Block Inc.
Profit Margins
| Fiscal Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| FY2014 | 26.6% | -17.7% | -18.1% |
| FY2015 | 29.2% | -13.8% | -14.2% |
| FY2016 | 33.7% | -10.0% | -10.0% |
| FY2017 | 37.9% | -2.4% | -2.8% |
| FY2018 | 39.5% | -1.1% | -1.2% |
| FY2019 | 40.1% | 0.6% | 8.0% |
| FY2020 | 28.8% | -0.2% | 2.2% |
| FY2021 | 25.0% | 0.9% | 0.9% |
| FY2022 | 34.2% | -3.6% | -3.1% |
| FY2023 | 34.2% | -1.3% | 0.0% |