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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 | $20.64B | $16.08B | $13.01B | $10.51B | $10.93B | $12.86B | $9.72B | $11.00B |
| Cost of revenue | $15.92B | $10.88B | $7.61B | $6.10B | $6.29B | $7.61B | $5.79B | $6.70B |
| Gross profit | $4.72B | $5.20B | $5.41B | $4.42B | $4.64B | $5.25B | $3.94B | $4.30B |
| Gross margin | 22.9% | 32.3% | 41.5% | 42.0% | 42.5% | 40.8% | 40.5% | 39.1% |
| Selling, general and administrative | $1.66B | $1.85B | $2.05B | $1.78B | $1.70B | $1.72B | $1.60B | $1.69B |
| Operating expenses | $2.67B | $2.88B | $3.33B | $2.79B | $2.96B | $2.70B | $2.54B | $2.66B |
| Operating income | $2.05B | $2.32B | $2.07B | $1.63B | $1.68B | $2.55B | $1.40B | $1.64B |
| Operating margin | 9.9% | 14.4% | 15.9% | 15.5% | 15.4% | 19.8% | 14.4% | 14.9% |
| EBITDA | $3.03B | $3.35B | $3.36B | $2.59B | $3.00B | $3.53B | $2.34B | $2.63B |
| Interest expense | −$981.85M | −$878.95M | −$947.05M | −$906.34M | −$867.98M | −$926.95M | −$639.05M | −$971.36M |
| Income before taxes | $1.42B | $1.70B | $1.87B | $835.24M | $2.20B | $2.21B | $318.04M | $1.30B |
| Income taxes | $311.10M | $422.21M | $254.24M | $226.94M | $489.48M | $484.32M | $100.02M | $230.64M |
| Net income | $1.11B | $1.28B | $1.61B | $608.29M | $1.71B | $1.73B | $218.02M | $1.07B |
| Net margin | 5.4% | 8.0% | 12.4% | 5.8% | 15.6% | 13.5% | 2.2% | 9.7% |
| EPS, basic | $0.45 | $0.55 | $0.68 | $0.22 | $0.73 | $0.72 | $0.07 | $0.44 |
| EPS, diluted | $0.45 | $0.55 | $0.67 | $0.22 | $0.73 | $0.72 | $0.07 | $0.44 |
| Diluted shares | 2.19B | 2.19B | 2.19B | 2.19B | 2.19B | 2.19B | 2.19B | 2.18B |
Figures describe Enbridge shares, not any token. As of Jul 31, 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.