What is Block's bitcoin ecosystem revenue — total?

Block (XYZ) reported bitcoin ecosystem revenue — total of $1.8B in Q1 2026.

How has Block's bitcoin ecosystem revenue — total changed year-over-year?

Block's bitcoin ecosystem revenue — total decreased by 22.9% year-over-year, from $2.33B to $1.8B.

What does bitcoin ecosystem revenue — total mean?

This metric represents the total gross revenue generated from the sale of Bitcoin to customers through the company's financial services platform. It reflects the transaction volume and user engagement within the cryptocurrency segment of the business. As a key component of the company's ecosystem, it captures the scale of crypto-asset activity facilitated by the platform.

Block XYZ Bitcoin ecosystem revenue — Total

Other product segments

Commerce enablement revenue

$2.94B—

Financial solutions revenue

$1.32B—

Similar metrics at other companies

INTUOnline Ecosystem — Total net revenue

$2.5B+18.7%

HOODCryptocurrencies — Total transaction-based revenues and other revenues

$134M-46.8%

RIOTBitcoin Mining — Revenue

$111.9M-21.7%

BKKTCrypto services revenue — Revenue

$243.59M-77.1%

GEMINet revenue — Total Revenue

$48.58M+38.3%

BKKTTransaction revenue — Revenue

$243.4M-77.2%

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

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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:Revenues.

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 bitcoin ecosystem revenue — total?: Block (XYZ) reported bitcoin ecosystem revenue — total of $1.8B in Q1 2026.
How has Block's bitcoin ecosystem revenue — total changed year-over-year?: Block's bitcoin ecosystem revenue — total decreased by 22.9% year-over-year, from $2.33B to $1.8B.
What does bitcoin ecosystem revenue — total mean?: This metric represents the total gross revenue generated from the sale of Bitcoin to customers through the company's financial services platform. It reflects the transaction volume and user engagement within the cryptocurrency segment of the business. As a key component of the company's ecosystem, it captures the scale of crypto-asset activity facilitated by the platform.