VERB stock enters a TON treasury phase after Q2 profit
Published on 09/30/2026 at 17:51 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
VERB stock now represents TON Strategy Company after the former Verb Technology Company changed its name in September 2025. The company reported USD 76.8 million in Q2 2026 net income, or USD 1.31 per diluted share, as its digital asset treasury and staking strategy became the central business driver.
Q2 profit changes the picture
For the three months ended June 30, 2026, total revenue reached USD 15.0 million, compared with USD 5.3 million in Q1 2026. StockTitan reported that gross profit was USD 14.3 million, equal to a 95.00 percent gross margin.
The earnings quality remains tied to digital asset valuation. Q2 pretax income from continuing operations reached USD 83.5 million, including an USD 82.8 million gain from changes in the fair value of Gram holdings, while operating income from continuing operations was USD 0.5 million.
Gram treasury drives strategy
In a September 28, 2026 interview, Pulse 2.0 reported that TON Strategy had 230 million Gram deployed in staking and generated USD 15.0 million of staking revenue during the quarter. The stated gross margin for that staking revenue was 95.00 percent.
The balance sheet gives the strategy financial room, but the earnings profile is volatile. Digital assets had a fair value of USD 369.5 million at June 30, 2026, while cash and restricted cash stood at USD 29.0 million and debt stood at zero, according to StockTitan.
NASDAQ identity is now TONX
Stock Analysis identifies the company as TON Strategy Company, ticker TONX, listed on NASDAQ, with reporting currency USD and a fiscal year ending in December. Its sector is Information Technology and its industry is Application Software.
The transition also reduced the role of the inherited commerce operations. Pulse 2.0 reported that management had largely completed the wind-down of legacy businesses from VERB and eliminated USD 4.0 million of annual cash operating costs, shifting capital and management attention toward the Gram treasury and the broader TON ecosystem.
VERB stock follows the strategy shift
The key investor comparison is the move from USD 5.3 million of Q1 revenue to USD 15.0 million in Q2, alongside a change from a USD 90.9 million Q1 net loss to USD 76.8 million of Q2 net income. The comparison is substantial, but the USD 82.8 million fair-value gain shows why quarterly results can change sharply with digital asset prices.
VERB stock company profile
- Company: TON Strategy Company
- Ticker: TONX
- Primary exchange: NASDAQ
- Sector / Industry: Information Technology / Application Software
- Reporting currency: USD
- Latest reported period: Q2 2026 ended June 30, 2026
