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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 | $530.85M | $861.76M | $699.11M | $476.97M | $514.91M | $783.63M | $604.38M | $435.26M |
| Cost of revenue | $46.20M | $238.62M | $139.94M | $22.51M | $56.74M | $184.64M | $94.51M | $19.10M |
| Gross profit | $484.65M | $623.14M | $559.18M | $454.47M | $458.17M | $598.99M | $509.87M | $416.16M |
| Gross margin | 91.3% | 72.3% | 80.0% | 95.3% | 89.0% | 76.4% | 84.4% | 95.6% |
| Operating expenses | $291.38M | $312.50M | $332.17M | $284.69M | $272.90M | $260.08M | $283.25M | $261.07M |
| Operating income | $193.27M | $310.64M | $227.00M | $169.77M | $185.27M | $338.91M | $226.63M | $155.09M |
| Operating margin | 36.4% | 36.0% | 32.5% | 35.6% | 36.0% | 43.2% | 37.5% | 35.6% |
| EBITDA | $306.57M | $421.37M | $334.51M | $276.84M | $288.79M | $438.28M | $323.13M | $247.69M |
| Interest income | $510.00K | $1.61M | $94.00K | $1.08M | $301.00K | $229.00K | $659.00K | $1.39M |
| Interest expense | −$89.11M | −$87.31M | −$84.94M | −$82.27M | −$79.81M | −$82.07M | −$79.30M | −$76.85M |
| Income before taxes | $109.12M | $230.78M | $147.85M | $96.38M | $112.40M | $263.19M | $155.86M | $85.24M |
| Income taxes | $3.39M | $6.39M | $15.17M | $4.30M | $4.57M | −$20.60M | −$28.90M | $15.84M |
| Net income | $105.73M | $224.39M | $132.68M | $92.08M | $107.83M | $283.79M | $184.76M | $69.40M |
| Net margin | 19.9% | 26.0% | 19.0% | 19.3% | 20.9% | 36.2% | 30.6% | 15.9% |
| EPS, basic | $0.37 | $0.79 | $0.47 | $0.33 | $0.38 | $1.03 | $0.67 | $0.25 |
| EPS, diluted | $0.37 | $0.79 | $0.47 | $0.33 | $0.38 | $1.03 | $0.67 | $0.25 |
| Diluted shares | 284.09M | 283.64M | 283.77M | 282.30M | 280.73M | 275.69M | 275.45M | 274.54M |
Figures describe Essential Utilities 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.