# Block, Inc. (XYZ) FY2025 Q3 P&L / Income Statement

- Company: Block, Inc. (XYZ)
- Period: 2025-07-01 to 2025-09-30
- Filing: Q3 FY2025 10-Q, filed 2025-11-06, accession number 0001628280-25-050234
- Page: https://plicit.ai/financials/xyz/fy2025-q3-income-statement
- Chart image: https://plicit.ai/charts/xyz-fy2025-q3-income-statement-sankey.png

## Chart details: Revenue by Product and Service

Income statement for 2025-07-01 through 2025-09-30. View: Product and service. Revenue and costs use their disclosed categories.

- **Revenue**: 6,114,952,000 US dollars
- **Total cost of revenue**: 3,453,382,000 US dollars
- **Gross profit**: 2,661,570,000 US dollars
- **Operating expenses (calculated)**: 2,252,130,000 US dollars
- **Operating income**: 409,440,000 US dollars
- **Other income (expense), net (calculated)**: 192,086,000 US dollars
- **Income before income tax**: 601,526,000 US dollars
- **Provision for income taxes**: 139,928,000 US dollars
- **Net income**: 461,598,000 US dollars
- **Transaction-based revenue revenue**: 1,873,477,000 US dollars
- **Subscription and services-based revenue revenue**: 2,204,889,000 US dollars
- **Hardware revenue revenue**: 70,192,000 US dollars
- **Bitcoin revenue revenue**: 1,966,394,000 US dollars
- **Transaction-based revenue cost of revenue**: 1,141,900,000 US dollars
- **Subscription and services-based revenue cost of revenue**: 299,554,000 US dollars
- **Hardware revenue cost of revenue**: 103,304,000 US dollars
- **Bitcoin revenue cost of revenue**: 1,894,767,000 US dollars
- **Amortization of acquired technology assets**: 13,857,000 US dollars
- **Transaction, loan, and consumer receivable losses**: 363,455,000 US dollars
- **General and administrative**: 543,974,000 US dollars
- **Product development**: 711,235,000 US dollars
- **Amortization of customer and other acquired intangible assets**: 34,133,000 US dollars
- **Sales and marketing**: 599,333,000 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.: $461.54 M; to noncontrolling interests: $54.00 K.

## Chart details: Revenue by Geography

- Page: https://plicit.ai/financials/xyz/fy2025-q3-income-statement/revenue-by-geography
- Chart image: https://plicit.ai/charts/xyz-fy2025-q3-revenue-by-geography-sankey.png

Income statement for 2025-07-01 through 2025-09-30. View: Geography. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Revenue**: 6,114,952,000 US dollars
- **Total cost of revenue**: 3,453,382,000 US dollars
- **Gross profit**: 2,661,570,000 US dollars
- **Operating expenses (calculated)**: 2,252,130,000 US dollars
- **Operating income**: 409,440,000 US dollars
- **Other income (expense), net (calculated)**: 192,086,000 US dollars
- **Income before income tax**: 601,526,000 US dollars
- **Provision for income taxes**: 139,928,000 US dollars
- **Net income**: 461,598,000 US dollars
- **UNITED STATES**: 5,584,897,000 US dollars
- **International**: 530,055,000 US dollars
- **Transaction, loan, and consumer receivable losses**: 363,455,000 US dollars
- **General and administrative**: 543,974,000 US dollars
- **Product development**: 711,235,000 US dollars
- **Amortization of customer and other acquired intangible assets**: 34,133,000 US dollars
- **Sales and marketing**: 599,333,000 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.: $461.54 M; to noncontrolling interests: $54.00 K.

## Chart details: Revenue by Business Segment

- Page: https://plicit.ai/financials/xyz/fy2025-q3-income-statement/revenue-by-business-segment
- Chart image: https://plicit.ai/charts/xyz-fy2025-q3-revenue-by-business-segment-sankey.png

Income statement for 2025-07-01 through 2025-09-30. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Revenue**: 6,114,952,000 US dollars
- **Total cost of revenue**: 3,453,382,000 US dollars
- **Gross profit**: 2,661,570,000 US dollars
- **Operating expenses (calculated)**: 2,252,130,000 US dollars
- **Operating income**: 409,440,000 US dollars
- **Other income (expense), net (calculated)**: 192,086,000 US dollars
- **Income before income tax**: 601,526,000 US dollars
- **Provision for income taxes**: 139,928,000 US dollars
- **Net income**: 461,598,000 US dollars
- **Cash App**: 3,799,501,000 US dollars
- **Square**: 2,240,846,000 US dollars
- **Transaction, loan, and consumer receivable losses**: 363,455,000 US dollars
- **General and administrative**: 543,974,000 US dollars
- **Product development**: 711,235,000 US dollars
- **Amortization of customer and other acquired intangible assets**: 34,133,000 US dollars
- **Sales and marketing**: 599,333,000 US dollars
- **Revenue before reconciliation (calculated)**: 6,040,347,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.
- **Corporate and Other**: 74,605,000 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.: $461.54 M; to noncontrolling interests: $54.00 K.