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	4,221	3,988	4,162	3,729	2,600
Research & Development	2,908	2,914	2,721	2,136	1,384
Amortization of Goodwill & Intangibles	192.58	223.07	246.87	208.95	38.39
Other Operating Expenses	1,337	794.22	660.66	597.25	259.12
Operating Expenses	8,659	7,920	7,791	6,670	4,281
Operating Income	1,758	1,038	-212.94	-608.33	161.11
Interest Expense	-305.86	-237.5	-145.28	-94.09	-53.96
Interest & Investment Income	127.1	156.2	126.6	41.66	20.84
Other Non Operating Income (Expenses)	-61.39	441.88	219	21.99	-6.02
EBT Excluding Unusual Items	1,518	1,398	-12.62	-638.77	121.97
Impairment of Goodwill	-	-73.51	-	-	-
Gain (Loss) on Sale of Investments	172.26	32.25	-16.52	73.46	35.49
Pretax Income	1,690	1,357	-29.14	-565.32	157.46
Income Tax Expense	385.7	-1,509	-8.02	-12.31	-1.36
Earnings From Continuing Operations	1,304	2,866	-21.12	-553.01	158.83
Minority Interest in Earnings	1.43	30.55	30.9	12.26	7.46
Net Income	1,306	2,897	9.77	-540.75	166.28
Net Income to Common	1,306	2,897	9.77	-540.75	166.28
Net Income Growth	-54.93%	29546.41%	-	-	-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	-53.91%	28567.09%	-	-	-25.00%
Free Cash Flow	2,425	1,553	-50.19	5.09	713.51
Free Cash Flow Per Share	3.89	2.44	-0.08	0.01	1.42
Gross Margin	43.06%	37.13%	34.58%	34.58%	25.15%
Operating Margin	7.27%	4.30%	-0.97%	-3.47%	0.91%
Profit Margin	5.40%	12.01%	0.04%	-3.08%	0.94%
Free Cash Flow Margin	10.02%	6.44%	-0.23%	0.03%	4.04%
EBITDA	2,070	1,346	122.79	-338	273.22
EBITDA Margin	8.56%	5.58%	0.56%	-1.93%	1.55%
D&A For EBITDA	312.68	307.76	335.73	270.33	112.11
EBIT	1,758	1,038	-212.94	-608.33	161.11
EBIT Margin	7.27%	4.30%	-0.97%	-3.47%	0.91%
Effective Tax Rate	22.82%	-	-	-	-
Revenue as Reported	24,194	24,121	21,916	17,532	17,661
Advertising Expenses	478.4	338.1	360.1	544.2	435.8

Updated Feb 26, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q