Filing Flows › TON Strategy (TONX) › Q2 2026 › vs Q2 2025
TON Strategy (TONX) Q2 2026 vs Q2 2025 (year over year)
TON Strategy's revenue rose $12.9M (+607%) from $2.1M in Q2 2025 to $15.0M in Q2 2026. Operating margin 3.2% against -59.4% (+62.6 pts).
TON Strategy, Q2 2026: revenue $15.0M (+607% year over year), operating margin 3.2%, net earnings $76.8M. The chart draws each line against Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Operating margin | 3.2% | -59.4% | +62.6 pts |
| Net margin | 511.0% | -111.9% | +622.9 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $15.0M | $2.1M | $12.9M | +607% |
| Cost of revenue | $766K | $611K | $155K | +25% |
| Other income, net | $76.0M | −$1.3M | $77.4M | — |
| Operating profit | $479K | −$1.3M | $1.7M | — |
| Pre-tax earnings | $76.5M | −$2.6M | $79.1M | — |
| General & admin | $9.6M | $891K | $8.7M | +976% |
| Other operating costs | $4.2M | $1.9M | $2.3M | +122% |
| Loss borne by minority interests | $225K | −$24K | $249K | — |
| Net earnings | $76.8M | −$2.4M | $79.1M | — |
| Income tax | $2K | −$253K | $255K | — |
Questions
How much did TON Strategy's revenue grow year over year in Q2 2026?
TON Strategy's revenue rose $12.9M (+607%) from $2.1M in Q2 2025 to $15.0M in Q2 2026. Operating margin 3.2% against -59.4% (+62.6 pts).