Block Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	1,306	2,897	9.77	-540.75	166.28
Depreciation & Amortization	312.68	307.76	335.73	270.33	112.11
Other Amortization	56.85	68.36	72.83	70.19	22.65
Asset Writedown & Restructuring Costs	-	133.85	132.31	-	-
Loss (Gain) From Sale of Investments	-172.26	-32.25	16.52	-73.46	-35.49
Stock-Based Compensation	1,215	1,273	1,276	1,071	608.04
Other Operating Activities	645.54	-2,350	-503.44	52.73	355.47
Change in Other Net Operating Assets	-841.5	207.29	-685.26	-674.42	-381.22
Operating Cash Flow	2,580	1,707	100.96	175.9	847.83
Operating Cash Flow Growth	51.09%	1591.10%	-42.60%	-79.25%	389.76%
Capital Expenditures	-155.04	-153.95	-151.15	-170.82	-134.32
Cash Acquisitions	-	-	-	539.45	-163.97
Investment in Securities	113.04	199.92	561.49	1,026	-842.59
Other Investing Activities	-	-	-	-	-170
Investing Cash Flow	-2,802	649.95	683.2	1,226	-1,311
Short-Term Debt Issued	-	-	-	-	681.54
Long-Term Debt Issued	3,561	3,331	1,413	1,703	2,032
Total Debt Issued	3,561	3,331	1,413	1,703	2,713
Short-Term Debt Repaid	-	-	-	-480.69	-648.1
Long-Term Debt Repaid	-2,457	-1,330	-1,580	-1,463	-
Total Debt Repaid	-2,457	-1,330	-1,580	-1,944	-648.1
Net Debt Issued (Repaid)	1,103	2,001	-167.05	-241.09	2,065
Issuance of Common Stock	88.94	154.78	130.43	81.77	126.72
Repurchase of Common Stock	-2,331	-1,170	-156.81	-4.74	-323.01
Other Financing Activities	525.28	967.35	-46.71	261.64	783.22
Financing Cash Flow	-613.1	1,953	-240.14	97.58	2,652
Foreign Exchange Rate Adjustments	86.08	-88.54	29.16	-38.36	-7.07
Net Cash Flow	-749.24	4,221	573.18	1,461	2,182
Free Cash Flow	2,425	1,553	-50.19	5.09	713.51
Free Cash Flow Growth	56.09%	-	-	-99.29%	1955.75%
Free Cash Flow Margin	10.02%	6.44%	-0.23%	0.03%	4.04%
Free Cash Flow Per Share	3.89	2.44	-0.08	0.01	1.42
Cash Interest Paid	246.33	205.78	130.01	84.88	40.45
Cash Income Tax Paid	129.39	270.31	81.38	39.05	10.04
Levered Free Cash Flow	-1,034	1,487	338.94	-1,389	639.76
Unlevered Free Cash Flow	-843.13	1,636	429.74	-1,330	673.48
Change in Working Capital	-841.5	207.29	-685.26	-674.42	-381.22

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.