Block, Inc. income statement & cash flow
In the fiscal year ended Dec 31, 2025, Block, Inc. reported net income of $1.31B on revenue of $24.19B. Operating cash flow was $2.58B and capital expenditures were $155.04M, leaving $2.42B of free cash flow (operating cash flow minus capital expenditures).
Income statement and cash flow summary
| Fiscal year ended | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.71B | $2.21B | $3.30B | $4.71B | $9.50B | $17.66B | $17.53B | $21.92B | $24.12B | $24.19B |
| Gross profit | $576.04M | $839.31M | $1.30B | $1.89B | $2.73B | $4.42B | $5.99B | $7.50B | $8.89B | $10.36B |
| Operating income | −$170.45M | −$54.21M | −$36.61M | $26.56M | −$18.82M | $161.11M | −$624.53M | −$278.84M | $892.33M | $1.71B |
| Net income | −$171.59M | −$62.81M | −$38.45M | $375.45M | $213.10M | $166.28M | −$540.75M | $9.77M | $2.90B | $1.31B |
| Diluted EPS | −$0.50 | −$0.17 | −$0.09 | $0.81 | $0.44 | $0.33 | −$0.93 | $0.02 | $4.56 | $2.10 |
| Operating cash flow | $23.13M | $127.71M | $295.08M | $327.63M | $173.11M | $847.83M | $175.90M | $100.96M | $1.71B | $2.58B |
| Capital expenditures | $25.43M | $26.10M | $61.20M | $62.50M | $138.40M | $134.32M | $170.81M | $151.15M | $153.95M | $155.04M |
| Reported in | 10-K 2019 | 10-K 2020 | 10-K 2021 | 10-K 2022 | 10-K 2023 | 10-K 2024 | 10-K 2025 | 10-K 2026 | 10-K 2026 | 10-K 2026 |
Margins
Each figure divided by revenue for the same fiscal year.
| Fiscal year ended | Gross margin | Operating margin | Net margin |
|---|---|---|---|
| Dec 2025 | 42.8% | 7.1% | 5.4% |
| Dec 2024 | 36.9% | 3.7% | 12.0% |
| Dec 2023 | 34.2% | -1.3% | 0.0% |
| Dec 2022 | 34.2% | -3.6% | -3.1% |
| Dec 2021 | 25.0% | 0.9% | 0.9% |
Source: SEC EDGAR XBRL company facts for CIK 1512673 (raw data). Most recent filing in this dataset: 10-Q filed Nov 3, 2026. SEC data file dated Nov 3, 2026; page built Nov 5, 2026. Figures are as most recently reported, including restatements. How we select figures.