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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 | $747.09M | $669.72M | $635.40M | $690.31M | $698.51M | $700.95M | $654.65M | $724.95M |
| Cost of revenue | $504.67M | $448.84M | $444.62M | $480.67M | $477.56M | $464.92M | $446.96M | $481.11M |
| Gross profit | $242.43M | $220.88M | $190.78M | $209.64M | $220.95M | $236.02M | $207.69M | $243.84M |
| Gross margin | 32.4% | 33.0% | 30.0% | 30.4% | 31.6% | 33.7% | 31.7% | 33.6% |
| Research and development | $30.39M | $31.64M | $31.52M | $35.02M | $32.37M | $33.18M | $32.84M | $32.19M |
| Selling, general and administrative | $48.38M | $46.01M | $49.23M | $43.94M | $45.43M | $42.98M | $42.08M | $42.12M |
| Operating expenses | $78.76M | $77.65M | $80.75M | $78.97M | $77.80M | $76.15M | $74.93M | $74.32M |
| Operating income | $163.67M | $143.23M | $110.03M | $130.68M | $143.15M | $159.87M | $132.76M | $169.52M |
| Operating margin | 21.9% | 21.4% | 17.3% | 18.9% | 20.5% | 22.8% | 20.3% | 23.4% |
| EBITDA | $195.46M | $174.89M | $142.08M | $163.78M | $171.64M | $188.65M | $164.82M | $199.29M |
| Interest expense | −$8.82M | −$8.77M | −$9.88M | −$8.37M | −$10.74M | −$10.70M | −$11.65M | −$14.16M |
| Income before taxes | $170.34M | $151.65M | $113.15M | $135.61M | $147.69M | $164.11M | $134.25M | $169.17M |
| Income taxes | $36.59M | $33.59M | $31.87M | $35.34M | $36.44M | $38.16M | $23.51M | $36.85M |
| Net income | $133.75M | $118.07M | $81.29M | $100.27M | $111.24M | $125.95M | $110.74M | $132.32M |
| Net margin | 17.9% | 17.6% | 12.8% | 14.5% | 15.9% | 18.0% | 16.9% | 18.3% |
| EPS, basic | $14.54 | $12.62 | $8.65 | $10.67 | $11.84 | $13.26 | $11.56 | $13.79 |
| EPS, diluted | $14.54 | $12.62 | $8.65 | $10.67 | $11.84 | $13.26 | $11.56 | $13.79 |
| Diluted shares | 9.16M | 9.32M | 9.36M | 9.36M | 9.36M | 9.46M | 9.54M | 9.56M |
Figures describe NewMarket shares, not any token. As of Jul 30, 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.