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Block XYZ Financial solutions revenue — Cost of revenue

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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$46.32B+15.3%
Enterprise value$38.84B+21.8%
P/E57.4×+43.8×
P/S1.9×+0.2×

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

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 →

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Questions, answered.

What is Block's financial solutions revenue — cost of revenue?
Block (XYZ) reported financial solutions revenue — cost of revenue of $89.38M in Q1 2026.
How has Block's financial solutions revenue — cost of revenue changed year-over-year?
Block's financial solutions revenue — cost of revenue increased by 14.7% year-over-year, from $77.92M to $89.38M.
What does financial solutions revenue — cost of revenue mean?
This metric captures the direct costs associated with delivering the financial solutions segment's products and services. It typically includes transaction processing fees, network costs, and direct service delivery expenses. Monitoring this helps evaluate the direct profitability and operational efficiency of the specific financial product line.