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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 |
|---|---|---|---|---|
| Revenue | $370.08M | $333.44M | $303.78M | $274.17M |
| Cost of revenue | $60.47M | $68.67M | $54.30M | $83.88M |
| Gross profit | $309.61M | $264.77M | $249.47M | $190.29M |
| Gross margin | 83.7% | 79.4% | 82.1% | 69.4% |
| Research and development | $167.33M | $172.97M | $195.84M | $680.89M |
| Selling, general and administrative | $259.57M | $229.20M | $249.14M | $646.18M |
| Operating expenses | $426.90M | $402.17M | $444.98M | $1.33B |
| Operating income | −$117.29M | −$137.40M | −$195.50M | −$1.14B |
| Operating margin | -31.7% | -41.2% | -64.4% | -414.6% |
| EBITDA | −$113.06M | −$131.30M | −$189.45M | −$1.13B |
| Income before taxes | −$109.68M | −$141.72M | −$204.24M | −$1.11B |
| Income taxes | $2.48M | $678.00K | $22.31M | −$10.46M |
| Net income | −$112.15M | −$142.40M | −$226.56M | −$1.10B |
| Net margin | -30.3% | -42.7% | -74.6% | -400.1% |
| EPS, basic | −$0.21 | −$0.27 | −$0.44 | −$2.72 |
| EPS, diluted | −$0.21 | −$0.27 | −$0.47 | −$2.72 |
| Diluted shares | 527.46M | 523.49M | 482.19M | 403.21M |
Figures describe Figma 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.