Block Income 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
Revenue	24,194	24,121	21,916	17,532	17,661
Revenue Growth (YoY)	0.30%	10.06%	25.01%	-0.73%	85.95%
Cost of Revenue	13,777	15,164	14,338	11,470	13,219
Gross Profit	10,417	8,957	7,578	6,062	4,442
Selling, General & Admin	4,271	4,133	4,228	3,745	2,600
Depreciation & Amortization Expenses	192.58	223.07	246.87	208.95	38.39
Research & Development	2,908	2,914	2,721	2,136	1,384
Other Operating Expenses	1,337	794.22	660.66	597.25	259.12
Total Operating Expenses	8,708	8,065	7,857	6,687	4,281
Operating Income	1,708	892.33	-278.84	-624.53	161.11
Interest Expense	-129.36	-9.3	47.22	-36.23	-33.12
Other Non-Operating Income (Expense)	110.87	474.13	202.48	95.44	29.47
Total Non-Operating Income (Expense)	-18.5	464.83	249.7	59.22	-3.65
Pretax Income	1,690	1,357	-29.14	-565.32	157.46
Provision for Income Taxes	385.7	-1,509	-8.02	-12.31	-1.36
Net Income	1,306	2,897	9.77	-540.75	166.28
Minority Interest in Earnings	-1.43	-30.55	-30.9	-12.26	-7.46
Net Income to Common	1,306	2,897	9.77	-540.75	166.28
Net Income Growth	-54.93%	29546.44%	-	-	-21.97%
Shares Outstanding (Basic)	612	617	609	579	458
Shares Outstanding (Diluted)	623	636	614	579	502
Shares Change (YoY)	-2.13%	3.64%	6.06%	15.38%	4.07%
EPS (Basic)	2.13	4.70	0.02	-0.93	0.36
EPS (Diluted)	2.10	4.56	0.02	-0.93	0.33
EPS Growth	-53.95%	22700.00%	-	-	-25.00%
Shares Outstanding	602.08	619.68	615.82	600.06	464.94
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 Per Share	3.89	2.44	-0.08	0.01	1.42
Gross Margin	43.06%	37.14%	34.58%	34.58%	25.15%
Operating Margin	7.06%	3.70%	-1.27%	-3.56%	0.91%
Profit Margin	5.39%	11.88%	-0.10%	-3.15%	0.90%
FCF Margin	10.02%	6.44%	-0.23%	0.03%	4.04%
EBITDA	2,078	1,268	129.72	-284.01	295.87
EBITDA Margin	8.59%	5.26%	0.59%	-1.62%	1.68%
EBIT	1,708	892.33	-278.84	-624.53	161.11
EBIT Margin	7.06%	3.70%	-1.27%	-3.56%	0.91%
Effective Tax Rate	22.82%	-111.21%	27.52%	2.18%	-0.87%

Updated Feb 26, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q