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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 | $2.10B | $1.53B | $1.58B | $2.07B | $2.06B | $1.53B | $1.75B | $2.16B |
| Cost of revenue | $1.53B | $1.11B | $1.15B | $1.50B | $1.46B | $1.10B | $1.29B | $1.59B |
| Gross profit | $578.93M | $427.56M | $428.44M | $568.92M | $603.49M | $429.62M | $468.08M | $566.24M |
| Gross margin | 27.5% | 27.9% | 27.1% | 27.5% | 29.3% | 28.1% | 26.7% | 26.2% |
| Selling, general and administrative | $348.99M | $322.85M | $332.65M | $343.66M | $339.00M | $322.58M | $338.49M | $326.37M |
| Operating expenses | $348.99M | $322.85M | $332.65M | $343.66M | $339.00M | $322.58M | $338.49M | $326.37M |
| Operating income | $229.94M | $104.70M | $95.79M | $225.26M | $264.49M | $107.04M | $129.60M | $239.87M |
| Operating margin | 10.9% | 6.8% | 6.1% | 10.9% | 12.8% | 7.0% | 7.4% | 11.1% |
| EBITDA | $240.87M | $115.72M | $106.87M | $236.25M | $275.40M | $117.82M | $140.09M | $250.31M |
| Interest income | $3.50M | $6.46M | $0 | — | $2.33M | $5.42M | $0 | — |
| Interest expense | $0 | $0 | $5.85M | $3.73M | $0 | $0 | $6.71M | $6.77M |
| Income before taxes | $241.87M | $116.64M | $107.38M | $238.50M | $274.20M | $117.61M | $142.90M | $257.02M |
| Income taxes | $50.57M | $23.70M | $20.33M | $49.27M | $57.43M | $23.07M | $27.72M | $55.37M |
| Net income | $191.30M | $92.94M | $87.05M | $189.23M | $216.77M | $94.54M | $115.18M | $201.65M |
| Net margin | 9.1% | 6.1% | 5.5% | 9.2% | 10.5% | 6.2% | 6.6% | 9.3% |
| EPS, basic | $4.00 | $1.87 | $1.77 | $3.98 | $4.53 | $1.93 | $2.40 | $4.24 |
| EPS, diluted | $4.00 | $1.87 | $1.76 | $3.98 | $4.52 | $1.93 | $2.36 | $4.22 |
| Diluted shares | 38.19M | 37.96M | 38.19M | 37.92M | 37.90M | 37.85M | 38.22M | 37.67M |
Figures describe Watsco shares, not any token. As of Aug 7, 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.