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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 | Q3 FY262026-06-30 | Q2 FY262026-03-31 | Q1 FY262025-12-31 | Q3 FY252025-06-30 | Q2 FY252025-03-31 | Q1 FY252024-12-31 |
|---|---|---|---|---|---|---|
| Revenue | $159.52M | $55.79M | $176.50M | $206.93M | $194.07M | $235.42M |
| Cost of revenue | $60.99M | $61.07M | $66.31M | $70.70M | $69.91M | $79.64M |
| Gross profit | $98.53M | −$5.28M | $110.18M | $136.23M | $124.16M | $155.78M |
| Gross margin | 61.8% | -9.5% | 62.4% | 65.8% | 64.0% | 66.2% |
| Selling, general and administrative | $5.00M | $1.63M | $1.79M | $5.28M | $1.77M | $1.84M |
| Operating expenses | $41.52M | $41.52M | $44.94M | $46.38M | $45.32M | $44.99M |
| Operating income | $57.01M | −$46.80M | $65.25M | $89.85M | $78.84M | $110.79M |
| Operating margin | 35.7% | -83.9% | 37.0% | 43.4% | 40.6% | 47.1% |
| EBITDA | $57.01M | −$46.80M | $65.25M | $89.85M | $78.84M | $110.84M |
| Income before taxes | $57.01M | −$46.80M | $65.25M | $89.85M | $78.84M | $110.79M |
| Income taxes | $2.00K | $0 | $0 | −$211.00K | −$146.00K | −$527.00K |
| Net income | $57.01M | −$46.80M | $65.25M | $90.06M | $78.98M | $111.31M |
| Net margin | 35.7% | -83.9% | 37.0% | 43.5% | 40.7% | 47.3% |
| EPS, basic | $0.22 | −$0.18 | $0.25 | $0.34 | $0.30 | $0.42 |
| EPS, diluted | $0.22 | −$0.18 | $0.25 | $0.34 | $0.30 | $0.42 |
| Diluted shares | 260.45M | 262.68M | 263.68M | 266.84M | 266.48M | 264.34M |
Figures describe GBDC shares, not any token. As of Aug 3, 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.