Block, Inc. income statement

In fiscal 2025, Block, Inc. reported revenue of $24.19bn, up 0.3% on the year before, operating income of $1.71bn (a 7.1% margin) and net income of $1.31bn, or $2.10 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ billions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Block, Inc.: income statement, annual
Fiscal year	2014Dec 2014	2015Dec 2015	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025	LTMJun 2026
Revenue	0.9	1.3	1.7	2.2	3.3	4.7	9.5	17.7	17.5	21.9	24.1	24.2	25.0
Cost of revenue	0.6	0.9	1.1	1.4	2.0	2.8	6.8	13.2	11.5	14.4	15.2	13.8	13.4
Gross profit	0.2	0.4	0.6	0.8	1.3	1.9	2.7	4.4	6.0	7.5	8.9	10.4	11.6
Research and development	0.1	0.2	0.3	0.3	0.5	0.7	0.9	1.4	2.1	2.7	2.9	2.9	3.1
Selling and marketing	0.1	0.1	0.2	0.3	0.4	0.6	1.1	1.6	2.1	2.0	2.0	2.3	2.5
General and administrative	0.1	0.1	0.3	0.3	0.3	0.4	0.6	1.0	1.7	2.2	2.1	2.0	2.7
Operating income	−0.2	−0.2	−0.2	−0.1	−0.0	0.0	−0.0	0.2	−0.6	−0.3	0.9	1.7	1.2
Interest expense	—	—	—	—	0.0	0.0	0.1	0.1	0.0	0.0	0.2	0.3	—
Net interest income	—	—	0.0	−0.0	−0.0	−0.0	−0.1	−0.0	−0.0	0.0	—	—	—
Provision for credit losses	—	—	—	0.1	0.1	0.1	0.2	0.2	0.6	0.7	0.8	1.3	2.0
Income before tax	−0.2	−0.2	−0.2	−0.1	−0.0	0.4	0.2	0.2	−0.6	−0.0	1.4	1.7	0.7
Income tax	0.0	0.0	0.0	0.0	0.0	0.0	0.0	−0.0	−0.0	−0.0	−1.5	0.4	0.4
Net income	−0.2	−0.2	−0.2	−0.1	−0.0	0.4	0.2	0.2	−0.5	0.0	2.9	1.3	0.4
Diluted EPS	−$0.54	−$0.62	−$0.50	−$0.17	−$0.09	$0.81	$0.44	$0.33	−$0.93	$0.02	$4.56	$2.10	$0.58
Diluted shares (average)	284m	341m	342m	379m	406m	466m	482m	502m	579m	614m	636m	623m	611m
EBITDA	−0.1	−0.1	−0.1	−0.0	0.0	0.1	0.1	0.3	−0.3	0.1	1.3	2.1	1.5

US$ millions unless shown otherwise. Fiscal quarters.

Block, Inc.: income statement, quarterly
Quarter	2024 Q3Sept 2024	2024 Q4Dec 2024	2025 Q1Mar 2025	2025 Q2Jun 2025	2025 Q3Sept 2025	2025 Q4Dec 2025	2026 Q1Mar 2026	2026 Q2Jun 2026
Revenue	5,976	6,033	5,772	6,054	6,115	6,252	6,057	6,618
Cost of revenue	3,726	3,721	3,482	3,518	3,453	3,380	3,148	3,452
Gross profit	2,250	2,311	2,290	2,537	2,662	2,872	2,909	3,166
Research and development	711	770	761	725	711	711	1,039	609
Selling and marketing	512	521	504	550	599	620	651	665
General and administrative	476	728	492	449	544	513	858	826
Operating income	323	13	329	484	409	485	−172	447
Provision for credit losses	192	245	170	294	363	510	500	585
Income before tax	324	278	227	659	602	202	−393	301
Income tax	43	−1,300	38	121	140	86	−84	214
Net income	284	1,946	190	538	462	116	−309	89
Diluted EPS	$0.45	$3.06	$0.30	$0.87	$0.74	$0.19	−$0.52	$0.15
EBITDA	416	102	418	577	502	581	−76	542

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Block, Inc.'s SEC filings (10-K and 10-Q), retrieved October 20, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Block, Inc.