Block, Inc. Income Statement
XYZ / Financials|12 years of annual SEC 10-K data (FY2014-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 12 fiscal years. All figures from audited SEC 10-K filings.
Block, Inc. reported $24.2B in revenue and $1.3B in net income for FY2025. Revenue has grown at a 35.6% compound annual rate over the past 11 years.
Based on SEC 10-K filings.
Key Data Points
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $24.2B | $24.1B | $21.9B | $17.5B | $17.7B | $9.5B | $4.7B | $3.3B | $2.2B | $1.7B | $1.3B | $850.2M |
| Cost of Revenue | $13.8B | $15.2B | $14.4B | $11.5B | $13.2B | $143.9M | $136.4M | $94.1M | $62.4M | $68.6M | $897.1M | $624.1M |
| Gross Profit | $10.4B | $8.9B | $7.5B | $6.0B | $4.4B | $2.7B | $1.9B | $1.3B | $839.3M | $576.0M | $370.0M | $226.1M |
| SG&A Expense | $2.0B | $2.1B | $2.2B | $1.7B | $982.8M | $579.2M | $436.9M | $339.2M | $250.6M | $252.0M | $143.5M | $94.2M |
| R&D Expense | $2.9B | $2.9B | $2.7B | $2.1B | $1.4B | $881.8M | $674.2M | $497.5M | $321.9M | $268.5M | $199.6M | $144.6M |
| Operating Income | $1.7B | $892.3M | -$278.8M | -$624.5M | $161.1M | -$18.8M | $26.6M | -$36.6M | -$54.2M | -$170.5M | -$174.5M | -$150.5M |
| Interest Expense | $256.4M | $165.5M | $0 | $0 | $58.1M | $75.2M | $44.9M | $37.8M | -$10.1M | $533.0K | - | - |
| Income Tax | $385.7M | -$1.5B | -$8.0M | -$12.3M | -$1.4M | $2.9M | $2.8M | $2.3M | $149.0K | $1.9M | $3.7M | $1.4M |
| Net Income | $1.3B | $2.9B | $9.8M | -$540.7M | $166.3M | $213.1M | $375.4M | -$38.5M | -$62.8M | -$171.6M | -$179.8M | -$154.1M |
| EPS (Basic) | $0.02 | -$0.93 | $0.36 | $0.48 | $0.88 | -$0.09 | -$0.17 | -$0.09 | -$0.17 | -$0.50 | -$1.24 | -$1.08 |
| EPS (Diluted) | $0.02 | -$0.93 | $0.33 | $0.44 | $0.81 | -$0.09 | -$0.17 | -$0.09 | -$0.17 | -$0.50 | -$1.24 | -$1.08 |
| Shares Outstanding | 614.0M | 578.9M | 501.8M | 482.2M | 466.1M | 405.7M | 379.3M | 405.7M | 379.3M | 341.6M | 170.5M | 142.0M |
| Gross Margin | 42.8% | 36.9% | 34.2% | 34.2% | 25.0% | 28.8% | 40.1% | 39.5% | 37.9% | 33.7% | 29.2% | 26.6% |
| Operating Margin | 7.1% | 3.7% | -1.3% | -3.6% | 0.9% | -0.2% | 0.6% | -1.1% | -2.5% | -10.0% | -13.8% | -17.7% |
| Profit Margin | 5.4% | 12.0% | 0.0% | -3.1% | 0.9% | 2.2% | 8.0% | -1.2% | -2.8% | -10.0% | -14.2% | -18.1% |