Revenue surged 65% YoY to $870M, including $300M from Toncoin deals, but a sharp drop in Toncoin value led to a $220M net loss despite $400M operating profit.
Telegram’s unaudited H1 2025 revenue reached $870 million, up 65% from $525 million in the prior year. The results included $300 million from exclusive Toncoin deals. Despite posting a $400 million operating profit, a 69% drop in Toncoin’s value resulted in a $220 million net loss. The company maintains its $2 billion revenue target for 2025.