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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 | $9.29B | $8.78B | $8.76B | $8.62B | $8.50B | $8.11B | $8.28B | $8.36B |
| Cost of revenue | $4.86B | $4.52B | $4.55B | $4.38B | $4.31B | $4.16B | $4.32B | $4.36B |
| Gross profit | $4.43B | $4.26B | $4.22B | $4.24B | $4.19B | $3.96B | $3.96B | $4.00B |
| Gross margin | 47.7% | 48.5% | 48.1% | 49.2% | 49.3% | 48.8% | 47.8% | 47.9% |
| Research and development | $37.00M | $38.00M | $35.00M | $36.00M | $38.00M | $38.00M | $39.00M | $37.00M |
| Selling, general and administrative | $891.00M | $893.00M | $880.00M | $897.00M | $870.00M | $786.00M | $814.00M | $823.00M |
| Operating expenses | $1.87B | $1.82B | $1.91B | $1.87B | $1.84B | $1.77B | $1.69B | $1.91B |
| Operating income | $2.55B | $2.44B | $2.31B | $2.37B | $2.35B | $2.18B | $2.28B | $2.09B |
| Operating margin | 27.5% | 27.8% | 26.3% | 27.5% | 27.7% | 26.9% | 27.5% | 25.0% |
| EBITDA | $3.52B | $3.39B | $3.48B | $3.32B | $3.30B | $3.15B | $3.19B | $3.19B |
| Interest expense | −$61.00M | −$62.00M | −$64.00M | −$64.00M | −$67.00M | −$60.00M | −$53.00M | −$68.00M |
| Income before taxes | $2.58B | $2.47B | $2.01B | $2.36B | $2.38B | $2.22B | $2.26B | $2.06B |
| Income taxes | $610.00M | $571.00M | $481.00M | $424.00M | $573.00M | $511.00M | $533.00M | $498.00M |
| Net income | $1.97B | $1.90B | $1.57B | $1.97B | $1.81B | $1.71B | $1.77B | $1.60B |
| Net margin | 21.2% | 21.6% | 17.9% | 22.9% | 21.3% | 21.0% | 21.4% | 19.2% |
| EPS, basic | $4.17 | $4.00 | $3.29 | $4.11 | $3.75 | $3.53 | $3.63 | $3.24 |
| EPS, diluted | $4.15 | $3.98 | $3.27 | $4.09 | $3.73 | $3.51 | $3.60 | $3.22 |
| Diluted shares | 464.52M | 466.32M | 467.44M | 471.51M | 473.57M | 476.26M | 478.70M | 480.90M |
Figures describe Linde shares, not any token. As of Jul 31, 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.