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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 FY262026-07-03 | Q1 FY262026-04-03 | Q4 FY252025-12-31 | Q3 FY252025-09-26 | Q2 FY252025-06-27 | Q1 FY252025-03-28 | Q4 FY242024-12-31 | Q3 FY242024-09-27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.10B | $1.07B | $1.12B | $1.03B | $1.02B | $993.10M | $1.07B | $1.00B |
| Cost of revenue | $401.50M | $393.90M | $413.60M | $377.90M | $370.90M | $355.60M | $377.30M | $362.20M |
| Gross profit | $695.30M | $675.50M | $708.90M | $649.20M | $645.50M | $637.50M | $695.50M | $641.50M |
| Gross margin | 63.4% | 63.2% | 63.2% | 63.2% | 63.5% | 64.2% | 64.8% | 63.9% |
| Research and development | $67.50M | $66.50M | $66.00M | $62.00M | $67.20M | $64.00M | $65.20M | $62.00M |
| Selling, general and administrative | $417.90M | $417.30M | $417.40M | $427.60M | $408.50M | $408.20M | $418.10M | $407.50M |
| Operating expenses | $485.40M | $483.80M | $483.40M | $489.60M | $475.70M | $472.20M | $483.30M | $469.50M |
| Operating income | $209.90M | $191.70M | $225.50M | $159.60M | $169.80M | $165.30M | $212.20M | $172.00M |
| Operating margin | 19.1% | 17.9% | 20.1% | 15.5% | 16.7% | 16.6% | 19.8% | 17.1% |
| EBITDA | $323.40M | $305.30M | $336.80M | $213.20M | $279.00M | $273.30M | $320.30M | $221.50M |
| Interest expense | −$35.40M | −$31.60M | −$31.00M | −$25.40M | −$32.10M | −$32.00M | −$33.00M | −$37.10M |
| Income before taxes | $179.50M | $163.60M | $193.90M | $135.00M | $139.60M | $133.70M | $180.20M | $109.10M |
| Income taxes | $22.20M | $27.20M | $2.40M | $18.00M | $28.00M | $21.10M | −$13.00M | −$2.40M |
| Net income | $157.30M | $136.40M | $185.70M | $55.00M | $166.60M | $171.90M | $208.80M | $221.60M |
| Net margin | 14.3% | 12.8% | 16.5% | 5.4% | 16.4% | 17.3% | 19.5% | 22.1% |
| EPS, basic | $0.52 | $0.44 | $0.59 | $0.17 | $0.49 | $0.50 | $0.61 | $0.63 |
| EPS, diluted | $0.51 | $0.44 | $0.58 | $0.16 | $0.49 | $0.50 | $0.60 | $0.63 |
| Diluted shares | 307.60M | 312.80M | 318.70M | 333.40M | 341.70M | 344.60M | 348.10M | 352.30M |
Figures describe Fortive shares, not any token. As of Jul 29, 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.