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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 FY272026-08-01 | Q1 FY272026-05-02 | Q4 FY262026-01-31 | Q3 FY262025-11-01 | Q2 FY262025-08-02 | Q1 FY262025-05-03 | Q4 FY252025-02-01 | Q3 FY252024-11-02 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $26.54B | $25.44B | $30.45B | $25.27B | $25.21B | $23.85B | $30.92B | $25.67B |
| Cost of revenue | $17.60B | $18.06B | $22.34B | $18.14B | $17.90B | $17.13B | $22.80B | $18.40B |
| Gross profit | $8.94B | $7.38B | $8.11B | $7.13B | $7.31B | $6.72B | $8.11B | $7.27B |
| Gross margin | 33.7% | 29.0% | 26.6% | 28.2% | 29.0% | 28.2% | 26.2% | 28.3% |
| Selling, general and administrative | $5.73B | $5.56B | $6.05B | $5.54B | $5.36B | $4.59B | $6.00B | $5.46B |
| Operating expenses | $6.38B | $6.25B | $6.73B | $6.19B | $5.99B | $5.25B | $6.65B | $6.10B |
| Operating income | $2.56B | $1.14B | $1.38B | $948.00M | $1.32B | $1.47B | $1.47B | $1.17B |
| Operating margin | 9.6% | 4.5% | 4.5% | 3.8% | 5.2% | 6.2% | 4.7% | 4.6% |
| EBITDA | $3.34B | $1.95B | $2.18B | $1.72B | $2.09B | $2.26B | $2.23B | $1.92B |
| Interest expense | −$98.00M | −$117.00M | −$99.00M | −$115.00M | −$116.00M | −$116.00M | −$90.00M | −$105.00M |
| Income before taxes | $2.46B | $1.03B | $1.31B | $859.00M | $1.22B | $1.38B | $1.41B | $1.09B |
| Income taxes | $582.00M | $252.00M | $263.00M | $170.00M | $283.00M | $346.00M | $303.00M | $237.00M |
| Net income | $1.88B | $781.00M | $1.05B | $689.00M | $935.00M | $1.04B | $1.10B | $854.00M |
| Net margin | 7.1% | 3.1% | 3.4% | 2.7% | 3.7% | 4.3% | 3.6% | 3.3% |
| EPS, basic | $4.13 | $1.72 | $2.31 | $1.52 | $2.06 | $2.28 | $2.41 | $1.86 |
| EPS, diluted | $4.11 | $1.71 | $2.30 | $1.51 | $2.05 | $2.27 | $2.41 | $1.85 |
| Diluted shares | 456.60M | 455.80M | 455.20M | 455.10M | 455.60M | 456.50M | 458.30M | 461.50M |
Figures describe Target shares, not any token. As of Aug 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.