Block, Inc. (XYZ) FY2025 Q3 P&L / Income Statement
2025-07-01 to 2025-09-30
Revenue by Business Segment
2025-07-01 to 2025-09-30
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Block, Inc. (XYZ) FY2025 Q3 P&L / Income Statement
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.
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- 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.

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Gross margin
43.5%
Gross profit / revenue
Operating margin
6.7%
Operating profit / revenue
Cash conversion
314.4%
Operating cash / net income, same period
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