Income StatementBalance SheetCash FlowSegments
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Block Income Statement

Revenue, expenses, and profitability over time

Block generated $24.5B in trailing twelve-month revenue, up 0.0% year-over-year. Net income was $807.1M with a 3.3% net margin. Gross margin stands at 44.85% and operating margin at 4.93%. Diluted EPS is $1.28, which declined 0.7% year-over-year. Based on the Q1 2026 filing.

Total Revenue (TTM)$24.5BGross Profit (TTM)$11.0BOperating Income (TTM)$1.2BNet Income (TTM)$807.1MEps Diluted (TTM)$1.28
Latest FilingQ1 2026
Report Date2026-05-07
Market Cap$41.5B
P/E Ratio51.46
ROE3.74%

Other Income & Expense

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Derivative Gain (Loss) Excluded from Effectiveness-$16.1M-$17.2M-$23.7M-$34.7M-$53.8M-$53.2M
Interest Income (Expense), Non-operating-$16.1M-$17.2M-$23.7M-$34.7M-$53.8M-$53.2M
Other Charges$28.5M$8.3M-$13.4M$167.2M$4.7M$5.4M
Interest Income (Expense), Nonoperating-$16.1M-$17.2M-$23.7M-$34.7M-$53.8M-$53.2M
Non-operating Interest Income (Expense)-$16.1M-$17.2M-$23.7M-$34.7M-$53.8M-$53.2M

Operating Expenses

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Amortization of Finite-Lived Intangible Assets$34.6M$33.7M$33.9M$34.1M$34.0M$34.2M
Amortization expense$34.6M$33.7M$33.9M$34.1M$34.0M$34.2M
General and administrative$728.4M$491.8M$449.2M$544.0M$512.6M$857.6M
Amortization Expense$34.6M$33.7M$33.9M$34.1M$34.0M$34.2M
Amortization of Capitalized Software and Acquired Intangibles$34.6M$33.7M$33.9M$34.1M$34.0M$34.2M
Other Segment Items$28.5M$8.3M-$13.4M$167.2M$4.7M$5.4M
Provision for credit losses$244.6M$169.7M$294.1M$363.5M$510.0M$500.1M
Research and development$769.7M$760.7M$725.3M$711.2M$710.7M$1.0B
Selling and marketing$521.1M$504.5M$549.7M$599.3M$619.5M$650.5M
Total operating expenses$2.3B$2.0B$2.1B$2.3B$2.4B$3.1B

Cost of Revenue

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Amortization of acquired technology$15.6M$14.7M$14.4M$13.9M$13.9M$12.8M
Total cost of revenue$3.7B$3.5B$3.5B$3.5B$3.4B$3.1B

Earnings Per Share

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Basic earnings per share$3.15$0.31$0.88$0.76$0.18$-0.52
Diluted earnings per share$3.06$0.30$0.87$0.74$0.19$-0.52
Weighted-average shares, basic—619.4M612.9M610.2M—597.6M
Weighted-average shares, diluted—635.3M618.9M621.7M—597.6M

Operating Income

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Gross profit$2.3B$2.3B$2.5B$2.7B$2.9B$2.9B
Operating income$13.0M$329.3M$484.3M$409.4M$485.4M-$172.0M

Income Before Tax

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Income before income taxes$277.8M$227.1M$659.4M$601.5M$202.0M-$392.6M

Tax

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Income tax expense-$1.3B$38.3M$121.0M$139.9M$86.4M-$84.0M

Net Income

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Net income$1.9B$189.9M$538.5M$461.5M$115.8M-$308.7M

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Amortization of capitalized software and acquired intangible assets$34.6M$33.7M$33.9M$34.1M$34.0M$34.2M
Gain (loss) on disposal of digital assets$252.3M-$93.4M$212.2M$59.6M-$234.3M-$172.8M
Other income, net (Note 6)$28.5M$8.3M-$13.4M$167.2M$4.7M$5.4M

Revenue

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Total revenue$6.0B$5.8B$6.1B$6.1B$6.3B$6.1B