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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 | $1.43B | $1.47B | $1.18B | $1.47B | $1.34B | $1.35B | $1.11B | $1.33B |
| Cost of revenue | $112.44M | $116.84M | $108.08M | $106.62M | $107.42M | $106.68M | $96.31M | $92.15M |
| Gross profit | $1.31B | $1.36B | $1.07B | $1.36B | $1.23B | $1.24B | $1.02B | $1.24B |
| Gross margin | 92.1% | 92.1% | 90.8% | 92.7% | 92.0% | 92.1% | 91.3% | 93.1% |
| Selling, general and administrative | $57.61M | $58.89M | $54.14M | $55.04M | $49.33M | $44.04M | $49.11M | $41.87M |
| Operating expenses | $765.78M | $829.22M | $800.04M | $787.34M | $840.87M | $769.85M | $693.28M | $749.74M |
| Operating income | $548.25M | $526.89M | $267.79M | $576.60M | $389.89M | $469.16M | $323.31M | $489.02M |
| Operating margin | 38.4% | 35.8% | 22.8% | 39.2% | 29.1% | 34.9% | 29.1% | 36.7% |
| EBITDA | $1.25B | $1.30B | $1.01B | $1.31B | $1.18B | $1.19B | $967.48M | $1.20B |
| Interest income | $120.54M | $70.11M | $0 | — | $71.86M | $34.74M | $0 | — |
| Interest expense | −$312.08M | −$291.94M | −$288.20M | −$294.48M | −$283.82M | −$268.37M | −$268.15M | −$261.26M |
| Income before taxes | $396.32M | $347.13M | $323.44M | $341.50M | $223.08M | $267.12M | $221.45M | $286.48M |
| Income taxes | $25.81M | $26.20M | $21.80M | $23.82M | $24.07M | $15.66M | $20.10M | $15.36M |
| Net income | $370.51M | $320.94M | $301.64M | $317.67M | $199.01M | $251.46M | $201.35M | $271.12M |
| Net margin | 26.0% | 21.8% | 25.7% | 21.6% | 14.9% | 18.7% | 18.1% | 20.4% |
| EPS, basic | $0.37 | $0.33 | $0.32 | $0.35 | $0.22 | $0.28 | $0.23 | $0.30 |
| EPS, diluted | $0.37 | $0.33 | $0.32 | $0.35 | $0.22 | $0.28 | $0.23 | $0.30 |
| Diluted shares | 934.66M | 934.45M | 922.08M | 915.19M | 903.72M | 892.35M | 877.15M | 872.05M |
Figures describe Realty Income shares, not any token. As of Aug 6, 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.