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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 | $749.81M | $738.78M | $657.62M | $705.87M | $678.54M | $687.07M | $653.21M | $700.40M |
| Cost of revenue | $333.12M | $0 | −$841.25M | $291.92M | $276.18M | $0 | −$797.84M | $280.28M |
| Gross profit | $416.69M | $738.78M | $1.50B | $413.95M | $402.36M | $687.07M | $1.45B | $420.12M |
| Gross margin | 55.6% | 100.0% | 227.9% | 58.6% | 59.3% | 100.0% | 222.1% | 60.0% |
| Selling, general and administrative | $22.52M | $24.59M | $23.63M | $19.91M | $20.76M | $26.12M | $23.93M | $23.22M |
| Operating expenses | $315.08M | $660.06M | $1.42B | $284.59M | $296.90M | $569.78M | $1.40B | $310.81M |
| Operating income | $101.61M | $78.72M | $77.48M | $129.36M | $105.47M | $117.29M | $55.58M | $109.31M |
| Operating margin | 13.6% | 10.7% | 11.8% | 18.3% | 15.5% | 17.1% | 8.5% | 15.6% |
| EBITDA | $381.27M | $390.33M | $446.36M | $293.83M | $361.30M | $387.81M | $441.18M | $307.98M |
| Interest income | $21.77M | $14.17M | $61.78M | — | $15.81M | $15.82M | $44.78M | — |
| Interest expense | −$92.28M | −$87.29M | −$80.64M | −$76.78M | −$75.06M | −$72.69M | −$70.51M | −$74.11M |
| Income before taxes | $59.33M | $195.65M | $125.11M | $65.24M | $39.65M | $54.29M | −$3.23M | $98.51M |
| Income taxes | −$1.40M | $254.00K | $6.03M | −$1.21M | $2.38M | $2.08M | −$14.01M | $1.94M |
| Net income | $63.24M | $199.66M | $121.79M | −$109.85M | $39.02M | $50.06M | $10.67M | $92.74M |
| Net margin | 8.4% | 27.0% | 18.5% | -15.6% | 5.8% | 7.3% | 1.6% | 13.2% |
| EPS, basic | $0.08 | $0.28 | $0.16 | −$0.17 | $0.05 | $0.06 | $0.01 | $0.12 |
| EPS, diluted | $0.08 | $0.28 | $0.16 | −$0.17 | $0.05 | $0.06 | $0.01 | $0.12 |
| Diluted shares | 689.89M | 695.17M | 694.93M | 694.93M | 695.19M | 699.12M | 700.33M | 700.15M |
Figures describe Healthpeak Properties 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.