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) Operating margin
Block, Inc.'s operating margin over the twelve months to 30 June 2026 was 4.67%, down 2.4 percentage points from fiscal 2025 (7.06%). Over the past ten years it has ranged from −13.8% (fiscal 2015) to 7.06% (fiscal 2025) — the current reading is the highest in ten years. That is above the Software Infrastructure industry median of 0.00% and above the Technology sector median of 0.00%.
Operating margin, annual
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Annual newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| FY2025 | 7.06% | 3.36 |
| FY2024 | 3.70% | 4.97 |
| FY2023 | −1.27% | 2.29 |
| FY2022 | −3.56% | (4.47) |
| FY2021 | 0.91% | 1.11 |
| FY2020 | −0.20% | (0.76) |
| FY2019 | 0.56% | 1.67 |
| FY2018 | −1.11% | 1.34 |
| FY2017 | −2.45% | 7.53 |
| FY2016 | −9.98% | 3.79 |
Quarterly newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| Jun 2026 | 6.75% | 9.59 |
| Mar 2026 | −2.84% | (10.60) |
| Dec 2025 | 7.76% | 1.06 |
| Sep 2025 | 6.70% | (1.30) |
| 42 more quarters | Free account |
Against its own ten years
Operating margin against peers
| Company | Operating margin |
|---|---|
| VRSN VeriSign, Inc. compare | 67.9% |
| NTAP NetApp, Inc. compare | 25.0% |
| OKTA Okta, Inc. compare | 7.55% |
| TWLO Twilio Inc. compare | 5.20% |
| XYZ Block, Inc. | 4.67% |
| MDB MongoDB, Inc. compare | −0.52% |
| CRWV CoreWeave Inc. compare | −3.04% |
| ZS Zscaler, Inc. compare | −3.98% |
| NBIS Nebius Group N.V. compare | −50.5% |
| Software Infrastructure industry median | 0.00% |
| Technology sector median | 0.00% |
| Market median | 0.00% |
What Operating margin is
EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.
EBIT ÷ Revenue
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- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross 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
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- The full statement