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Block XYZ Operating margin

Operating margin at other companies

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13.3%+0.6pp
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PayPal Holdings, Inc.PYPL
17.4%-0.7pp
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ToastTOST
5.6%+3.4pp
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Coinbase Global, Inc.COIN
10.8%-21.6pp
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Affirm Holdings, Inc.AFRM
-7.3%-3.2pp
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Priority Technology HoldingsPRTH
14.5%-0.8pp

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
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.

Based on trailing twelve months.

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 operating margin?
Block (XYZ) reported operating margin of 4.9% in Q1 2026.
How has Block's operating margin changed year-over-year?
Block's operating margin increased by 21.4% year-over-year, from 4.1% to 4.9%.
What is the long-term trend for Block's operating margin?
Over 3 years (2022 to 2025), Block's operating margin has grown at a 25.6% compound annual growth rate (CAGR), from -3.6% to 7.1%.
What does operating margin mean?
Operating income as a percentage of revenue (trailing twelve months). Captures profitability from core operations after both cost of revenue and operating expenses, but before interest and taxes.

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