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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 | $9.46B | $8.40B | $8.54B | $8.32B | $8.64B | $8.17B | $8.45B | $8.46B |
| Cost of revenue | $6.99B | $6.16B | $6.59B | $6.19B | $6.36B | $6.02B | $6.41B | $6.29B |
| Gross profit | $2.47B | $2.24B | $1.95B | $2.13B | $2.28B | $2.16B | $2.03B | $2.17B |
| Gross margin | 26.1% | 26.7% | 22.9% | 25.6% | 26.4% | 26.4% | 24.1% | 25.7% |
| Research and development | $385.00M | $358.00M | $350.00M | $345.00M | $357.00M | $344.00M | $356.00M | $359.00M |
| Selling, general and administrative | $893.00M | $845.00M | $786.00M | $789.00M | $779.00M | $771.00M | $801.00M | $807.00M |
| Operating expenses | $1.34B | $1.44B | $1.14B | $1.13B | $1.17B | $1.15B | $1.16B | $1.17B |
| Operating income | $1.13B | $801.00M | $815.00M | $995.00M | $1.11B | $1.00B | $877.00M | $1.01B |
| Operating margin | 11.9% | 9.5% | 9.5% | 12.0% | 12.8% | 12.3% | 10.4% | 11.9% |
| EBITDA | $1.41B | $1.08B | $1.10B | $1.27B | $1.39B | $1.27B | $1.15B | $1.27B |
| Interest expense | −$80.00M | −$76.00M | −$82.00M | −$83.00M | −$87.00M | −$77.00M | −$89.00M | −$83.00M |
| Income before taxes | $1.29B | $934.00M | $791.00M | $830.00M | $1.23B | $1.12B | $662.00M | $1.04B |
| Income taxes | $325.00M | $254.00M | $171.00M | $271.00M | $297.00M | $267.00M | $217.00M | $200.00M |
| Net income | $968.00M | $680.00M | $620.00M | $559.00M | $928.00M | $850.00M | $445.00M | $843.00M |
| Net margin | 10.2% | 8.1% | 7.3% | 6.7% | 10.7% | 10.4% | 5.3% | 10.0% |
| EPS, basic | $6.76 | $4.73 | $4.29 | $3.88 | $6.46 | $5.99 | $3.05 | $5.90 |
| EPS, diluted | $6.73 | $4.71 | $4.26 | $3.86 | $6.43 | $5.96 | $3.02 | $5.86 |
| Diluted shares | 138.50M | 138.80M | 139.20M | 138.80M | 138.50M | 138.30M | 138.30M | 138.10M |
Figures describe Cummins shares, not any token. As of Aug 4, 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.