SQ
Income statement / Annual
Last year (2024), Block, Inc.'s total revenue was $24.12 B,
an increase of 10.06% from the previous year.
In 2024, Block, Inc.'s net income was $2.90 B.
See Block, Inc.,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
| Period Ended |
12/31/2024 |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
| Operating Revenue |
$24.12 B |
$21.92 B |
$17.53 B |
$17.66 B |
$9.50 B |
$4.71 B |
$3.30 B |
$2.21 B |
$1.71 B |
$1.27 B |
| Cost of Revenue |
$15.23 B
|
$14.41 B
|
$11.54 B
|
$13.24 B
|
$6.76 B
|
$2.82 B
|
$1.99 B
|
$1.37 B
|
$1.13 B
|
$897.09 M
|
| Gross Profit |
$8.89 B
|
$7.50 B
|
$5.99 B
|
$4.42 B
|
$2.73 B
|
$1.89 B
|
$1.30 B
|
$839.31 M
|
$576.04 M
|
$370.03 M
|
| Gross Profit Ratio |
0.37
|
0.34
|
0.34
|
0.25
|
0.29
|
0.4
|
0.4
|
0.38
|
0.34
|
0.29
|
| Research and Development Expenses |
$2.91 B
|
$2.72 B
|
$2.14 B
|
$1.40 B
|
$881.83 M
|
$670.61 M
|
$497.48 M
|
$321.89 M
|
$268.54 M
|
$199.64 M
|
| General & Administrative Expenses |
$2.15 B
|
$2.21 B
|
$1.69 B
|
$983.33 M
|
$579.20 M
|
$436.25 M
|
$339.25 M
|
$250.55 M
|
$251.99 M
|
$143.47 M
|
| Selling & Marketing Expenses |
$1.98 B
|
$2.02 B
|
$2.06 B
|
$1.62 B
|
$1.11 B
|
$624.83 M
|
$411.15 M
|
$253.17 M
|
$173.88 M
|
$145.62 M
|
| Selling, General & Administrative Expenses |
$4.13 B
|
$4.23 B
|
$3.74 B
|
$2.60 B
|
$1.69 B
|
$1.06 B
|
$750.40 M
|
$503.72 M
|
$425.87 M
|
$289.08 M
|
| Other Expenses |
$948.93 M
|
$834.71 M
|
$689.44 M
|
$187.99 M
|
$181.53 M
|
$131.44 M
|
$18.47 M
|
$67.90 M
|
$52.09 M
|
$55.77 M
|
| Operating Expenses |
$8.00 B
|
$7.78 B
|
$6.57 B
|
$4.19 B
|
$2.75 B
|
$1.86 B
|
$1.34 B
|
$893.51 M
|
$746.49 M
|
$544.49 M
|
| Cost And Expenses |
$23.23 B
|
$22.19 B
|
$18.11 B
|
$17.43 B
|
$9.52 B
|
$4.69 B
|
$3.33 B
|
$2.27 B
|
$1.88 B
|
$1.44 B
|
| Interest Income |
$0.00
|
$47.22 M
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$533.00 K
|
$1.61 M
|
| Interest Expense |
$9.30 M
|
$0.00
|
$36.23 M
|
$33.12 M
|
$56.94 M
|
$21.52 M
|
$17.98 M
|
$8.46 M
|
$0.00
|
$0.00
|
| Depreciation & Amortization |
$307.76 M
|
$419.67 M
|
$470.33 M
|
$217.89 M
|
$154.47 M
|
$105.29 M
|
$60.96 M
|
$37.28 M
|
$37.75 M
|
$27.63 M
|
| EBITDA |
$1.35 B |
$390.53 M |
-$58.76 M |
$408.48 M |
$427.38 M |
$505.02 M |
$42.82 M |
$50.09 M |
-$91.81 M |
-$92.82 M |
| EBITDA Ratio |
0.06
|
0.02
|
-0
|
0.02
|
0.04
|
0.11
|
0.01
|
0.02
|
-0.05
|
-0.07
|
| Operating Income Ratio |
0.04
|
-0.01
|
-0.04
|
0.01
|
0.03
|
0.01
|
-0.01
|
-0.02
|
-0.1
|
-0.14
|
| Total Other Income/Expenses Net |
$464.83 M
|
$249.70 M
|
$59.22 M
|
-$3.65 M
|
$234.78 M
|
$351.66 M
|
$487.00 K
|
-$8.46 M
|
$780.00 K
|
-$1.61 M
|
| Income Before Tax |
$1.36 B
|
-$29.14 M
|
-$565.32 M
|
$157.46 M
|
$215.97 M
|
$378.21 M
|
-$36.13 M
|
-$62.66 M
|
-$169.67 M
|
-$176.07 M
|
| Income Before Tax Ratio |
0.06
|
-0
|
-0.03
|
0.01
|
0.02
|
0.08
|
-0.01
|
-0.03
|
-0.1
|
-0.14
|
| Income Tax Expense |
-$1.51 B
|
-$8.02 M
|
-$12.31 M
|
-$1.36 M
|
$2.86 M
|
$2.77 M
|
$2.33 M
|
$149.00 K
|
$1.92 M
|
$3.75 M
|
| Net Income |
$2.90 B
|
$9.77 M
|
-$540.75 M
|
$166.28 M
|
$213.11 M
|
$375.45 M
|
-$38.45 M
|
-$62.81 M
|
-$171.59 M
|
-$179.82 M
|
| Net Income Ratio |
0.12
|
0
|
-0.03
|
0.01
|
0.02
|
0.08
|
-0.01
|
-0.03
|
-0.1
|
-0.14
|
| EPS |
4.7 |
0.016 |
-0.93 |
0.36 |
0.48 |
0.88 |
-0.0948 |
-0.17 |
-0.5 |
-0.55 |
| EPS Diluted |
4.55 |
0.0159 |
-0.93 |
0.33 |
0.44 |
0.81 |
-0.0948 |
-0.17 |
-0.5 |
-0.55 |
| Weighted Average Shares Out |
$616.99 M
|
$608.86 M
|
$578.95 M
|
$458.43 M
|
$443.13 M
|
$425.00 M
|
$405.73 M
|
$369.49 M
|
$341.56 M
|
$327.13 M
|
| Weighted Average Shares Out Diluted |
$636.39 M
|
$614.02 M
|
$578.95 M
|
$501.78 M
|
$482.17 M
|
$466.08 M
|
$405.73 M
|
$379.34 M
|
$341.56 M
|
$327.13 M
|
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