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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 | $10.53M | $8.60M | $7.30M | $10.11M | $14.49M | $14.02M | $17.98M | $21.68M |
| Cost of revenue | $6.45M | $5.36M | $4.51M | $6.28M | $12.16M | $8.71M | $15.76M | $13.07M |
| Gross profit | $4.08M | $3.24M | $2.78M | $3.83M | $2.33M | $5.31M | $2.22M | $8.61M |
| Gross margin | 38.7% | 37.6% | 38.1% | 37.9% | 16.1% | 37.9% | 12.4% | 39.7% |
| Research and development | $13.15M | $14.57M | $12.39M | $13.28M | $11.50M | $12.67M | $18.97M | $17.83M |
| Selling, general and administrative | $13.04M | $11.25M | $10.48M | $5.23M | $7.75M | $11.74M | $16.35M | $15.04M |
| Operating expenses | $31.27M | $31.00M | $44.18M | $23.25M | $23.98M | $30.61M | $41.21M | $37.59M |
| Operating income | −$27.19M | −$27.77M | −$41.39M | −$19.41M | −$21.65M | −$25.30M | −$38.99M | −$28.97M |
| Operating margin | -258.2% | -322.9% | -567.3% | -192.0% | -149.4% | -180.5% | -216.9% | -133.6% |
| EBITDA | −$21.22M | −$21.60M | −$19.19M | −$13.80M | −$16.05M | −$18.29M | −$32.34M | −$23.51M |
| Interest income | $1.83M | $1.69M | $1.53M | $1.39M | $647.00K | $744.00K | $941.00K | $1.17M |
| Interest expense | $274.00K | $264.00K | $0 | — | $131.00K | −$38.00K | $0 | — |
| Income before taxes | −$228.15M | −$33.72M | −$31.58M | −$18.93M | −$48.80M | −$16.47M | −$44.36M | −$18.61M |
| Income taxes | $71.00K | $67.00K | −$61.00K | −$19.00K | $48.00K | $82.00K | −$598.00K | $125.00K |
| Net income | −$228.22M | −$33.79M | −$31.82M | −$19.23M | −$49.08M | −$16.83M | −$39.86M | −$18.73M |
| Net margin | -2167.5% | -392.9% | -436.1% | -190.2% | -338.7% | -120.1% | -221.7% | -86.4% |
| EPS, basic | −$0.95 | −$0.15 | −$0.14 | −$0.09 | −$0.25 | −$0.09 | −$0.22 | −$0.10 |
| EPS, diluted | −$0.95 | −$0.15 | −$0.14 | −$0.09 | −$0.25 | −$0.09 | −$0.22 | −$0.10 |
| Diluted shares | 240.64M | 229.99M | 222.87M | 212.68M | 198.96M | 187.78M | 182.26M | 184.67M |
Figures describe Navitas Semiconductor shares, not any token. As of Jul 27, 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.