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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 | $977.90M | $840.00M | $676.20M | $656.10M | $625.20M | $593.70M | $624.20M | $645.00M |
| Cost of revenue | $643.90M | $517.30M | $399.60M | $379.10M | $358.80M | $343.20M | $368.20M | $377.50M |
| Gross profit | $334.00M | $322.70M | $276.60M | $277.00M | $266.40M | $250.50M | $256.00M | $267.50M |
| Gross margin | 34.2% | 38.4% | 40.9% | 42.2% | 42.6% | 42.2% | 41.0% | 41.5% |
| Research and development | $19.50M | $20.20M | $17.40M | $18.10M | $16.20M | $15.90M | $14.40M | $14.90M |
| Selling, general and administrative | $200.80M | $191.10M | $189.50M | $158.10M | $155.90M | $157.20M | $166.70M | $157.60M |
| Operating expenses | $220.30M | $211.30M | $206.90M | $176.20M | $172.10M | $173.10M | $181.10M | $172.50M |
| Operating income | $113.70M | $111.40M | $69.70M | $100.80M | $94.30M | $77.40M | $74.90M | $95.00M |
| Operating margin | 11.6% | 13.3% | 10.3% | 15.4% | 15.1% | 13.0% | 12.0% | 14.7% |
| EBITDA | $158.40M | $153.90M | $106.90M | $139.40M | $132.50M | $114.60M | $112.70M | $134.40M |
| Interest income | $0 | $0 | −$12.90M | −$13.30M | $0 | $0 | −$13.90M | −$14.20M |
| Interest expense | −$24.00M | −$21.50M | $0 | — | −$12.90M | −$14.30M | $0 | — |
| Income before taxes | $107.10M | $82.70M | $31.00M | $55.50M | $63.30M | $115.80M | $66.80M | $77.20M |
| Income taxes | $29.80M | $26.70M | $24.80M | $16.20M | $15.80M | $17.80M | $12.00M | $36.80M |
| Net income | $77.30M | $56.00M | $6.20M | $39.30M | $47.50M | $98.00M | $54.80M | $40.40M |
| Net margin | 7.9% | 6.7% | 0.9% | 6.0% | 7.6% | 16.5% | 8.8% | 6.3% |
| EPS, basic | $0.32 | $0.23 | $0.03 | $0.16 | $0.20 | $0.40 | $0.23 | $0.17 |
| EPS, diluted | $0.32 | $0.23 | $0.03 | $0.16 | $0.20 | $0.40 | $0.23 | $0.17 |
| Diluted shares | 243.90M | 243.70M | 242.40M | 242.00M | 242.20M | 243.00M | 242.80M | 242.60M |
Figures describe Element Solutions 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.