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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 | $291.12M | $212.52M | $374.41M | $392.65M | $406.84M | $507.54M | $364.55M | $357.65M |
| Cost of revenue | $122.98M | $134.32M | $144.63M | $151.02M | $151.57M | $148.53M | $115.39M | $121.27M |
| Gross profit | $168.13M | $78.20M | $229.78M | $241.63M | $255.27M | $359.01M | $249.16M | $236.38M |
| Gross margin | 57.8% | 36.8% | 61.4% | 61.5% | 62.7% | 70.7% | 68.3% | 66.1% |
| Selling, general and administrative | $4.75M | $4.65M | $3.07M | $4.69M | $3.86M | $3.85M | $2.74M | $3.80M |
| Operating expenses | $101.47M | $100.84M | $107.98M | $108.87M | $115.28M | $111.07M | $94.32M | $96.29M |
| Operating income | $66.66M | −$22.64M | $121.80M | $132.76M | $139.99M | $247.94M | $154.84M | $140.10M |
| Operating margin | 22.9% | -10.7% | 32.5% | 33.8% | 34.4% | 48.9% | 42.5% | 39.2% |
| EBITDA | $66.66M | −$22.64M | $121.80M | $132.76M | $139.99M | $247.94M | $154.84M | $140.10M |
| Income before taxes | $66.66M | −$22.64M | $121.80M | $132.76M | $139.99M | $247.94M | $154.84M | $140.10M |
| Income taxes | $919.00K | $1.74M | $2.71M | $4.58M | $2.49M | $5.31M | −$42.00K | $4.74M |
| Net income | $65.74M | −$24.38M | $119.09M | $128.18M | $137.51M | $242.64M | $154.89M | $135.36M |
| Net margin | 22.6% | -11.5% | 31.8% | 32.6% | 33.8% | 47.8% | 42.5% | 37.8% |
| EPS, basic | $0.13 | −$0.05 | $0.23 | $0.25 | $0.27 | $0.49 | $0.40 | $0.35 |
| EPS, diluted | $0.13 | −$0.05 | $0.23 | $0.25 | $0.27 | $0.49 | $0.40 | $0.35 |
| Diluted shares | 495.38M | 498.90M | 507.48M | 511.05M | 511.05M | 494.83M | 390.22M | 390.22M |
Figures describe OBDC shares, not any token. As of Aug 5, 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.