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Companies / Financials / Block, Inc.
XYZ

Block, Inc.

FinancialsPrepackaged SoftwareS&P 500
Ticker XYZOAKLAND, CAFiscal year ends DecemberBook value per share $36.89Diluted shares 597.7M

Block, Inc. operates as a financial technology company dedicated to economic empowerment through connected ecosystems that integrate commerce solutions, financial services, software, hardware, and networks. The company's website is block.com. From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$24.19BFY2025
+0.3% year over year
Last 12 mo $25.04B
7.06%FY2025
+3.4 percentage points
Last 12 mo 4.67%
$1.30BFY2025
−54.5% year over year
Last 12 mo $355.63M
5.88%FY2025
−7.7 percentage points
Last 12 mo 1.62%
Cash & financing
$2.58BFY2025
+51.1% year over year
Last 12 mo $4.06B
$2.42BFY2025
+56.1% year over year
Last 12 mo $3.88B
0.39FY2025
Was 0.36× a year earlier
Last 12 mo 0.31
622.8MFY2025
−2.1% year over year
Last 12 mo 597.7M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Block, Inc. does

In the company’s own words

Block, Inc. operates as a financial technology company dedicated to economic empowerment through connected ecosystems that integrate commerce solutions, financial services, software, hardware, and networks. The company's website is block.com.

Block operates through two primary reportable segments: Square and Cash App, each representing distinct ecosystems serving different customer bases. The Square ecosystem provides commerce enablement and financial solutions to more than 4.5 million sellers across diverse industries and geographies including the United States, Canada, Japan, Australia, the United Kingdom, Ireland, France, and Spain. In 2025, Square sellers processed 5.9 billion transactions totaling $250 billion in gross payment volume. The Cash App ecosystem serves consumers, with 59 million monthly transacting actives as of December 2025, primarily in the United States.

Block's revenue structure comprises three reportable categories: Commerce Enablement, Financial Solutions, and Bitcoin Ecosystem, which collectively generated $10.4 billion in gross profit in 2025. Commerce Enablement includes Square payments, software, and hardware alongside Cash App Card, Cash App Pay, buy-now-pay-later products, and TIDAL streaming services. Financial Solutions encompasses banking, lending, and money management products including Cash App Borrow, Square Loans, Instant Deposit, and savings accounts. The Bitcoin Ecosystem includes consumer and business bitcoin products such as Bitkey self-custody wallets, Proto mining systems, and bitcoin buy-sell functionality integrated into both Square and Cash App.

Square's product suite comprises more than 30 distinct offerings including point-of-sale systems, inventory management, customer engagement tools, and lending platforms. Cash App provides peer-to-peer payments, debit card services, stock and ETF investing, tax preparation, and lending capabilities. The company also operates TIDAL, a global music streaming platform with over 250 million songs and presence in more than 60 countries.

Block maintains a distributed work model without formal headquarters. The company competes across multiple markets including business software, payments processing, peer-to-peer transfers, lending, and cryptocurrency services. Block emphasizes differentiation through integrated ecosystems, transparent pricing, rapid innovation, and accessibility to traditionally underserved customers and merchants.

Company details
Sector
Financials
Industry (SIC)
Prepackaged Software
Headquarters
OAKLAND, CA
Fiscal year end
December
CIK
1512673
SIC
7372

Financial performance, year by year

Fiscal 2016–2025 · USD
$-3.11B$4.57B$12.24B$19.92B$27.60B2016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Block, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

680
funds hold it
2 of 35
superinvestors hold it
$13.50B
held by funds, at market
33.1%
of shares held by funds
7
bond issues held by funds

Superinvestors in Block, Inc. · what they did last quarter

Chase ColemanINCREASED +14.4%
Tiger Global Management
1.5%of 13F portfolio
Daniel LoebNEW
Third Point
4.2%of 13F portfolio

Share of each manager’s reported 13F portfolio. Change is in shares held, since the previous quarter.

Largest fund holders · Block, Inc.’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.06%of fund net assets
VANGUARD 500 INDEX FUND
VOO · VANGUARD INDEX FUNDS
0.06%of fund net assets
0.29%of fund net assets
VANGUARD MID-CAP INDEX FUND
VO · VANGUARD INDEX FUNDS
0.39%of fund net assets
iShares Core S&P 500 ETF
IVV · iShares Trust
0.06%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Block, Inc.’s bonds, as funds hold them

Funds report holding 7 issues of Block, Inc.’s debt, $2.30B at market value — what funds hold, not the company’s total debt. Weighted-average coupon 5.30%, maturing 2026 to 2033.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do Block, Inc. and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of Block, Inc.'s earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in Block, Inc.'s last four quarterly filings that the numbers alone won't show?”
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