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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 | $6.64B | $6.49B | $6.64B | $6.20B | $5.60B | $5.26B | $5.24B | $5.65B |
| Cost of revenue | $4.99B | $5.13B | $5.18B | $4.91B | $4.48B | $4.24B | $4.32B | $4.72B |
| Gross profit | $1.65B | $1.36B | $1.46B | $1.29B | $1.12B | $1.02B | $924.00M | $932.00M |
| Gross margin | 24.9% | 21.0% | 22.0% | 20.8% | 20.0% | 19.4% | 17.6% | 16.5% |
| Operating expenses | $5.31B | $5.95B | $6.03B | $5.79B | $4.79B | $4.81B | $4.96B | $5.36B |
| Operating income | $1.33B | $540.00M | $608.00M | $418.00M | $813.00M | $449.00M | $279.00M | $292.00M |
| Operating margin | 20.0% | 8.3% | 9.2% | 6.7% | 14.5% | 8.5% | 5.3% | 5.2% |
| EBITDA | $1.33B | $540.00M | $651.00M | $418.00M | $813.00M | $449.00M | $325.00M | $292.00M |
| Interest expense | −$718.00M | −$99.00M | −$98.00M | −$98.00M | −$404.00M | −$80.00M | −$86.00M | −$78.00M |
| Income before taxes | $605.00M | $441.00M | $510.00M | $320.00M | $341.00M | $369.00M | $225.00M | $214.00M |
| Income taxes | $141.00M | $110.00M | $45.00M | $65.00M | $160.00M | $81.00M | $75.00M | $56.00M |
| Net income | $464.00M | $331.00M | $465.00M | $255.00M | $181.00M | $288.00M | $150.00M | $158.00M |
| Net margin | 7.0% | 5.1% | 7.0% | 4.1% | 3.2% | 5.5% | 2.9% | 2.8% |
| EPS, basic | $7.07 | $5.04 | $7.06 | $3.85 | $2.72 | $4.33 | $2.27 | $2.37 |
| EPS, diluted | $7.01 | $4.98 | $6.99 | $3.81 | $2.70 | $4.27 | $2.22 | $2.33 |
| Diluted shares | 66.00M | 66.00M | 66.20M | 67.00M | 67.00M | 67.00M | 66.60M | 67.00M |
Figures describe Reinsurance Group of America shares, not any token. As of Aug 7, 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.