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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 | $2.40B | $2.00B | $2.03B | $2.48B | $2.19B | $1.81B | $2.04B | $2.58B |
| Cost of revenue | $1.45B | $1.83B | −$40.00M | $1.91B | $1.39B | $1.81B | −$1.53B | $2.41B |
| Gross profit | $942.00M | $179.00M | $2.07B | $567.00M | $791.00M | $4.00M | $3.57B | $169.00M |
| Gross margin | 39.3% | 8.9% | 102.0% | 22.9% | 36.2% | 0.2% | 174.9% | 6.6% |
| Selling, general and administrative | $258.00M | $236.00M | $251.00M | $241.00M | $246.00M | $219.00M | $225.00M | $189.00M |
| Operating expenses | $771.00M | $262.00M | $2.22B | $120.00M | $690.00M | $249.00M | $3.87B | $1.56B |
| Operating income | $171.00M | −$83.00M | −$151.00M | $447.00M | $101.00M | −$245.00M | −$304.00M | −$1.39B |
| Operating margin | 7.1% | -4.1% | -7.4% | 18.0% | 4.6% | -13.5% | -14.9% | -54.0% |
| EBITDA | $739.00M | $480.00M | $453.00M | $829.00M | $588.00M | $409.00M | $496.00M | $1.01B |
| Interest expense | −$259.00M | −$256.00M | −$179.00M | −$247.00M | −$384.00M | −$267.00M | −$260.00M | −$246.00M |
| Income before taxes | $71.00M | −$304.00M | −$223.00M | $234.00M | −$316.00M | −$525.00M | −$563.00M | −$1.62B |
| Income taxes | $7.00M | $29.00M | −$29.00M | $50.00M | −$22.00M | −$82.00M | −$84.00M | −$288.00M |
| Net income | $64.00M | −$333.00M | −$194.00M | $184.00M | −$294.00M | −$443.00M | −$479.00M | −$1.33B |
| Net margin | 2.7% | -16.6% | -9.6% | 7.4% | -13.5% | -24.4% | -23.5% | -51.7% |
| EPS, basic | $0.20 | −$1.06 | −$0.62 | $0.59 | −$0.95 | −$1.44 | −$1.57 | −$4.34 |
| EPS, diluted | $0.05 | −$1.06 | −$0.63 | $0.42 | −$0.95 | −$1.44 | −$1.57 | −$4.34 |
| Diluted shares | 418.00M | 314.00M | 308.00M | 364.00M | 309.00M | 307.00M | 306.00M | 307.00M |
Figures describe Hertz Global Holdings shares, not any token. As of Aug 6, 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.