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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 | Q1 FY272026-07-31 | Q4 FY262026-04-30 | Q3 FY262026-01-31 | Q2 FY262025-10-31 | Q1 FY262025-07-31 | Q4 FY252025-04-30 | Q3 FY252025-01-31 | Q2 FY252024-10-31 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.22B | $2.27B | $2.34B | $2.33B | $2.11B | $2.14B | $2.19B | $2.27B |
| Cost of revenue | $1.24B | $1.41B | $1.51B | $1.46B | $1.64B | $1.32B | $1.31B | $1.39B |
| Gross profit | $979.60M | $862.10M | $827.80M | $869.90M | $474.70M | $823.30M | $878.10M | $886.10M |
| Gross margin | 44.1% | 38.0% | 35.4% | 37.3% | 22.5% | 38.4% | 40.2% | 39.0% |
| Selling, general and administrative | $410.50M | $357.80M | $363.20M | $398.20M | $377.40M | $380.60M | $367.60M | $390.70M |
| Operating expenses | $468.00M | $406.50M | $1.38B | $454.00M | $429.10M | $1.40B | $1.43B | $457.20M |
| Operating income | $511.60M | $455.60M | −$552.40M | $415.90M | $45.60M | −$580.70M | −$556.00M | $428.90M |
| Operating margin | 23.1% | 20.1% | -23.6% | 17.8% | 2.2% | -27.1% | -25.4% | 18.9% |
| EBITDA | $639.70M | $594.50M | $558.40M | $564.80M | $186.80M | $530.60M | $578.70M | $567.60M |
| Interest income | $0 | $293.30M | −$94.50M | −$98.60M | $0 | $294.50M | −$95.40M | −$98.70M |
| Interest expense | −$82.30M | −$381.20M | $0 | — | −$100.20M | −$388.70M | $0 | — |
| Income before taxes | $427.90M | $327.60M | −$651.90M | $318.40M | −$56.50M | −$697.10M | −$662.50M | $66.80M |
| Income taxes | $103.60M | −$60.50M | $72.30M | $77.10M | −$12.60M | $31.90M | −$200.00K | $91.30M |
| Net income | $324.30M | $388.10M | −$724.20M | $241.30M | −$43.90M | −$729.00M | −$662.30M | −$24.50M |
| Net margin | 14.6% | 17.1% | -31.0% | 10.4% | -2.1% | -34.0% | -30.3% | -1.1% |
| EPS, basic | $3.04 | $3.63 | −$6.79 | $2.26 | −$0.41 | −$6.85 | −$6.22 | −$0.23 |
| EPS, diluted | $3.03 | $3.63 | −$6.79 | $2.26 | −$0.41 | −$6.85 | −$6.22 | −$0.23 |
| Diluted shares | 107.10M | 106.80M | 106.70M | 106.70M | 106.60M | 106.50M | 106.40M | 106.40M |
Figures describe J.M. Smucker shares, not any token. As of Aug 26, 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.