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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 | $4.41B | $3.99B | $4.21B | $4.23B | $3.94B | $3.72B | $4.10B | $3.99B |
| Cost of revenue | $2.68B | $2.52B | $2.62B | $2.56B | $2.41B | $2.36B | $2.46B | $2.34B |
| Gross profit | $1.73B | $1.47B | $1.59B | $1.67B | $1.53B | $1.36B | $1.64B | $1.65B |
| Gross margin | 39.3% | 36.9% | 37.8% | 39.4% | 38.9% | 36.5% | 40.0% | 41.3% |
| Selling, general and administrative | $472.00M | $441.00M | $431.00M | $442.00M | $422.00M | $437.00M | $436.00M | $416.00M |
| Operating expenses | $594.00M | $600.00M | $538.00M | $551.00M | $530.00M | $552.00M | $551.00M | $526.00M |
| Operating income | $1.14B | $869.00M | $1.05B | $1.11B | $1.00B | $804.00M | $1.09B | $1.12B |
| Operating margin | 25.8% | 21.8% | 25.0% | 26.3% | 25.4% | 21.6% | 26.5% | 28.1% |
| EBITDA | $1.96B | $1.71B | $1.86B | $1.92B | $1.76B | $1.56B | $1.85B | $1.87B |
| Interest income | $0 | −$176.00M | −$183.00M | −$178.00M | $0 | −$184.00M | −$180.00M | −$178.00M |
| Interest expense | −$178.00M | $0 | $0 | — | −$171.00M | $0 | $0 | — |
| Income before taxes | $1.01B | $701.00M | $874.00M | $937.00M | $839.00M | $688.00M | $909.00M | $949.00M |
| Income taxes | $254.00M | $170.00M | $221.00M | $236.00M | $217.00M | $170.00M | $220.00M | $241.00M |
| Net income | $753.00M | $531.00M | $653.00M | $701.00M | $622.00M | $518.00M | $689.00M | $708.00M |
| Net margin | 17.1% | 13.3% | 15.5% | 16.6% | 15.8% | 13.9% | 16.8% | 17.7% |
| EPS, basic | $12.04 | $8.44 | $10.31 | $10.93 | $9.59 | $7.92 | $10.51 | $10.73 |
| EPS, diluted | $12.03 | $8.43 | $10.24 | $10.91 | $9.59 | $7.91 | $10.45 | $10.70 |
| Diluted shares | 62.63M | 63.03M | 63.76M | 64.28M | 64.95M | 65.44M | 65.95M | 66.19M |
Figures describe United Rentals shares, not any token. As of Jul 22, 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.