SQ
Income statement / Annual
Last year (2023), Block, Inc.'s total revenue was $21.92 B,
an increase of 25.01% from the previous year.
In 2023, Block, Inc.'s net income was $9.77 M.
See Block, Inc.’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
FY-2014
|
| Period Ended |
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 |
12/31/2014 |
| Operating Revenue |
$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
|
$850.19 M
|
| Cost of Revenue |
$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 |
$624.12 M |
| Gross Profit |
$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 |
$226.07 M |
| Gross Profit Ratio |
0.34 |
0.34 |
0.25 |
0.29 |
0.4 |
0.4 |
0.38 |
0.34 |
0.29 |
0.27 |
| Research and Development
Expenses |
$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
|
$144.64 M
|
| General & Administrative
Expenses |
$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
|
$94.22 M
|
| Selling & Marketing
Expenses |
$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
|
$112.58 M
|
| Selling, General &
Administrative Expenses |
$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
|
$206.80 M
|
| Other Expenses |
$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 |
$12,000.00 |
| Operating Expenses |
$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 |
$376.57 M |
| Cost And Expenses |
$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 |
$1.00 B |
| Interest Income |
$47.22 M |
$36.23 M |
$33.12 M |
$56.94 M |
$21.52 M |
$0.00 |
$0.00 |
$0.00 |
$1.61 M |
$0.00 |
| Interest Expense |
$0.00 |
$36.23 M |
$33.12 M |
$56.94 M |
$21.52 M |
$17.98 M |
$8.46 M |
$0.00 |
$0.00 |
$0.00 |
| Depreciation &
Amortization |
$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
|
$18.59 M
|
| EBITDA |
$390.53 M
|
-$58.76 M
|
$408.48 M
|
$427.38 M
|
$505.02 M
|
$42.82 M
|
-$15.33 M
|
-$91.81 M
|
-$92.82 M
|
-$107.82 M
|
| EBITDA Ratio |
0.02 |
-0.01 |
0.02 |
0.04 |
-0.06 |
0.01 |
-0.01 |
-0.08 |
-0.12 |
-0.15 |
| Operating Income Ratio
|
-0.01
|
-0.03
|
0.01
|
0.03
|
0.01
|
-0.01
|
-0.02
|
-0.1
|
-0.14
|
-0.18
|
| Total Other
Income/Expenses Net |
$249.70 M
|
$12.64 M
|
-$3.65 M
|
$234.78 M
|
$351.66 M
|
$487,000.00
|
-$8.46 M
|
$780,000.00
|
-$1.61 M
|
-$2.66 M
|
| Income Before Tax |
-$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 |
-$152.65 M |
| Income Before Tax Ratio
|
-0
|
-0.03
|
0.01
|
0.02
|
0.08
|
-0.01
|
-0.03
|
-0.1
|
-0.14
|
-0.18
|
| Income Tax Expense |
-$8.02 M |
-$12.31 M |
-$1.36 M |
$2.86 M |
$2.77 M |
$2.33 M |
$149,000.00 |
$1.92 M |
$3.75 M |
$1.44 M |
| Net Income |
$9.77 M |
-$553.01 M |
$166.28 M |
$213.11 M |
$375.45 M |
-$38.45 M |
-$62.81 M |
-$171.59 M |
-$179.82 M |
-$154.09 M |
| Net Income Ratio |
0 |
-0.03 |
0.01 |
0.02 |
0.08 |
-0.01 |
-0.03 |
-0.1 |
-0.14 |
-0.18 |
| EPS |
0.016 |
-0.96 |
0.36 |
0.48 |
0.88 |
-0.0948 |
-0.17 |
-0.5 |
-1.05 |
-0.54 |
| EPS Diluted |
0.0159 |
-0.96 |
0.33 |
0.44 |
0.81 |
-0.0948 |
-0.17 |
-0.5 |
-1.05 |
-0.54 |
| Weighted Average Shares
Out |
$608.86 M
|
$578.95 M
|
$458.43 M
|
$443.13 M
|
$425.00 M
|
$405.73 M
|
$369.49 M
|
$341.56 M
|
$170.50 M
|
$284.31 M
|
| Weighted Average Shares
Out Diluted |
$614.02 M
|
$578.95 M
|
$501.78 M
|
$482.17 M
|
$466.08 M
|
$405.73 M
|
$379.34 M
|
$341.56 M
|
$170.50 M
|
$284.31 M
|
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