B 
Block XYZ · USD
Information Technology · IT Services · US listing · 🇺🇸 United States
S&P 500
88.56
+3.60%
Close of 9 Nov 2026, in USD
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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.
At a glance
Figures in USD, from our data supplier.
Revenue
$24.19bn
FY2016FY2025
Net income
$1.31bn
FY2016FY2025
Free cash flow
$2.42bn
FY2016FY2025
Shareholders' equity
$22.20bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $24.19bn | $24.12bn | $21.92bn | $17.53bn | $17.66bn | $9.50bn | $4.71bn | $3.30bn | $2.21bn | $1.71bn |
| Research and development | $2.91bn | $2.91bn | $2.72bn | $2.14bn | $1.38bn | $885.7m | $674.2m | $497.5m | $321.9m | $268.5m |
| Operating income | $3.05bn | $1.69bn | $381.8m | −$529.1m | $161.1m | $272.9m | $48.1m | −$36.6m | $12.8m | −$170.5m |
| Net income | $1.31bn | $2.90bn | $9.8m | −$540.7m | $166.3m | $213.1m | $375.4m | −$38.5m | −$62.8m | −$171.6m |
| Diluted earnings per share | 2.10 | 4.53 | 0.02 | -0.90 | 0.33 | 0.44 | 0.81 | -0.09 | -0.17 | -0.50 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $39.55bn | $36.78bn | $33.03bn | $31.36bn | $13.93bn | $9.87bn | $4.55bn | $3.28bn | $2.19bn | $1.21bn |
| Cash and short-term investments | $11.96bn | $12.75bn | $9.42bn | $8.81bn | $8.14bn | $3.85bn | $2.22bn | $1.12bn | $866.0m | $511.9m |
| Total liabilities | $17.38bn | $15.54bn | $14.34bn | $14.11bn | $10.61bn | $7.19bn | $2.84bn | $2.16bn | $1.40bn | $635.2m |
| Debt | $8.71bn | $7.59bn | $5.73bn | $5.93bn | $5.06bn | $3.05bn | $938.8m | $899.7m | $358.6m | — |
| Shareholders' equity | $22.20bn | $21.27bn | $18.70bn | $17.22bn | $3.27bn | $2.68bn | $1.72bn | $1.12bn | $786.3m | $576.2m |
| Shares outstanding | 623m | 639m | 629m | 599m | 502m | 482m | 466m | 406m | 379m | 342m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | $2.58bn | $1.71bn | $101.0m | $175.9m | $847.8m | $173.1m | $327.6m | $295.1m | $127.7m | $23.1m |
| Capital spending | −$155.0m | −$153.9m | −$151.2m | −$170.8m | −$304.3m | −$188.4m | −$62.5m | −$62.8m | −$26.1m | −$25.8m |
| Free cash flow | $2.42bn | $1.55bn | −$50.2m | $5.1m | $543.5m | −$15.3m | $265.1m | $232.3m | $101.6m | −$2.7m |
| Dividends paid | — | — | −$130.4m | −$1.39bn | −$1.78bn | −$1.86bn | — | — | — | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $6.62bn | $6.06bn | $6.25bn | $6.11bn | $6.05bn | $5.77bn | $6.03bn | $5.98bn |
| Operating income | $446.6m | $328.1m | $995.4m | $772.9m | $778.4m | $499.0m | $273.7m | $515.1m |
| Net income | $88.5m | −$308.7m | $115.8m | $461.5m | $538.5m | $189.9m | $1.95bn | $283.8m |
| Diluted earnings per share | 0.15 | -0.51 | 0.19 | 0.74 | 0.86 | 0.30 | 3.04 | 0.44 |
| Cash from operations | $1.99bn | $965.0m | $621.0m | $1.45bn | $374.0m | $133.0m | $13.0m | $684.0m |
| Capital spending | −$83.0m | −$30.0m | −$41.0m | −$50.0m | −$31.0m | −$31.0m | −$26.0m | −$56.0m |
| Free cash flow | $1.90bn | $935.0m | $580.0m | $1.40bn | $343.0m | $102.0m | −$13.0m | $628.0m |
| Total assets | $39.16bn | $39.99bn | $39.55bn | $39.18bn | $36.86bn | $36.40bn | $36.78bn | $36.36bn |
| Cash and short-term investments | $6.74bn | $13.26bn | $11.96bn | $13.59bn | $11.72bn | $12.76bn | $12.75bn | $12.80bn |
| Debt | $6.94bn | $7.89bn | $8.71bn | $7.84bn | $5.87bn | $5.78bn | $7.64bn | $7.12bn |
| Shareholders' equity | $22.01bn | $21.72bn | $22.20bn | $22.51bn | $22.16bn | $21.47bn | $21.27bn | $19.92bn |
Financial ratios
Data as of 21 Sept 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Operating margin | 12.6% | 7.0% | 1.7% | -3.0% | 0.9% | 2.9% |
| Net margin | 5.4% | 12.0% | 0.0% | -3.1% | 0.9% | 2.2% |
| Return on equity | 5.9% | 13.6% | 0.1% | -3.1% | 5.1% | 7.9% |
| Return on assets | 3.3% | 7.9% | 0.0% | -1.7% | 1.2% | 2.2% |
| Free cash flow yield | 5.8% | 3.8% | 0.5% | 0.8% | 3.0% | 1.0% |
| Revenue growth | 0.3% | 10.1% | 25.0% | -0.7% | 86.0% | 101.5% |
| Earnings growth | -54.9% | 29546.4% | -101.8% | -425.2% | -22.0% | -43.2% |
| Current ratio | 2.20x | 2.33x | 2.01x | 1.85x | 1.94x | 1.88x |
| Debt to equity | 0.39x | 0.36x | 0.31x | 0.30x | 1.56x | 1.16x |
| Equity ratio | 56.1% | 57.8% | 56.6% | 54.9% | 23.5% | 27.2% |
| Interest coverage | 23.54x | 181.31x | 8.09x | -14.60x | 4.86x | 4.79x |
| R&D as a share of sales | 12.0% | 12.1% | 12.4% | 12.2% | 7.8% | 9.3% |
| Buybacks as a share of market value | 2.6% | -1.6% | -5.1% | -19.4% | -4.1% | -3.5% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 11.3% | 20.6% | 34.3% |
| Operating income | — | 62.0% | — |
| Net income | — | 43.7% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 9.8% | 5.2% | 4.4% | 3.7% |
| Net margin | 8.7% | 4.2% | 3.5% | 3.1% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 31.1 | 18.8 | — | -69.6 | 487.4 | 492.4 | 77.7 | -591.8 | -209.4 | -27.1 |
| Price to sales | 1.7 | 2.3 | 2.2 | 2.1 | 4.6 | 11.1 | 6.2 | 6.9 | 5.9 | 2.7 |
Market value over time
31 Oct 2016 to 18 Sept 2026, in USD
$3.85bn$46.44bn
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Return | -26% | 13% | 28% | -62% | -32% | 267% | 14% | 57% | 146% | 19% |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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