Block Inc. (SQ) Financials
Income statement, balance sheet, and financial data
Annual Financials
| Metric | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | 24.1B | 21.9B | 17.5B | 17.7B | 9.5B |
| Cost of Revenue | 15.2B | 14.4B | 11.5B | 13.2B | 6.8B |
| Gross Profit | 8.9B | 7.5B | 6B | 4.4B | 2.7B |
| Operating Income | 892.3M | -278.8M | -624.5M | 161.1M | -18.8M |
| Net Income | 2.9B | 9.8M | -540.7M | 166.3M | 213.1M |
| EPS (Basic) | $4.70 | $0.02 | $-0.93 | $0.36 | $0.48 |
| EPS (Diluted) | $4.56 | $0.02 | $-0.93 | $0.33 | $0.44 |
| Balance Sheet | |||||
| Total Assets | 36.8B | 34.1B | 31.4B | 13.9B | 9.9B |
| Total Liabilities | 15.5B | 15.4B | 14.1B | 10.6B | 7.2B |
| Stockholders' Equity | 21.3B | 18.7B | 17.2B | 3.3B | 2.7B |
| Cash & Equivalents | 8.1B | 5B | 4.5B | 4.4B | 3.2B |
| Total Debt | — | — | — | — | — |
Quarterly Financials
| Metric | Q3 2025 | Q2 2025 | Q1 2025 | Q1 2025 | Q3 2024 | Q2 2024 | Q1 2024 | Q1 2024 |
|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||
| Revenue | 17.9B | 11.8B | 5.8B | — | 18.1B | 12.1B | 6B | — |
| Cost of Revenue | 10.5B | 7B | 3.5B | — | 11.5B | 7.8B | 3.9B | — |
| Gross Profit | 7.5B | 4.8B | 2.3B | — | 6.6B | 4.3B | 2.1B | — |
| Operating Income | 1.2B | 813.6M | 329.3M | — | 879.3M | 556.3M | 249.7M | — |
| Net Income | 1.2B | 728.3M | 189.9M | — | 951M | 667.3M | 472M | — |
| EPS (Basic) | $1.94 | $1.18 | $0.31 | — | $1.54 | $1.08 | $0.77 | — |
| EPS (Diluted) | $1.91 | $1.17 | $0.30 | — | $1.50 | $1.05 | $0.74 | — |
| Balance Sheet | ||||||||
| Total Assets | 39.2B | 36.9B | 36.4B | 36.8B | 36.4B | 37.5B | 35.6B | 34.1B |
| Total Liabilities | 16.7B | 14.7B | 15B | 15.5B | 16.4B | 18.3B | 16.6B | 15.4B |
| Stockholders' Equity | 22.5B | 22.2B | 21.5B | 21.3B | 19.9B | 19.3B | 19B | 18.7B |
| Cash & Equivalents | 8.3B | 6.4B | 7.1B | 8.1B | 8.3B | 7.8B | 5.8B | 5B |
| Total Debt | 7.3B | 5.1B | 5.1B | 6.1B | 6.1B | 6.1B | 4.1B | 4.1B |