Block, Inc. (XYZ) FY2024 YTD Q3 P&L / Income Statement

Block, Inc. (XYZ) FY2024 YTD Q3 P&L / Income Statement

Income statement for 2024-01-01 through 2024-09-30. View: Product and service. Revenue and costs use their disclosed categories.

Revenue

18,088,492,000 US dollars

Total cost of revenue

11,510,854,000 US dollars

Gross profit

6,577,638,000 US dollars

Operating expenses (calculated)

5,698,324,000 US dollars

Operating income (loss)

879,314,000 US dollars

Other income (expense), net (calculated)

200,046,000 US dollars

Income (loss) before income tax

1,079,360,000 US dollars

Provision for income taxes

137,532,000 US dollars

Net income (loss)

941,828,000 US dollars

Transaction-based revenue

4,936,597,000 US dollars

Subscription and services based revenue

5,268,120,000 US dollars

Hardware revenue

112,300,000 US dollars

Bitcoin revenue

7,771,475,000 US dollars

Transaction-based cost of revenue

2,884,696,000 US dollars

Subscription and services based cost of revenue

832,755,000 US dollars

Hardware cost of revenue

181,185,000 US dollars

Bitcoin cost of revenue

7,559,416,000 US dollars

Amortization of acquired technology assets

52,802,000 US dollars

Transaction, loan, and consumer receivable losses

549,603,000 US dollars

General and administrative

1,420,683,000 US dollars

Product development

2,144,720,000 US dollars

Amortization of customer and other acquired intangible assets

120,116,000 US dollars

Sales and marketing

1,463,202,000 US dollars

Chart connections

• Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
• Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
• Of which attributable to Block, Inc.: $951.03 M; to noncontrolling interests: −$9.20 M.