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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 | $375.17M | $379.56M | $306.01M | $388.57M | $356.11M | $367.52M | $293.34M | $382.63M |
| Cost of revenue | $38.75M | $32.27M | $32.05M | $37.75M | $37.20M | $34.12M | $31.91M | $42.22M |
| Gross profit | $336.43M | $347.29M | $273.97M | $350.82M | $318.91M | $333.40M | $261.43M | $340.42M |
| Gross margin | 89.7% | 91.5% | 89.5% | 90.3% | 89.6% | 90.7% | 89.1% | 89.0% |
| Selling, general and administrative | $24.04M | $21.76M | −$7.44M | $20.18M | $21.51M | $19.34M | −$8.53M | $23.06M |
| Operating expenses | $225.89M | $218.11M | $203.95M | $223.28M | $223.24M | $210.71M | $196.09M | $225.73M |
| Operating income | $110.54M | $129.19M | $70.02M | $127.54M | $95.66M | $122.70M | $65.34M | $114.69M |
| Operating margin | 29.5% | 34.0% | 22.9% | 32.8% | 26.9% | 33.4% | 22.3% | 30.0% |
| EBITDA | $158.22M | $183.57M | $119.71M | $181.06M | $148.99M | $175.09M | $96.30M | $167.03M |
| Interest income | $7.39M | $3.97M | $5.06M | $4.74M | $4.29M | $4.26M | $3.63M | $4.62M |
| Interest expense | −$33.82M | −$33.65M | −$34.01M | −$33.66M | −$32.20M | −$31.14M | −$31.63M | −$36.50M |
| Income before taxes | $99.52M | $111.49M | $100.54M | $100.36M | $83.49M | $114.39M | $100.20M | $86.86M |
| Income taxes | $0 | $0 | −$3.27M | — | $0 | $0 | −$354.00K | — |
| Net income | $99.52M | $111.49M | $103.81M | $100.36M | $83.49M | $114.39M | $100.56M | $86.86M |
| Net margin | 26.5% | 29.4% | 33.9% | 25.8% | 23.4% | 31.1% | 34.3% | 22.7% |
| EPS, basic | $0.50 | $0.56 | $0.52 | $0.50 | $0.42 | $0.57 | $0.50 | $0.44 |
| EPS, diluted | $0.50 | $0.56 | $0.50 | $0.50 | $0.42 | $0.57 | $0.48 | $0.44 |
| Diluted shares | 200.21M | 200.18M | 200.16M | 200.13M | 200.10M | 200.07M | 200.02M | 195.51M |
Figures describe Equity Lifestyle Properties shares, not any token. As of Jul 28, 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.