Block, Inc.
Income Statement
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $6.62B | $6.06B | $6.25B | $6.11B | $6.05B | $5.77B | $6.03B | $5.98B |
| Cost of Revenue | $3.45B | $3.15B | $3.38B | $3.45B | $3.52B | $3.48B | $3.72B | $3.73B |
| Gross Profit | $3.17B | $2.91B | $2.87B | $2.66B | $2.54B | $2.29B | $2.31B | $2.25B |
| Gross Margin | 47.8% | 48.0% | 45.9% | 43.5% | 41.9% | 39.7% | 38.3% | 37.6% |
| Operating Expenses | ||||||||
| Research & Development | $608.7M | $1.04B | $710.7M | $711.2M | $725.3M | $760.7M | $769.7M | $711.0M |
| SG&A Expense | $825.9M | $857.6M | $512.6M | $544.0M | $449.2M | $491.8M | $728.4M | $475.9M |
| Operating Income | $446.9M | $-172.0M | $485.4M | $409.4M | $484.3M | $329.3M | $13.0M | $323.0M |
| Operating Margin | 6.8% | -2.8% | 7.8% | 6.7% | 8.0% | 5.7% | 0.2% | 5.4% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $301.5M | $-392.6M | $202.0M | $601.5M | $659.4M | $227.1M | $277.8M | $324.1M |
| Income Tax Expense | $214.4M | $-84.0M | $86.4M | $139.9M | $121.0M | $38.3M | $-1.30B | $43.0M |
| Net Income | $88.5M | $-308.7M | $115.8M | $461.5M | $538.5M | $189.9M | $1.95B | $283.8M |
| Net Margin | 1.3% | -5.1% | 1.9% | 7.5% | 8.9% | 3.3% | 32.3% | 4.7% |
| EPS (Basic) | $0.15 | $-0.52 | $0.18 | $0.76 | $0.88 | $0.31 | $3.15 | $0.46 |
| EPS (Diluted) | $0.15 | $-0.52 | $0.19 | $0.74 | $0.87 | $0.30 | $3.06 | $0.45 |
| Shares Outstanding (Basic) | 597.8M | 597.6M | 612.2M | 610.2M | 612.9M | 619.4M | 617.0M | 616.4M |
| Shares Outstanding (Diluted) | 608.8M | 597.6M | 622.8M | 621.7M | 618.9M | 635.3M | 636.4M | 632.8M |
| Dividends Per Share | — | — | — | — | — | — | — | — |