Financials in USD. Standardized financial statements.
A compact view of how Block, Inc. turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $24.19B | $24.12B | $21.92B | $17.53B | $17.66B | $9.50B | $4.71B | $3.30B | $2.21B | $1.71B |
| Revenue Growth? | +0.3% | +10.1% | +25.0% | -0.7% | +86.0% | +101.5% | +42.9% | +49.0% | +29.6% | 0.0% |
| Cost of Revenue? | $13.83B | $15.23B | $14.41B | $11.54B | $13.24B | $6.76B | $2.82B | $1.99B | $1.37B | $1.13B |
| Gross Profit? | $10.36B | $8.89B | $7.50B | $5.99B | $4.42B | $2.73B | $1.89B | $1.30B | $839.31M | $576.04M |
| Gross Margin? | +42.8% | +36.9% | +34.2% | +34.2% | +25.0% | +28.8% | +40.1% | +39.5% | +37.9% | +33.7% |
| Operating Expenses? | $7.31B | $7.20B | $7.12B | $6.02B | $4.26B | $2.75B | $1.86B | $1.34B | $893.51M | $746.49M |
| Operating Income? | $3.05B | $1.69B | $381.82M | -$27.28M | $161.11M | -$18.82M | $26.56M | -$36.61M | -$54.21M | -$170.45M |
| EBITDA? | $3.42B | $2.06B | $790.38M | $313.25M | $554.99M | $357.12M | $475.33M | $42.82M | $50.09M | -$81.47M |
| Income Before Tax | $1.69B | $1.36B | -$29.14M | -$565.32M | $157.46M | $215.97M | $378.21M | -$36.13M | -$62.66M | -$169.67M |
| Income Tax Expense | $385.70M | -$1.51B | -$8.02M | -$12.31M | -$1.36M | $2.86M | $2.77M | $2.33M | $149,000 | $1.92M |
| Net Income? | $1.31B | $2.90B | $9.77M | -$540.75M | $166.28M | $213.10M | $375.45M | -$38.45M | -$62.81M | -$171.59M |
| EPS? | $2.13 | $4.70 | $0.02 | $-0.93 | $0.36 | $0.48 | $0.88 | $-0.09 | $-0.17 | $-0.50 |
| Diluted EPS? | $2.10 | $4.55 | $0.02 | $-0.93 | $0.33 | $0.44 | $0.81 | $-0.09 | $-0.17 | $-0.50 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality