Discontinued — last reported Q3 '25

Products & Services · Revenue

Hardware revenue — Revenue

Block Hardware revenue — Revenue increased by 73.6% to $70.19M in Q3 2025 compared to the prior quarter. Year-over-year, this metric grew by 90.5%, from $36.84M to $70.19M. Over 3 years (FY 2021 to FY 2024), Hardware revenue — Revenue shows relatively stable performance with a -0.5% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ1 2016
Last reportedQ3 2025
Rolls up toTotal Revenue

How to read this metric

An increase suggests higher merchant acquisition or hardware adoption, while a decrease may signal market saturation or a shift in hardware distribution strategy.

Detailed definition

This metric represents the total gross revenue generated from the sale of physical point-of-sale hardware devices and re...

Peer comparison

Comparable to hardware sales revenue at other fintech or payment processing companies that utilize a 'razor-and-blade' business model.

Metric ID: xyz_segment_hardware_revenue_revenue

Historical Data

18 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25
Value$43.73M$37.26M$35.91M$37.33M$48.05M$43.39M$35.65M$37.45M$44.92M$42.34M$32.46M$32.50M$42.96M$36.84M$31.07M$28.69M$40.42M$70.19M
QoQ Change-14.8%-3.6%+3.9%+28.7%-9.7%-17.8%+5.0%+19.9%-5.7%-23.3%+0.1%+32.2%-14.2%-15.7%-7.7%+40.9%+73.6%
YoY Change+9.9%+16.5%-0.7%+0.3%-6.5%-2.4%-8.9%-13.2%-4.4%-13.0%-4.3%-11.7%-5.9%+90.5%
Range$28.69M$70.19M
CAGR+11.8%
Avg YoY Growth+3.3%
Median YoY Growth-4.3%
Current Streak2 quarters growth

Frequently Asked Questions

What is Block's hardware revenue — revenue?
Block (XYZ) reported hardware revenue — revenue of $70.19M in Q3 2025.
How has Block's hardware revenue — revenue changed year-over-year?
Block's hardware revenue — revenue increased by 90.5% year-over-year, from $36.84M to $70.19M.
What is the long-term trend for Block's hardware revenue — revenue?
Over 3 years (2021 to 2024), Block's hardware revenue — revenue has grown at a -0.5% compound annual growth rate (CAGR), from $145.68M to $143.37M.
What does hardware revenue — revenue mean?
Total revenue earned from selling physical payment hardware devices to customers.