# Token Cat Ltd: overview TC · Nasdaq · CIK 1743340 · [Industrials](/sectors/industrials.md) · fiscal year ends Dec 31 Pages: [Overview](/companies/tc.md) · [Financials](/companies/tc/financials.md) · [Filings](/companies/tc/filings.md) · [Insiders](/companies/tc/insiders.md) Revenue is not reported in this company’s XBRL financial statements. ## Last eight quarters Not reported. ## Last five fiscal years | Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) | | --- | --- | ---: | ---: | ---: | ---: | ---: | | Revenue | $m | [56.1](/filings/0001410578-22-001104.md) | [183](/filings/0001104659-23-104299.md) | [22.9](/filings/0001104659-24-040494.md) | [6.7](/filings/0001013762-25-004225.md) | [0.8](/filings/0001213900-26-053942.md) | | Gross margin | % | [76.1%](/filings/0001410578-22-001104.md) | [8.9%](/filings/0001104659-23-104299.md) | [57.5%](/filings/0001104659-24-040494.md) | [68.3%](/filings/0001013762-25-004225.md) | [2.8%](/filings/0001213900-26-053942.md) | | Operating margin | % | [(31.0%)](/filings/0001410578-22-001104.md) | [(9.4%)](/filings/0001104659-23-104299.md) | [(74.5%)](/filings/0001104659-24-040494.md) | [(182.9%)](/filings/0001013762-25-004225.md) | [(582.2%)](/filings/0001213900-26-053942.md) | | Net margin | % | [(28.5%)](/filings/0001410578-22-001104.md) | [(13.2%)](/filings/0001104659-23-104299.md) | [(51.1%)](/filings/0001104659-24-040494.md) | [(382.3%)](/filings/0001013762-25-004225.md) | [38.1%](/filings/0001213900-26-053942.md) | | Diluted EPS | $ per share | not reported | not reported | not reported | [(0.05)](/filings/0001013762-25-004225.md) | not reported | | Free cash flow | $m | [(14.6)](/filings/0001410578-22-001104.md) | [(15.9)](/filings/0001104659-23-104299.md) | not reported | [(4.8)](/filings/0001013762-25-004225.md) | not reported | - Revenue. XBRL Revenue: us-gaap:Revenues; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. - Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:Revenues; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. - Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:Revenues; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. - Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:Revenues; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. - Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted. - Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing. ## Insider purchases and sales The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/tc/insiders.md) None in coverage. ## Funds that report holding it From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md) | Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before | | --- | --- | ---: | ---: | --- | --- | | [Caitong International Asset Management Co., Ltd](/funds/1963355.md) | 2026-06-30 | $163 | 88 | | New +88 | ## Recent filings [All 171 filings](/companies/tc/filings.md) | Filed | Accepted | Form | What it is | Accession | | --- | --- | --- | --- | --- | | 2026-10-15 | 21:28 ET | [6-K](/filings/0001213900-26-109909.md) | Report of a foreign private issuer, period 2026-06-30 | 0001213900-26-109909 | | 2026-08-28 | 20:15 ET | [6-K](/filings/0001213900-26-095056.md) | Report of a foreign private issuer, period 2026-08-28 | 0001213900-26-095056 | | 2026-05-08 | 20:40 ET | [20-F](/filings/0001213900-26-053942.md) | Annual report of a foreign private issuer, period 2025-12-31 | 0001213900-26-053942 | | 2026-02-27 | 21:30 ET | [6-K](/filings/0001213900-26-021681.md) | Report of a foreign private issuer, period 2026-02-27 | 0001213900-26-021681 | | 2026-02-13 | 21:30 ET | [6-K](/filings/0001213900-26-016456.md) | Report of a foreign private issuer, period 2026-02-12 | 0001213900-26-016456 | | 2026-02-06 | 21:30 ET | [6-K](/filings/0001213900-26-013304.md) | Report of a foreign private issuer, period 2026-02-06 | 0001213900-26-013304 | | 2026-02-03 | 21:44 ET | [6-K](/filings/0001213900-26-011523.md) | Report of a foreign private issuer, period 2026-02-03 | 0001213900-26-011523 | | 2026-01-15 | 21:03 ET | [6-K](/filings/0001213900-26-004668.md) | Report of a foreign private issuer, period 2026-01-15 | 0001213900-26-004668 | | 2025-11-06 | 14:15 ET | [6-K](/filings/0001213900-25-106866.md) | Report of a foreign private issuer, period 2025-11-06 | 0001213900-25-106866 | | 2025-10-15 | 20:05 ET | [6-K](/filings/0001213900-25-099132.md) | Report of a foreign private issuer, period 2025-10-15 | 0001213900-25-099132 | ## Latest annual report [Form 20-F for the fiscal year ended Dec 31, 2025](/filings/0001213900-26-053942.md), filed May 8, 2026. ## Forecast league Not in this season’s league. [This season’s league](/leagues.md) ## About the filer - CIK: 1743340 - Tickers: TC - Exchange: Nasdaq - SIC code: 7389 Services-Business Services, NEC - State of incorporation: E9 - Filer category: Non-accelerated filer Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:47 ET. No prices; not investment advice.