M | +442.09% |
| Q3 2019 | 2019-09-30 | $5.0M | $4.4M | +646.51% |
| Q2 2019 | 2019-06-30 | $5.2M | $4.8M | +1241.30% |
| Q1 2019 | 2019-03-31 | $2.8M | −$2.6M | −49.02% |
| Q4 2018 | 2018-12-31 | $1.3M | −$54,114 | −3.96% |
| Q3 2018 | 2018-09-30 | $673,000 | −$518,481 | −43.52% |
| Q2 2018 | 2018-06-30 | $385,000 | −$1.1M | −73.34% |
| Q1 2018 | 2018-03-31 | $5.4M | $4.7M | +663.64% |
| Q4 2017 | 2017-12-31 | $1.4M | — | — |
| Q3 2017 | 2017-09-30 | $1.2M | $269,917 | +29.29% |
| Q2 2017 | 2017-06-30 | $1.4M | $313,253 | +27.70% |
| Q1 2017 | 2017-03-31 | $707,137 | — | — |
| Q3 2016 | 2016-09-30 | $921,564 | −$1.6M | −63.46% |
| Q2 2016 | 2016-06-30 | $1.1M | $164,763 | +17.05% |
| Q3 2015 | 2015-09-30 | $2.5M | — | — |
| Q2 2015 | 2015-06-30 | $966,252 | — | — |
| Q3 2014 · Aug 31 | 2014-08-31 | $51,550 | $48,701 | +1709.41% |
| Q2 2014 · May 31 | 2014-05-31 | $7,480 | −$2,582 | −25.66% |
| Q1 2014 · Feb 28 | 2014-02-28 | $14,794 | $11,103 | +300.81% |
| Q4 2013 | 2013-11-30 | $8,608 | — | — |
| Q3 2013 | 2013-08-31 | $2,849 | — | — |
| Q2 2013 | 2013-05-31 | $10,062 | — | — |
| Q1 2013 | 2013-02-28 | $3,691 | — | — |
TON Strategy operating expenses trends
Over the last five fiscal years, TON Strategy's operating expenses increased from $29.9M to $49.2M, a change of $19.3M. The latest reported quarter, Q2 2026, shows $13.8M.
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review TON Strategy source filings ↗