Block, Inc. (XYZ)
Block, Inc., together with its subsidiaries, builds ecosystems focused on commerce and financial products and services in the United States and internationally. It operates through two segments: Square and Cash App. The Square segment offers managed payment services; software solutions; hardware products, such as registers, terminals, stands, and readers for contactless and chips; banking services consisting of lending, instant transfer, and checking and savings accounts; and full-service setup and support services. This segment also provides loyalty, marketing, team management, and payroll services; and gift cards. It also offers Square Handheld, a portable point-of sale device for transaction purposes. The Cash App segment offers financial tools, including peer-to-peer payments, bitcoin, and stock investment brokerage; Cash App Card, a debit card; Cash App Pay, mobile-friendly way for cash app customers to pay at merchants across online and in-person channels; direct deposit, stock brokerage, and tax preparation services; and Afterpay, a buy now, pay later platform. In addition, the company operates TIDAL, a platform for musicians and fans; TBD, an open developer platform focused on making the decentralized financial world accessible; Bitkey, a self-custody bitcoin wallet; and proto. The company was formerly known as Square, Inc. and changed its name to Block, Inc. in December 2021. Block, Inc. was incorporated in 2009 and is based in Oakland, California.
- Symbol
- XYZ
- Exchange
- NYSE
- Sector
- Technology
- Industry
- Software - Infrastructure
- Market cap
- $46.80B
- 52 week range
- 48.21 - 86.92
Valuation
- Share price
- $77.89 (close of 2026-10-16)
- P/E (TTM)
- 136.65x
- Price to book
- 2.13x
- Price to free cash flow
- 12.06x
- Enterprise value
- $47.54B
- Book value per share
- $36.64
Price performance
| Period | Change |
|---|---|
| 1 day | -2.43% |
| 5 days | +0.84% |
| 1 month | +1.64% |
| 3 months | -4.45% |
| 6 months | +13.43% |
| Year to date | +19.67% |
| 1 year | +4.49% |
| 3 years | +74.02% |
| 5 years | -68.72% |
| 10 years | +600.45% |
| All time | +495.94% |
Short interest
- As of
- 30 Sep 2026
- Short % of float
- 3.08%
- Shares short
- 14.38M
- Days to cover
- 3.27
- Change since prior report
- +7.25%
- Source
- FINRA consolidated short interest
Members of Congress who disclosed XYZ trades
Jefferson Shreve · Josh Gottheimer
Super investors holding XYZ
Ken Griffin (Citadel) · Chase Coleman (Tiger Global Management) · Dan Loeb (Third Point LLC) · Ray Dalio (Bridgewater Associates)
Profitability and growth
- Return on equity
- 5.89%
- Return on invested capital
- 4.25%
- Return on assets
- 3.30%
- Return on capital employed
- 5.86%
- Gross margin
- 42.82%
- Net margin
- 5.40%
- EBITDA margin
- 8.59%
- Revenue growth
- 0.30%
- Net income growth
- -54.93%
- Free cash flow growth
- 56.09%
Cash flow and balance sheet
- Free cash flow yield (TTM)
- 8.30%
- Current ratio
- 2.21x
- Net debt to EBITDA
- 0.26x
Latest reported year
- Period end
- 2025-12-31
- Fiscal year
- 2025
- Revenue
- $24.19B
- Cost of revenue
- $13.83B
- Gross profit
- $10.36B
- EBITDA
- $2.08B
- Net income
- $1.31B
- Earnings per share
- $2.13
- Research and development
- $2.91B
- Shares outstanding
- 612.24M
Income statement by year
| Period end | Revenue | Gross profit | Net income | EPS |
|---|---|---|---|---|
| 2025-12-31 | $24.19B | $10.36B | $1.31B | $2.13 |
| 2024-12-31 | $24.12B | $8.89B | $2.90B | $4.70 |
| 2023-12-31 | $21.92B | $7.50B | $9.77M | $0.02 |
| 2022-12-31 | $17.53B | $5.99B | -$540.75M | -$0.93 |
| 2021-12-31 | $17.66B | $4.42B | $166.28M | $0.36 |
| 2020-12-31 | $9.50B | $2.73B | $213.10M | $0.48 |
| 2019-12-31 | $4.71B | $1.89B | $375.45M | $0.88 |
| 2018-12-31 | $3.21B | $1.30B | -$38.45M | -$0.09 |
| 2017-12-31 | $2.21B | $839.31M | -$62.81M | -$0.17 |
| 2016-12-31 | $1.71B | $576.04M | -$171.59M | -$0.50 |
Margins and returns by year
| Period end | Gross margin | Net margin | Return on equity | Return on capital |
|---|---|---|---|---|
| 2025-12-31 | 42.82% | 5.40% | 5.89% | 4.25% |
| 2024-12-31 | 36.85% | 12.01% | 13.64% | 3.06% |
| 2023-12-31 | 34.24% | 0.04% | 0.05% | -1.09% |
| 2022-12-31 | 34.18% | -3.08% | -3.13% | -2.60% |
| 2021-12-31 | 25.03% | 0.94% | 5.02% | 1.93% |
| 2020-12-31 | 28.78% | 2.24% | 7.95% | -0.33% |
| 2019-12-31 | 40.09% | 7.97% | 21.89% | 0.85% |
| 2018-12-31 | 40.67% | -1.20% | -3.43% | -1.81% |
| 2017-12-31 | 37.90% | -2.84% | -7.99% | -4.73% |
| 2016-12-31 | 33.71% | -10.04% | -29.78% | -29.58% |
Cash and debt by year
| Period end | Cash | Debt |
|---|---|---|
| 2025-12-31 | $6.56B | - |
| 2024-12-31 | $8.08B | - |
| 2023-12-31 | $5.00B | - |
| 2022-12-31 | $4.54B | $4.11B |
| 2021-12-31 | $4.44B | $4.56B |
| 2020-12-31 | $3.16B | $2.59B |
| 2019-12-31 | $1.05B | $938.83M |
| 2018-12-31 | $583.17M | $899.70M |
| 2017-12-31 | $696.47M | $358.57M |
| 2016-12-31 | $452.03M | - |
Free cash flow by year
| Period end | Free cash flow | Stock-based compensation |
|---|---|---|
| 2025-12-31 | $2.42B | $1.22B |
| 2024-12-31 | $1.55B | $1.27B |
| 2023-12-31 | -$50.19M | $1.28B |
| 2022-12-31 | $5.09M | $1.07B |
| 2021-12-31 | $713.51M | $608.04M |
| 2020-12-31 | $34.71M | $397.80M |
| 2019-12-31 | $265.13M | $297.86M |
| 2018-12-31 | $233.88M | $216.88M |
| 2017-12-31 | $101.61M | $155.84M |
| 2016-12-31 | -$2.30M | $138.79M |
Investor relations
Next earnings report
- Next confirmed report
- 2026-11-03
- Consensus EPS estimate
- $0.67
Past earnings dates
| Reported | Fiscal period | EPS estimate |
|---|---|---|
| 2026-08-05 | Jun/2026 | $0.48 |
| 2026-05-07 | Mar/2026 | $0.30 |
| 2026-02-26 | Dec/2025 | $0.26 |
| 2025-11-06 | Sep/2025 | $0.25 |
| 2025-08-07 | Jun/2025 | $0.21 |
| 2025-05-01 | Mar/2025 | $0.48 |
| 2025-02-20 | Dec/2024 | $0.37 |
| 2024-11-07 | Sep/2024 | $0.43 |
Filings and sources
- Company website
- block.xyz
- SEC filings
- 10-K, 10-Q and 8-K on EDGAR
- Earnings calendar
- All upcoming reports
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Understanding these figures
Price-to-earnings ratio · Short interest · Discounted cash flow · Free cash flow · Earnings per share · Return on equity · Gross margin vs net margin · Reading a balance sheet · Debt and leverage · Dividend yield · Insider transactions and Form 4 · How to read a stock chart
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