Block XYZ Square — Gross Profit
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Where this comes from
Reported directly by Block in its filing.
Tagged under the XBRL concept us-gaap:GrossProfit.
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 square — gross profit?
- Block (XYZ) reported square — gross profit of $981.55M in Q1 2026.
- How has Block's square — gross profit changed year-over-year?
- Block's square — gross profit increased by 9.3% year-over-year, from $897.9M to $981.55M.
- What is the long-term trend for Block's square — gross profit?
- Over 4 years (2021 to 2025), Block's square — gross profit has grown at a 14.2% compound annual growth rate (CAGR), from $2.32B to $3.94B.
- What does square — gross profit mean?
- This represents the residual profit after deducting the direct cost of revenue from the total revenue generated by the Square segment. It measures the fundamental profitability of the merchant services business before accounting for corporate overhead, marketing, or product development. This is a key performance indicator for the underlying unit economics of the Square ecosystem.