Block, Inc. (XYZ) quarterly income statement — complete revenue, gross profit & net income history
Block, Inc. (XYZ) annual income statement — 13-year revenue, gross profit & net income history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Sales/Revenue | 6.62B | 6.06B | 6.25B | 6.11B | 6.05B | 5.77B | 6.03B | 5.98B | 6.16B | 5.96B | 5.77B | 5.62B | 5.53B | 4.99B | 4.65B | 4.52B | 4.4B | 3.96B | 4.08B | 3.84B |
| Revenue Growth % | 9.3% | 4.94% | 3.65% | 2.33% | -1.64% | -3.11% | 4.5% | 6.38% | 11.21% | 19.38% | 24.13% | 24.4% | 25.67% | 25.99% | 14.03% | 17.45% | -5.9% | -21.68% | 29.11% | 26.73% |
| Cost of Goods Sold | 3.45B | 3.15B | 3.38B | 3.45B | 3.52B | 3.48B | 3.72B | 3.73B | 3.92B | 3.86B | 3.79B | 3.78B | 3.71B | 3.31B | 3.07B | 2.99B | 2.97B | 2.67B | 2.93B | 2.71B |
| COGS % of Revenue | 52.16% | 51.97% | 54.06% | 56.47% | 58.1% | 60.33% | 61.68% | 62.35% | 63.72% | 64.84% | 65.66% | 67.22% | 66.95% | 66.38% | 66.08% | 66.12% | 67.53% | 67.3% | 71.81% | 70.53% |
| Gross Profit | 3.17B | 2.91B | 2.87B | 2.66B | 2.54B | 2.29B | 2.31B | 2.25B | 2.23B | 2.09B | 1.98B | 1.84B | 1.83B | 1.68B | 1.58B | 1.53B | 1.43B | 1.29B | 1.15B | 1.13B |
| Gross Margin % | 47.84% | 48.03% | 45.94% | 43.53% | 41.9% | 39.67% | 38.32% | 37.65% | 36.28% | 35.16% | 34.34% | 32.78% | 33.05% | 33.62% | 33.92% | 33.88% | 32.47% | 32.7% | 28.19% | 29.47% |
| Gross Profit Growth % | 24.82% | 27.06% | 24.26% | 18.31% | 13.57% | 9.32% | 16.58% | 22.17% | 22.1% | 24.86% | 25.67% | 20.38% | 27.9% | 29.54% | 37.24% | 34.99% | 25.34% | 34.4% | 46.5% | 45.79% |
| Operating Expenses | 2.72B | 2.58B | 1.88B | 1.89B | 1.76B | 1.79B | 2.05B | 1.93B | 1.93B | 1.84B | 1.82B | 1.67B | 1.68B | 1.55B | 1.51B | 1.43B | 1.45B | 1.52B | 1.13B | 1.04B |
| OpEx % of Revenue | 41.09% | 42.61% | 30.02% | 30.89% | 29.04% | 31.02% | 34.04% | 32.24% | 31.3% | 30.97% | 31.44% | 29.74% | 30.34% | 31.15% | 32.4% | 31.65% | 32.95% | 38.42% | 27.59% | 27.1% |
| Selling, General & Admin | 1.49B | 1.51B | 1.13B | 1.14B | 998.97M | 996.26M | 1.25B | 987.61M | 981.13M | 915.14M | 1.13B | 956.88M | 984.55M | 927.36M | 932.37M | 881.27M | 926.55M | 945.71M | 750.31M | 675.33M |
| SG&A % of Revenue | 22.53% | 24.9% | 18.11% | 18.7% | 16.5% | 17.26% | 20.71% | 16.53% | 15.94% | 15.36% | 19.57% | 17.03% | 17.79% | 18.58% | 20.05% | 19.52% | 21.04% | 23.88% | 18.4% | 17.57% |
| Research & Development | 608.66M | 1.04B | 710.67M | 711.24M | 725.29M | 760.7M | 769.7M | 710.98M | 713.16M | 720.57M | 685.42M | 713.79M | 694.67M | 626.94M | 574.58M | 548.04M | 524.83M | 458.22M | 375.16M | 366.59M |
| R&D % of Revenue | 9.2% | 17.15% | 11.37% | 11.63% | 11.98% | 13.18% | 12.76% | 11.9% | 11.59% | 12.1% | 11.87% | 12.71% | 12.55% | 12.56% | 12.35% | 12.14% | 11.92% | 11.57% | 9.2% | 9.53% |
| Other Operating Expenses | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1000K | 0 | 0 |
| Operating Income | 446.6M | 328.13M | 995.38M | 772.89M | 778.38M | 498.99M | 257.63M | 323.01M | 306.56M | 249.74M | 167.3M | 170.82M | 150.01M | 123.2M | 70.71M | 100.42M | -21.11M | -226.79M | 24.12M | 91.3M |
| Operating Margin % | 6.75% | 5.42% | 15.92% | 12.64% | 12.86% | 8.65% | 4.27% | 5.41% | 4.98% | 4.19% | 2.9% | 3.04% | 2.71% | 2.47% | 1.52% | 2.22% | -0.48% | -5.73% | 0.59% | 2.37% |
| Operating Income Growth % | -42.63% | -34.24% | 286.36% | 139.28% | 153.91% | 99.8% | 54% | 89.09% | 104.36% | 102.71% | 136.61% | 70.11% | 810.46% | 154.32% | 193.17% | 9.98% | -116.89% | -434.81% | -63% | 40.68% |
| EBITDA | 357.2M | 424.11M | 1.09B | 865.01M | 870.78M | 587.94M | 346.51M | 415.71M | 403.46M | 347.38M | 272.62M | 286.34M | 244.56M | 216.38M | 220.47M | 212.22M | 94.9M | -156.73M | 84.33M | 150.34M |
| EBITDA Margin % | 5.4% | 7% | 17.46% | 14.15% | 14.38% | 10.19% | 5.74% | 6.96% | 6.55% | 5.83% | 4.72% | 5.1% | 4.42% | 4.34% | 4.74% | 4.7% | 2.15% | -3.96% | 2.07% | 3.91% |
| EBITDA Growth % | -58.98% | -27.86% | 214.98% | 108.08% | 115.83% | 69.25% | 27.1% | 45.18% | 64.98% | 60.55% | 23.66% | 34.92% | 157.7% | 238.05% | 161.44% | 41.16% | -38.13% | -261.69% | -21.28% | 44.62% |
| D&A (Non-Cash Add-back) | 0 | 95.98M | 96.06M | 92.12M | 92.4M | 88.95M | 88.88M | 92.71M | 96.9M | 97.64M | 105.32M | 115.52M | 94.55M | 93.17M | 149.76M | 111.81M | 116.01M | 70.06M | 60.21M | 59.04M |
| EBIT | 357.2M | -339.38M | 255.73M | 636.18M | 683.07M | 244.29M | 293.9M | 515.07M | 498.37M | 415.47M | 106.01M | -12.4M | -113.53M | 74.71M | -110.77M | -29.99M | -195.01M | -135.64M | -61.39M | 10.98M |
| Net Interest Income | -55.72M | -53.2M | -53.78M | -34.65M | -23.69M | -17.24M | -16.11M | -13.81M | 1.87M | 18.75M | 18.7M | 21.41M | 3.94M | 3.16M | -1.47M | -6.04M | -12.97M | -15.75M | -13M | -13.41M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.87M | 18.75M | 18.7M | 21.41M | 3.94M | 3.16M | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 55.72M | 53.2M | 53.78M | 34.65M | 23.69M | 17.24M | 16.11M | 13.81M | 0 | 0 | 0 | 0 | 0 | 0 | 1.47M | 6.04M | 12.97M | 15.75M | 13M | 13.41M |
| Other Income/Expense | -145.12M | -720.71M | -793.43M | -171.37M | -119M | -271.94M | 20.16M | 1.14M | -57.66M | 256.57M | -61.29M | -183.23M | -263.54M | -48.5M | -182.95M | -136.45M | -186.86M | 17.72M | -98.5M | -93.73M |
| Pretax Income | 301.48M | -392.58M | 201.95M | 601.53M | 659.38M | 227.05M | 277.79M | 324.15M | 248.9M | 506.31M | 106.01M | -12.4M | -113.53M | 74.71M | -112.25M | -36.03M | -207.97M | -209.06M | -74.39M | -2.42M |
| Pretax Margin % | 4.56% | -6.48% | 3.23% | 9.84% | 10.89% | 3.93% | 4.6% | 5.42% | 4.04% | 8.5% | 1.84% | -0.22% | -2.05% | 1.5% | -2.41% | -0.8% | -4.72% | -5.28% | -1.82% | -0.06% |
| Income Tax | 214.41M | -83.98M | 86.4M | 139.93M | 121.05M | 38.33M | -1.65B | 43.01M | 59.03M | 35.49M | -51.79M | 81.14M | -8.15M | -21.12M | 5.38M | -17.29M | 1.3M | -1.7M | 6.6M | 452K |
| Effective Tax Rate % | 71.12% | 21.39% | 42.78% | 23.26% | 18.36% | 16.88% | -592.84% | 13.27% | 23.72% | 7.01% | -48.85% | -654.08% | 7.18% | -28.27% | -4.79% | 47.98% | -0.63% | 0.81% | -8.87% | -18.65% |
| Net Income | 88.52M | -308.68M | 115.76M | 461.54M | 538.46M | 189.87M | 1.95B | 283.75M | 195.27M | 472M | 178.07M | -88.74M | -102.04M | 98.32M | -113.82M | -14.71M | -208.01M | -204.2M | -76.83M | 84K |
| Net Margin % | 1.34% | -5.1% | 1.85% | 7.55% | 8.89% | 3.29% | 32.26% | 4.75% | 3.17% | 7.92% | 3.08% | -1.58% | -1.84% | 1.97% | -2.45% | -0.33% | -4.72% | -5.16% | -1.88% | 0% |
| Net Income Growth % | -83.56% | -262.57% | -94.05% | 62.66% | 175.75% | -59.77% | 992.84% | 419.77% | 291.36% | 380.09% | 256.44% | -503.21% | 50.94% | 148.15% | -48.15% | -17613.1% | -201.96% | -623.48% | -126.14% | -99.77% |
| Net Income (Continuing) | 87.07M | -308.6M | 115.56M | 461.6M | 538.33M | 188.72M | 1.92B | 281.14M | 189.87M | 470.82M | 157.8M | -93.54M | -105.38M | 95.83M | -117.62M | -18.74M | -209.28M | -207.36M | -80.98M | -2.88M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | -35.76M | -34.31M | -34.4M | -34.19M | -34.24M | -34.12M | -32.97M | -11.62M | -9M | -3.6M | -2.42M | 17.85M | 22.65M | 25.99M | 28.48M | 32.27M | 36.31M | 37.57M | 40.73M | 44.89M |
| EPS (Diluted) | 0.15 | -0.52 | 0.19 | 0.74 | 0.87 | 0.30 | 3.04 | 0.45 | 0.31 | 0.74 | 0.28 | -0.15 | -0.17 | 0.16 | -0.19 | -0.02 | -0.36 | -0.38 | -0.15 | 0.00 |
| EPS Growth % | -82.76% | -273.33% | -93.75% | 64.44% | 180.65% | -59.46% | 985.71% | 400% | 282.35% | 362.5% | 247.37% | -504.84% | 52.78% | 142.11% | -26.67% | - | -192.31% | -588.43% | -125.42% | -99.73% |
| EPS (Basic) | 0.15 | -0.52 | 0.18 | 0.76 | 0.88 | 0.31 | 3.15 | 0.46 | 0.32 | 0.77 | 0.29 | -0.15 | -0.17 | 0.16 | -0.19 | -0.02 | -0.36 | -0.38 | -0.17 | 0.00 |
| Diluted Shares Outstanding | 608.85M | 597.59M | 622.84M | 621.66M | 618.93M | 635.34M | 639.3M | 632.76M | 634.22M | 637.36M | 629.13M | 611.28M | 606.69M | 602.23M | 598.88M | 592.67M | 581.35M | 541.43M | 501.78M | 504.12M |
| Basic Shares Outstanding | 597.83M | 597.59M | 612.24M | 610.2M | 612.88M | 619.37M | 637.95M | 616.43M | 617.67M | 616.4M | 615.05M | 611.28M | 606.69M | 602.23M | 598.88M | 592.67M | 577.82M | 537.37M | 458.43M | 460.65M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |