Tron Inc's quarterly profit rises 22% to $14.9 million as its staking income on the Tron network climbs 41%
Tron Inc., a Nasdaq-listed company that holds TRX, the token of the Tron network, said on Tuesday that its third-quarter net income rose about 22% to $14.9 million from $12.2 million a year earlier. Net income for the first nine months of 2026 rose about 203% to $39.4 million from $13.0 million.
Staking, which the company does by taking part in the Tron network, is a growing part of the picture. Staking income rose about 41% to about $3.18 million in the quarter and reached about $9.51 million in the first nine months, against $2.30 million a year earlier. The Block described the staking income as unrealized. The company's digital asset holdings were worth $257.8 million at the end of September, and The Block reported that the company said in a post on X that it held 723 million TRX as of Tuesday.
Tron Inc. was renamed from SRM Entertainment in July 2025, moving from toys and entertainment into running a crypto treasury, and Tron founder Justin Sun is an adviser, according to The Block. Chief executive Rich Miller said the company's election as a Tron Super Representative in October is a first step toward deeper integration with the network, The Block reported. Its shares closed flat at $1.45 on Tuesday.
This story is reporting and analysis. It is not financial, legal or tax advice.
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