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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 | $16.74B | $13.91B | $14.00B | $13.69B | $14.39B | $12.55B | $13.66B | $13.65B |
| Cost of revenue | $4.88B | $0 | $0 | $0 | $2.66B | $0 | $0 | $0 |
| Gross profit | $11.85B | $13.91B | $14.00B | $13.69B | $11.73B | $12.55B | $13.66B | $13.65B |
| Gross margin | 70.8% | 100.0% | 100.0% | 100.0% | 81.5% | 100.0% | 100.0% | 100.0% |
| Selling, general and administrative | $5.24B | $5.18B | $5.03B | $4.94B | $4.92B | $4.67B | $4.59B | $4.57B |
| Operating expenses | $11.41B | $13.95B | $13.55B | $13.54B | $10.59B | $12.82B | $12.53B | $13.56B |
| Operating income | $446.00M | −$41.00M | $452.00M | $151.00M | $1.14B | −$270.00M | $1.13B | $89.00M |
| Operating margin | 2.7% | -0.3% | 3.2% | 1.1% | 7.9% | -2.2% | 8.3% | 0.7% |
| EBITDA | $453.00M | −$27.00M | $2.71B | $158.00M | $1.18B | −$200.00M | $3.36B | $643.00M |
| Interest income | $74.00M | $55.00M | $72.00M | $90.00M | $100.00M | $94.00M | $105.00M | $117.00M |
| Interest expense | −$409.00M | −$397.00M | −$422.00M | −$432.00M | −$433.00M | −$428.00M | −$470.00M | −$480.00M |
| Income before taxes | $107.00M | −$476.00M | $142.00M | −$142.00M | $838.00M | −$648.00M | $795.00M | −$256.00M |
| Income taxes | $36.00M | −$94.00M | $43.00M | −$28.00M | $239.00M | −$175.00M | $205.00M | −$107.00M |
| Net income | $71.00M | −$382.00M | $99.00M | −$114.00M | $599.00M | −$473.00M | $590.00M | −$149.00M |
| Net margin | 0.4% | -2.7% | 0.7% | -0.8% | 4.2% | -3.8% | 4.3% | -1.1% |
| EPS, basic | $0.11 | −$0.58 | $0.15 | −$0.17 | $0.91 | −$0.72 | $0.90 | −$0.23 |
| EPS, diluted | $0.11 | −$0.58 | $0.15 | −$0.17 | $0.91 | −$0.72 | $0.69 | −$0.23 |
| Diluted shares | 662.61M | 661.18M | 664.60M | 660.36M | 660.37M | 658.88M | 851.63M | 657.42M |
Figures describe American Airlines shares, not any token. As of Jul 23, 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.