Discontinued — last reported Q3 '25
Subscription and services-based revenue — Cost of revenue
Block Subscription and services-based revenue — Cost of revenue increased by 0.5% to $299.55M in Q3 2025 compared to the prior quarter. Year-over-year, this metric grew by 10.4%, from $271.29M to $299.55M. Over 3 years (FY 2021 to FY 2024), Subscription and services-based revenue — Cost of revenue shows an upward trend with a 31.8% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
An increase relative to revenue may signal rising infrastructure costs or inefficiencies in service delivery, while a decrease suggests improved operational leverage.
Detailed definition
This metric measures the direct costs associated with delivering subscription and service-based products, including host...
Peer comparison
Comparable to cost of services or cost of subscription revenue reported by software and cloud-based service providers.
xyz_segment_subscription_and_services_based_revenue_cost_of_revenueHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $123.73M | $132.05M | $151.42M | $195.86M | $213.27M | $225.90M | $226.71M | $264.09M | $279.22M | $259.26M | $272.55M | $269.67M | $291.80M | $271.29M | $303.06M | $275.05M | $298.07M | $299.55M |
| QoQ Change | — | +6.7% | +14.7% | +29.4% | +8.9% | +5.9% | +0.4% | +16.5% | +5.7% | -7.1% | +5.1% | -1.1% | +8.2% | -7.0% | +11.7% | -9.2% | +8.4% | +0.5% |
| YoY Change | — | — | — | — | +72.4% | +71.1% | +49.7% | +34.8% | +30.9% | +14.8% | +20.2% | +2.1% | +4.5% | +4.6% | +11.2% | +2.0% | +2.1% | +10.4% |
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Frequently Asked Questions
- What is Block's subscription and services-based revenue — cost of revenue?
- Block (XYZ) reported subscription and services-based revenue — cost of revenue of $299.55M in Q3 2025.
- How has Block's subscription and services-based revenue — cost of revenue changed year-over-year?
- Block's subscription and services-based revenue — cost of revenue increased by 10.4% year-over-year, from $271.29M to $299.55M.
- What is the long-term trend for Block's subscription and services-based revenue — cost of revenue?
- Over 3 years (2021 to 2024), Block's subscription and services-based revenue — cost of revenue has grown at a 31.8% compound annual growth rate (CAGR), from $495.76M to $1.14B.
- What does subscription and services-based revenue — cost of revenue mean?
- The direct expenses incurred to provide and maintain subscription and service-based software products.