Discontinued — last reported Q1 '26
Cash App — Cost of Revenue
Block Cash App — Cost of Revenue decreased by 9.8% to $1.96B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 21.5%, from $2.50B to $1.96B. Over 2 years (FY 2022 to FY 2024), Cash App — Cost of Revenue shows an upward trend with a 18.9% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
An increase relative to revenue may indicate rising transaction processing costs or shifts in product mix, while a decrease suggests improved operational efficiency or better cost management.
Detailed definition
This metric represents the direct costs incurred by the Cash App segment to generate its net revenue. It primarily inclu...
Peer comparison
Comparable to cost of goods sold or direct operating expenses in other fintech or digital payment platforms.
xyz_segment_cash_app_cost_of_revenueHistorical Data
| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $1.95B | $1.95B | $1.95B | $1.95B | $2.59B | $2.59B | $2.59B | $2.59B | $2.91B | $2.83B | $2.62B | $2.64B | $2.50B | $2.34B | $2.18B | $1.96B |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +33.0% | +0.0% | +0.0% | +0.0% | +12.5% | -2.9% | -7.3% | +0.7% | -5.4% | -6.2% | -7.2% | -9.8% |
| YoY Change | — | — | — | — | +33.0% | +33.0% | +33.0% | +33.0% | +12.5% | +9.3% | +1.3% | +2.0% | -14.3% | -17.2% | -17.1% | -21.5% |
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Frequently Asked Questions
- What is Block's cash app — cost of revenue?
- Block (XYZ) reported cash app — cost of revenue of $1.96B in Q1 2026.
- How has Block's cash app — cost of revenue changed year-over-year?
- Block's cash app — cost of revenue decreased by 21.5% year-over-year, from $2.50B to $1.96B.
- What is the long-term trend for Block's cash app — cost of revenue?
- Over 2 years (2022 to 2024), Block's cash app — cost of revenue has grown at a 18.9% compound annual growth rate (CAGR), from $7.79B to $11.01B.
- What does cash app — cost of revenue mean?
- The direct expenses incurred by the Cash App segment to provide its financial products and services.