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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 FY262026-06-28 | Q1 FY262026-03-29 | Q4 FY252025-12-31 | Q3 FY252025-09-28 | Q2 FY252025-06-29 | Q1 FY252025-03-30 | Q4 FY242024-12-31 | Q3 FY242024-09-29 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.79B | $3.10B | $3.09B | $3.18B | $2.61B | $2.81B | $2.89B | $2.99B |
| Cost of revenue | $1.52B | $1.88B | $1.95B | $2.14B | $1.82B | $1.86B | $1.33B | $1.75B |
| Gross profit | $1.26B | $1.22B | $1.14B | $1.04B | $796.27M | $944.27M | $1.56B | $1.23B |
| Gross margin | 45.3% | 39.4% | 37.0% | 32.6% | 30.5% | 33.7% | 54.0% | 41.3% |
| Selling, general and administrative | $620.55M | $576.04M | $698.15M | $600.54M | $603.21M | $558.67M | $622.73M | $591.92M |
| Operating expenses | $620.67M | $582.04M | $718.74M | $600.54M | $603.46M | $575.05M | $651.77M | $591.92M |
| Operating income | $642.64M | $640.69M | $426.07M | $436.79M | $192.81M | $369.22M | $906.58M | $640.80M |
| Operating margin | 23.1% | 20.6% | 13.8% | 13.7% | 7.4% | 13.2% | 31.4% | 21.4% |
| EBITDA | $778.85M | $779.69M | $579.19M | $564.58M | $316.90M | $505.16M | $1.06B | $754.05M |
| Interest income | $5.79M | −$49.82M | −$48.08M | −$51.47M | $11.24M | −$44.62M | −$40.14M | −$44.32M |
| Interest expense | −$55.75M | $0 | $0 | — | −$57.28M | $0 | $0 | — |
| Income before taxes | $588.28M | $592.70M | $369.53M | $371.91M | $149.11M | $323.65M | $723.06M | $518.75M |
| Income taxes | $130.62M | $157.59M | $49.52M | $95.59M | $86.39M | $99.45M | −$73.53M | $72.45M |
| Net income | $457.67M | $435.11M | $320.02M | $276.32M | $62.72M | $224.20M | $796.59M | $446.30M |
| Net margin | 16.4% | 14.0% | 10.4% | 8.7% | 2.4% | 8.0% | 27.6% | 14.9% |
| EPS, basic | $2.32 | $2.19 | $1.62 | $1.40 | $0.32 | $1.14 | $4.03 | $2.26 |
| EPS, diluted | $2.26 | $2.13 | $1.18 | $1.36 | $0.31 | $1.10 | $2.94 | $2.20 |
| Diluted shares | 202.75M | 203.93M | 203.69M | 203.49M | 203.19M | 203.14M | 203.04M | 203.03M |
Figures describe The Hershey shares, not any token. As of Jul 30, 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.