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: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated 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

Cash App

15,425,043,000 US dollars

Square

8,451,911,000 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

Revenue before reconciliation (calculated)

23,876,954,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.

Corporate and Other

316,729,000 US dollars. Reported reconciliation to consolidated revenue.

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.
• Reported revenue categories plus the separately reported signed reconciliation equals consolidated revenue.
• Of which attributable to BLOCK, INC.: $1.31 B; to noncontrolling interests: −$1.43 M.