Block, Inc.

Financials Transaction & Payment Processing Services none Last filing Feb 26, 2026 · FY2025

                    Revenue
                    FY2025
                
$24.2B
                    3y CAGR +11.3%
                    
                    P45
                    
                    +0.3%
                    
                    Net income
                    FY2025
                
$1.3B
                    Net margin +5.4%
                    
                    P7
                    
                    -54.9%
                    
                    Total assets
                    FY2025
                
$39.5B
                    ROA +3.3%
                    
                    P56
                    
                    +7.5%
                    
                    Operating cash flow
                    FY2025
                
$2.6B
                    FCF margin +10.0%
                    
                    P12
                    
                    +51.1%

12 yrs · FY2014–FY2025 9 filed · 0 derived · 0 blank

1Y 3Y 5Y 10Y

Dollars % of revenue % of assets YoY % CAGR

Each cell as a share of that year’s revenue.

Balance Sheet

Assets, liabilities, and equity

27 accounts · 5 years

Total assets $39.5B

Total liabilities $17.4B

Shareholders equity $22.2B

Account	2025	2024	2023	2022	2021
Assets
Cash and Cash Equivalents	27.1%	33.5%	22.8%	25.9%	25.2%
Short Term Investments	2.1%	1.7%	3.9%	6.2%	4.9%
Other Current Assets	65.2%	47.3%	48.2%	46.4%	29.5%
Total Current Assets	94.5%	82.4%	86.0%	89.1%	59.6%
Property,Plant and Equipment	1.3%	1.3%	1.4%	1.9%	1.6%
Operating Lease Assets	0.9%	0.9%	1.1%	2.1%	2.5%
Goodwill	49.0%	47.3%	54.4%	68.3%	2.9%
Intangible Assets	5.3%	5.9%	8.0%	11.5%	1.5%
Deferred Tax Assets	5.4%	7.5%	—	—	—
Other Noncurrent Assets	7.1%	7.1%	4.5%	6.0%	2.1%
Total Assets	163.5%	152.5%	155.5%	178.9%	78.8%
Liabilities
Accrued Liabilities	6.4%	6.3%	6.1%	6.1%	3.6%
Current Portion of Long Term Debt	8.4%	4.9%	3.4%	5.3%	2.8%
Other Current Liabilities	28.1%	24.2%	35.8%	36.7%	24.0%
Total Current Liabilities	42.9%	35.4%	45.3%	48.1%	30.8%
Long Term Debt	27.3%	26.5%	22.7%	28.4%	25.8%
Operating Lease Liabilities Noncurrent	1.1%	1.2%	1.3%	2.0%	2.2%
Deferred Tax Liabilities	0.0%	0.7%	0.2%	0.8%	—
Other Noncurrent Liabilities	0.5%	0.6%	0.7%	1.2%	1.3%
Total Liabilities	71.8%	64.4%	70.2%	80.5%	60.1%
Equity
Preferred Stock	0.0%	0.0%	0.0%	0.0%	0.0%
Additional Paid In Capital	78.1%	82.5%	89.4%	104.5%	18.8%
Retained Earnings	15.2%	9.8%	-2.4%	-3.2%	-0.2%
Accumulated Other Comprehensive Income	-1.5%	-4.2%	-1.7%	-3.0%	-0.1%
Total Stockholders Equity	91.8%	88.2%	85.3%	98.2%	18.5%
Noncontrolling Interest	-0.1%	-0.1%	-0.0%	0.2%	0.2%
Total Liabilitiesand Equity	163.5%	152.5%	155.5%	178.9%	78.8%

Income Statement

Revenue, expense, and profitability

16 accounts · 5 years

Revenue $24.2B

Operating income $1.7B

Net income $1.3B

Account	2025	2024	2023	2022	2021
IncomeStatement
Revenues Total Revenue	100.0%	100.0%	100.0%	100.0%	100.0%
Expenses Cost of Revenue	57.2%	63.1%	65.8%	65.8%	75.0%
Other Income Expense Gross Profit	42.8%	36.9%	34.2%	34.2%	25.0%
Expenses Research and Development	12.0%	12.1%	12.4%	12.2%	7.8%
Expenses Selling,General and Administrative	17.7%	17.1%	19.3%	21.4%	14.7%
Expenses Depreciation and Amortization	0.6%	0.6%	0.8%	0.8%	0.1%
Expenses Other Operating Expenses	5.5%	3.3%	3.0%	3.4%	1.5%
Other Income Expense Operating Income	7.1%	3.7%	-1.3%	-3.6%	0.9%
Other Income Expense Other Income/expense	-0.1%	1.9%	1.1%	0.3%	-0.0%
Other Income Expense Income Before Tax	7.0%	5.6%	-0.1%	-3.2%	0.9%
Income Tax Income Tax Expense	1.6%	-6.3%	-0.0%	-0.1%	-0.0%
net Income Other Items Below Tax	0.0%	0.1%	0.1%	0.1%	0.0%
net Income net Income	5.4%	12.0%	0.0%	-3.1%	0.9%
Earnings Per Share Basic Eps	0.0%	0.0%	0.0%	-0.0%	0.0%
Earnings Per Share Diluted Eps	0.0%	0.0%	0.0%	-0.0%	0.0%
Earnings Per Share Weighted Average Shares Diluted	2.6%	2.6%	2.8%	3.3%	2.8%

Cash Flow Statement

Operating, investing, and financing flows

20 accounts · 5 years

Operating cash flow $2.6B

Investing cash flow $-2.8B

Financing cash flow $-613.1M

Account	2025	2024	2023	2022	2021
CashFlow
Operating Activities net Income	5.4%	11.9%	-0.1%	-3.2%	0.9%
Operating Activities Depreciation and Amortization	1.5%	2.1%	2.5%	1.9%	0.8%
Operating Activities Stock Based Compensation	5.0%	5.3%	5.8%	6.1%	3.4%
Operating Activities Deferred Income Taxes	1.4%	-6.9%	-0.4%	-0.4%	-0.1%
Operating Activities Changes In Operating Assets and Liabilities	-3.5%	0.9%	-3.1%	-3.4%	-1.3%
Operating Activities Other Non Cash Items	0.8%	-6.1%	-4.2%	-0.1%	1.0%
Operating Activities net Cash From Operating Activities	10.7%	7.1%	0.5%	1.0%	4.8%
Investing Activities Capital Expenditures	-0.6%	-0.6%	-0.7%	-1.0%	-0.8%
Investing Activities Purchases of Investments	-3.2%	-5.2%	-5.3%	-4.6%	-18.4%
Investing Activities Proceeds From Sale of Investments	3.6%	6.0%	7.9%	10.5%	13.6%
Investing Activities Other Investing Activities	-11.4%	2.5%	1.2%	-1.0%	-1.0%
Investing Activities net Cash From Investing Activities	-11.6%	2.7%	3.1%	7.0%	-7.4%
Financing Activities Proceeds From Debt	14.5%	13.5%	6.3%	9.2%	15.0%
Financing Activities Repayment of Debt	-10.2%	-5.5%	-7.2%	-11.1%	-3.7%
Financing Activities Repurchase of Common Stock	-9.6%	-4.9%	-0.7%	0.0%	0.0%
Financing Activities Proceeds From Stock Issuance	0.4%	0.6%	0.6%	0.5%	0.7%
Financing Activities Other Financing Activities	2.4%	4.3%	-0.1%	2.0%	4.8%
Financing Activities net Cash From Financing Activities	-2.5%	8.1%	-1.1%	0.6%	15.0%
Cash Reconciliation Effect of Exchange Rate On Cash	0.4%	-0.4%	0.1%	-0.2%	-0.0%
Cash Reconciliation net Change In Cash	-3.1%	17.5%	2.6%	8.3%	12.4%

Key Ratios

Margins, returns, liquidity, leverage, efficiency

Computed at import · 5 years

Ratio	2025	2024	2023	2022	2021
Profitability
Gross margin	+42.8%	+36.9%	+34.2%	+34.2%	+25.0%
Operating margin	+7.1%	+3.7%	-1.3%	-3.6%	+0.9%
Net margin	+5.4%	+12.0%	+0.0%	-3.1%	+0.9%
FCF margin	+10.0%	+6.4%	-0.2%	+0.0%	+4.0%
Growth
Revenue CAGR (3y)	+11.3%	+10.9%	+32.1%	+54.9%	+75.0%
Returns
ROE	+5.9%	+13.6%	+0.1%	-3.1%	+5.1%
ROA	+3.3%	+7.9%	+0.0%	-1.7%	+1.2%
ROIC	+5.4%	+4.3%	-1.4%	-3.4%	+4.1%
Liquidity
Current ratio	2.20x	2.33x	1.90x	1.85x	1.94x
Quick ratio	—	—	—	—	—
Leverage
D/E	0.78x	0.73x	0.82x	0.82x	3.24x
Interest coverage	—	—	—	—	—
Efficiency
Asset turnover	0.61x	0.66x	0.64x	0.56x	1.27x
Cash conversion cycle	—	—	—	—	—

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FY2025 fundamentals · no price

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Block, Inc.

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