Block, Inc. (XYZ) Financial Statements
Block financial statements at a glance
Block reported revenue of $24.19 billion for fiscal year 2025 (ended December 31, 2025), up 0.3% from fiscal year 2024. Net income was $1.31 billion, a net margin of 5.4%, and diluted earnings per share were $2.10.
At the end of fiscal year 2025 it had total assets of $39.55 billion, total liabilities of $17.38 billion and shareholders' equity of $22.20 billion, with cash and short-term investments of $11.96 billion and total debt of $8.97 billion.
Its operations brought in $2.58 billion of cash; capital spending was $155.04 million, leaving free cash flow of $2.42 billion.
The tables below show the income statement, balance sheet and cash flow statement; the key figures of the last 5 fiscal years are at the bottom of the page.
Figures from company filings, in USD; latest fiscal year ended December 31, 2025.
Block, Inc.
Income Statement
Annual • USD
Block key figures by fiscal year
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Revenue | $24.2B | $24.1B | $21.9B | $17.5B | $17.7B |
| Gross profit | $10.4B | $8.9B | $7.5B | $6.0B | $4.4B |
| Operating income | $3.0B | $1.7B | $381.8M | -$27.3M | $420.2M |
| Net income | $1.3B | $2.9B | $9.8M | -$540.7M | $166.3M |
| Diluted EPS | $2.10 | $4.56 | $0.02 | -$0.93 | $0.33 |
| Total assets | $39.5B | $36.8B | $33.0B | $31.4B | $13.9B |
| Total liabilities | $17.4B | $15.5B | $14.3B | $14.1B | $10.6B |
| Shareholders' equity | $22.2B | $21.3B | $18.7B | $17.2B | $3.3B |
| Cash and short-term investments | $12.0B | $12.7B | $9.4B | $8.8B | $8.1B |
| Total debt | $9.0B | $7.9B | $6.1B | $6.3B | $5.5B |
| Operating cash flow | $2.6B | $1.7B | $101.0M | $175.9M | $847.8M |
| Capital spending | $155.0M | $153.9M | $151.2M | $170.8M | $304.3M |
| Free cash flow | $2.4B | $1.6B | -$50.2M | $5.1M | $543.5M |
In USD. Fiscal years as reported by the company; statements on this page go back to fiscal year 2020.
Questions and answers
What was Block's revenue in fiscal year 2025?
$24.19 billion, up 0.3% from $24.12 billion in fiscal year 2024.
How much profit does Block make?
Block reported net income of $1.31 billion for fiscal year 2025 (5.4% of revenue); operating income was $3.05 billion.
How much cash and debt does Block have?
At the end of fiscal year 2025: cash and short-term investments of $11.96 billion and total debt of $8.97 billion.
What is Block's free cash flow?
$2.42 billion in fiscal year 2025 (operating cash flow of $2.58 billion minus capital spending of $155.04 million).
