Block, Inc. (XYZ): financials, SEC filings and peers
Block, Inc. (XYZ) is a transaction & payment processing services company in the Financials sector of the S&P 500, headquartered in none.
It was founded in 2009 and joined the S&P 500 on July 23, 2025.
Its fiscal year ends in December, and its shares trade on the NYSE.
In its SEC filings it is classified as “Services-Prepackaged Software”.
Block, Inc. at a glance
- Revenue (12 months)
- $25.6B
- Revenue growth
- +7.0%
- Operating margin
- 4.6%
- Net income (12 months)
- $461M
- Free cash flow (12 months)
- $3.5B
- Cash
- $7.9B
- Debt
- $5.7B
- Diluted EPS (12 months)
- $0.74
Twelve months to September 30, 2026, from the 10-Q filed November 3, 2026.
Latest twelve months
Over the twelve months to September 30, 2026, Block, Inc. reported revenue of $25.6 billion, about the same as a year earlier (+7.0%).
Its operating margin was 4.6%: for every $100 of sales, about $5 was left as operating profit.
Net income was $461 million (1.8% of revenue), 85.3% lower than a year earlier.
Profit fell while sales grew, which usually points to higher costs, heavier investment or one-time items. The filings explain which.
Operating cash flow was $3.6 billion and capital spending $169 million, leaving free cash flow of $3.5 billion (13.5% of revenue).
At the end of the period it held $7.9 billion in cash and $5.7 billion in debt, a net cash position of $2.1 billion.
The diluted share count fell 1.1% in a year, typically the result of buybacks.
Five-year trend
- Revenue went from $9.5 billion in fiscal 2020 to $24.2 billion in fiscal 2025, about 20.6% a year.
- Revenue has grown for 3 fiscal years in a row.
- Operating margin widened from -0.2% to 7.1% over the same years.
- Free cash flow was negative in 1 of the last 6 fiscal years.
- Block, Inc. reported a net loss in 1 of the last 6 fiscal years.
| Fiscal year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $17.7B | $17.5B | $21.9B | $24.1B | $24.2B |
| Revenue growth | 86.0% | -0.7% | 25.0% | 10.1% | 0.3% |
| Operating margin | 0.9% | -3.6% | -1.3% | 3.7% | 7.1% |
| Net income | $166M | −$541M | $10M | $2.9B | $1.3B |
| Free cash flow | $714M | $5M | −$50M | $1.6B | $2.4B |
| Diluted EPS | $0.33 | $-0.93 | $0.02 | $4.56 | $2.10 |
Fiscal years as reported in Block, Inc.’s 10-K filings. Free cash flow is operating cash flow minus capital spending.
Recent SEC filings
Companies like Block, Inc.
Other S&P 500 companies in Transaction & Payment Processing Services:
- CPAYCorpayAtlanta, Georgia
- FISFidelity National Information ServicesJacksonville, Florida
- FISVFiservBrookfield, Wisconsin
- GPNGlobal PaymentsAtlanta, Georgia
- JKHYJack Henry & AssociatesMonett, Missouri
- MAMastercardHarrison, New York
- PYPLPayPalSan Jose, California
- VVisa Inc.San Francisco, California
More from Financials
Questions about Block, Inc.
Is Block, Inc.'s revenue growing?
Yes. Revenue for the twelve months to September 30, 2026 was $25.6 billion, up 7.0% from a year earlier, according to its SEC filings.
Is Block, Inc. profitable?
Yes. It earned $461 million in net income over the twelve months to September 30, 2026, a net margin of 1.8%.
Does Block, Inc. have more cash or more debt?
At September 30, 2026 it had $7.9 billion in cash and $5.7 billion in debt, so more cash than debt.
When did Block, Inc. last file financial results?
Its latest quarterly report (10-Q) was filed with the SEC on November 3, 2026.
Which companies are similar to Block, Inc.?
In the S&P 500, Block, Inc. is grouped in Transaction & Payment Processing Services within the Financials sector. Corpay (CPAY), Fidelity National Information Services (FIS), Fiserv (FISV), Global Payments (GPN), Jack Henry & Associates (JKHY) are in the same group.
Understand the numbers
Source: Block, Inc.’s filings with the U.S. Securities and Exchange Commission (EDGAR), retrieved November 11, 2026. Figures are as reported by the company and may be restated. This page is for information only and is not financial advice.