XYZ
Block, Inc
NYSE: XYZ · TECHNOLOGY · SOFTWARE - INFRASTRUCTURE
$69.46
-0.12% today
Updated 2026-04-29
Market cap
$41.37B
P/E ratio
33.08
P/S ratio
1.71x
EPS (TTM)
$2.10
Dividend yield
—
52W range
$44 – $83
Volume
7.9M
Block, Inc (XYZ) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $203.45M | $552.43M | $850.19M | $1.27B | $1.71B | $2.21B | $3.30B | $4.71B | $9.50B | $17.66B | $17.53B | $21.92B | $24.12B | $24.19B |
| Revenue growth (YoY) | — | +171.5% | +53.9% | +49.0% | +34.9% | +29.6% | +49.0% | +42.9% | +101.5% | +86.0% | -0.7% | +25.0% | +10.1% | +0.3% |
| Cost of revenue | $138.90M | $423.65M | $631.87M | $910.14M | $1.16B | $1.41B | $2.05B | $2.89B | $6.84B | $13.35B | $11.54B | $14.58B | $15.23B | $13.83B |
| Gross profit | $64.55M | $128.78M | $218.32M | $356.97M | $548.50M | $808.76M | $1.25B | $1.82B | $2.66B | $4.31B | $5.99B | $7.33B | $8.89B | $10.36B |
| Gross margin | 31.7% | 23.3% | 25.7% | 28.2% | 32.1% | 36.5% | 37.9% | 38.7% | 28.0% | 24.4% | 34.2% | 33.5% | 36.9% | 42.8% |
| R&D | $46.57M | $82.86M | $137.94M | $188.34M | $255.35M | $304.93M | $464.17M | $623.82M | $831.72M | $1.32B | $2.14B | $2.72B | $2.91B | $2.91B |
| SG&A | $36.18M | $68.94M | $94.22M | $143.47M | $251.99M | $250.55M | $339.25M | $436.25M | $579.20M | $983.33M | $1.69B | $2.21B | $2.15B | $2.00B |
| Operating income | $-74.85M | $-86.98M | $-125.91M | $-119.85M | $-119.22M | $12.81M | $56.16M | $153.52M | $168.91M | $458.34M | $-624.53M | $632.83M | $892.33M | $1.71B |
| Operating margin | -36.8% | -15.7% | -14.8% | -9.5% | -7.0% | 0.6% | 1.7% | 3.3% | 1.8% | 2.6% | -3.6% | 2.9% | 3.7% | 7.1% |
| EBITDA | $-81.61M | $-95.71M | $-133.01M | $-147.28M | $-131.93M | $-15.33M | $42.82M | $505.02M | $427.38M | $408.48M | $313.25M | $379.42M | $2.06B | $1.82B |
| EBITDA margin | -40.1% | -17.3% | -15.6% | -11.6% | -7.7% | -0.7% | 1.3% | 10.7% | 4.5% | 2.3% | 1.8% | 1.7% | 8.6% | 7.5% |
| EBIT | $-85.19M | $-103.98M | $-151.59M | $-174.91M | $-169.67M | $-52.61M | $-18.14M | $399.73M | $272.91M | $190.59M | $-27.28M | $-29.14M | $1.69B | — |
| Interest expense | $5000.00 | $0.00 | $2.16M | $1.16M | $780000.00 | $8.46M | $17.98M | $21.52M | $56.94M | $33.12M | $36.23M | $47.22M | $9.30M | $129.36M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $-85.20M | $-104.49M | $-154.09M | $-179.82M | $-171.59M | $-62.81M | $-38.45M | $375.45M | $213.10M | $166.28M | $-540.75M | $9.77M | $2.90B | $1.30B |
| Net income growth (YoY) | — | -22.6% | -47.5% | -16.7% | +4.6% | +63.4% | +38.8% | +1076.4% | -43.2% | -22.0% | -425.2% | +101.8% | +29546.4% | -55.0% |
| Profit margin | -41.9% | -18.9% | -18.1% | -14.2% | -10.0% | -2.8% | -1.2% | 8.0% | 2.2% | 0.9% | -3.1% | 0.0% | 12.0% | 5.4% |