Block (XYZ)
Connects Square sellers and Cash App consumers through payments, software, lending, and Afterpay.
$77.23
After-hours close−0.29 (−0.37%)
At close$77.52(−0.50%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 5,617 | 5,773 | 5,957 | 6,156 | 5,976 | 6,033 | 5,772 | 6,054 | 6,115 | 6,252 | 6,057 | 6,618 |
| Cost of revenue | 3,719 | 3,747 | 3,863 | 3,922 | 3,726 | 3,721 | 3,482 | 3,518 | 3,453 | 3,380 | 3,148 | 3,452 |
| Gross profit | 1,898 | 2,026 | 2,094 | 2,233 | 2,250 | 2,311 | 2,290 | 2,537 | 2,662 | 2,872 | 2,909 | 3,166 |
| 1,908 | 2,156 | 1,845 | 1,927 | 1,927 | 2,054 | 1,791 | 1,758 | 1,889 | 1,877 | 2,581 | 2,719 | |
| Research & development | 714 | 685 | 721 | 713 | 711 | 770 | 761 | 725 | 711 | 711 | 1,039 | 609 |
| 960 | 1,252 | 915 | 981 | 988 | 1,249 | 996 | 999 | 1,143 | 1,132 | 1,508 | 1,491 | |
| Selling & marketing | 479 | 506 | 444 | 508 | 512 | 521 | 504 | 550 | 599 | 620 | 651 | 665 |
| General & administrative | 481 | 746 | 471 | 474 | 476 | 728 | 492 | 449 | 544 | 513 | 858 | 826 |
| Other expenses | 234 | 219 | 209 | 233 | 228 | 35 | 34 | 34 | 34 | 34 | 34 | 620 |
| Operating income | −10 | −131 | 250 | 307 | 323 | 258 | 499 | 778 | 773 | 995 | 328 | 447 |
| −2 | 237 | 257 | −58 | 1 | 20 | −272 | −119 | −171 | −793 | −721 | −145 | |
| Interest income | 21 | 19 | 19 | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest expense | 0 | 0 | 0 | 0 | 14 | 16 | 17 | 24 | 35 | 54 | 53 | 56 |
| Other non-operating income | −177 | −176 | −166 | −192 | −192 | −36 | 255 | 95 | 137 | 740 | 668 | 89 |
| Income before tax | −12 | 106 | 506 | 249 | 324 | 278 | 227 | 659 | 602 | 202 | −393 | 301 |
| Income tax expense | 81 | −52 | 35 | 59 | 43 | −1,647 | 38 | 121 | 140 | 86 | −84 | 214 |
| Net income from continuing operations | −94 | 158 | 471 | 190 | 281 | 1,925 | 189 | 538 | 462 | 116 | −309 | 87 |
| Net income | −89 | 178 | 472 | 195 | 284 | 1,946 | 190 | 538 | 462 | 116 | −309 | 89 |
| EPS, basic | −$0.15 | $0.29 | $0.77 | $0.32 | $0.46 | $3.15 | $0.31 | $0.88 | $0.76 | $0.18 | −$0.52 | $0.15 |
| EPS, diluted | −$0.15 | $0.28 | $0.74 | $0.31 | $0.45 | $3.04 | $0.30 | $0.87 | $0.74 | $0.19 | −$0.52 | $0.15 |
| Weighted average shares, basic | 611 | 615 | 616 | 618 | 616 | 638 | 619 | 613 | 610 | 612 | 598 | 598 |
| Weighted average shares, diluted | 611 | 629 | 637 | 634 | 633 | 639 | 635 | 619 | 622 | 623 | 598 | 609 |
| EBITDA | 283 | 150 | 513 | 595 | 608 | 383 | 333 | 775 | 728 | 352 | −243 | 357 |
| Depreciation & amortization | 116 | 105 | 98 | 97 | 93 | 89 | 89 | 92 | 92 | 96 | 96 | 0 |
| EBIT | 167 | 45 | 415 | 498 | 515 | 294 | 244 | 683 | 636 | 256 | −339 | 357 |
