Company research / XYZ

Block, Inc. (XYZ)

Includes Square, Cash App, Afterpay

Formerly traded as SQ.

Also trades as BSQKZ. Every security a company lists rests on one set of financial statements, so these figures cover the whole company.

CIK 0001512673 · NYSE · Services-Prepackaged Software

  • Sector Services
  • Incorporated DE
  • Fiscal year ends Dec 31

For the year ended 2025-12-31, Block, Inc. reported revenue of $24.19B. Revenue grew 0.3% from the prior annual period. Over the twelve months to 2026-06-30, revenue was $25.04B.

Key ratios (year ended 2025-12-31)

42.8%
Gross margin
7.1%
Operating margin
5.4%
Net margin
5.9%
Return on year-end equity
0.3%
Revenue growth (YoY)

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Latest selected filing: Form 4 (ownership change) · 2026-10-19

Headquarters locality: San Francisco · View on map

Annual financials

Annual flows and balances are grouped by their actual period end. Select a figure to open its SEC filing. n/a means a matching observation is unavailable. Free cash flow is operating cash flow minus capital expenditures, and EBITDA is operating income plus depreciation and amortization, for the same period, computed by TickerFacts.

The first column covers the twelve months to 2026-06-30 from the latest quarterly report: flows are the last fiscal year plus this year to date minus the same months a year earlier, and balances are as of that date. Per-share figures are annual only.

Period endedTTM to
2026-06-30
2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-31
Revenue$25.04B$24.19B$24.12B$21.92B$17.53B$17.66B$9.50B$4.71B$3.30B$2.21B$1.71B
Cost of Revenue$13.43B$13.83B$15.23B$14.41B$11.54B$13.24B$6.76B$2.82B$1.99B$1.37B$1.13B
Gross Profit$11.61B$10.36B$8.89B$7.50B$5.99B$4.42B$2.73B$1.89B$1.30B$839.31M$576.04M
R&D Expense$3.07B$2.91B$2.91B$2.72B$2.14B$1.38B$881.83M$674.16M$497.48M$321.89M$268.54M
Operating Income$1.17B$1.71B$892.33M-$278.84M-$624.53M$161.11M-$18.82M$26.56M-$36.61M-$54.21M-$170.45M
Depreciation & Amortization$379.21M$369.53M$376.13M$408.56M$340.52M$134.76M$84.21M$75.60M$60.96M$37.28M$37.74M
EBITDA$1.55B$2.08B$1.27B$129.72M-$284.01M$295.87M$65.40M$102.16M$24.35M-$16.93M-$132.71M
Net Income$357.14M$1.31B$2.90B$9.77M-$540.75M$166.28M$213.10M$375.45M-$38.45M-$62.81M-$171.59M
EPS (Diluted)n/a$2.10$4.56$0.02-$0.93$0.33$0.44$0.81-$0.09-$0.17-$0.50
Total Assets$39.16B$39.55B$36.78B$33.03B$31.36B$15.03B$9.87B$4.55B$3.28B$2.19B$1.21B
Total Liabilities$17.15B$17.38B$15.54B$14.34B$14.11B$11.71B$7.19B$2.84B$2.16B$1.40B$635.21M
Shareholders' Equity$22.05B$22.20B$21.27B$18.70B$17.22B$3.27B$2.68B$1.72B$1.12B$786.33M$576.15M
Cash & Equivalents$6.43B$6.56B$8.08B$5.00B$4.54B$4.44B$3.16B$1.05B$583.17M$696.47M$452.03M
Operating Cash Flow$4.06B$2.58B$1.71B$100.96M$175.90M$847.83M$173.11M$327.63M$295.08M$127.71M$23.13M
Capital Expenditures$175.63M$155.04M$153.95M$151.15M$170.81M$134.32M$138.40M$62.50M$61.20M$26.10M$25.43M
Free Cash Flow$3.88B$2.42B$1.55B-$50.19M$5.09M$713.51M$34.71M$265.13M$233.88M$101.61M-$2.30M
Share Repurchases$1.89B$2.33B$1.17B$156.81M$0$0n/an/an/an/an/a
Weighted Average Diluted Sharesn/a622.84M636.39M614.02M578.95M501.78M482.17M466.08M405.73M379.34M341.56M
EPS (Basic)n/a$2.13$4.70$0.02-$0.93$0.36$0.48$0.88-$0.09-$0.17-$0.50

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