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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 | $603.99M | $572.36M | $542.75M | $543.50M | $537.69M | $523.31M | $525.82M | $534.97M |
| Cost of revenue | $92.25M | $96.67M | $90.47M | $94.65M | $91.49M | $95.26M | $102.76M | $109.72M |
| Gross profit | $511.74M | $475.69M | $452.29M | $448.85M | $446.20M | $428.05M | $423.06M | $425.25M |
| Gross margin | 84.7% | 83.1% | 83.3% | 82.6% | 83.0% | 81.8% | 80.5% | 79.5% |
| Selling, general and administrative | $81.67M | $90.29M | $74.90M | $70.40M | $70.66M | $72.42M | $66.11M | $67.00M |
| Operating expenses | $297.07M | $291.13M | $253.00M | $244.02M | $244.44M | $238.38M | $235.72M | $237.60M |
| Operating income | $205.94M | $173.61M | $183.30M | $184.77M | $196.16M | $175.19M | $173.83M | $178.51M |
| Operating margin | 34.1% | 30.3% | 33.8% | 34.0% | 36.5% | 33.5% | 33.1% | 33.4% |
| EBITDA | $205.94M | $173.61M | $183.30M | $184.77M | $196.16M | $175.19M | $173.83M | $178.51M |
| Income before taxes | $205.94M | $185.25M | $183.30M | $184.77M | $196.16M | $167.60M | $173.83M | $178.51M |
| Income taxes | $45.78M | $40.88M | $40.62M | $41.15M | $42.40M | $36.96M | $36.59M | $38.25M |
| Net income | $160.17M | $144.37M | $142.68M | $143.62M | $153.76M | $130.63M | $137.24M | $140.26M |
| Net margin | 26.5% | 25.2% | 26.3% | 26.4% | 28.6% | 25.0% | 26.1% | 26.2% |
| EPS, basic | $1.10 | $0.96 | $0.97 | $1.01 | $1.09 | $0.93 | $0.84 | $0.97 |
| EPS, diluted | $1.10 | $0.96 | $0.97 | $1.01 | $1.09 | $0.93 | $0.84 | $0.96 |
| Diluted shares | 144.31M | 145.79M | 143.85M | 139.09M | 139.21M | 139.56M | 160.06M | 141.11M |
Figures describe Commerce Bancshares shares, not any token. As of Aug 5, 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.