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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 | $1.17B | $941.60M | $808.23M | $939.02M | $925.68M | $1.01B | $944.35M | $899.78M |
| Cost of revenue | $21.62M | $97.56M | $233.50M | $47.66M | $80.40M | $105.94M | $204.22M | $31.22M |
| Gross profit | $1.15B | $844.04M | $574.73M | $891.36M | $845.28M | $900.24M | $740.13M | $868.56M |
| Gross margin | 98.2% | 89.6% | 71.1% | 94.9% | 91.3% | 89.5% | 78.4% | 96.5% |
| Selling, general and administrative | $41.27M | $39.02M | $34.36M | $36.79M | $32.19M | $33.73M | $41.10M | $28.79M |
| Operating expenses | $587.45M | $527.83M | $363.90M | $585.38M | $526.25M | $518.87M | $400.05M | $476.51M |
| Operating income | $564.35M | $316.21M | $210.83M | $305.98M | $319.03M | $381.37M | $340.07M | $392.06M |
| Operating margin | 48.1% | 33.6% | 26.1% | 32.6% | 34.5% | 37.9% | 36.0% | 43.6% |
| EBITDA | $881.85M | $609.49M | $516.34M | $611.33M | $623.40M | $663.26M | $633.31M | $634.88M |
| Interest expense | −$60.82M | −$51.53M | −$55.05M | −$50.64M | −$53.35M | −$49.49M | −$59.97M | −$36.17M |
| Income before taxes | $520.49M | −$16.50M | $189.70M | $259.75M | $238.82M | $345.17M | $300.23M | $358.00M |
| Income taxes | $106.84M | −$684.00K | −$25.84M | $59.13M | $56.46M | $82.92M | $62.28M | $85.32M |
| Net income | $413.65M | −$15.82M | $215.54M | $200.62M | $182.36M | $262.25M | $237.95M | $272.68M |
| Net margin | 35.3% | -1.7% | 26.7% | 21.4% | 19.7% | 26.1% | 25.2% | 30.3% |
| EPS, basic | $3.15 | −$0.29 | $1.55 | $1.42 | $1.21 | $1.92 | $1.72 | $1.99 |
| EPS, diluted | $3.15 | −$0.29 | $1.55 | $1.42 | $1.21 | $1.92 | $1.70 | $1.99 |
| Diluted shares | 124.16M | 123.48M | 124.14M | 124.41M | 124.46M | 125.34M | 126.17M | 124.98M |
Figures describe Matador Resources 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.