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Where the tokens are
Trade META perpsStandardised 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 | $60.80B | $56.31B | $59.89B | $51.24B | $47.52B | $42.31B | $48.39B | $40.59B |
| Cost of revenue | $11.33B | $10.22B | $10.91B | $9.21B | $8.49B | $7.57B | $8.84B | $7.38B |
| Gross profit | $49.47B | $46.09B | $48.99B | $42.04B | $39.03B | $34.74B | $39.55B | $33.21B |
| Gross margin | 81.4% | 81.9% | 81.8% | 82.0% | 82.1% | 82.1% | 81.7% | 81.8% |
| Research and development | $21.66B | $17.70B | $17.14B | $15.14B | $12.94B | $12.15B | $12.18B | $11.18B |
| Selling, general and administrative | $9.04B | $5.52B | $7.11B | $6.36B | $5.64B | $5.04B | $4.00B | $4.69B |
| Operating expenses | $30.70B | $23.22B | $24.24B | $21.50B | $18.58B | $17.19B | $16.18B | $15.86B |
| Operating income | $18.78B | $22.87B | $24.75B | $20.54B | $20.44B | $17.56B | $23.36B | $17.35B |
| Operating margin | 30.9% | 40.6% | 41.3% | 40.1% | 43.0% | 41.5% | 48.3% | 42.7% |
| EBITDA | $25.13B | $28.87B | $30.16B | $25.50B | $24.78B | $21.46B | $27.82B | $21.38B |
| Interest expense | −$19.00M | −$1.12B | $0 | — | $93.00M | $827.00M | $0 | — |
| Income before taxes | $18.76B | $21.75B | $25.35B | $21.66B | $20.53B | $18.38B | $23.55B | $17.82B |
| Income taxes | $2.91B | −$5.02B | $2.59B | $18.95B | $2.20B | $1.74B | $2.71B | $2.13B |
| Net income | $15.85B | $26.77B | $22.77B | $2.71B | $18.34B | $16.64B | $20.84B | $15.69B |
| Net margin | 26.1% | 47.5% | 38.0% | 5.3% | 38.6% | 39.3% | 43.1% | 38.7% |
| EPS, basic | $6.23 | $10.57 | $9.03 | $1.08 | $7.28 | $6.59 | $8.24 | $6.20 |
| EPS, diluted | $6.18 | $10.44 | $8.88 | $1.05 | $7.14 | $6.43 | $7.95 | $6.03 |
| Diluted shares | 2.57B | 2.56B | 2.56B | 2.57B | 2.57B | 2.59B | 2.62B | 2.60B |
Figures describe Meta shares, not any token. As of Jul 30, 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.