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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 | $3.47B | $3.00B | $2.97B | $3.10B | $3.11B | $2.99B | $3.02B | $3.05B |
| Gross profit | $3.47B | $3.00B | $2.97B | $3.10B | $3.11B | $2.99B | $3.02B | $3.05B |
| Gross margin | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% |
| Selling, general and administrative | $744.00M | $740.00M | $753.00M | $738.00M | $692.00M | $739.00M | $697.00M | $690.00M |
| Operating expenses | $2.34B | $2.12B | $2.04B | $2.01B | $1.94B | $1.85B | $1.89B | $1.46B |
| Operating income | $1.12B | $877.00M | $937.00M | $1.10B | $1.18B | $1.15B | $1.13B | $1.60B |
| Operating margin | 32.4% | 29.3% | 31.5% | 35.4% | 37.8% | 38.3% | 37.4% | 52.3% |
| EBITDA | $1.54B | $1.28B | $1.34B | $1.46B | $1.48B | $1.31B | $1.46B | $1.84B |
| Interest expense | −$197.00M | −$197.00M | −$195.00M | −$197.00M | −$201.00M | −$199.00M | −$199.00M | −$203.00M |
| Income before taxes | $959.00M | $715.00M | $765.00M | $924.00M | $998.00M | $978.00M | $928.00M | $1.43B |
| Income taxes | $225.00M | $168.00M | $121.00M | $213.00M | $230.00M | $228.00M | $195.00M | $328.00M |
| Net income | $734.00M | $547.00M | $644.00M | $711.00M | $768.00M | $750.00M | $733.00M | $1.10B |
| Net margin | 21.2% | 18.2% | 21.7% | 22.9% | 24.7% | 25.1% | 24.2% | 36.0% |
| EPS, basic | $3.26 | $2.43 | $2.86 | $3.16 | $3.41 | $3.31 | $3.23 | $4.86 |
| EPS, diluted | $3.26 | $2.43 | $2.86 | $3.16 | $3.41 | $3.31 | $3.23 | $4.85 |
| Diluted shares | 225.00M | 225.00M | 224.80M | 224.70M | 225.20M | 226.50M | 226.50M | 226.50M |
Figures describe Norfolk Southern 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.