Block, Inc.

XYZ Technology Software Infrastructure

Block, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $24.2 billion, roughly unchanged from fiscal 2024.

Revenue
+9.88%
EPS
+23.2%
Free cash flow
−30.6%
Total debt
−21.4%

Quarter to September 2026, against a year earlier

85.00 0.96 +1.14%
Market cap
$50.8B
P/E
112×
Fwd P/E
44.1×
Dividend yield
—
F-score
5/9
Altman Z
2.64
Beneish M
−2.66
Dividend safety
n/a

Block, Inc. (XYZ) EV/EBITDA

Alert me on EV/EBITDA

As of 5 November 2026, Block, Inc. (XYZ) trades at a EV/EBITDA of 136×. Over the past ten years it has ranged from 0.0× (December 2024) to 27,706× (October 2018); the current reading is higher than 64% of that period. That is above the Software Infrastructure industry median of 14.5× and above the Technology sector median of 14.5×.

EV/EBITDA, daily

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Annual newest first

Period EV/EBITDA Change
FY2025 43.2× (73.85%)
FY2024 165× —
FY2023 0.0× —
FY2022 0.0× —
FY2021 224× (66.69%)
FY2020 673× 164.20%
FY2019 255× (72.63%)
FY2018 931× —
FY2017 0.0× —
FY2016 0.0× —

Quarterly newest first

Period EV/EBITDA Change
Sep 2026 118× (9.16%)
Jun 2026 130× 54.02%
Mar 2026 84.4× 95.64%
Dec 2025 43.2× (37.70%)
43 more quarters

Against its own ten years

Low 0.0× High 27,706×
Ten-year median 40.0×
Current reading's percentile 64

EV/EBITDA against peers

Company EV/EBITDA
CPAY Corpay, Inc. compare 9.9×
CRWV CoreWeave Inc. compare 13.7×
NTAP NetApp, Inc. compare 15.9×
VRSN VeriSign, Inc. compare 25.2×
TWLO Twilio Inc. compare 49.2×
OKTA Okta, Inc. compare 57.4×
ZS Zscaler, Inc. compare 119×
XYZ Block, Inc. 136×
NBIS Nebius Group N.V. compare 243×
Software Infrastructure industry median 14.5×
Technology sector median 14.5×
Market median 10.9×

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

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