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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 | $7.07B | $6.65B | $6.69B | $6.49B | $6.74B | $6.26B | $6.43B | $6.26B |
| Cost of revenue | $5.52B | $5.31B | $5.68B | $5.07B | $5.24B | $5.05B | $5.42B | $4.98B |
| Gross profit | $1.55B | $1.34B | $1.01B | $1.42B | $1.51B | $1.21B | $1.01B | $1.27B |
| Gross margin | 22.0% | 20.2% | 15.1% | 21.9% | 22.3% | 19.3% | 15.7% | 20.4% |
| Selling, general and administrative | $220.00M | $219.00M | $146.00M | $234.00M | $210.00M | $209.00M | $160.00M | $276.00M |
| Operating expenses | $325.00M | $277.00M | $234.00M | $244.00M | $271.00M | $261.00M | $258.00M | $330.00M |
| Operating income | $1.23B | $1.06B | $777.00M | $1.18B | $1.24B | $948.00M | $752.00M | $944.00M |
| Operating margin | 17.4% | 16.0% | 11.6% | 18.2% | 18.3% | 15.1% | 11.7% | 15.1% |
| EBITDA | $1.44B | $1.23B | $983.00M | $1.28B | $1.39B | $1.09B | $933.00M | $1.08B |
| Interest income | $20.00M | $10.00M | $9.00M | $12.00M | $12.00M | $9.00M | $10.00M | $11.00M |
| Interest expense | −$221.00M | −$214.00M | −$208.00M | −$206.00M | −$203.00M | −$192.00M | −$180.00M | −$179.00M |
| Income before taxes | $1.04B | $858.00M | $582.00M | $994.00M | $1.05B | $764.00M | $598.00M | $786.00M |
| Income taxes | $278.00M | $210.00M | $137.00M | $266.00M | $291.00M | $99.00M | $143.00M | $202.00M |
| Net income | $766.00M | $648.00M | $445.00M | $728.00M | $763.00M | $665.00M | $455.00M | $584.00M |
| Net margin | 10.8% | 9.7% | 6.7% | 11.2% | 11.3% | 10.6% | 7.1% | 9.3% |
| EPS, basic | $2.90 | $2.44 | $1.66 | $2.68 | $2.78 | $2.40 | $1.63 | $2.08 |
| EPS, diluted | $2.90 | $2.43 | $1.65 | $2.67 | $2.78 | $2.39 | $1.62 | $2.07 |
| Diluted shares | 264.50M | 266.80M | 269.50M | 272.50M | 274.70M | 277.70M | 280.10M | 282.40M |
Figures describe Marriott International 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.