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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 | $4.02B | $5.64B | $4.58B | $4.97B | $4.25B | $3.93B | $4.04B | $6.29B |
| Cost of revenue | $1.77B | $2.53B | $2.31B | $2.37B | $1.97B | $2.45B | $1.77B | $2.21B |
| Gross profit | $2.24B | $3.11B | $2.27B | $2.60B | $2.28B | $1.49B | $2.27B | $4.08B |
| Gross margin | 55.8% | 55.1% | 49.6% | 52.3% | 53.6% | 37.8% | 56.3% | 64.9% |
| Selling, general and administrative | $392.00M | $427.00M | $460.00M | $444.00M | $419.00M | $391.00M | $464.00M | $411.00M |
| Operating expenses | $1.69B | $1.61B | $1.80B | $1.56B | $1.76B | $1.61B | $1.67B | $1.49B |
| Operating income | $553.00M | $1.50B | $474.00M | $1.04B | $515.00M | −$120.00M | $599.00M | $2.59B |
| Operating margin | 13.8% | 26.6% | 10.3% | 20.9% | 12.1% | -3.1% | 14.8% | 41.2% |
| EBITDA | $1.20B | $2.22B | $1.35B | $1.73B | $1.35B | $652.00M | $1.34B | $3.30B |
| Interest expense | −$312.00M | −$287.00M | −$271.00M | −$286.00M | −$303.00M | −$324.00M | −$157.00M | −$332.00M |
| Income before taxes | $427.00M | $1.21B | $308.00M | $856.00M | $403.00M | −$444.00M | $451.00M | $2.39B |
| Income taxes | $122.00M | $183.00M | $75.00M | $204.00M | $76.00M | −$176.00M | −$39.00M | $555.00M |
| Net income | $305.00M | $1.03B | $233.00M | $652.00M | $327.00M | −$268.00M | $490.00M | $1.84B |
| Net margin | 7.6% | 18.2% | 5.1% | 13.1% | 7.7% | -6.8% | 12.1% | 29.2% |
| EPS, basic | $0.77 | $2.90 | $0.55 | $1.78 | $0.82 | −$0.93 | $1.16 | $5.36 |
| EPS, diluted | $0.76 | $2.87 | $0.53 | $1.75 | $0.81 | −$0.93 | $1.10 | $5.25 |
| Diluted shares | 339.23M | 341.86M | 352.28M | 345.04M | 345.51M | 339.80M | 356.77M | 350.20M |
Figures describe Vistra shares, not any token. As of Aug 10, 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.