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

- Company: Block, Inc. (XYZ)
- Period: 2025-01-01 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-ytd-q3-income-statement
- Chart image: https://plicit.ai/charts/xyz-fy2025-ytd-q3-income-statement-sankey.png

## Chart details: Revenue by Product and Service

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

- **Revenue**: 17,941,205,000 US dollars
- **Total cost of revenue**: 10,453,502,000 US dollars
- **Gross profit**: 7,487,703,000 US dollars
- **Operating expenses (calculated)**: 6,264,668,000 US dollars
- **Operating income**: 1,223,035,000 US dollars
- **Other income (expense), net (calculated)**: 264,923,000 US dollars
- **Income before income tax**: 1,487,958,000 US dollars
- **Provision for income taxes**: 299,304,000 US dollars
- **Net income**: 1,188,654,000 US dollars
- **Transaction-based revenue revenue**: 5,241,606,000 US dollars
- **Subscription and services-based revenue revenue**: 6,148,466,000 US dollars
- **Hardware revenue revenue**: 139,305,000 US dollars
- **Bitcoin revenue revenue**: 6,411,828,000 US dollars
- **Transaction-based revenue cost of revenue**: 3,111,750,000 US dollars
- **Subscription and services-based revenue cost of revenue**: 872,671,000 US dollars
- **Hardware revenue cost of revenue**: 232,386,000 US dollars
- **Bitcoin revenue cost of revenue**: 6,193,760,000 US dollars
- **Amortization of acquired technology assets**: 42,935,000 US dollars
- **Transaction, loan, and consumer receivable losses**: 827,234,000 US dollars
- **General and administrative**: 1,485,008,000 US dollars
- **Product development**: 2,197,222,000 US dollars
- **Amortization of customer and other acquired intangible assets**: 101,680,000 US dollars
- **Sales and marketing**: 1,653,524,000 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.: $1.19 B; to noncontrolling interests: −$1.22 M.

## Chart details: Revenue by Geography

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

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

- **Revenue**: 17,941,205,000 US dollars
- **Total cost of revenue**: 10,453,502,000 US dollars
- **Gross profit**: 7,487,703,000 US dollars
- **Operating expenses (calculated)**: 6,264,668,000 US dollars
- **Operating income**: 1,223,035,000 US dollars
- **Other income (expense), net (calculated)**: 264,923,000 US dollars
- **Income before income tax**: 1,487,958,000 US dollars
- **Provision for income taxes**: 299,304,000 US dollars
- **Net income**: 1,188,654,000 US dollars
- **UNITED STATES**: 16,494,950,000 US dollars
- **International**: 1,446,255,000 US dollars
- **Transaction, loan, and consumer receivable losses**: 827,234,000 US dollars
- **General and administrative**: 1,485,008,000 US dollars
- **Product development**: 2,197,222,000 US dollars
- **Amortization of customer and other acquired intangible assets**: 101,680,000 US dollars
- **Sales and marketing**: 1,653,524,000 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.: $1.19 B; to noncontrolling interests: −$1.22 M.

## Chart details: Revenue by Business Segment

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

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

- **Revenue**: 17,941,205,000 US dollars
- **Total cost of revenue**: 10,453,502,000 US dollars
- **Gross profit**: 7,487,703,000 US dollars
- **Operating expenses (calculated)**: 6,264,668,000 US dollars
- **Operating income**: 1,223,035,000 US dollars
- **Other income (expense), net (calculated)**: 264,923,000 US dollars
- **Income before income tax**: 1,487,958,000 US dollars
- **Provision for income taxes**: 299,304,000 US dollars
- **Net income**: 1,188,654,000 US dollars
- **Cash App**: 11,523,445,000 US dollars
- **Square**: 6,259,280,000 US dollars
- **Transaction, loan, and consumer receivable losses**: 827,234,000 US dollars
- **General and administrative**: 1,485,008,000 US dollars
- **Product development**: 2,197,222,000 US dollars
- **Amortization of customer and other acquired intangible assets**: 101,680,000 US dollars
- **Sales and marketing**: 1,653,524,000 US dollars
- **Revenue before reconciliation (calculated)**: 17,782,725,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.
- **Corporate and Other**: 158,480,000 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.: $1.19 B; to noncontrolling interests: −$1.22 M.