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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 | $86.40M | $80.20M | $49.35M | $75.55M | $61.22M | $63.23M | $80.12M | $61.77M |
| Cost of revenue | $0 | $0 | $0 | $20.98M | $0 | $0 | $0 | $16.87M |
| Gross profit | $86.40M | $80.20M | $49.35M | $54.57M | $61.22M | $63.23M | $80.12M | $44.90M |
| Gross margin | 100.0% | 100.0% | 100.0% | 72.2% | 100.0% | 100.0% | 100.0% | 72.7% |
| Selling, general and administrative | $16.66M | $21.64M | $19.77M | $1.94M | $16.52M | $15.14M | $16.76M | $1.30M |
| Operating expenses | $15.77M | $20.50M | $18.71M | $16.96M | $16.01M | $14.73M | $16.42M | $14.92M |
| Operating income | $70.63M | $59.70M | $30.64M | $37.61M | $45.21M | $48.50M | $63.70M | $29.98M |
| Operating margin | 81.7% | 74.4% | 62.1% | 49.8% | 73.8% | 76.7% | 79.5% | 48.5% |
| EBITDA | $84.85M | $45.48M | $30.64M | $37.61M | $54.98M | $38.73M | $63.70M | $29.98M |
| Interest expense | −$24.77M | −$24.10M | −$23.88M | — | −$18.04M | −$17.66M | −$19.05M | — |
| Income before taxes | $45.04M | $30.87M | $40.17M | $37.61M | $42.04M | $27.70M | $46.64M | $29.98M |
| Income taxes | $639.00K | $1.04M | $714.00K | $644.00K | $621.00K | $616.00K | $781.00K | $619.00K |
| Net income | $44.41M | $29.83M | $39.46M | $36.97M | $41.41M | $27.09M | $45.86M | $29.36M |
| Net margin | 51.4% | 37.2% | 80.0% | 48.9% | 67.6% | 42.8% | 57.2% | 47.5% |
| EPS, basic | $0.49 | $0.36 | $0.51 | $0.39 | $0.63 | $0.43 | — | $0.45 |
| EPS, diluted | $0.49 | $0.36 | $0.51 | $0.39 | $0.63 | $0.43 | — | $0.43 |
| Diluted shares | 90.46M | 83.64M | 77.21M | 71.47M | 65.91M | 62.56M | — | 58.37M |
Figures describe Trinity Capital shares, not any token. As of Aug 5, 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.