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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 | $575.57M | $423.87M | $465.69M | $509.26M | $499.83M | $407.67M | $439.12M | $470.00M |
| Cost of revenue | $324.57M | $325.32M | $306.40M | $316.94M | $310.08M | $300.93M | $347.37M | $319.93M |
| Gross profit | $251.00M | $98.55M | $159.29M | $192.33M | $189.75M | $106.74M | $91.75M | $150.07M |
| Gross margin | 43.6% | 23.3% | 34.2% | 37.8% | 38.0% | 26.2% | 20.9% | 31.9% |
| Selling, general and administrative | $6.22M | $31.00M | $4.28M | $5.05M | $4.75M | $29.82M | $2.74M | $3.99M |
| Operating expenses | $363.41M | $356.32M | $339.82M | $352.20M | $344.43M | $330.75M | $377.67M | $352.79M |
| Operating income | $212.16M | $67.55M | $125.88M | $157.07M | $155.40M | $76.92M | $61.45M | $117.20M |
| Operating margin | 36.9% | 15.9% | 27.0% | 30.8% | 31.1% | 18.9% | 14.0% | 24.9% |
| EBITDA | $212.16M | $67.55M | $134.01M | $157.07M | $155.40M | $76.92M | $69.11M | $117.20M |
| Interest expense | −$4.44M | −$2.35M | −$1.31M | −$1.36M | −$1.35M | −$1.34M | −$1.49M | −$1.62M |
| Income before taxes | $210.69M | $67.34M | $113.59M | $157.25M | $156.52M | $78.63M | $47.43M | $116.83M |
| Income taxes | $42.66M | $12.46M | $22.41M | $32.64M | $32.18M | $15.42M | $6.57M | $21.80M |
| Net income | $168.03M | $54.89M | $91.18M | $124.61M | $124.34M | $63.21M | $40.86M | $95.03M |
| Net margin | 29.2% | 12.9% | 19.6% | 24.5% | 24.9% | 15.5% | 9.3% | 20.2% |
| EPS, basic | $1.83 | $0.60 | $0.99 | $1.36 | $1.35 | $0.69 | $0.45 | $1.04 |
| EPS, diluted | $1.82 | $0.60 | $0.99 | $1.35 | $1.34 | $0.68 | $0.44 | $1.03 |
| Diluted shares | 92.16M | 92.19M | 92.21M | 92.31M | 92.52M | 92.53M | 92.68M | 92.44M |
Figures describe RLI shares, not any token. As of Jul 24, 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.