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Where the tokens are
Standardised from the company’s filings, newest period first, labelled with the company’s own fiscal calendar. A line the company does not report is left off rather than shown as zero; margins and free cash flow are worked out here, and only where every input is present.
| Line item | Q2 FY262026-06-30 | Q1 FY262026-03-31 | Q4 FY252025-12-31 | Q3 FY252025-09-30 | Q2 FY252025-06-30 | Q1 FY252025-03-31 | Q4 FY242024-12-31 | Q3 FY242024-09-30 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $6.74B | $6.59B | $7.39B | $7.01B | $6.91B | $6.43B | $7.36B | $18.33M |
| Cost of revenue | $5.17B | $5.08B | $5.63B | $5.31B | $5.30B | $4.95B | $5.67B | $4.13M |
| Gross profit | $1.58B | $1.50B | $1.75B | $1.70B | $1.62B | $1.48B | $1.70B | $14.19M |
| Gross margin | 23.4% | 22.8% | 23.7% | 24.3% | 23.4% | 23.0% | 23.0% | 77.4% |
| Research and development | $143.00M | $133.00M | $147.00M | $146.00M | $161.00M | $146.00M | $163.00M | $639.47K |
| Selling, general and administrative | $569.00M | $562.00M | $636.00M | $607.00M | $567.00M | $577.00M | $585.00M | $7.76M |
| Operating expenses | $723.00M | $732.00M | $998.00M | $753.00M | $728.00M | $723.00M | $1.01B | $8.40M |
| Operating income | $854.00M | $772.00M | $755.00M | $948.00M | $887.00M | $752.00M | $688.00M | $5.79M |
| Operating margin | 12.7% | 11.7% | 10.2% | 13.5% | 12.8% | 11.7% | 9.3% | 31.6% |
| EBITDA | $1.20B | $1.16B | $1.30B | $1.23B | $1.18B | $1.04B | $1.24B | $5.98M |
| Interest income | $0 | −$86.00M | $0 | — | $0 | −$51.00M | $0 | — |
| Interest expense | −$66.00M | $0 | −$61.00M | −$56.00M | −$54.00M | $0 | −$55.00M | — |
| Income before taxes | $892.00M | $1.27B | $528.00M | $821.00M | $967.00M | $561.00M | $792.00M | $6.42M |
| Income taxes | $210.00M | $336.00M | −$359.00M | $204.00M | $256.00M | $152.00M | −$399.00M | $1.37M |
| Net income | $682.00M | $938.00M | $887.00M | $617.00M | $711.00M | $409.00M | $1.19B | $5.05M |
| Net margin | 10.1% | 14.2% | 12.0% | 8.8% | 10.3% | 6.4% | 16.2% | 27.6% |
| EPS, basic | $0.69 | $0.94 | $0.89 | $0.62 | $0.71 | $0.41 | $1.19 | $0.40 |
| EPS, diluted | $0.68 | $0.93 | $0.88 | $0.61 | $0.71 | $0.40 | $1.18 | $0.40 |
| Diluted shares | 997.00M | 996.00M | 994.00M | 992.00M | 991.00M | 999.00M | 1.00B | 12.78M |
Figures describe Baker Hughes shares, not any token. As of Jul 27, 2026, from Massive's standardised financials. The company reports these figures; a token's issuer holds the shares and reports nothing of its own here.