Block Financial solutions revenue — Cost of revenue increased by 14.7% to $89.38M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 14.7%, from $77.92M to $89.38M. This increase may warrant attention — for this metric, lower values are generally preferred.
An increase relative to revenue suggests margin compression, while a decrease relative to revenue indicates improved operational efficiency or better cost management.
This metric captures the direct costs associated with delivering the financial solutions segment's products and services...
Comparable to cost of goods sold or direct operating expenses for financial services segments at peer fintech firms.
xyz_segment_financial_solutions_revenue_cost_of_revenue| Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Value | $73.00M | $73.00M | $73.00M | $73.00M | $77.80M | $77.80M | $77.80M | $77.80M | $77.92M | $89.38M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +6.6% | +0.0% | +0.0% | +0.0% | +0.2% | +14.7% |
| YoY Change | — | — | — | — | +6.6% | +6.6% | +6.6% | +6.6% | +0.2% | +14.7% |