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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 | $7.10B | $6.52B | $7.01B | $7.08B | $6.84B | $5.96B | $6.39B | $6.87B |
| Cost of revenue | $680.00M | $676.00M | $3.68B | $666.00M | $654.00M | $620.00M | $3.63B | $646.00M |
| Gross profit | $6.42B | $5.84B | $3.32B | $6.41B | $6.19B | $5.34B | $2.76B | $6.23B |
| Gross margin | 90.4% | 89.6% | 47.4% | 90.6% | 90.4% | 89.6% | 43.2% | 90.6% |
| Selling, general and administrative | $2.84B | $2.68B | −$846.00M | $2.17B | $2.67B | $2.43B | −$1.02B | $2.25B |
| Operating expenses | $3.08B | $2.89B | $169.00M | $3.05B | $2.96B | $2.69B | −$109.00M | $3.04B |
| Operating income | $3.34B | $2.95B | $3.16B | $3.36B | $3.23B | $2.65B | $2.87B | $3.19B |
| Operating margin | 47.0% | 45.3% | 45.0% | 47.4% | 47.2% | 44.5% | 44.9% | 46.4% |
| EBITDA | $3.90B | $3.52B | $3.73B | $3.92B | $3.78B | $3.17B | $3.42B | $3.72B |
| Interest expense | −$409.00M | −$400.00M | −$410.00M | −$406.00M | −$390.00M | −$376.00M | −$380.00M | −$381.00M |
| Income before taxes | $2.94B | $2.54B | $2.76B | $2.95B | $2.86B | $2.33B | $2.54B | $2.84B |
| Income taxes | $574.00M | $559.00M | $593.00M | $671.00M | $608.00M | $461.00M | $521.00M | $588.00M |
| Net income | $2.36B | $1.98B | $2.16B | $2.28B | $2.25B | $1.87B | $2.02B | $2.26B |
| Net margin | 33.3% | 30.4% | 30.9% | 32.2% | 32.9% | 31.4% | 31.6% | 32.8% |
| EPS, basic | $3.33 | $2.79 | $3.04 | $3.20 | $3.15 | $2.61 | $2.82 | $3.15 |
| EPS, diluted | $3.32 | $2.78 | $3.03 | $3.18 | $3.14 | $2.60 | $2.80 | $3.13 |
| Diluted shares | 711.10M | 713.50M | 713.90M | 715.90M | 717.60M | 718.20M | 719.70M | 720.00M |
Figures describe McDonald's shares, not any token. As of Aug 7, 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.