Block, Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $1.31B | $2.90B | $9.8M | $-540.7M | $166.3M | $213.1M | $375.4M | $-38.5M |
| Depreciation & Amortization | $369.5M | $376.1M | $408.6M | $340.5M | $134.8M | $84.2M | $75.6M | $61.0M |
| Depreciation | $177.0M | $153.1M | $172.8M | $131.5M | $94.2M | $65.0M | $60.6M | $46.8M |
| Amortization | $135.7M | $154.7M | $174.0M | $138.8M | $15.7M | $3.9M | — | — |
| Stock-Based Compensation | $1.22B | $1.27B | $1.28B | $1.07B | $608.0M | $397.8M | $297.9M | $216.9M |
| Net Cash from Operating Activities | $2.58B | $1.71B | $101.0M | $175.9M | $847.8M | $173.1M | $327.6M | $295.1M |
| Investing Activities | ||||||||
| Capital Expenditures | $155.0M | $153.9M | $151.2M | $170.8M | $134.3M | $138.4M | $62.5M | $61.2M |
| Business Acquisitions | — | — | $5.0M | — | $164.0M | $79.2M | $20.4M | $112.4M |
| Net Cash from Investing Activities | $-2.80B | $650.0M | $683.2M | $1.23B | $-1.31B | $-606.6M | $95.2M | $-905.8M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | $2.33B | $1.17B | $156.8M | $0 | $0 | — | — | — |
| Net Cash from Financing Activities | $-613.1M | $1.95B | $-240.1M | $97.6M | $2.65B | $3.68B | $243.4M | $515.8M |
| Net Change in Cash | $-749.2M | $4.22B | $573.2M | $1.46B | $2.18B | $3.26B | $670.1M | $-102.2M |
| Free Cash Flow | $2.42B | $1.55B | $-50.2M | $5.1M | $713.5M | $34.7M | $265.1M | $233.9M |