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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 | $143.35M | $112.97M | $107.26M | $110.42M | $96.05M | $93.97M | $96.17M | $93.17M |
| Cost of revenue | $60.23M | $50.60M | $47.84M | $46.91M | $48.92M | $49.60M | $45.81M | $47.42M |
| Gross profit | $83.12M | $62.37M | $59.42M | $63.51M | $47.13M | $44.37M | $50.36M | $45.74M |
| Gross margin | 58.0% | 55.2% | 55.4% | 57.5% | 49.1% | 47.2% | 52.4% | 49.1% |
| Research and development | $20.64M | $22.29M | $20.54M | $19.86M | $18.79M | $19.38M | $16.98M | $16.96M |
| Selling, general and administrative | $27.60M | $23.19M | $23.20M | $22.75M | $27.95M | $25.14M | $24.17M | $23.40M |
| Operating expenses | $48.24M | $45.48M | $43.74M | $42.61M | $1.74M | $44.51M | $41.16M | $40.36M |
| Operating income | $34.88M | $16.88M | $15.69M | $20.91M | $45.39M | −$149.00K | $9.21M | $5.39M |
| Operating margin | 24.3% | 14.9% | 14.6% | 18.9% | 47.3% | -0.2% | 9.6% | 5.8% |
| EBITDA | $40.30M | $22.22M | $20.86M | $26.14M | $50.58M | $5.04M | $13.82M | $10.13M |
| Income before taxes | $38.92M | $20.40M | $19.23M | $23.31M | $49.04M | $2.99M | $11.76M | $9.10M |
| Income taxes | −$10.86M | −$273.00K | −$27.30M | −$4.99M | $7.84M | $424.00K | $1.52M | −$2.46M |
| Net income | $49.79M | $20.68M | $46.53M | $28.30M | $41.20M | $2.56M | $10.24M | $11.55M |
| Net margin | 34.7% | 18.3% | 43.4% | 25.6% | 42.9% | 2.7% | 10.7% | 12.4% |
| EPS, basic | $1.08 | $0.45 | $1.03 | $0.63 | $0.92 | $0.06 | $0.23 | $0.26 |
| EPS, diluted | $1.04 | $0.44 | $1.01 | $0.63 | $0.91 | $0.06 | $0.22 | $0.26 |
| Diluted shares | 47.71M | 47.25M | 46.30M | 44.93M | 45.08M | 45.50M | 46.13M | 45.17M |
Figures describe Vicor shares, not any token. As of Jul 29, 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.