TOP · XBRL financial data
TOP Financial Group financial statements, every quarter
The same tables from 7 filings, lined up. Matched by XBRL tag: renamed lines keep their history.
How these numbers work
- Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
- Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
- * marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
- 0 means a filing states zero; a dash (—) means no filing states that number.
- “year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
- Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
- Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
- Shares outstanding come from each filing's cover page, as of the date printed there.
- Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.
Income statement
CSVFiscal quarters (TOP's year ends in late March)
| In thousands of dollars | Mar 31, 2022 | Mar 31, 2023 | Mar 31, 2024 | Mar 31, 2025 | Mar 31, 2026 | Jun 30, 2026 | Sep 30, 2026 |
|---|---|---|---|---|---|---|---|
| Revenue | year only | year only | year only | year only | year only | 1,077 | 2,210 |
| Total operating expenses | year only | year only | year only | year only | year only | 1,464 | 1,936 |
| Operating income (loss) | — | — | — | year only | year only | (387) | 274 |
| Income tax expense (benefit) | year only | year only | year only | year only | year only | (273) | 0 |
| Net income (loss) | year only | year only | year only | year only | year only | (113) | 274 |
| Earnings per share, basic USD per share | — | — | — | — | — | (0.02) | 0.00 |
| Earnings per share, diluted USD per share | — | — | — | — | — | (0.02) | 0.00 |
| Weighted average shares, basic thousands of shares | — | — | — | — | — | 7,493 | 103,835 |
| Weighted average shares, diluted thousands of shares | — | — | — | — | — | 7,493 | 103,835 |
Balance sheet
CSVFiscal quarters (TOP's year ends in late March)
| In thousands of dollars | Mar 31, 2022 | Mar 31, 2023 | Mar 31, 2024 | Mar 31, 2025 | Mar 31, 2026 | Jun 30, 2026 | Sep 30, 2026 |
|---|---|---|---|---|---|---|---|
| Cash and cash equivalents | 6,199 | 15,966 | 25,920 | 12,227 | 12,990 | 10,407 | 8,898 |
| Property and equipment, net | 421 | 482 | 459 | 434 | 1,115 | 1,060 | 1,007 |
| Right-of-use asset | 243 | 157 | 60 | 270 | 1,557 | 1,386 | 1,243 |
| Goodwill | — | — | — | — | 26 | 26 | 26 |
| Total assets | 13,881 | 40,284 | 57,643 | 46,800 | 86,057 | 158,407 | 171,559 |
| Lease liability, non-current | 245 | 150 | — | — | — | — | — |
| Total liabilities | 3,686 | 4,333 | 17,112 | 11,914 | 51,812 | 121,409 | 54,246 |
| Retained earnings | 7,265 | 10,662 | 11,714 | 5,744 | 4,574 | 4,460 | 4,734 |
| Total stockholders' equity | 10,195 | 35,951 | 40,531 | 34,885 | 33,944 | 36,698 | 117,012 |
| Total liabilities and equity | 13,881 | 40,284 | 57,643 | 46,800 | 86,057 | 158,407 | 171,559 |
| Common shares outstanding (cover page) thousands of shares | 30,000 | 35,005 | 37,016 | 37,044 | — | — | — |
Cash flows
CSVFiscal quarters (TOP's year ends in late March)
| In thousands of dollars | Mar 31, 2022 | Mar 31, 2023 | Mar 31, 2024 | Mar 31, 2025 | Mar 31, 2026 | Jun 30, 2026 | Sep 30, 2026 |
|---|---|---|---|---|---|---|---|
| Net income (loss) | year only | year only | year only | year only | year only | (113) | 274 |
| Stock-based compensation | — | year only | year only | year only | year only | — | — |
| Net cash from operating activities | year only | year only | year only | year only | year only | 6,035 | (8,421)* |
| Purchases of property and equipment | — | year only | year only | year only | year only | 3 | 7* |
| Net cash from investing activities | year only | year only | year only | year only | year only | 7,817 | (3,141)* |
| Proceeds from issuing common stock | — | year only | — | — | — | — | — |
| Net cash from financing activities | — | year only | year only | — | year only | — | — |
| Net change in cash | year only | year only | year only | — | — | — | — |
Compare with peers
SIC 6200 and related industry codes, similar size; rows marked “added: same SIC” fill a short list. Each row is the latest quarter reported.
How peers are chosen
- SIC 6200 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
- Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
- Fewer than three companies fall in that range, so the list adds same-SIC (6200) companies nearest in public float, each marked “added: same SIC”.
- Runway shows only for companies burning cash with under $10B of public float.
- * marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
| Company | Cash ($K) | Revenue, quarter ($K) | Operating cash flow, quarter ($K) | Shares outstanding | Runway | Quarter |
|---|---|---|---|---|---|---|
| TOP Financial Group | 8,898 | 2,210 | (8,421)* | not reported | 7.4 quarters | 10-QSep 30, 2026 |
| Forge Global Holdingsadded: same SIC | 32,294 | 21,260 | (11,354)* | 13.8M | 5.3 quarters | 10-QSep 30, 2025 |
| Streamexadded: same SIC | 5,605 | 146 | (11,739)* | 116.5M | 1.6 quarters | 10-QJun 30, 2026 |
| StoneX Groupadded: same SIC | 2,194,300 | 40,193,000 | (1,208,400)* | 120.6M | 1.8 quarters | 10-QJun 30, 2026 |
| BGC Groupadded: same SIC | 766,854 | 845,545 | 161,600* | not reported | — | 10-QJun 30, 2026 |
| Tradeweb Marketsadded: same SIC | 2,114,895 | 584,545 | 347,319* | not reported | — | 10-QSep 30, 2026 |
| Cboe Global Marketsadded: same SIC | 2,662,600 | 1,358,800 | 817,100* | 104.3M | — | 10-QSep 30, 2026 |
| LPL Financial Holdingsadded: same SIC | 1,059,019 | 5,344,030 | 297,148* | 77.9M | — | 10-QSep 30, 2026 |
| Nasdaqadded: same SIC | 365,000 | 2,393,000 | 521,000* | 555.0M | — | 10-QSep 30, 2026 |
Not investment advice. Not affiliated with the U.S. SEC.