Skip to content
OpenCapital
Get started

Block XYZ Bitcoin ecosystem revenue — Cost of revenue

Other product segments

Commerce enablement revenue
$1.32B—
Financial solutions revenue
$89.38M—

Similar metrics at other companies

Cipher Digital, Inc. logo
CIFRBitcoin Mining — Cost of Revenue
$17.71M+18.9%
Hut 8 Mining Corp. logo
HUTTotal Cost of Revenue
$25.55M+36.9%
KEE
KEELCost Of Revenue
$63.3M+33.6%
Nasdaq, Inc. logo
NDAQTotal Cost of Revenue
$730M-15.0%
SBA Communications logo
SBACCost Of Revenue
$171.34M+11.5%
Bit Digital logo
BTBTDigital Asset Mining — Cost Of Revenue
$3.25M-46.9%

Other financials

Income statement

See full
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

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$46.32B+15.3%
Enterprise value$38.84B+21.8%
P/E57.4×+43.8×
P/S1.9×+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

Reported directly by Block in its filing.

Tagged under the XBRL concept us-gaap:CostOfGoodsAndServicesSold.

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

Ask your AI about Block's bitcoin ecosystem revenue — cost of revenue.

Connect your AI assistant and compare segments, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is Block's bitcoin ecosystem revenue — cost of revenue?
Block (XYZ) reported bitcoin ecosystem revenue — cost of revenue of $1.73B in Q1 2026.
How has Block's bitcoin ecosystem revenue — cost of revenue changed year-over-year?
Block's bitcoin ecosystem revenue — cost of revenue decreased by 22.8% year-over-year, from $2.24B to $1.73B.
What does bitcoin ecosystem revenue — cost of revenue mean?
This metric represents the direct costs associated with acquiring the Bitcoin sold to customers, primarily consisting of the purchase price of the cryptocurrency. It is a critical measure for understanding the gross margin profile of the Bitcoin-related business segment. Monitoring this cost helps assess the efficiency of the company's crypto-asset procurement and transaction processing operations.