Block, Inc.XYZEarnings & Financial Report
Block, Inc. is an American technology company and a financial services provider for consumers and merchants. Founded in 2009 by Jack Dorsey, it is the U.S. market leader in point-of-sale systems. As of 2024, Block serves 57 million users and 4 million sellers, processing $241 billion in payments annually.
XYZ Q1 FY2026 Key Financial Metrics
Revenue
$6.1B
Gross Profit
$2.9B
Operating Profit
$329.3M
Net Profit
$190.0M
Gross Margin
48.0%
Operating Margin
5.4%
Net Margin
3.1%
YoY Growth
-4.7%
EPS
$0.30
Block, Inc. Q1 FY2026 Financial Summary
Block, Inc. reported revenue of $6.1B (down 4.7% YoY) for Q1 FY2026, with a net profit of $190.0M (up 63.8% YoY) (3.1% margin). Cost of goods sold was $3.1B, operating expenses totaled $2.6B.
Key Financial Metrics
| Total Revenue | $6.1B |
|---|---|
| Net Profit | $190.0M |
| Gross Margin | 48.0% |
| Operating Margin | 5.4% |
| Report Period | Q1 FY2026 |
Revenue Breakdown
Block, Inc. Q1 FY2026 revenue of $6.1B breaks down across 3 segments, led by Commerce enablement revenue at $2.9B (48.5% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Commerce enablement revenue | $2.9B | 48.5% |
| Bitcoin ecosystem revenue | $1.8B | 29.7% |
| Financial solutions revenue | $1.3B | 21.8% |
Block, Inc. Annual Revenue by Year
Block, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $24.2B).
Block, Inc. Quarterly Revenue & Net Profit History
Block, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $6.1B | -4.7% | $190.0M | 3.1% |
| Q4 FY2025 | $6.3B | +3.6% | $115.8M | 1.9% |
| Q3 FY2025 | $6.1B | +2.3% | $461.5M | 7.5% |
| Q2 FY2025 | $6.1B | -1.6% | $538.5M | 8.9% |
| Q1 FY2025 | $5.8B | -3.1% | $189.9M | 3.3% |
| Q4 FY2024 | $6.0B | +4.5% | $1.9B | 32.3% |
| Q3 FY2024 | $6.0B | +6.4% | $283.8M | 4.7% |
| Q2 FY2024 | $6.2B | +11.2% | $195.3M | 3.2% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $6.16B | $5.98B | $6.03B | $5.77B | $6.05B | $6.11B | $6.25B | $6.06B |
| YoY Growth | 11.2% | 6.4% | 4.5% | -3.1% | -1.6% | 2.3% | 3.6% | -4.7% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $37.55B | $36.36B | $36.78B | $36.40B | $36.86B | $39.18B | $39.55B | $39.99B |
| Liabilities | $18.25B | $16.45B | $15.54B | $14.96B | $14.74B | $16.71B | $17.38B | $18.31B |
| Equity | $19.30B | $19.92B | $21.27B | $21.47B | $22.16B | $22.51B | $22.20B | $21.68B |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $519.4M | $684.8M | $13.8M | $133.3M | $374.3M | $1.45B | $621.0M | $133000 |