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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 FY272026-06-30 | Q4 FY262026-03-31 | Q2 FY262025-09-30 | Q1 FY262025-06-30 | Q4 FY252025-03-31 | Q4 FY242024-12-31 | Q2 FY252024-09-30 | Q3 FY242024-07-02 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $478.40M | $500.50M | $679.90M | $479.50M | $465.80M | $740.60M | $675.10M | $934.40M |
| Cost of revenue | $24.50M | $16.70M | $109.80M | $35.00M | $15.40M | $195.70M | $116.80M | $237.60M |
| Gross profit | $453.90M | $483.80M | $570.10M | $444.50M | $450.40M | $544.90M | $558.30M | $696.80M |
| Gross margin | 94.9% | 96.7% | 83.9% | 92.7% | 96.7% | 73.6% | 82.7% | 74.6% |
| Selling, general and administrative | $49.90M | $125.70M | $55.80M | $50.60M | $109.60M | $76.70M | $58.70M | $74.80M |
| Operating expenses | $371.80M | $429.30M | $546.20M | $377.30M | $415.20M | $685.30M | $381.70M | $493.40M |
| Operating income | $82.10M | $54.50M | $23.90M | $67.20M | $35.20M | −$140.40M | $176.60M | $203.40M |
| Operating margin | 17.2% | 10.9% | 3.5% | 14.0% | 7.6% | -19.0% | 26.2% | 21.8% |
| EBITDA | $100.00M | $54.80M | $189.80M | $100.60M | $59.20M | $763.10M | $176.60M | $204.70M |
| Interest income | $6.20M | $7.40M | $17.30M | $16.40M | $4.40M | $5.30M | $5.30M | $5.50M |
| Interest expense | −$38.10M | −$38.40M | −$41.50M | −$54.40M | −$82.10M | −$83.20M | −$87.60M | −$87.70M |
| Income before taxes | $42.90M | $1.80M | −$2.00M | −$27.30M | −$26.40M | −$256.30M | $270.30M | $297.20M |
| Income taxes | $600.00K | $8.10M | $1.70M | $2.70M | −$3.30M | −$25.30M | −$8.10M | −$8.00M |
| Net income | −$1.02B | −$6.30M | $10.90M | $1.33B | −$41.60M | −$231.00M | $305.20M | $305.20M |
| Net margin | -214.2% | -1.3% | 1.6% | 277.4% | -8.9% | -31.2% | 45.2% | 32.7% |
| EPS, basic | −$8.06 | −$0.07 | $0.07 | $10.02 | −$0.34 | −$1.81 | $2.31 | $2.31 |
| EPS, diluted | −$8.08 | −$0.07 | $0.07 | $10.02 | −$0.34 | −$1.80 | $2.31 | $2.31 |
| Diluted shares | 127.00M | 125.50M | 124.10M | 126.40M | 129.80M | 127.20M | 124.00M | 124.00M |
Figures describe Sun Communities shares, not any token. As of Jul 28, 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.