Tron Inc, the Nasdaq-listed corporate treasury focused on the Tron ecosystem, reported a 22% year-over-year increase in third-quarter net income to $14.9 million, according to its latest quarterly report released Tuesday. For the first nine months of the year, net income reached $39.4 million, a jump of 203% compared with the same period a year earlier.
The company said its digital asset holdings rose to $257.8 million at the end of September. As of Tuesday, Tron Inc held 723 million TRX tokens, worth approximately $229.3 million. Its unrealized staking income climbed 41% year-over-year to roughly $3.18 million in Q3, while the nine-month figure more than quadrupled to $9.51 million.
"Unlike unrealized gains resulting from changes in digital asset market prices, staking income reflects rewards associated with the company's participation in Tron Network staking activities," the company said. CEO Rich Miller added that Tron Inc's strategy is expanding beyond holding digital assets to providing additional value-add services for the Tron network, calling the company's October election as a TRON Super Representative "an initial step in positioning Tron Inc. for further infrastructure integration within the TRON ecosystem."
Tron Inc rebranded from SRM Entertainment in July 2025 and later brought on Tron founder Justin Sun as an advisor. TRX traded flat over the past 24 hours at $0.3172, with a market capitalization of $30.1 billion. The token has declined 5.5% over the last five months but remains up 11.5% year-to-date. Nasdaq-listed shares of Tron Inc closed flat at $1.45 on Tuesday, up 17.9% over the past month but down 33.5% over the past six months.