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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 | $4.30B | $4.02B | $4.09B | $4.06B | $4.05B | $3.84B | $3.93B | $3.97B |
| Cost of revenue | $2.40B | $2.26B | $2.28B | $2.25B | $2.27B | $2.16B | $2.22B | $2.23B |
| Gross profit | $1.90B | $1.76B | $1.81B | $1.81B | $1.78B | $1.68B | $1.71B | $1.74B |
| Gross margin | 44.1% | 43.8% | 44.2% | 44.5% | 44.0% | 43.7% | 43.5% | 43.8% |
| Selling, general and administrative | $735.00M | $722.00M | $704.00M | $676.00M | $693.00M | $706.00M | $655.00M | $658.00M |
| Operating expenses | $751.00M | $740.00M | $724.00M | $694.00M | $714.00M | $727.00M | $680.00M | $684.00M |
| Operating income | $1.15B | $1.02B | $1.09B | $1.11B | $1.07B | $951.00M | $1.03B | $1.05B |
| Operating margin | 26.7% | 25.4% | 26.5% | 27.4% | 26.4% | 24.8% | 26.2% | 26.5% |
| EBITDA | $1.25B | $1.12B | $1.19B | $1.21B | $1.17B | $1.05B | $1.13B | $1.16B |
| Interest expense | −$79.00M | −$73.00M | −$75.00M | −$75.00M | −$74.00M | −$68.00M | −$68.00M | −$69.00M |
| Income before taxes | $1.08B | $967.00M | $1.02B | $1.05B | $998.00M | $895.00M | $983.00M | $1.36B |
| Income taxes | $265.00M | $199.00M | $234.00M | $228.00M | $243.00M | $195.00M | $233.00M | $202.00M |
| Net income | $815.00M | $768.00M | $790.00M | $821.00M | $755.00M | $700.00M | $750.00M | $1.16B |
| Net margin | 18.9% | 19.1% | 19.3% | 20.2% | 18.6% | 18.2% | 19.1% | 29.2% |
| EPS, basic | $2.85 | $2.66 | $2.73 | $2.82 | $2.58 | $2.39 | $2.55 | $3.92 |
| EPS, diluted | $2.84 | $2.66 | $2.72 | $2.81 | $2.58 | $2.38 | $2.54 | $3.91 |
| Diluted shares | 287.00M | 289.10M | 290.10M | 291.70M | 292.90M | 294.50M | 295.70M | 297.00M |
Figures describe Illinois Tool Works shares, not any token. As of Aug 6, 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.