Cash App — Less: Cost of revenue
Block Cash App — Less: Cost of revenue decreased by 5.2% to $1.96B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 21.5%, from $2.50B to $1.96B. Over 2 years (FY 2023 to FY 2025), Cash App — Less: Cost of revenue shows a downward trend with a -6.3% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
An increase relative to revenue suggests margin compression due to higher processing costs or changes in product mix, while a decrease suggests improved operational efficiency or favorable pricing power.
Detailed definition
This represents the direct costs associated with providing services within the consumer financial ecosystem, including t...
Peer comparison
Comparable to cost of goods sold or direct transaction costs for digital payment and consumer finance segments.
xyz_segment_cash_app_less_cost_of_revenueHistorical Data
| 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 | $2.59B | $2.59B | $2.59B | $2.59B | $2.91B | $2.83B | $2.62B | $2.64B | $2.50B | $2.34B | $2.18B | $2.07B | $1.96B |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +12.5% | -2.9% | -7.3% | +0.7% | -5.4% | -6.2% | -7.2% | -4.8% | -5.2% |
| YoY Change | — | — | — | — | +12.5% | +9.3% | +1.3% | +2.0% | -14.3% | -17.2% | -17.1% | -21.6% | -21.5% |
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Frequently Asked Questions
- What is Block's cash app — less: cost of revenue?
- Block (XYZ) reported cash app — less: cost of revenue of $1.96B in Q1 2026.
- How has Block's cash app — less: cost of revenue changed year-over-year?
- Block's cash app — less: cost of revenue decreased by 21.5% year-over-year, from $2.50B to $1.96B.
- What is the long-term trend for Block's cash app — less: cost of revenue?
- Over 2 years (2023 to 2025), Block's cash app — less: cost of revenue has grown at a -6.3% compound annual growth rate (CAGR), from $10.36B to $9.09B.
- What does cash app — less: cost of revenue mean?
- The direct costs incurred to generate revenue within the consumer financial application segment.