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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 | $11.10B | $9.34B | $10.96B | $9.97B | $9.11B | $8.03B | $10.56B | $8.91B |
| Cost of revenue | $8.74B | $7.56B | $8.63B | $8.07B | $7.27B | $6.56B | $8.44B | $7.80B |
| Gross profit | $2.36B | $1.78B | $2.32B | $1.90B | $1.85B | $1.47B | $2.12B | $1.11B |
| Gross margin | 21.3% | 19.1% | 21.2% | 19.0% | 20.3% | 18.3% | 20.1% | 12.4% |
| Research and development | $334.00M | $304.00M | $365.00M | $310.00M | $282.00M | $239.00M | $265.00M | $243.00M |
| Selling, general and administrative | $1.37B | $1.30B | $1.36B | $1.22B | $1.19B | $1.19B | $1.27B | $1.23B |
| Operating expenses | $1.71B | $1.60B | $1.72B | $1.53B | $1.47B | $1.43B | $1.53B | $1.47B |
| Operating income | $653.00M | $179.00M | $601.00M | $366.00M | $378.00M | $43.00M | $592.00M | −$359.00M |
| Operating margin | 5.9% | 1.9% | 5.5% | 3.7% | 4.1% | 0.5% | 5.6% | -4.0% |
| EBITDA | $1.07B | $521.00M | $831.00M | $579.00M | $583.00M | $248.00M | $861.00M | $39.00M |
| Interest income | $0 | $0 | −$141.00M | $44.00M | $0 | $0 | −$82.00M | $36.00M |
| Interest expense | $73.00M | $28.00M | $186.00M | — | $42.00M | $56.00M | $120.00M | — |
| Income before taxes | $925.00M | $5.10B | $1.11B | $746.00M | $645.00M | $332.00M | $1.11B | −$122.00M |
| Income taxes | $276.00M | $354.00M | −$2.57B | $293.00M | $153.00M | $68.00M | $629.00M | −$23.00M |
| Net income | $649.00M | $4.75B | $3.67B | $453.00M | $492.00M | $264.00M | $484.00M | −$99.00M |
| Net margin | 5.8% | 50.9% | 33.5% | 4.5% | 5.4% | 3.3% | 4.6% | -1.1% |
| EPS, basic | $2.49 | $17.65 | $13.62 | $1.66 | $1.89 | $0.92 | $1.75 | −$0.35 |
| EPS, diluted | $2.47 | $17.44 | $13.37 | $1.64 | $1.86 | $0.91 | $1.70 | −$0.35 |
| Diluted shares | 270.00M | 272.00M | 274.00M | 275.00M | 276.00M | 279.00M | 285.00M | 275.00M |
Figures describe GE Vernova Inc. shares, not any token. As of Jul 22, 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.