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. In the quarter to June 2026, revenue grew 9.30%, EPS fell 83.0%, free cash flow grew 181.8% and total debt rose 11.9%, each against the same quarter a year earlier. Member of the S&P 500; revenue growth for three consecutive years.
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Block, Inc. (XYZ) Free cash flow
Block, Inc.'s free cash flow for fiscal 2025 was $2.4B, up 56.1% from $1.6B in fiscal 2024. Over the twelve months to 30 June 2026 it was $3.9B. Over the past ten years it has ranged from −$50.2M (fiscal 2023) to $2.4B (fiscal 2025) — the current reading is the highest in ten years. Block, Inc. ranks 3rd of 169 Software Infrastructure companies by free cash flow.
Free cash flow, annual
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Annual newest first
| Period | Free cash flow | Change |
|---|---|---|
| FY2025 | $2.4B | 56.09% |
| FY2024 | $1.6B | — |
| FY2023 | −$50.2M | — |
| FY2022 | $5.1M | (99.29%) |
| FY2021 | $713.5M | 1,955.75% |
| FY2020 | $34.7M | (93.96%) |
| FY2019 | $574.5M | 147.30% |
| FY2018 | $232.3M | 128.60% |
| FY2017 | $101.6M | — |
| FY2016 | −$2.4M | — |
Quarterly newest first
| Period | Free cash flow | Change |
|---|---|---|
| Jun 2026 | $966.6M | 3.38% |
| Mar 2026 | $935.0M | 61.27% |
| Dec 2025 | $579.8M | (58.60%) |
| Sep 2025 | $1.4B | 308.27% |
| 42 more quarters | Free account |
Against its own ten years
Free cash flow against peers
| Company | Free cash flow |
|---|---|
| XYZ Block, Inc. | $3.9B |
| NTAP NetApp, Inc. compare | $1.7B |
| VRSN VeriSign, Inc. compare | $1.1B |
| TWLO Twilio Inc. compare | $973.4M |
| OKTA Okta, Inc. compare | $958.0M |
| ZS Zscaler, Inc. compare | $779.1M |
| MDB MongoDB, Inc. compare | $659.0M |
| NBIS Nebius Group N.V. compare | −$5.9B |
| CRWV CoreWeave Inc. compare | −$13.7B |
What Free cash flow is
Free Cash Flow tells an investor how much cash a company’s operations generate after paying for its investment in physical and intangible assets.
Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)
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