Company / R&D Expense
Block, Inc. R&D Expense History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$2.9B
FY2025
5-year range
$1.4B / $2.9B
FY2021-FY2025
Trend
-0.2%
vs FY2024
Sector context
#1 of 21
Financials
What the data says
Among 21 Financials companies, Block, Inc. is in the top 5% for r&d expense. Improved from $2.7B to $2.9B over the past 2 years.
Based on SEC 10-K filings.
$2.9B in FY2025 with a 5-year CAGR of +27.0%. Ranks 1st among 21 companies in Financials.
Improved from $2.7B to $2.9B over the past 2 years.
Financials sector context is included.
R&D Expense over time
Growth rates
- 3-Year CAGR
- +10.8%
- 5-Year CAGR
- +27.0%
- 10-Year CAGR
- -
Sector benchmark
Top 5% in FinancialsTop 5% of 21This company $2.9B Sector average $385.8M
▼
+653.8% above sector average
Key checks
Key Insights
- 5-year CAGR of +27.0%, indicating consistent growth.
- In FY2025, r&d expense decreased 0.2% year-over-year.
- Ranks #1 out of 21 companies in the Financials sector.
- Peak r&d expense 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 | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $2.9B | -0.2% |
| FY2024 | $2.9B | +7.1% |
| FY2023 | $2.7B | +27.4% |
| FY2022 | $2.1B | +54.3% |
| FY2021 | $1.4B | +56.9% |
| FY2020 | $881.8M | +30.8% |
| FY2019 | $674.2M | +35.5% |
| FY2018 | $497.5M | +54.6% |
| FY2017 | $321.9M | +19.9% |
| FY2016 | $268.5M | +34.5% |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026