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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 | $2.19B | $2.08B | $1.89B | $2.01B | $1.90B | $1.92B | $1.67B | $1.81B |
| Cost of revenue | $518.00M | $531.00M | $501.00M | $492.00M | $489.00M | $491.00M | $497.00M | $512.00M |
| Gross profit | $1.67B | $1.55B | $1.39B | $1.52B | $1.41B | $1.43B | $1.18B | $1.30B |
| Gross margin | 76.3% | 74.5% | 73.5% | 75.5% | 74.2% | 74.5% | 70.3% | 71.8% |
| Selling, general and administrative | $463.00M | $477.00M | $468.00M | $453.00M | $443.00M | $439.00M | $442.00M | $434.00M |
| Operating expenses | $621.00M | $626.00M | $618.00M | $598.00M | $591.00M | $587.00M | $614.00M | $563.00M |
| Operating income | $1.05B | $922.00M | $770.00M | $917.00M | $818.00M | $846.00M | $561.00M | $738.00M |
| Operating margin | 47.9% | 44.3% | 40.8% | 45.7% | 43.1% | 44.0% | 33.6% | 40.7% |
| EBITDA | $1.20B | $1.07B | $921.00M | $1.06B | $965.00M | $992.00M | $720.00M | $852.00M |
| Interest income | $0 | −$66.00M | −$33.00M | −$58.00M | $0 | −$61.00M | −$52.00M | −$60.00M |
| Interest expense | −$58.00M | $0 | $0 | — | −$61.00M | $0 | $0 | — |
| Income before taxes | $1.17B | $870.00M | $687.00M | $867.00M | $772.00M | $804.00M | $525.00M | $703.00M |
| Income taxes | $292.00M | $209.00M | $76.00M | $220.00M | $193.00M | $179.00M | $130.00M | $169.00M |
| Net income | $879.00M | $661.00M | $611.00M | $647.00M | $579.00M | $625.00M | $395.00M | $534.00M |
| Net margin | 40.2% | 31.8% | 32.3% | 32.2% | 30.5% | 32.5% | 23.6% | 29.5% |
| EPS, basic | $5.04 | $3.74 | $3.43 | $3.61 | $3.22 | $3.47 | $2.19 | $2.94 |
| EPS, diluted | $5.03 | $3.73 | $3.41 | $3.60 | $3.21 | $3.46 | $2.17 | $2.93 |
| Diluted shares | 174.50M | 177.30M | 179.10M | 179.60M | 180.20M | 180.70M | 181.90M | 182.50M |
Figures describe Moody's shares, not any token. As of Jul 23, 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.