Block, Inc.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $24.2B | $24.1B | $21.9B | $17.5B | $17.7B |
| Cost of revenue | $13.8B | $15.2B | $14.4B | $11.5B | $13.2B |
| Gross profit | $10.4B | $8.9B | $7.5B | $6.0B | $4.4B |
| Research and development | $2.9B | $2.9B | $2.7B | $2.1B | $1.4B |
| Operating income | $1.7B | $892.3M | -$278.8M | -$624.5M | $161.1M |
| Interest expense | — | — | — | — | $58.1M |
| Pretax income | $1.7B | $1.4B | -$29.1M | -$565.3M | $157.5M |
| Income tax expense | $385.7M | -$1.5B | -$8.0M | -$12.3M | -$1.4M |
| Net income | $1.3B | $2.9B | $9.8M | -$540.7M | $166.3M |
| Balance Sheet | |||||
| Cash and equivalents | $6.6B | $8.1B | $5.0B | $4.5B | $4.4B |
| Current assets | $22.9B | $19.9B | $17.8B | $15.6B | $11.6B |
| Total assets | $39.5B | $36.8B | $33.0B | $31.4B | $15.0B |
| Current liabilities | $10.4B | $8.5B | $8.9B | $8.4B | $6.5B |
| Total liabilities | $17.4B | $15.5B | $14.3B | $14.1B | $11.7B |
| Stockholders' equity | $22.2B | $21.3B | $18.7B | $17.2B | $3.3B |
| Cash Flow Statement | |||||
| Cash from operations | $2.6B | $1.7B | $101.0M | $175.9M | $847.8M |
| Depreciation and amortization | $369.5M | $376.1M | $408.6M | $340.5M | $134.8M |
| Stock-based compensation | $1.2B | $1.3B | $1.3B | $1.1B | $608.0M |
| Capital expenditure | $155.0M | $153.9M | $151.2M | $170.8M | $134.3M |
| Free cash flow | $2.4B | $1.6B | -$50.2M | $5.1M | $713.5M |
| Share repurchases | $2.3B | $1.2B | $156.8M | $0 | $0 |
| Impairments | — | $73.5M | $132.3M | $0 | $0 |
Shares outstanding 595.2M · Free float 79.0%
Annual filing data through FY ended December 31, 2025; float as of July 14, 2026.