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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 | $390.05M | $374.76M | $385.39M | $354.69M | $339.46M | $324.14M | $315.52M | $301.04M |
| Cost of revenue | $125.10M | $121.35M | $123.26M | $114.27M | $115.45M | $108.26M | $104.80M | $100.73M |
| Gross profit | $264.94M | $253.41M | $262.13M | $240.42M | $224.01M | $215.88M | $210.72M | $200.31M |
| Gross margin | 67.9% | 67.6% | 68.0% | 67.8% | 66.0% | 66.6% | 66.8% | 66.5% |
| Research and development | $25.40M | $22.38M | $21.79M | $22.68M | $23.22M | $22.08M | $20.01M | $25.21M |
| Selling, general and administrative | $198.51M | $192.80M | $181.10M | $168.90M | $159.96M | $153.46M | $147.94M | $139.74M |
| Operating expenses | $223.91M | $215.18M | $202.90M | $191.58M | $183.18M | $175.53M | $167.95M | $164.94M |
| Operating income | $41.04M | $38.23M | $59.23M | $48.84M | $40.83M | $40.35M | $42.78M | $35.36M |
| Operating margin | 10.5% | 10.2% | 15.4% | 13.8% | 12.0% | 12.4% | 13.6% | 11.7% |
| EBITDA | $46.65M | $42.81M | $63.69M | $51.33M | $46.34M | $45.37M | $47.16M | $39.51M |
| Interest income | $5.92M | $3.45M | −$11.48M | $3.49M | $3.99M | $3.51M | −$10.03M | $4.41M |
| Interest expense | −$311.00K | $0 | $0 | — | −$319.00K | $0 | $0 | — |
| Income before taxes | $46.19M | $41.69M | $63.63M | $52.33M | $45.31M | $43.86M | $44.34M | $39.78M |
| Income taxes | $11.38M | $9.10M | $16.29M | $6.47M | $40.00K | $4.64M | $10.66M | $10.25M |
| Net income | $34.81M | $32.58M | $47.34M | $45.85M | $45.27M | $39.22M | $33.68M | $29.53M |
| Net margin | 8.9% | 8.7% | 12.3% | 12.9% | 13.3% | 12.1% | 10.7% | 9.8% |
| EPS, basic | $0.88 | $0.83 | $1.21 | $1.17 | $1.17 | $1.02 | $0.88 | $0.76 |
| EPS, diluted | $0.88 | $0.82 | $1.20 | $1.17 | $1.15 | $1.00 | $0.85 | $0.75 |
| Diluted shares | 39.57M | 39.54M | 39.46M | 39.30M | 39.25M | 39.16M | 39.71M | 39.18M |
Figures describe Penumbra 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.