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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 | $295.39M | $297.08M | $298.65M | $304.51M | $304.25M | $306.23M | $301.44M | $306.65M |
| Cost of revenue | $12.28M | $34.47M | $33.11M | $12.76M | −$1.10M | $11.25M | $11.17M | −$7.52M |
| Gross profit | $283.11M | $262.61M | $265.54M | $291.75M | $305.34M | $294.99M | $290.27M | $314.17M |
| Gross margin | 95.8% | 88.4% | 88.9% | 95.8% | 100.4% | 96.3% | 96.3% | 102.5% |
| Selling, general and administrative | $44.28M | $46.88M | $43.93M | $47.78M | $50.35M | $51.41M | $46.66M | $50.97M |
| Operating expenses | $56.56M | $81.35M | $77.05M | $60.54M | $49.26M | $62.65M | $57.84M | $43.45M |
| Operating income | $238.83M | $215.73M | $221.61M | $243.97M | $254.99M | $243.58M | $243.61M | $263.20M |
| Operating margin | 80.9% | 72.6% | 74.2% | 80.1% | 83.8% | 79.5% | 80.8% | 85.8% |
| EBITDA | $240.78M | $215.64M | $222.43M | $244.87M | $257.52M | $246.27M | $247.64M | $266.64M |
| Interest expense | −$8.90M | −$8.90M | −$8.90M | −$8.91M | −$8.90M | −$8.90M | −$8.90M | −$8.91M |
| Income before taxes | $229.93M | $206.83M | $212.71M | $235.06M | $246.09M | $234.68M | $234.71M | $254.30M |
| Income taxes | $47.78M | $41.53M | $43.40M | $43.97M | $53.61M | $49.22M | $50.01M | $54.33M |
| Net income | $182.15M | $165.30M | $169.31M | $191.10M | $192.48M | $185.46M | $184.70M | $199.97M |
| Net margin | 61.7% | 55.6% | 56.7% | 62.8% | 63.3% | 60.6% | 61.3% | 65.2% |
| EPS, basic | $0.87 | $0.76 | $0.76 | $0.83 | $0.81 | $0.76 | $0.73 | $0.77 |
| EPS, diluted | $0.86 | $0.76 | $0.75 | $0.83 | $0.81 | $0.75 | $0.72 | $0.77 |
| Diluted shares | 210.95M | 218.19M | 224.56M | 231.38M | 237.97M | 246.49M | 255.17M | 260.83M |
Figures describe MGIC Investment shares, not any token. As of Jul 29, 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.