Tax
Income Tax
Block Income Tax decreased by 197.2% to -$83.98M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 319.1%, from $38.33M to -$83.98M. Over 2 years (FY 2023 to FY 2025), Income Tax shows an upward trend with a 593.5% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementIncome Statement
SectionTax
CategoryRisk
SignalLower is better
VolatilityModerate
First reportedQ4 2013
Last reportedQ4 2025
How to read this metric
Changes may reflect shifts in corporate tax law, geographic earnings mix, or the expiration of tax incentives.
Detailed definition
The total amount of income tax a company expects to pay to federal, state, and foreign governments based on its earnings...
Peer comparison
Global companies often have complex tax expenses due to earnings in multiple international jurisdictions.
Metric ID:
income_tax_expenseHistorical Data
18 periods
| Q2 '21 | Q3 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | -$9.36M | $452.00K | -$1.70M | $1.30M | -$17.29M | -$21.12M | -$8.15M | $81.14M | -$59.89M | $35.49M | $59.03M | $43.01M | -$1.30B | $38.33M | $121.05M | $139.93M | $86.40M | -$83.98M |
| QoQ Change | — | +104.8% | -476.5% | +176.6% | <-999% | -22.2% | +61.4% | >999% | -173.8% | +159.3% | +66.3% | -27.1% | <-999% | +102.9% | +215.8% | +15.6% | -38.3% | -197.2% |
| YoY Change | — | — | — | +113.9% | <-999% | <-999% | -725.0% | +569.3% | — | +268.0% | +824.3% | -47.0% | <-999% | +8.0% | +105.1% | +225.3% | +106.6% | -319.1% |
Range-$1.30B – $139.93M
CAGR+67.6%
Avg YoY Growth-429.1%
Median YoY Growth+56.5%
Current Streak2 quarters decline
Income Tax at Other Companies
Frequently Asked Questions
- What is Block's income tax?
- Block (XYZ) reported income tax of -$83.98M in Q1 2026.
- How has Block's income tax changed year-over-year?
- Block's income tax decreased by 319.1% year-over-year, from $38.33M to -$83.98M.
- What is the long-term trend for Block's income tax?
- Over 2 years (2023 to 2025), Block's income tax has grown at a 593.5% compound annual growth rate (CAGR), from -$8.02M to $385.70M.
- What does income tax mean?
- The amount of money a company sets aside to pay its corporate income taxes.