7Baggers

Block Quarterly Income Statements Chart

Quarterly
 | 
Annual
 
 Revenue  
 Gross Profit  
 Operating Profit  
 Net Income  
20200930 20201231 20210331 20210630 20210930 20211231 20220331 20220630 20220930 20221231 20230331 20230630 20230930 20231231 20240331 20240630 20240930 20241231 20250331 20250630 -0.230.681.62.513.424.335.246.16Billion

Block Quarterly Income Statements Table

Quarterly
 | 
Annual
 
Unit: USD2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31 2020-09-30 2020-06-30 2020-03-31 2019-12-31 2019-09-30 2019-06-30 2019-03-31 2018-12-31 2018-09-30 2018-06-30 2018-03-31 2017-12-31 2017-09-30 2017-06-30 2017-03-31 2016-12-31 2016-09-30 2016-06-30 2016-03-31 2015-12-31 
                                         
  revenue:                                       
  transaction-based revenue1,817,398,000 1,550,731,000 1,677,083,000 1,712,421,000 1,712,967,000 1,511,209,000 1,596,274,000 1,658,668,000 1,637,654,000 1,422,705,000 1,474,974,000 1,517,890,000 1,475,707,000 1,232,969,000 1,308,901,000 1,297,040,000 1,227,472,000 959,733,000 929,011,000 925,294,000 682,572,000 758,101,000 832,180,000 816,622,000 775,510,000 656,762,000 667,802,000 655,384,000 625,228,000 523,037,000 524,612,000 510,019,000 482,065,000 403,478,000      
  subscription and services-based revenue2,052,604,000 1,890,973,000 1,896,679,000 1,797,933,000 1,787,893,000 1,682,294,000 1,624,221,000 1,492,900,000 1,461,497,000 1,366,224,000 1,306,849,000 1,191,511,000 1,094,856,000 959,557,000 772,102,000 694,770,000 685,178,000 557,681,000 449,371,000 447,522,000 346,275,000 296,235,000 281,415,000 279,801,000 251,383,000 218,857,000 194,117,000 166,203,000 134,332,000 97,054,000 79,402,000 65,051,000 59,151,000 49,060,000      
  hardware revenue40,423,000 28,690,000 31,069,000 36,839,000 42,960,000 32,501,000 32,464,000 42,341,000 44,922,000 37,451,000 35,653,000 43,388,000 48,051,000 37,326,000 35,910,000 37,255,000 43,726,000 28,788,000 24,363,000 27,294,000 19,322,000 20,675,000 22,267,000 21,766,000 22,260,000 18,212,000 18,166,000 17,558,000 18,362,000 14,417,000 12,021,000 10,089,000 10,289,000 9,016,000 8,869,000 8,171,000 11,085,000 16,182,000  
  bitcoin revenue2,144,032,000 2,301,402,000 2,427,730,000 2,428,608,000 2,611,743,000 2,731,124,000 2,520,083,000 2,423,584,000 2,390,884,000 2,163,751,000 1,833,426,000 1,762,752,000 1,785,885,000 1,730,793,000 1,961,621,000 1,815,662,000 2,724,296,000 3,511,068,000 1,756,225,000 1,633,764,000 875,456,000 306,098,000 177,567,000 148,285,000 125,085,000 65,528,000 52,443,000 42,963,000 37,016,000 34,095,000          
  total net revenue6,054,457,000 5,771,796,000 6,032,561,000 5,975,801,000 6,155,563,000 5,957,128,000 5,773,042,000 5,617,493,000 5,534,957,000 4,990,131,000 4,650,902,000 4,515,541,000 4,404,499,000 3,960,645,000 4,078,534,000 3,844,727,000 4,680,672,000 5,057,270,000 3,158,970,000 3,033,874,000 1,923,625,000 1,381,109,000 1,313,429,000 1,266,474,000 1,174,238,000 959,359,000 932,528,000 882,108,000 814,938,000 668,603,000 616,035,000 585,159,000 551,505,000 461,554,000 451,917,000 439,002,000 438,533,000 379,269,000  
  yoy-1.64% -3.11% 4.50% 6.38% 11.21% 19.38% 24.13% 24.40% 25.67% 25.99% 14.03% 17.45% -5.90% -21.68% 29.11% 26.73% 143.33% 266.17% 140.51% 139.55% 63.82% 43.96% 40.85% 43.57% 44.09% 43.49% 51.38% 50.75% 47.77% 44.86% 36.32% 33.29% 25.76% 21.70%      
  qoq4.90% -4.32% 0.95% -2.92% 3.33% 3.19% 2.77% 1.49% 10.92% 7.29% 3.00% 2.52% 11.21% -2.89% 6.08% -17.86% -7.45% 60.09% 4.12% 57.72% 39.28% 5.15% 3.71% 7.85% 22.40% 2.88% 5.72% 8.24% 21.89% 8.53% 5.28% 6.10% 19.49% 2.13% 2.94% 0.11% 15.63%   
  cost of revenue:                                       
  transaction-based costs1,066,028,000 903,822,000 996,317,000 1,011,476,000 1,000,055,000 873,165,000 946,048,000 984,658,000 950,523,000 820,787,000 870,040,000 901,990,000 875,762,000 718,700,000 763,548,000 754,276,000 684,839,000 524,280,000 535,283,000 522,680,000 388,106,000 465,779,000 519,241,000 519,312,000 490,349,000 409,069,000 420,846,000 414,456,000 395,349,000 327,911,000 333,377,000 328,043,000 311,092,000 257,778,000      
  subscription and services-based costs298,069,000 275,048,000 303,058,000 271,286,000 291,801,000 269,668,000 272,552,000 259,262,000 279,223,000 264,092,000 239,714,000 225,903,000 213,271,000 195,862,000 149,617,000 132,046,000 123,725,000 88,572,000 65,046,000 66,786,000 50,169,000 40,711,000 50,276,000 63,352,000 60,119,000 60,523,000 52,654,000 47,078,000 39,784,000 30,368,000 24,559,000 18,169,000 17,116,000 15,876,000      
  hardware costs76,548,000 52,534,000 55,256,000 62,091,000 68,309,000 50,785,000 56,442,000 78,338,000 74,085,000 58,785,000 63,835,000 76,002,000 83,494,000 63,664,000 68,150,000 51,150,000 61,403,000 40,482,000 35,994,000 45,220,000 28,315,000 34,372,000 40,504,000 35,672,000 33,268,000 26,941,000 25,647,000 23,229,000 25,536,000 19,702,000 16,783,000 18,775,000 14,173,000 12,662,000 12,118,000 15,689,000 14,015,000 26,740,000  
  bitcoin costs2,062,878,000 2,236,115,000 2,350,970,000 2,364,077,000 2,544,329,000 2,651,010,000 2,454,199,000 2,378,906,000 2,346,633,000 2,113,375,000 1,798,798,000 1,726,051,000 1,744,425,000 1,687,459,000 1,915,176,000 1,774,040,000 2,669,641,000 3,436,135,000 1,715,452,000 1,601,615,000 858,041,000 299,426,000 174,438,000 146,167,000 122,938,000 64,696,000 51,951,000 42,408,000 36,596,000 33,872,000          
  amortization of acquired technology assets14,404,000 14,674,000 15,562,000 17,186,000 17,589,000 18,027,000 18,049,000 17,880,000 18,392,000 18,508,000 18,320,000 18,506,000 17,899,000                           
  total cost of revenue3,517,927,000 3,482,193,000 3,721,163,000 3,726,116,000 3,922,083,000 3,862,655,000 3,747,290,000 3,719,044,000 3,668,856,000 3,275,547,000 2,990,707,000 2,948,452,000 2,934,851,000 2,665,685,000 2,896,491,000 2,711,512,000 3,539,608,000 4,093,769,000 2,355,280,000 2,239,419,000 1,326,862,000 842,608,000 786,380,000 766,437,000 708,393,000 562,605,000 552,474,000 529,448,000 499,122,000 413,433,000 376,205,000 366,543,000 344,076,000 288,123,000 285,392,000 288,688,000 289,574,000 269,029,000  
  gross profit2,536,530,000 2,289,603,000 2,311,398,000 2,249,685,000 2,233,480,000 2,094,473,000 2,025,752,000 1,898,449,000 1,866,101,000 1,714,584,000 1,660,195,000 1,567,089,000 1,469,648,000 1,294,960,000 1,182,043,000 1,133,215,000 1,141,064,000 963,501,000 803,690,000 794,455,000 596,763,000 538,501,000 527,049,000 500,037,000 465,845,000 396,754,000 380,054,000 352,660,000 315,816,000 255,170,000 239,830,000 218,616,000 207,429,000 173,431,000 166,525,000 150,314,000 148,959,000 110,240,000  
  yoy13.57% 9.32% 14.10% 18.50% 19.69% 22.16% 22.02% 21.14% 26.98% 32.40% 40.45% 38.29% 28.80% 34.40% 47.08% 42.64% 91.21% 78.92% 52.49% 58.88% 28.10% 35.73% 38.68% 41.79% 47.51% 55.49% 58.47% 61.31% 52.25% 47.13% 44.02% 45.44% 39.25% 57.32%      
  qoq10.78% -0.94% 2.74% 0.73% 6.64% 3.39% 6.71% 1.73% 8.84% 3.28% 5.94% 6.63% 13.49% 9.55% 4.31% -0.69% 18.43% 19.88% 1.16% 33.13% 10.82% 2.17% 5.40% 7.34% 17.41% 4.39% 7.77% 11.67% 23.77% 6.40% 9.70% 5.39% 19.60% 4.15% 10.78% 0.91% 35.12%   
  gross margin %41.90% 39.67% 38.32% 37.65% 36.28% 35.16% 35.09% 33.80% 33.71% 34.36% 35.70% 34.70% 33.37% 32.70% 28.98% 29.47% 24.38% 19.05% 25.44% 26.19% 31.02% 38.99% 40.13% 39.48% 39.67% 41.36% 40.76% 39.98% 38.75% 38.16% 38.93% 37.36% 37.61% 37.58% 36.85% 34.24% 33.97% 29.07%  
  operating expenses:                                       
  product development725,288,000 760,699,000 769,695,000 710,983,000 713,163,000 720,574,000 685,422,000 713,788,000 694,672,000 626,937,000 604,524,000 548,037,000 524,827,000 484,761,000 395,841,000 366,587,000 326,510,000 308,678,000 253,448,000 226,567,000 206,825,000 194,986,000 173,284,000 168,771,000 174,201,000 153,559,000 141,811,000 135,773,000 114,800,000 105,095,000 92,633,000 82,547,000 78,126,000 68,582,000 64,889,000 70,418,000 68,638,000 64,592,000  
  sales and marketing549,731,000 504,460,000 521,063,000 511,755,000 507,562,000 443,885,000 506,010,000 479,381,000 537,607,000 496,011,000 539,724,000 485,838,000 530,827,000 501,562,000 484,778,000 407,850,000 375,101,000 349,460,000 328,576,000 348,463,000 238,096,000 194,535,000 185,231,000 149,467,000 156,421,000 133,713,000 119,305,000 116,337,000 98,243,000 77,266,000 76,821,000 66,533,000 59,916,000 49,900,000 49,406,000 46,754,000 39,220,000 38,496,000  
  general and administrative449,237,000 491,797,000 728,416,000 475,855,000 473,568,000 471,260,000 746,187,000 480,885,000 549,293,000 432,825,000 451,543,000 395,437,000 395,720,000 444,276,000 298,921,000 267,476,000 221,020,000 195,909,000 159,420,000 153,902,000 136,386,000 129,495,000 118,164,000 115,980,000 100,508,000 101,598,000 95,445,000 85,527,000 82,772,000 75,501,000 66,318,000 64,312,000 62,988,000 56,935,000 53,027,000 52,075,000 50,784,000 96,107,000  
  transaction, loan, and consumer receivable losses294,090,000 169,689,000 244,618,000 192,062,000 191,812,000 165,729,000 175,658,000 177,338,000 179,771,000 127,896,000 155,250,000 147,586,000 156,697,000 91,150,000                          
  amortization of customer and other acquired intangible assets33,891,000 33,656,000 34,593,000 36,021,000 40,813,000 43,282,000 43,127,000 56,965,000 36,865,000 37,087,000 35,344,000 37,361,000 39,389,000                           
  total operating expenses2,052,237,000 1,960,301,000 2,298,385,000 1,926,676,000 1,926,918,000 1,844,730,000 2,156,404,000 1,908,357,000 1,998,208,000 1,720,756,000 1,795,376,000 1,615,878,000 1,683,421,000 1,521,749,000 1,236,657,000 1,110,219,000 1,016,070,000 895,765,000 758,507,000 745,113,000 619,815,000 628,789,000 509,701,000 467,943,000 466,688,000 418,796,000 383,162,000 362,527,000 318,463,000 276,162,000 252,839,000 233,507,000 219,653,000 187,513,000 180,503,000 182,296,000 176,319,000 207,373,000  
  operating income484,293,000 329,302,000 13,013,000 323,009,000 306,562,000 249,743,000 -130,652,000 -9,908,000 -132,107,000 -6,172,000 -135,181,000 -48,789,000 -213,773,000 -226,789,000 -54,614,000 22,996,000 124,994,000 67,736,000 45,183,000 49,342,000 -23,052,000 -90,288,000 17,348,000 32,094,000 -843,000 -22,042,000 -3,108,000 -9,867,000 -2,647,000 -20,992,000 -13,009,000 -14,891,000 -12,224,000 -14,082,000 -13,978,000 -31,982,000 -27,360,000 -97,133,000  
  yoy57.98% 31.86% -109.96% -3360.08% -332.06% -4146.39% -3.35% -79.69% -38.20% -97.28% 147.52% -312.16% -271.03% -434.81% -220.87% -53.39% -642.23% -175.02% 160.45% 53.74% 2634.52% 309.62% -658.17% -425.27% -68.15% 5.00% -76.11% -33.74% -78.35% 49.07% -6.93% -53.44% -55.32% -85.50%      
  qoq47.07% 2430.56% -95.97% 5.36% 22.75% -291.15% 1218.65% -92.50% 2040.42% -95.43% 177.07% -77.18% -5.74% 315.26% -337.49% -81.60% 84.53% 49.91% -8.43% -314.05% -74.47% -620.45% -45.95% -3907.12% -96.18% 609.20% -68.50% 272.76% -87.39% 61.37% -12.64% 21.82% -13.19% 0.74% -56.29% 16.89% -71.83%   
  operating margin %8.00% 5.71% 0.22% 5.41% 4.98% 4.19% -2.26% -0.18% -2.39% -0.12% -2.91% -1.08% -4.85% -5.73% -1.34% 0.60% 2.67% 1.34% 1.43% 1.63% -1.20% -6.54% 1.32% 2.53% -0.07% -2.30% -0.33% -1.12% -0.32% -3.14% -2.11% -2.54% -2.22% -3.05% -3.09% -7.29% -6.24% -25.61%  
  interest income23,687,000 17,243,000 16,107,000 13,811,000 -1,871,000 -18,745,000 -18,701,000 -21,415,000 -3,944,000 -3,161,000                              
  remeasurement gain on bitcoin investment-212,165,000 93,351,000                                      
  other income13,389,000 -8,342,000 140,030,000 -14,949,000 59,532,000 -237,824,000 -217,963,000 -4,262,000 1,379,000 18,371,000 -24,407,000 -18,798,000 -18,766,000 -33,472,000 6,775,000 12,011,000  27,528,000 -271,212,000 -784,000 -25,591,000 5,862,000 -6,715,000 -5,541,000 1,230,000 11,299,000 19,439,000 -37,800,000            
  income before income tax659,382,000 227,050,000 277,794,000 324,147,000 248,901,000 506,312,000 106,012,000 15,769,000 -129,542,000 -21,382,000 -112,246,000 -36,033,000 -207,973,000 -209,065,000 -74,387,000 -2,424,000 194,318,000 39,955,000 298,407,000 35,146,000 -12,230,000 -105,356,000 391,448,000 32,003,000 -7,216,000 -38,022,000 -27,723,000 20,709,000 -5,302,000 -23,811,000 -15,848,000 -16,745,000 -15,490,000 -14,581,000 -14,131,000 -32,093,000 -27,033,000 -96,416,000  
  benefit from income taxes121,048,000 38,328,000 -1,646,875,000 43,011,000              947,000    535,000 508,000 2,606,000  129,000   604,000 175,000   472,000 509,000 1,036,000 230,000 312,000 339,000  
  net income538,334,000 188,722,000 1,924,669,000 281,136,000 189,872,000 470,820,000 157,804,000 -33,760,000 -125,842,000 -19,326,000 -117,621,000 -18,744,000 -209,277,000 -207,363,000 -80,984,000 -2,876,000 203,678,000 39,008,000 293,959,000 36,515,000 -11,478,000 -105,891,000 390,940,000 29,397,000 -6,740,000 -38,151,000 -28,204,000 19,643,000 -5,906,000 -23,986,000 -15,663,000 -16,098,000 -15,962,000 -15,090,000 -15,167,000 -32,323,000 -27,345,000 -96,755,000  
  yoy183.52% -59.92% 1119.66% -932.75% -250.88% -2536.20% -234.16% 80.11% -39.87% -90.68% 45.24% 551.74% -202.75% -631.59% -127.55% -107.88% -1874.51% -136.84% -24.81% 24.21% 70.30% 177.56% -1486.12% 49.66% 14.12% 59.06% 80.07% -222.02% -63.00% 58.95% 3.27% -50.20% -41.63% -84.40%      
  qoq185.25% -90.19% 584.60% 48.07% -59.67% 198.36% -567.43% -73.17% 551.15% -83.57% 527.51% -91.04% 0.92% 156.05% 2715.86% -101.41% 422.14% -86.73% 705.04% -418.13% -89.16% -127.09% 1229.86% -536.16% -82.33% 35.27% -243.58% -432.59% -75.38% 53.14% -2.70% 0.85% 5.78% -0.51% -53.08% 18.20% -71.74%   
  net income margin %8.89% 3.27% 31.90% 4.70% 3.08% 7.90% 2.73% -0.60% -2.27% -0.39% -2.53% -0.42% -4.75% -5.24% -1.99% -0.07% 4.35% 0.77% 9.31% 1.20% -0.60% -7.67% 29.76% 2.32% -0.57% -3.98% -3.02% 2.23% -0.72% -3.59% -2.54% -2.75% -2.89% -3.27% -3.36% -7.36% -6.24% -25.51%  
  less: net income attributable to noncontrolling interests-124,000 -1,150,000 -21,351,000 -2,618,000 -5,396,000 -1,185,000 -20,266,000 -4,806,000 -3,336,000 -2,488,000 -3,798,000 -4,033,000 -1,263,000 -3,164,000                          
  net income attributable to common stockholders538,458,000 189,872,000 1,946,020,000 283,754,000 195,268,000 472,005,000 178,070,000 -28,954,000 -122,506,000 -16,838,000 -113,823,000 -14,711,000 -208,014,000 -204,199,000 -76,829,000 84,000 204,021,000                       
  net income per share                                       
  basic0.88 0.31 3.16 0.46 0.32 0.77 0.3 -0.05 -0.2 -0.03 -0.18 -0.02 -0.36 -0.38 -0.17 0.45 0.09 0.66 0.08 -0.03 -0.24 0.92 0.07 -0.02 -0.09 -0.06 0.05 -0.01 -0.06 -0.04 -0.04 -0.04 -0.04 -0.04 -0.09 -0.08 -0.29  
  diluted0.87 0.3 3.06 0.45 0.31 0.74 0.3 -0.05 -0.2 -0.03 -0.18 -0.02 -0.36 -0.38 -0.15 0.4 0.08 0.62 0.07 -0.03 -0.24 0.85 0.06 -0.02 -0.09 -0.06 0.04 -0.01 -0.06 -0.04 -0.04 -0.04 -0.04 -0.04 -0.09 -0.08 -0.29  
  weighted-average shares used for eps calculation                                       
  basic612,882 619,370 616,993 616,428 617,666 616,401 608,856 611,276 606,692 602,234 578,949 592,672 581,350 541,435 458,432 460,654 455,431 454,973 443,126 444,458 440,117 434,940 424,999 427,124 423,305 419,289 405,731 409,690 403,301 395,948 379,344 383,951 376,357 366,737 341,555 343,893 334,488 331,324  
  diluted618,928 635,342 636,390 632,760 634,221 637,360 614,024 611,276 606,692 602,234 578,949 592,672 581,350 541,435 501,779 504,120 522,578 501,353 482,167 488,069 440,117 434,940 466,076 466,099 423,305 419,289 405,731 474,915 403,301 395,948 379,344 383,951 376,357 366,737 341,555 343,893 334,488 331,324  
  benefit for income taxes    59,029,000 35,492,000 -51,792,000 49,529,000 -3,700,000 -2,056,000 5,375,000 -17,289,000 1,304,000 -1,702,000 6,597,000 452,000 -9,360,000  -396,500 -1,369,000     -476,000  461,250 1,066,000   83,500 -647,000        
  bitcoin impairment losses          8,991,000 1,619,000 35,961,000   6,000,000 45,266,000 19,860,000                      
  interest expense          1,472,000 6,042,000 12,966,000 15,748,000 12,998,000 13,409,000 6,464,000 253,000 17,988,000 14,980,000 14,769,000 9,206,000 6,060,000 5,632,000 5,143,000 4,681,000 5,176,000 7,224,000            
  transaction and loan losses              57,117,000 62,306,000 48,173,000 20,395,000 15,986,000 15,198,000 37,603,000 108,883,000                  
  net income attributable to noncontrolling interests              -825,750 -2,960,000 -343,000                       
  other (income)                -75,788,000                       
  amortization of acquired technology                 4,300,000 3,505,000 3,118,000 2,231,000 2,320,000 1,921,000 1,934,000 1,719,000 1,376,000 1,376,000 2,277,000 1,857,000 1,580,000 1,486,000 1,556,000 1,695,000 1,807,000 1,886,000 1,886,000 1,886,000 2,370,000  
  amortization of acquired customer assets                 1,463,000 1,077,000 983,000 905,000 890,000 890,000 1,003,000 1,294,000 2,085,000 2,127,000 1,294,000 672,000 269,000 234,000 222,000 222,000 205,000 147,000 164,000 222,000 317,000  
  income tax benefit                    -752,000                   
  transaction, loan and advance losses                      23,706,750 32,722,000 34,264,000 27,841,000 24,474,000 23,596,000 21,976,000 18,031,000 16,833,000 19,893,000 18,401,000 11,891,000 13,034,000 12,885,000 17,455,000   
  interest and other income                            2,655,000 2,819,000 2,839,000 1,854,000 3,266,000 499,000      
  starbucks transaction-based revenue                                       
  starbucks transaction-based costs                                       
  transaction revenue                                  263,416,000 388,347,000 364,864,000 300,453,000  
  starbucks transaction revenue                                  19,717,250 7,164,000 32,867,000 38,838,000  
  software and data product revenue                                  22,208,250 35,320,000 29,717,000 23,796,000  
  transaction costs                                  170,798,500 254,061,000 234,857,000 194,276,000  
  starbucks transaction costs                                  17,452,500 4,528,000 28,672,000 36,610,000  
  software and data product costs                                  7,925,250 12,524,000 10,144,000 9,033,000  
  interest (income) and expense                                  -60,750 -183,000 -129,000 69,000  
  other (income) and expense                                  -172,500 294,000 -198,000 -786,000  
  transaction and advance losses                                     7,861,000  

We provide you with 20 years income statements for Block stock, allowing you to gain comprehensive visibility into the fundamentals of the company. Our detailed breakdowns include key financial metrics such as earnings, sales and marketing expenses, research and development costs, profits, and profit margins. This in-depth information is essential for making informed investment decisions and understanding the financial health and performance of Block stock. Explore the full financial landscape of Block stock with our expertly curated income statements.

The information provided in this report about Block stock is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.