Growth & profitability
- Revenue has declined 7.9% per year over the past 3 years.
- Operating margin has contracted, at -53.1% in the latest year.
Financial health
- Operating income covered interest expense -83.6× in the latest year.
TRON Financials Tron Inc.
4 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
RevenueNet income
GrossOperatingNet
Free cash flow
CashTotal debt
OperatingInvestingFinancing
Key annual figures
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | $5M | -$17M | 25.3% | -53.1% | — | — | — |
| 2024 | $4M | -$4M | 19.8% | -100.5% | — | — | — |
| 2023 | $6M | -$2M | 22.9% | -35.4% | — | — | — |
| 2022 | $6M | $328701 | 20.3% | 5.9% | — | — | $7650 |
RevenueNet income
GrossOperatingNet
Free cash flow
CashTotal debt
OperatingInvestingFinancing
Key quarterly figures
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Mar '26 | $1M | $22M | 26.9% | -50.4% | — | — | — |
| Dec '25 | $1M | -$30M | 28.3% | -39.0% | — | — | — |
| Sep '25 | $1M | $12M | 27.0% | -59.5% | — | — | — |
| Jun '25 | $1M | $1M | 21.8% | -55.4% | — | — | — |
| Mar '25 | $1M | -$646586 | 24.5% | -59.4% | — | — | — |
| Dec '24 | $920706 | -$979498 | 18.5% | -104.4% | — | — | — |
| Sep '24 | $876392 | -$1M | 22.4% | -129.2% | — | — | — |
| Jun '24 | $2M | -$520971 | 21.5% | -34.9% | — | — | — |
| Mar '24 | $1M | -$2M | 16.3% | 0.0% | — | — | — |
| Dec '23 | $1M | -$757130 | 28.6% | 0.0% | — | — | — |
| Sep '23 | $1M | -$1M | 20.3% | 0.0% | — | — | — |
| Jun '23 | $2M | $228022 | 21.7% | 10.7% | — | — | $14938 |
| Mar '23 | $1M | -$38002 | 21.7% | 0.0% | — | — | — |
| Dec '22 | $876309 | -$862221 | 25.9% | 0.0% | — | — | $7650 |
| Sep '22 | $2M | $242810 | 26.5% | 0.0% | — | — | — |
| Jun '22 | — | $294972 | — | — | — | — | — |
| Mar '22 | — | -$4262 | — | — | — | — | — |
Valuation over time
How the market has priced TRON against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
- The price-to-earnings ratio has risen from 15283.5× (Mar '23) to 16510.2× (Dec '23).
- The price-to-sales ratio has fallen from 826.8× (Mar '23) to 136.6× (Jun '26).
P/E
P/S
Frequently asked questions
Is TRON growing its revenue and profit?
Over the past 3 years, Tron Inc.'s revenue has declined 7.9% per year. These are computed facts, not advice.
How much debt does TRON have?
As of FY2025, Tron Inc. reported — of total debt against — of cash; operating income covered interest expense -83.6×.
What is TRON's profit margin?
In FY2025, gross margin was 25.3%, operating margin -53.1%, and net margin -354.6%.
What is TRON's P/E ratio?
As of Jun '26, Tron Inc. traded at a price-to-earnings ratio of about 16510.2× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.