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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 |
|---|---|---|---|---|---|---|
| Revenue | $6.62B | $6.06B | $6.30B | $6.10B | $6.05B | $5.77B |
| Cost of revenue | $3.45B | $3.15B | $3.42B | $3.44B | $3.52B | $3.48B |
| Gross profit | $3.17B | $2.91B | $2.87B | $2.66B | $2.54B | $2.29B |
| Gross margin | 47.8% | 48.0% | 45.6% | 43.6% | 41.9% | 39.7% |
| Research and development | $608.66M | $1.04B | $710.67M | $711.24M | $725.29M | $760.70M |
| Selling, general and administrative | $1.49B | $1.51B | $1.13B | $1.14B | $998.97M | $996.26M |
| Operating expenses | $2.72B | $3.08B | $2.39B | $2.25B | $2.05B | $1.96B |
| Operating income | $446.87M | −$171.99M | $485.37M | $409.44M | $484.29M | $329.30M |
| Operating margin | 6.8% | -2.8% | 7.7% | 6.7% | 8.0% | 5.7% |
| EBITDA | $541.92M | −$76.01M | $581.44M | $501.56M | $576.69M | $418.25M |
| Interest income | $0 | $0 | −$53.78M | −$34.65M | $0 | $0 |
| Interest expense | −$55.72M | −$53.20M | $0 | — | −$23.69M | −$17.24M |
| Income before taxes | $301.48M | −$392.58M | $201.95M | $601.53M | $659.38M | $227.05M |
| Income taxes | $214.41M | −$83.98M | $86.40M | $139.93M | $121.05M | $38.33M |
| Net income | $87.07M | −$308.60M | $115.56M | $461.60M | $538.33M | $188.72M |
| Net margin | 1.3% | -5.1% | 1.8% | 7.6% | 8.9% | 3.3% |
| EPS, basic | $0.15 | −$0.52 | $0.19 | $0.76 | $0.88 | $0.31 |
| EPS, diluted | $0.15 | −$0.52 | $0.19 | $0.74 | $0.87 | $0.30 |
| Diluted shares | 608.85M | 597.59M | 615.42M | 621.66M | 618.93M | 635.34M |
Figures describe Block 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.