Block Inc (BSQKZ) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Aug 31, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q2 FY2026, filed Aug 5, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the BSQKZ SEC filings page.
Block Inc (BSQKZ) reported $25.0B in revenue over the twelve months to Jun 30, 2026, up 5.1% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 12 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Block’s dominant mechanic is margin expansion turning nearly flat revenue into stronger cash generation and internally funded shareholder distributions.
From FY2024 to FY2025, revenue was essentially flat, yet gross margin widened to42.8% and operating margin to7.1% , showing that the earnings step-up came from improved economics per dollar of sales rather than volume. Operating cash flow rose to$2.6B while free cash flow reached$2.4B , so the improvement was accompanied by cash conversion instead of resting mainly on non-cash accounting effects.
The balance sheet’s short-term cushion remained substantial at a 2.2x current ratio, while debt-to-equity was only 0.3x despite higher long-term borrowing; this points to borrowing that remains modest relative to equity. FY2025 buybacks of
Goodwill of
Financial Health Signals
Block Inc does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
Block Inc scores 2.96, placing it in the grey zone between 1.81 and 2.99. The score is driven primarily by a large market capitalization ($49.3B) relative to total liabilities ($17.4B). This signals moderate financial risk that warrants monitoring.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Block Inc passes 4 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 3 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), 1 of 2 efficiency signals pass.
For every $1 of reported earnings, Block Inc generates $1.98 in operating cash flow ($2.6B OCF vs $1.3B net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Block Inc earns $6.66 in operating income for every $1 of interest expense ($1.7B vs $256.4M). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.
Key Financial Metrics
Earnings & Revenue
Block Inc generated $6.6B in revenue in Q2 2026. This represents an increase of 9.3% from the same quarter a year earlier. Against the prior quarter it is up 9.3%.
Block Inc's EBITDA was $541.9M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 6.0% from the same quarter a year earlier. Against the prior quarter it is up 812.9%.
Block Inc reported $88.5M in net income in Q2 2026. This represents a decrease of 83.6% from the same quarter a year earlier. Against the prior quarter it is up 128.7%.
Block Inc earned $0.15 per diluted share (EPS) in Q2 2026. This represents a decrease of 82.8% from the same quarter a year earlier. Against the prior quarter it is up 128.8%.
Cash & Balance Sheet
Block Inc generated $966.6M in free cash flow in Q2 2026, representing cash available after capex. This represents an increase of 181.8% from the same quarter a year earlier. Against the prior quarter it is up 3.4%.
Block Inc held $6.4B in cash against $5.7B in long-term debt as of Q2 2026.
Not reported for Q2 2026.
Margins & Returns
Block Inc's gross margin was 47.8% in Q2 2026, indicating the percentage of revenue retained after direct costs. This is up 5.9 percentage points from the same quarter a year earlier. Against the prior quarter it is down 0.2 percentage points.
Block Inc's operating margin was 6.8% in Q2 2026, reflecting core business profitability. This is down 1.2 percentage points from the same quarter a year earlier. Against the prior quarter it is up 9.6 percentage points.
Block Inc's net profit margin was 1.3% in Q2 2026, showing the share of revenue converted to profit. This is down 7.6 percentage points from the same quarter a year earlier. Against the prior quarter it is up 6.4 percentage points.
Block Inc's ROE was 0.4% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is down 2.0 percentage points from the same quarter a year earlier. Against the prior quarter it is up 1.8 percentage points.
Capital Allocation
Block Inc invested $608.7M in research and development in Q2 2026. This represents a decrease of 16.1% from the same quarter a year earlier. Against the prior quarter it is down 41.4%.
Block Inc spent $64.9M on share buybacks in Q2 2026, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 90.6% from the same quarter a year earlier. Against the prior quarter it is down 89.8%.
Block Inc invested $53.2M in capex in Q2 2026, funding long-term assets and infrastructure. This represents an increase of 70.0% from the same quarter a year earlier. Against the prior quarter it is up 74.0%.
BSQKZ Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $6.6B+9.3% | $6.1B+4.9% | $6.3B+3.6% | $6.1B+2.3% | $6.1B-1.6% | $5.8B-3.1% | $6.0B+4.5% | $6.0B+6.4% |
| Cost of Revenue | $3.5B-1.9% | $3.1B-9.6% | $3.4B-9.2% | $3.5B-7.3% | $3.5B-10.3% | $3.5B-9.8% | $3.7B-0.7% | $3.7B+0.2% |
| Gross Profit | $3.2B+24.8% | $2.9B+27.1% | $2.9B+24.3% | $2.7B+18.3% | $2.5B+13.6% | $2.3B+9.3% | $2.3B+14.1% | $2.2B+18.5% |
| R&D Expenses | $608.7M-16.1% | $1.0B+36.6% | $710.7M-7.7% | $711.2M0.0% | $725.3M+1.7% | $760.7M+5.6% | $769.7M+12.3% | $711.0M-0.4% |
| SG&A Expenses | $825.9M+83.8% | $857.6M+74.4% | $512.6M-29.6% | $544.0M+14.3% | $449.2M-5.1% | $491.8M+4.4% | $728.4M-2.4% | $475.9M-1.0% |
| Operating Income | $446.9M-7.7% | -$172.0M-152.2% | $485.4M+3629.9% | $409.4M+26.8% | $484.3M+58.0% | $329.3M+31.9% | $13.0M+110.0% | $323.0M+3360.1% |
| EBITDA | $541.9M-6.0% | -$76.0M-118.2% | $581.4M+470.6% | $501.6M+20.6% | $576.7M+42.9% | $418.3M+20.4% | $101.9M+502.3% | $415.7M+293.6% |
| Income Tax | $214.4M+77.1% | -$84.0M-319.1% | $86.4M+106.6% | $139.9M+225.3% | $121.0M+105.1% | $38.3M+8.0% | -$1.3B-2070.8% | $43.0M-47.0% |
| Net Income | $88.5M-83.6% | -$308.7M-262.6% | $115.8M-94.1% | $461.5M+62.7% | $538.5M+175.8% | $189.9M-59.8% | $1.9B+1803.5% | $283.8M+419.8% |
| EPS (Basic) | $0.15-83.0% | -$0.52-267.7% | $0.19-94.0% | $0.76+65.2% | $0.88+175.0% | $0.31-59.7% | $3.16+1758.8% | $0.46+406.7% |
| EPS (Diluted) | $0.15-82.8% | -$0.52-273.3% | $0.19-93.8% | $0.74+64.4% | $0.87+180.6% | $0.30-59.5% | $3.06+1700.0% | $0.45+400.0% |
| Diluted Shares (Avg) | 609M-1.6% | 598M-5.9% | N/A | 622M-1.8% | 619M-2.4% | 635M-0.3% | N/A | 633M+3.5% |
Not reported in any period shown, so not listed: Interest Expense.
BSQKZ Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $39.2B+6.2% | $40.0B+9.9% | $39.5B+7.5% | $39.2B+7.8% | $36.9B-1.8% | $36.4B+2.2% | $36.8B+11.3% | $36.4B+11.7% |
| Current Assets | $23.1B+17.4% | $23.8B+20.6% | $22.9B+15.0% | $22.1B+6.2% | $19.7B-11.6% | $19.7B-4.0% | $19.9B+11.6% | $20.8B+18.4% |
| Cash & Equivalents | $6.4B+0.7% | $6.9B-3.3% | $6.6B-18.7% | $8.3B+0.4% | $6.4B-18.1% | $7.1B+23.2% | $8.1B+61.6% | $8.3B+62.3% |
| Short-Term Investments | $310.8M-0.8% | $462.6M+30.4% | $517.8M+28.3% | $370.8M-26.6% | $313.4M-52.4% | $354.8M-38.1% | $403.4M-52.6% | $505.0M-56.5% |
| Inventory | $198.9M+44.0% | $174.3M+60.2% | $158.3M+50.8% | $166.6M+41.0% | $138.1M+31.9% | $108.8M-8.9% | $105.0M-4.6% | $118.1M+22.6% |
| Accounts Receivable | $194.4M+22.3% | $242.5M+45.3% | $238.2M+60.0% | $176.5M+18.5% | $159.0M+5.6% | $166.9M+12.7% | $148.9M+10.4% | $148.9M+16.9% |
| Long-Term Investments | $225.4M+14.7% | $154.6M-43.5% | $188.9M-60.0% | $176.8M-59.1% | $196.6M-45.7% | $273.6M+45.6% | $472.0M+87.9% | $432.2M+1.4% |
| Goodwill | $12.0B+1.3% | $12.0B+3.9% | $11.8B+3.8% | $11.8B-2.0% | $11.8B0.0% | $11.5B-1.9% | $11.4B-4.2% | $12.0B+2.5% |
| Total Liabilities | $17.1B+16.4% | $18.3B+22.4% | $17.4B+11.8% | $16.7B+1.6% | $14.7B-19.3% | $15.0B-10.1% | $15.5B+8.4% | $16.4B+11.7% |
| Current Liabilities | $10.5B+4.0% | $12.0B+37.8% | $10.4B+21.5% | $10.1B+0.7% | $10.1B-17.7% | $8.7B-30.5% | $8.5B-3.8% | $10.0B+9.2% |
| Non-Current Liabilities | $6.7B+42.9% | $6.3B+1.0% | $7.0B0.0% | $6.6B+3.1% | $4.7B-22.6% | $6.3B+51.4% | $7.0B+28.2% | $6.4B+15.8% |
| Long-Term Debt | $5.7B+11.9% | $7.3B+42.8% | $7.3B+19.4% | $7.3B+19.4% | $5.1B-16.2% | $5.1B+23.9% | $6.1B+48.2% | $6.1B |
| Total Equity | $22.0B-0.5% | $21.7B+1.1% | $22.2B+4.4% | $22.5B+13.0% | $22.2B+14.8% | $21.5B+13.2% | $21.3B+13.8% | $19.9B+11.8% |
| Retained Earnings | $3.5B+11.5% | $3.4B+31.5% | $3.7B+55.1% | $3.6B+742.1% | $3.1B+2130.5% | $2.6B+4634.4% | $2.4B+548.2% | $422.6M+157.3% |
BSQKZ Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $1.0B+172.4% | $965.6M+624.2% | $621.0M+4400.0% | $1.5B+111.9% | $374.3M-27.9% | $133.3M-72.8% | $13.8M+101.7% | $684.8M+39.4% |
| Depreciation & Amortization | $95.1M+2.9% | $96.0M+7.9% | $96.1M+8.1% | $92.1M-0.6% | $92.4M-4.7% | $88.9M-8.9% | $88.9M-15.6% | $92.7M-19.7% |
| Stock-Based Compensation | $259.8M-12.6% | $338.7M+7.4% | N/A | $309.4M-4.5% | $297.3M-7.2% | $315.2M+1.3% | N/A | $324.1M-6.3% |
| Capital Expenditures | $53.2M+70.0% | $30.6M-4.1% | $41.2M+52.6% | $50.6M-10.5% | $31.3M-18.4% | $31.9M-0.4% | $27.0M-47.8% | $56.6M+50.2% |
| Free Cash Flow | $966.6M+181.8% | $935.0M+821.6% | $579.8M+4494.8% | $1.4B+122.9% | $343.0M-28.7% | $101.5M-77.8% | -$13.2M+98.4% | $628.2M+38.5% |
| Investing Cash Flow | -$306.4M+36.9% | $300.0M-67.2% | -$2.1B-559.2% | -$1.1B-1141.4% | -$485.8M-177.6% | $914.7M-12.2% | -$323.2M-216.1% | $105.7M+160.8% |
| Financing Cash Flow | -$1.4B-49.4% | -$251.9M+79.2% | $39.8M-94.4% | $1.5B+1944.1% | -$907.8M-179.6% | -$1.2B-3838.6% | $707.6M-11.6% | $71.7M+122.5% |
| Share Buybacks | $64.9M-90.6% | $636.0M+42.8% | $790.1M+331.4% | $403.0M+16.6% | $692.2M+77.7% | $445.3M+76.6% | $183.2M+16.8% | $345.6M |
Not reported in any period shown, so not listed: Dividends Paid.
BSQKZ Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 47.8%+5.9pp | 48.0%+8.4pp | 45.9%+7.6pp | 43.5%+5.9pp | 41.9%+5.6pp | 39.7%+4.5pp | 38.3%+3.2pp | 37.6%+3.8pp |
| Operating Margin | 6.8%-1.2pp | -2.8%-8.5pp | 7.8%+7.5pp | 6.7%+1.3pp | 8.0%+3.0pp | 5.7%+1.5pp | 0.2%+2.5pp | 5.4%+5.6pp |
| Net Margin | 1.3%-7.6pp | -5.1%-8.4pp | 1.8%-30.4pp | 7.5%+2.8pp | 8.9%+5.7pp | 3.3%-4.6pp | 32.3%+30.5pp | 4.8%+6.3pp |
| Return on Equity | 0.4%-2.0pp | -1.4%-2.3pp | 0.5%-8.6pp | 2.1%+0.6pp | 2.4%+1.4pp | 0.9%-1.6pp | 9.2%+8.6pp | 1.4%+1.9pp |
| Return on Assets | 0.2%-1.2pp | -0.8%-1.3pp | 0.3%-5.0pp | 1.2%+0.4pp | 1.5%+0.9pp | 0.5%-0.8pp | 5.3%+5.0pp | 0.8%+1.0pp |
| Current Ratio | 2.21+0.3x | 1.99-0.3x | 2.20-0.1x | 2.18+0.1x | 1.96+0.1x | 2.27+0.6x | 2.33+0.3x | 2.07+0.2x |
| Debt-to-Equity | 0.260.0x | 0.34+0.1x | 0.330.0x | 0.320.0x | 0.23-0.1x | 0.240.0x | 0.29+0.1x | 0.31-0.5x |
| Asset Turnover | 0.170.0x | 0.150.0x | 0.160.0x | 0.160.0x | 0.160.0x | 0.160.0x | 0.160.0x | 0.160.0x |
| FCF Margin | 14.6%+8.9pp | 15.4%+13.7pp | 9.3%+9.5pp | 22.9%+12.4pp | 5.7%-2.1pp | 1.8%-5.9pp | -0.2%+14.5pp | 10.5%+2.4pp |
Where Block Inc Ranks
Frequently Asked Questions
What is Block Inc's annual revenue?
Block Inc (BSQKZ) reported $24.2B in total revenue for fiscal year 2025. This represents a 0.3% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Block Inc's revenue growing?
Block Inc (BSQKZ) revenue grew by 0.3% year-over-year, from $24.1B to $24.2B in fiscal year 2025.
Is Block Inc profitable?
Yes, Block Inc (BSQKZ) reported a net income of $1.3B in fiscal year 2025, with a net profit margin of 5.4%.
What is Block Inc's EBITDA?
Block Inc (BSQKZ) had EBITDA of $2.1B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Block Inc have?
As of fiscal year 2025, Block Inc (BSQKZ) had $6.6B in cash and equivalents against $7.3B in long-term debt.
What is Block Inc's gross margin?
Block Inc (BSQKZ) had a gross margin of 42.8% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Block Inc's operating margin?
Block Inc (BSQKZ) had an operating margin of 7.1% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Block Inc's net profit margin?
Block Inc (BSQKZ) had a net profit margin of 5.4% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Block Inc's return on equity (ROE)?
Block Inc (BSQKZ) has a return on equity of 5.9% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Block Inc's free cash flow?
Block Inc (BSQKZ) generated $2.4B in free cash flow during fiscal year 2025. This represents a 56.1% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Block Inc's operating cash flow?
Block Inc (BSQKZ) generated $2.6B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Block Inc's total assets?
Block Inc (BSQKZ) had $39.5B in total assets as of fiscal year 2025, including both current and long-term assets.
What are Block Inc's capital expenditures?
Block Inc (BSQKZ) invested $155.0M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does Block Inc spend on research and development?
Block Inc (BSQKZ) invested $2.9B in research and development during fiscal year 2025.
What is Block Inc's current ratio?
Block Inc (BSQKZ) had a current ratio of 2.20 as of fiscal year 2025, which is generally considered healthy.
What is Block Inc's debt-to-equity ratio?
Block Inc (BSQKZ) had a debt-to-equity ratio of 0.33 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Block Inc's return on assets (ROA)?
Block Inc (BSQKZ) had a return on assets of 3.3% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Block Inc's P/E ratio?
Block Inc (BSQKZ) trades at 138x earnings, its market capitalization divided by net income of $357.1M net income, trailing 12 months to June 30, 2026. The market capitalization is $49.3B as of Aug 31, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Block Inc's price-to-sales ratio?
Block Inc (BSQKZ) trades at 2.0x sales, its market capitalization divided by revenue of $25.0B revenue, trailing 12 months to June 30, 2026. The market capitalization is $49.3B as of Aug 31, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Block Inc's Altman Z-Score?
Block Inc (BSQKZ) has an Altman Z-Score of 2.96, placing it in the Grey Zone (moderate risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Block Inc's Piotroski F-Score?
Block Inc (BSQKZ) has a Piotroski F-Score of 4 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Block Inc's earnings high quality?
Block Inc (BSQKZ) has an earnings quality ratio of 1.98x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Block Inc cover its interest payments?
Block Inc (BSQKZ) has an interest coverage ratio of 6.66x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.