Company / Cost of Revenue
Block, Inc. Cost of Revenue History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Cost of Revenue
$13.8B
FY2025
5-year range
$11.5B / $15.2B
FY2021-FY2025
Trend
-9.2%
vs FY2024
Sector context
#1 of 38
Financials
What the data says
Among 38 Financials companies, Block, Inc. is in the bottom 3% for cost of revenue. Cost of Revenue has fluctuated over the past 10 years, ranging from $62M in FY2017 to $15.2B in FY2024.
Based on SEC 10-K filings.
$13.8B in FY2025 with a 5-year CAGR of +149.2%. Ranks 1st among 38 companies in Financials.
Improved from $14.4B to $13.8B over the past 2 years.
Financials sector context is included.
Cost of Revenue over time
Growth rates
- 3-Year CAGR
- +6.2%
- 5-Year CAGR
- +149.2%
- 10-Year CAGR
- -
Sector benchmark
Bottom 3% in FinancialsTop 97% of 38This company $13.8B Sector average $1.3B
▼
+985.6% above sector average
Key checks
Key Insights
- 5-year CAGR of +149.2%, indicating consistent growth.
- In FY2025, cost of revenue decreased 9.2% year-over-year.
- Ranks #1 out of 38 companies in the Financials sector.
- Peak cost of revenue was recorded in FY2024.
Company context
Key Data Points
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Cost of RevenueValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $13.8B | -9.2% |
| FY2024 | $15.2B | +5.7% |
| FY2023 | $14.4B | +24.9% |
| FY2022 | $11.5B | -12.9% |
| FY2021 | $13.2B | +9101.7% |
| FY2020 | $143.9M | +5.5% |
| FY2019 | $136.4M | +44.9% |
| FY2018 | $94.1M | +50.8% |
| FY2017 | $62.4M | -9.0% |
| FY2016 | $68.6M | -92.4% |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026