Gross Profit
Block Gross Profit increased by 1.3% to $2.91B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 27.1%, from $2.29B to $2.91B. Over 4 years (FY 2021 to FY 2025), Gross Profit shows an upward trend with a 23.7% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
Higher gross profit indicates a strong ability to command premium pricing and manage production costs effectively.
Detailed definition
The profit a company makes after deducting the costs associated with making and selling its products, or the costs assoc...
Peer comparison
Premium hardware brands aim for higher gross profit margins than commodity electronics manufacturers.
gross_profitHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | 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 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $1.14B | $1.13B | $1.18B | $1.29B | $1.47B | $1.57B | $1.66B | $1.71B | $1.87B | $1.90B | $2.03B | $2.09B | $2.23B | $2.25B | $2.31B | $2.29B | $2.54B | $2.66B | $2.87B | $2.91B |
| QoQ Change | — | -0.7% | +4.3% | +9.6% | +13.5% | +6.6% | +5.9% | +3.3% | +8.8% | +1.7% | +6.7% | +3.4% | +6.6% | +0.7% | +2.7% | -0.9% | +10.8% | +4.9% | +7.9% | +1.3% |
| YoY Change | — | — | — | — | +28.8% | +38.3% | +40.5% | +32.4% | +27.0% | +21.1% | +22.0% | +22.2% | +19.7% | +18.5% | +14.1% | +9.3% | +13.6% | +18.3% | +24.3% | +27.1% |
Business Segments — Cash App
| Segment | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 |
|---|---|---|---|---|---|---|---|---|
| Cash App | $1.44B | $1.26B | $1.30B | $1.31B | $1.38B | $1.38B | $1.50B | $1.62B |
| Total | $2.03B | $2.09B | $2.23B | $2.25B | $2.31B | $2.29B | $2.54B | $2.66B |
Cash App was previously reported and has since been discontinued or reclassified. Only currently active segments are shown in the chart.
Business Segments — Cash App
Gross Profit at Other Companies
Frequently Asked Questions
- 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?
- The money left over from sales after paying for the direct cost of goods sold.