Block (BSQKZ) Gross Margin (2015 - 2026)
Block recorded quarterly Gross Margin of 48.03% in Q1 2026, up 4.56% quarter-over-quarter from 45.94% in Q4 2025, and up 836.0% year-over-year from 5.13% in Q1 2025.
Block's Gross Margin history runs 12 years deep, the most recent figure standing at 48.03% for Q1 2026.
- In Q1 2026, Gross Margin rose 836.0% year-over-year to 48.03%; the TTM figure through Mar 2026 stood at 44.85% (up 690.0% YoY), while the FY2025 annual figure was 42.82%, up 597.0% from the prior year.
- Gross Margin came in at 48.03% for Q1 2026 at Block, up from 45.94% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 48.03% in Q1 2026 to a low of 32.7% in Q1 2022.
- A 5-year average of 37.64% and a median of 35.7% in 2022 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin soared 1364 bps in 2022 and sank 91 bps in 2023, its largest moves.
- Block's Gross Margin stood at 35.7% in 2022, then fell by 2 bps to 35.09% in 2023, then grew by 9 bps to 38.32% in 2024, then climbed by 20 bps to 45.94% in 2025, then rose by 5 bps to 48.03% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 48.03%, 45.94%, and 43.53% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,425.08 Bn | 3,346.81 Bn | 56.06 Bn | 67.63% |
| 2 | Oracle | 712.03 Bn | 673.46 Bn | 15.14 Bn | 88.06% |
| 3 | Palantir Technologies | 384.58 Bn | 376.66 Bn | 1.42 Bn | 86.78% |
| 4 | Palo Alto Networks | 208.80 Bn | 204.26 Bn | 1.91 Bn | 73.59% |
| 5 | CrowdStrike Holdings | 195.63 Bn | 192.58 Bn | 993.68 Mn | 76.12% |
| 6 | Fortinet | 108.69 Bn | 105.40 Bn | 1.49 Bn | 80.29% |
| 7 | Cloudflare | 95.27 Bn | 94.32 Bn | 455.60 Mn | 71.21% |
| 8 | Synopsys | 93.41 Bn | 93.30 Bn | 1.77 Bn | 73.54% |
| 9 | CoreWeave | 65.84 Bn | 63.57 Bn | 2.01 Bn | 96.68% |
| 10 | Block | - | - | 2.91 Bn | 48.03% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 48.03% |
| Dec 31, 2025 | 45.94% |
| Sep 30, 2025 | 43.53% |
| Jun 30, 2025 | 41.90% |
| Mar 31, 2025 | 39.67% |
| Dec 31, 2024 | 38.32% |
| Sep 30, 2024 | 37.65% |
| Jun 30, 2024 | 36.28% |
| Mar 31, 2024 | 35.16% |
| Dec 31, 2023 | 35.09% |
| Sep 30, 2023 | 33.80% |
| Jun 30, 2023 | 33.71% |
| Mar 31, 2023 | 34.36% |
| Dec 31, 2022 | 35.70% |
| Sep 30, 2022 | 34.70% |
| Jun 30, 2022 | 33.37% |
| Mar 31, 2022 | 32.70% |
| Dec 31, 2021 | 28.98% |
| Sep 30, 2021 | 29.47% |
| Jun 30, 2021 | 24.38% |
| Mar 31, 2021 | 19.05% |
| Dec 31, 2020 | 25.44% |
| Sep 30, 2020 | 26.19% |
| Jun 30, 2020 | 31.02% |
| Mar 31, 2020 | 38.99% |
| Dec 31, 2019 | 40.13% |
| Sep 30, 2019 | 39.48% |
| Jun 30, 2019 | 39.67% |
| Mar 31, 2019 | 41.36% |
| Dec 31, 2018 | 40.76% |
| Sep 30, 2018 | 39.98% |
| Jun 30, 2018 | 38.75% |
| Mar 31, 2018 | 38.16% |
| Dec 31, 2017 | 38.93% |
| Sep 30, 2017 | 37.36% |
| Jun 30, 2017 | 37.61% |
| Mar 31, 2017 | 1,923.59% |
| Dec 31, 2016 | 9.95% |
| Sep 30, 2016 | 34.24% |
| Jun 30, 2016 | 1,343.79% |
| Mar 31, 2016 | 29.07% |
| Dec 31, 2015 | -12.45% |
| Sep 30, 2015 | 28.99% |
| Jun 30, 2015 | 2,515.79% |
| Mar 31, 2015 | 29.65% |