Block, Inc. (XYZ) income statement
NYSE · Technology · Software - Infrastructure · 10,205 employees · CEO Jack Dorsey
- Price
- $76.27 -0.88%
- Market cap
- $45.8B
- Enterprise value
- $41B
- Last report
- Q2 '26 filed 2026-08-05
- Next report
- 2026-11-03 EPS est. $1.03
Block, Inc. (XYZ) reported revenue of $6.62B for Q2 '26 (+9.3% year on year), operating income of $447M (6.7% of revenue) and net income of $88.5M. Over the last four quarters revenue was $25B.
Income statement
| Income statement | Trend | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.62B | $5.77B | $5.96B | $6.16B | $5.98B | $6.03B | $5.77B | $6.05B | $6.11B | $6.25B | $6.06B | $6.62B | |
| Cost of revenue | $3.72B | $3.75B | $3.86B | $3.92B | $3.73B | $3.72B | $3.48B | $3.52B | $3.45B | $3.38B | $3.15B | $3.45B | |
| Gross profit | $1.9B | $2.03B | $2.09B | $2.23B | $2.25B | $2.31B | $2.29B | $2.54B | $2.66B | $2.87B | $2.91B | $3.17B | |
| Research & development | $714M | $685M | $721M | $713M | $711M | $770M | $761M | $725M | $711M | $711M | $1.04B | $609M | |
| Sales & marketing | $479M | $506M | $444M | $508M | $512M | $521M | $504M | $550M | $599M | $620M | $651M | $665M | |
| General & administrative | $481M | $746M | $471M | $474M | $476M | $728M | $492M | $449M | $544M | $513M | $858M | $826M | |
| Other operating expenses | $234M | $219M | $209M | $233M | $228M | $34.6M | $33.7M | $33.9M | $34.1M | $34M | $34.2M | $620M | |
| Operating expenses | $1.91B | $2.16B | $1.84B | $1.93B | $1.93B | $2.05B | $1.79B | $1.76B | $1.89B | $1.88B | $2.58B | $2.72B | |
| Operating income | -$9.91M | -$131M | $250M | $307M | $323M | $258M | $499M | $778M | $773M | $995M | $328M | $447M | |
| Interest income | $21.4M | $18.7M | $18.7M | $1.87M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Interest expense | $0 | $0 | $0 | $0 | $13.8M | $16.1M | $17.2M | $23.7M | $34.7M | $53.8M | $53.2M | $55.7M | |
| Other non-operating income (gains on investments, FX ...) | -$177M | -$176M | -$166M | -$192M | -$192M | -$36.3M | $255M | $95.3M | $137M | $740M | $668M | $89.4M | |
| Total non-operating income | -$2.5M | $237M | $257M | -$57.7M | $1.14M | $20.2M | -$272M | -$119M | -$171M | -$793M | -$721M | -$145M | |
| Income before tax | -$12.4M | $106M | $506M | $249M | $324M | $278M | $227M | $659M | $602M | $202M | -$393M | $301M | |
| Income tax | $81.1M | -$51.8M | $35.5M | $59M | $43M | -$1.65B | $38.3M | $121M | $140M | $86.4M | -$84M | $214M | |
| Net income | -$88.7M | $178M | $472M | $195M | $284M | $1.95B | $190M | $538M | $462M | $116M | -$309M | $88.5M | |
| 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 | |
| Shares (basic, weighted) | 611M | 615M | 616M | 618M | 616M | 638M | 619M | 613M | 610M | 612M | 598M | 598M | |
| Shares (diluted, weighted) | 611M | 629M | 637M | 634M | 633M | 639M | 635M | 619M | 622M | 623M | 598M | 609M | |
| Depreciation & amortization | $116M | $105M | $97.6M | $96.9M | $92.7M | $88.9M | $88.9M | $92.4M | $92.1M | $96.1M | $96M | $95.1M | |
| EBITDA | $283M | $150M | $513M | $595M | $608M | $383M | $333M | $775M | $728M | $352M | -$243M | $452M |
| Income statement | Trend | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.71B | $2.21B | $3.3B | $4.71B | $9.5B | $17.7B | $17.5B | $21.9B | $24.1B | $24.2B | |
| Cost of revenue | $1.13B | $1.37B | $1.99B | $2.82B | $6.76B | $13.2B | $11.5B | $14.4B | $15.2B | $13.8B | |
| Gross profit | $576M | $839M | $1.3B | $1.89B | $2.73B | $4.42B | $5.99B | $7.5B | $8.89B | $10.4B | |
| Research & development | $269M | $322M | $497M | $674M | $886M | $1.38B | $2.14B | $2.72B | $2.91B | $2.91B | |
| Sales & marketing | $174M | $253M | $411M | $625M | $1.11B | $1.62B | $2.06B | $2.02B | $1.98B | $2.27B | |
| General & administrative | $252M | $251M | $339M | $437M | $579M | $983M | $1.69B | $2.21B | $2.15B | $2B | |
| Other operating expenses | $52.1M | $67.9M | $92.4M | $127M | $178M | $275M | $139M | $174M | $155M | $136M | |
| Operating expenses | $746M | $894M | $1.34B | $1.86B | $2.75B | $4.26B | $6.02B | $7.12B | $7.2B | $7.31B | |
| Operating income | -$170M | -$54.2M | -$36.6M | $26.6M | -$18.8M | $161M | -$27.3M | $382M | $1.69B | $3.05B | |
| Interest income | $533K | $0 | $0 | $0 | $0 | $0 | $0 | $47.2M | $0 | $0 | |
| Interest expense | $0 | $10.1M | $18M | $21.5M | $56.9M | $33.1M | $36.2M | $0 | $9.3M | $129M | |
| Other non-operating income (gains on investments, FX ...) | -$51.2M | -$67M | -$18.5M | -$373M | -$292M | -$259M | $502M | $411M | $320M | $1.23B | |
| Total non-operating income | $780K | -$8.46M | $487K | $352M | $235M | -$3.65M | -$538M | -$411M | -$329M | -$1.36B | |
| Income before tax | -$170M | -$62.7M | -$36.1M | $378M | $216M | $157M | -$565M | -$29.1M | $1.36B | $1.69B | |
| Income tax | $1.92M | $149K | $2.33M | $2.77M | $2.86M | -$1.36M | -$12.3M | -$8.02M | -$1.51B | $386M | |
| Net income | -$172M | -$62.8M | -$38.5M | $375M | $213M | $166M | -$541M | $9.77M | $2.9B | $1.31B | |
| EPS (basic) | -$0.50 | -$0.17 | -$0.09 | $0.88 | $0.48 | $0.36 | -$0.93 | $0.02 | $4.70 | $2.13 | |
| EPS (diluted) | -$0.50 | -$0.17 | -$0.09 | $0.81 | $0.44 | $0.33 | -$0.93 | $0.02 | $4.55 | $2.10 | |
| Shares (basic, weighted) | 342M | 369M | 406M | 425M | 443M | 458M | 579M | 609M | 617M | 612M | |
| Shares (diluted, weighted) | 342M | 379M | 406M | 466M | 482M | 502M | 579M | 614M | 636M | 623M | |
| Depreciation & amortization | $37.7M | $37.3M | $61M | $75.6M | $84.2M | $135M | $341M | $409M | $376M | $370M | |
| EBITDA | -$81.5M | $50.1M | $42.8M | $475M | $357M | $555M | -$189M | $379M | $1.74B | $2.19B |
Standardised by Financial Modeling Prep from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.
Revenue, operating income and growth
quarterlyMargins
quarterlyCosts as % of revenue
quarterlyThe other statements
Sources
Statements, segment revenue, metrics, estimates: Financial Modeling Prep. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-06-30, 10-Q 2026-03-31, 10-K 2025-12-31, 10-Q 2025-09-30, 10-Q 2025-06-30, 10-Q 2025-03-31, 10-K 2024-12-31, 10-Q 2024-09-30, 10-Q 2024-06-30
Data as of 2026-11-02