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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 | $5.90B | $6.88B | $6.80B | $6.25B | $5.90B | $5.98B | $6.63B | $5.94B |
| Cost of revenue | $915.00M | $1.03B | $965.00M | $1.15B | $710.00M | $895.00M | $712.00M | $924.00M |
| Gross profit | $4.99B | $5.85B | $5.84B | $5.10B | $5.19B | $5.09B | $5.92B | $5.02B |
| Gross margin | 84.5% | 85.0% | 85.8% | 81.7% | 88.0% | 85.0% | 89.3% | 84.4% |
| Operating expenses | $3.72B | $4.38B | $4.62B | $3.90B | $4.09B | $3.87B | $4.90B | $3.99B |
| Operating income | $1.26B | $1.47B | $1.22B | $1.21B | $1.10B | $1.22B | $1.02B | $1.03B |
| Operating margin | 21.4% | 21.4% | 18.0% | 19.3% | 18.6% | 20.4% | 15.4% | 17.3% |
| EBITDA | $2.45B | $2.74B | $2.64B | $2.43B | $2.28B | $2.39B | $2.16B | $2.23B |
| Interest income | $110.00M | $122.00M | $128.00M | $94.00M | $181.00M | $117.00M | $109.00M | $156.00M |
| Interest expense | −$796.00M | −$803.00M | −$732.00M | −$770.00M | −$792.00M | −$734.00M | −$729.00M | −$795.00M |
| Income before taxes | $674.00M | $905.00M | $551.00M | $630.00M | $569.00M | $673.00M | $459.00M | $473.00M |
| Income taxes | −$87.00M | $20.00M | −$119.00M | −$220.00M | $20.00M | $39.00M | −$215.00M | −$106.00M |
| Net income | $761.00M | $885.00M | $670.00M | $850.00M | $549.00M | $634.00M | $674.00M | $579.00M |
| Net margin | 12.9% | 12.9% | 9.8% | 13.6% | 9.3% | 10.6% | 10.2% | 9.7% |
| EPS, basic | $0.33 | $0.39 | $0.29 | $0.37 | $0.24 | $0.28 | $0.30 | $0.27 |
| EPS, diluted | $0.33 | $0.39 | $0.30 | $0.37 | $0.24 | $0.28 | $0.30 | $0.27 |
| Diluted shares | 2.29B | 2.28B | 2.12B | 2.28B | 2.20B | 2.20B | 2.16B | 2.14B |
Figures describe PG&E 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.