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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 | $6.50B | $6.03B | $6.13B | $6.52B | $6.34B | $5.95B | $6.01B | $6.29B |
| Cost of revenue | $3.82B | $3.57B | $4.08B | $3.79B | $3.65B | $3.48B | $3.74B | $3.65B |
| Gross profit | $2.68B | $2.46B | $2.06B | $2.73B | $2.70B | $2.48B | $2.27B | $2.65B |
| Gross margin | 41.3% | 40.7% | 33.6% | 41.8% | 42.5% | 41.6% | 37.7% | 42.1% |
| Research and development | $302.00M | $308.00M | $299.00M | $297.00M | $288.00M | $285.00M | $282.00M | $269.00M |
| Selling, general and administrative | $1.06B | $744.00M | $965.00M | $820.00M | $1.27B | $945.00M | $899.00M | $1.06B |
| Operating expenses | $1.36B | $1.05B | $1.26B | $1.12B | $1.56B | $1.23B | $1.18B | $1.33B |
| Operating income | $1.32B | $1.40B | $794.00M | $1.61B | $1.14B | $1.25B | $1.09B | $1.32B |
| Operating margin | 20.3% | 23.3% | 12.9% | 24.7% | 18.0% | 20.9% | 18.1% | 20.9% |
| EBITDA | $1.66B | $1.73B | $1.22B | $1.91B | $1.43B | $1.54B | $1.41B | $1.63B |
| Interest income | $32.00M | $0 | −$175.00M | $46.00M | $50.00M | $0 | −$360.00M | $107.00M |
| Interest expense | −$202.00M | $0 | $724.00M | −$232.00M | −$237.00M | $0 | $939.00M | −$276.00M |
| Income before taxes | $1.12B | $878.00M | $758.00M | $1.15B | $923.00M | $1.39B | $759.00M | $1.72B |
| Income taxes | $183.00M | $221.00M | $185.00M | $308.00M | $245.00M | $265.00M | $33.00M | $348.00M |
| Net income | $938.00M | $659.00M | $573.00M | $839.00M | $725.00M | $1.12B | $726.00M | $1.37B |
| Net margin | 14.4% | 10.9% | 9.3% | 12.9% | 11.4% | 18.8% | 12.1% | 21.8% |
| EPS, basic | $1.79 | $1.23 | $1.09 | $1.56 | $1.35 | $2.05 | $1.34 | $2.49 |
| EPS, diluted | $1.78 | $1.23 | $1.07 | $1.55 | $1.34 | $2.04 | $1.33 | $2.48 |
| Diluted shares | 522.40M | 532.80M | 538.80M | 538.10M | 540.60M | 547.70M | 546.20M | 552.70M |
Figures describe 3M shares, not any token. As of Jul 21, 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.