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Block XYZ Net debt

Discontinued — last reported Q1 '26

Net debt at other companies

Cloudflare, Inc. logo
Cloudflare, Inc.NET
-5×-5.4×
Zscaler logo
ZscalerZS
19.2×+12.3×
Citigroup logo
CitigroupC
0.1×-0.3×
Morgan Stanley logo
Morgan StanleyMS
-0.2×
Wells Fargo & Company logo
Wells Fargo & CompanyWFC
0.6×-1.3×
American Express logo
American ExpressAXP
0.3×+0.3×

Other financials

Income statement

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Revenue$6.1B+4.9%
Gross profit$2.9B+27.1%
Operating income-$172.0M-152%
Net income-$308.7M-263%
EPS (diluted)-$0.52-273%

Balance sheet

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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

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Operating cash flow$965.6M+624%
CapEx$30.6M-4.1%
Free cash flow$935.0M+822%

Valuation

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Market cap$48.35B+3.3%
Enterprise value$40.87B+6.1%
P/E59.9×+44.1×
P/S0.0×

Profitability

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Gross margin44.9%+6.9pp
Operating margin4.9%+0.9pp
Net margin3.3%-7.6pp
FCF margin13.3%+8.3pp

Returns & leverage

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Return on equity3.7%-9.2pp
Debt / equity0.3×0.0×
Current ratio-0.3×

Where this comes from

Calculated from Block’s reported figures.

The source filing: Block’s 10-Q, filed May 7, 2026. Open the filing →

Filed
May 7, 2026, 4:25 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001628280-26-032200

FAQ

What is Block's net debt?
Block (XYZ) reported net debt of -$7.48B in Q1 2026.
How has Block's net debt changed year-over-year?
Block's net debt increased by 2.4% year-over-year, from -$7.66B to -$7.48B.
What is the long-term trend for Block's net debt?
Over 5 years (2020 to 2025), Block's net debt has grown at a 29.6% compound annual growth rate (CAGR), from -$1.76B to -$6.45B.
What does net debt mean?
Total debt minus cash and equivalents at the quarter end. The debt that would remain if the company used all its cash to pay down borrowings.

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