What is Block's gross profit?

Block (XYZ) reported gross profit of $2.91B in Q1 2026.

How has Block's gross profit changed year-over-year?

Block's gross profit increased by 27.1% year-over-year, from $2.29B to $2.91B.

What is the long-term trend for Block's gross profit?

Over 4 years (2021 to 2025), Block's gross profit has grown at a 23.7% compound annual growth rate (CAGR), from $4.42B to $10.36B.

What does gross profit mean?

Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.

Block XYZ Gross Profit

Gross Profit at other companies

Lesaka Technologies, Inc.LSAK

$59.13M+33.5%

Chime Financial, Inc. Class A Common StockCHYM

$580.31M+26.6%

H&R BlockHRB

$1.37B+4.5%

KEE

Keel Infrastructure Corp. Common StockKEEL

-$26.31M-9,631%

Global PaymentsGPN

——

Segments

By segment

See full

Cash App$1.91B—

Square$981.55M—

Other financials

Income statement

See full

Revenue$6.1B+4.9%

Operating income-$172.0M-152%

Net income-$308.7M-263%

EPS (diluted)-$0.52-273%

Balance sheet

See full

Cash & equivalents$13.5B+3.1%

Total debt$6.0B+10.9%

Total equity$21.7B+1.1%

Total assets$40.0B+9.9%

Cash flow

See full

Operating cash flow$965.6M+624%

CapEx$30.6M-4.1%

Free cash flow$935.0M+822%

Valuation

See full

Market cap$44.09B+12.7%

Enterprise value$36.61B+16.4%

P/E54.6×+39.7×

P/S1.8×+0.2×

Profitability

See full

Gross margin44.9%+6.9pp

Operating margin4.9%+0.9pp

Net margin3.3%-7.6pp

FCF margin13.3%+8.3pp

Returns & leverage

See full

Return on equity3.7%-9.2pp

Debt / equity0.3×0.0×

Current ratio2×-0.3×

Where this comes from

Calculated from Block’s reported figures.

$6.1Btotal revenue−$3.1Btotal cost of revenue=$2.91B

The official record: Block’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Block's gross profit?: Block (XYZ) reported gross profit of $2.91B in Q1 2026.
How has Block's gross profit changed year-over-year?: Block's gross profit increased by 27.1% year-over-year, from $2.29B to $2.91B.
What is the long-term trend for Block's gross profit?: Over 4 years (2021 to 2025), Block's gross profit has grown at a 23.7% compound annual growth rate (CAGR), from $4.42B to $10.36B.
What does gross profit mean?: Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.