BLOCK, INC. (XYZ) FY2025 Annual P&L / Income Statement

BLOCK, INC. (XYZ) FY2025 Annual P&L / Income Statement

Income statement for 2025-01-01 through 2025-12-31. View: Product and service. Revenue and costs use their disclosed categories.

Total net revenue

24,193,683,000 US dollars

Total cost of revenue

13,833,754,000 US dollars

Gross profit

10,359,929,000 US dollars

Operating expenses (calculated)

8,651,523,000 US dollars

Operating income (loss)

1,708,406,000 US dollars

Other income (expense), net (calculated)

negative 18,495,000 US dollars

Income (loss) before income tax

1,689,911,000 US dollars

Total

385,701,000 US dollars

Net income (loss)

1,304,210,000 US dollars

Commerce Enablement revenue

11,514,162,000 US dollars

Financial Solutions revenue

4,176,734,000 US dollars

Bitcoin Ecosystem revenue

8,502,787,000 US dollars

Commerce Enablement cost of revenue

5,353,254,000 US dollars

Financial Solutions cost of revenue

339,878,000 US dollars

Bitcoin Ecosystem cost of revenue

8,083,772,000 US dollars

Amortization of acquired technology assets

56,850,000 US dollars

Amortization of customer and other acquired intangible assets

135,729,000 US dollars

General and administrative

1,997,587,000 US dollars

Product development

2,907,889,000 US dollars

Transaction, loan, and consumer receivable losses

1,337,246,000 US dollars

Sales and marketing

2,273,072,000 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.: $1.31 B; to noncontrolling interests: −$1.43 M.