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) Gross margin
Block, Inc.'s gross margin over the twelve months to 30 June 2026 was 46.4%, up 3.5 percentage points from fiscal 2025 (42.8%). Over the past ten years it has ranged from 25.0% (fiscal 2021) to 42.8% (fiscal 2025) — the current reading is the highest in ten years. That is below the Software Infrastructure industry median of 61.0% and in line with the Technology sector median of 47.2%.
Gross margin, annual
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Annual newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| FY2025 | 42.8% | 5.97 |
| FY2024 | 36.9% | 2.61 |
| FY2023 | 34.2% | 0.06 |
| FY2022 | 34.2% | 9.15 |
| FY2021 | 25.0% | (3.75) |
| FY2020 | 28.8% | (11.31) |
| FY2019 | 40.1% | 0.56 |
| FY2018 | 39.5% | 1.63 |
| FY2017 | 37.9% | 4.19 |
| FY2016 | 33.7% | 4.51 |
Quarterly newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| Jun 2026 | 47.8% | (0.19) |
| Mar 2026 | 48.0% | 2.09 |
| Dec 2025 | 45.9% | 2.41 |
| Sep 2025 | 43.5% | 1.63 |
| 42 more quarters | Free account |
Against its own ten years
Gross margin against peers
| Company | Gross margin |
|---|---|
| VRSN VeriSign, Inc. compare | 88.5% |
| OKTA Okta, Inc. compare | 78.1% |
| ZS Zscaler, Inc. compare | 76.8% |
| NBIS Nebius Group N.V. compare | 74.3% |
| MDB MongoDB, Inc. compare | 72.7% |
| NTAP NetApp, Inc. compare | 70.6% |
| CRWV CoreWeave Inc. compare | 67.4% |
| TWLO Twilio Inc. compare | 48.5% |
| XYZ Block, Inc. | 46.4% |
| Software Infrastructure industry median | 61.0% |
| Technology sector median | 47.2% |
| Market median | 46.2% |
What Gross margin is
Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.
Gross Profit ÷ Revenue
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- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
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- The full statement