Growth Metrics

Block (BSQKZ) Cost of Revenue (2015 - 2026)

Block recorded quarterly Cost of Revenue of $3.1 billion in Q1 2026, down 6.88% quarter-over-quarter from $3.4 billion in Q4 2025, and up 523.96% year-over-year from $504.5 million in Q1 2025.

Block's Cost of Revenue history runs 12 years deep, the most recent figure standing at $3.1 billion for Q1 2026.

  • In Q1 2026, Cost of Revenue rose 523.96% year-over-year to $3.1 billion; the TTM figure through Mar 2026 stood at $10.5 billion (up 92.9% YoY), while the FY2025 annual figure was $13.8 billion, up 597.17% from the prior year.
  • Cost of Revenue came in at $3.1 billion for Q1 2026 at Block, down from $3.4 billion in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $3.9 billion in Q2 2024 to a low of $485.8 million in Q3 2022.
  • A 5-year average of $2.2 billion and a median of $3.0 billion in 2022 frame the typical range for Cost of Revenue.
  • Across the five-year window, Cost of Revenue surged 665.49% in 2023 and sank 86.94% in 2025, its largest moves.
  • Block's Cost of Revenue stood at $3.0 billion in 2022, then climbed by 25.3% to $3.7 billion in 2023, then slumped by 86.09% to $521.1 million in 2024, then surged by 548.72% to $3.4 billion in 2025, then retreated by 6.88% to $3.1 billion in 2026.
  • According to Business Quant data, Cost of Revenue over the past three periods registered $3.1 billion, $3.4 billion, and $3.5 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Microsoft 3,425.08 Bn 3,346.81 Bn 56.06 Bn 6.81 Bn
2 Oracle 712.03 Bn 673.46 Bn 15.14 Bn 2.05 Bn
3 Palantir Technologies 384.58 Bn 376.66 Bn 1.42 Bn 215.80 Mn
4 Palo Alto Networks 208.80 Bn 204.26 Bn 1.91 Bn 823.00 Mn
5 CrowdStrike Holdings 195.63 Bn 192.58 Bn 993.68 Mn 463.58 Mn
6 Fortinet 108.69 Bn 105.40 Bn 1.49 Bn 636.30 Mn
7 Cloudflare 95.27 Bn 94.32 Bn 455.60 Mn 184.16 Mn
8 Synopsys 93.41 Bn 93.30 Bn 1.77 Bn 396.38 Mn
9 CoreWeave 65.84 Bn 63.57 Bn 2.01 Bn 69.00 Mn
10 Block - - 2.91 Bn 3.15 Bn

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 3.15 Bn
Mar 31, 2026 3.15 Bn
Dec 31, 2025 3.38 Bn
Dec 31, 2025 3.38 Bn
Sep 30, 2025 3.45 Bn
Sep 30, 2025 3.45 Bn
Jun 30, 2025 549.73 Mn
Jun 30, 2025 549.73 Mn
Mar 31, 2025 504.46 Mn
Mar 31, 2025 504.46 Mn
Dec 31, 2024 521.06 Mn
Dec 31, 2024 521.06 Mn
Sep 30, 2024 511.76 Mn
Sep 30, 2024 511.76 Mn
Jun 30, 2024 3.92 Bn
Jun 30, 2024 3.92 Bn
Mar 31, 2024 3.86 Bn
Mar 31, 2024 3.86 Bn
Dec 31, 2023 3.75 Bn
Dec 31, 2023 3.75 Bn
Sep 30, 2023 3.72 Bn
Sep 30, 2023 3.72 Bn
Jun 30, 2023 537.61 Mn
Jun 30, 2023 537.61 Mn
Mar 31, 2023 3.28 Bn
Mar 31, 2023 3.28 Bn
Dec 31, 2022 2.99 Bn
Dec 31, 2022 2.99 Bn
Sep 30, 2022 485.84 Mn
Sep 30, 2022 485.84 Mn
Jun 30, 2022 530.83 Mn
Jun 30, 2022 530.83 Mn
Mar 31, 2022 2.67 Bn
Mar 31, 2022 2.67 Bn
Dec 31, 2021 -8.73 Bn
Dec 31, 2021 -8.73 Bn
Sep 30, 2021 2.71 Bn
Sep 30, 2021 2.71 Bn
Jun 30, 2021 373.88 Mn
Jun 30, 2021 373.88 Mn
Mar 31, 2021 4.09 Bn
Mar 31, 2021 4.09 Bn
Dec 31, 2020 5.98 Bn
Dec 31, 2020 5.98 Bn
Sep 30, 2020 2.24 Bn
Sep 30, 2020 2.24 Bn
Jun 30, 2020 238.10 Mn
Jun 30, 2020 238.10 Mn
Mar 31, 2020 842.61 Mn
Mar 31, 2020 842.61 Mn
Dec 31, 2019 -1.41 Bn
Dec 31, 2019 -1.41 Bn
Sep 30, 2019 149.47 Mn
Sep 30, 2019 149.47 Mn
Jun 30, 2019 156.42 Mn
Jun 30, 2019 156.42 Mn
Mar 31, 2019 562.61 Mn
Mar 31, 2019 562.61 Mn
Dec 31, 2018 119.31 Mn
Dec 31, 2018 119.31 Mn
Sep 30, 2018 116.34 Mn
Sep 30, 2018 116.34 Mn
Jun 30, 2018 499.12 Mn
Jun 30, 2018 499.12 Mn
Mar 31, 2018 77.27 Mn
Mar 31, 2018 77.27 Mn
Dec 31, 2017 -113.96 Mn
Dec 31, 2017 -113.96 Mn
Sep 30, 2017 66.53 Mn
Sep 30, 2017 66.53 Mn
Jun 30, 2017 344.08 Mn
Jun 30, 2017 344.08 Mn
Mar 31, 2017 12.66 Mn
Mar 31, 2017 12.66 Mn
Dec 31, 2016 1.08 Bn
Dec 31, 2016 1.08 Bn
Sep 30, 2016 46.75 Mn
Sep 30, 2016 46.75 Mn
Jun 30, 2016 2.26 Mn
Jun 30, 2016 2.26 Mn
Mar 31, 2016 38.50 Mn
Mar 31, 2016 38.50 Mn
Dec 31, 2015 38.45 Mn
Dec 31, 2015 38.45 Mn
Sep 30, 2015 235.88 Mn
Sep 30, 2015 235.88 Mn
Jun 30, 2015 219.67 Mn
Jun 30, 2015 219.67 Mn
Mar 31, 2015 36.18 Mn
Mar 31, 2015 36.18 Mn