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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 | $3.91B | $3.53B | $4.58B | $3.68B | $3.67B | $3.70B | $4.75B | $3.01B |
| Cost of revenue | $1.99B | $1.64B | −$1.51B | $3.40B | $1.84B | $2.26B | −$1.76B | $3.29B |
| Gross profit | $1.91B | $1.89B | $6.09B | $278.40M | $1.83B | $1.44B | $6.51B | −$278.90M |
| Gross margin | 49.0% | 53.6% | 133.0% | 7.6% | 49.9% | 38.9% | 137.0% | -9.3% |
| Operating expenses | $3.40B | $3.05B | $3.94B | $3.43B | $3.17B | $3.67B | $3.64B | $3.31B |
| Operating income | $503.70M | $481.80M | $635.60M | $248.40M | $498.80M | $28.90M | $1.11B | −$293.80M |
| Operating margin | 12.9% | 13.7% | 13.9% | 6.7% | 13.6% | 0.8% | 23.4% | -9.8% |
| EBITDA | $503.70M | $481.80M | $887.00M | $248.40M | $498.80M | $28.90M | $1.37B | −$293.80M |
| Income before taxes | $496.30M | $481.80M | $635.60M | $248.40M | $503.10M | $28.90M | $1.11B | −$293.80M |
| Income taxes | $66.00M | $68.90M | $110.40M | $14.50M | $69.60M | −$34.00M | $209.90M | −$100.40M |
| Net income | $430.30M | $412.90M | $525.20M | $233.90M | $433.50M | $62.90M | $902.50M | −$193.40M |
| Net margin | 11.0% | 11.7% | 11.5% | 6.4% | 11.8% | 1.7% | 19.0% | -6.4% |
| EPS, basic | $1.87 | $1.96 | $2.36 | $0.96 | $1.81 | $0.21 | $3.98 | −$0.95 |
| EPS, diluted | $1.84 | $1.93 | $2.33 | $0.95 | $1.79 | $0.21 | $3.86 | −$0.95 |
| Diluted shares | 218.70M | 220.30M | 222.30M | 225.20M | 226.50M | 228.80M | 234.50M | 230.70M |
Figures describe Principal Financial shares, not any token. As of Jul 29, 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.