Block (BSQKZ) Operating Expenses (2015 - 2026)
Block recorded quarterly Operating Expenses of $3.1 billion in Q1 2026, up 29.09% quarter-over-quarter from $2.4 billion in Q4 2025, and up 57.18% year-over-year from $2.0 billion in Q1 2025.
Block's Operating Expenses history runs 12 years deep, the most recent figure standing at $3.1 billion for Q1 2026.
- In Q1 2026, Operating Expenses rose 57.18% year-over-year to $3.1 billion; the TTM figure through Mar 2026 stood at $9.8 billion (up 20.46% YoY), while the FY2025 annual figure was $8.7 billion, up 8.19% from the prior year.
- Operating Expenses came in at $3.1 billion for Q1 2026 at Block, up from $2.4 billion in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $3.1 billion in Q1 2026 to a low of $1.5 billion in Q1 2022.
- A 5-year average of $2.0 billion and a median of $1.9 billion in 2024 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses soared 69.88% in 2022 and decreased 3.57% in 2024, its largest moves.
- Block's Operating Expenses stood at $1.8 billion in 2022, then advanced by 20.11% to $2.2 billion in 2023, then gained by 6.58% to $2.3 billion in 2024, then grew by 3.85% to $2.4 billion in 2025, then increased by 29.09% to $3.1 billion in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $3.1 billion, $2.4 billion, and $2.3 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,425.08 Bn | 3,346.81 Bn | 56.06 Bn | 10.85 Bn |
| 2 | Oracle | 712.03 Bn | 673.46 Bn | 15.14 Bn | 11.73 Bn |
| 3 | Palantir Technologies | 384.58 Bn | 376.66 Bn | 1.42 Bn | 662.79 Mn |
| 4 | Palo Alto Networks | 208.80 Bn | 204.26 Bn | 1.91 Bn | 1.51 Bn |
| 5 | CrowdStrike Holdings | 195.63 Bn | 192.58 Bn | 993.68 Mn | 979.89 Mn |
| 6 | Fortinet | 108.69 Bn | 105.40 Bn | 1.49 Bn | 905.10 Mn |
| 7 | Cloudflare | 95.27 Bn | 94.32 Bn | 455.60 Mn | 517.59 Mn |
| 8 | Synopsys | 93.41 Bn | 93.30 Bn | 1.77 Bn | 1.57 Bn |
| 9 | CoreWeave | 65.84 Bn | 63.57 Bn | 2.01 Bn | 2.22 Bn |
| 10 | Block | - | - | 2.91 Bn | 3.08 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 3.08 Bn |
| Dec 31, 2025 | 2.39 Bn |
| Sep 30, 2025 | 2.25 Bn |
| Jun 30, 2025 | 2.05 Bn |
| Mar 31, 2025 | 1.96 Bn |
| Dec 31, 2024 | 2.30 Bn |
| Sep 30, 2024 | 1.93 Bn |
| Jun 30, 2024 | 1.93 Bn |
| Mar 31, 2024 | 1.84 Bn |
| Dec 31, 2023 | 2.16 Bn |
| Sep 30, 2023 | 1.91 Bn |
| Jun 30, 2023 | 2.00 Bn |
| Mar 31, 2023 | 1.72 Bn |
| Dec 31, 2022 | 1.80 Bn |
| Sep 30, 2022 | 1.62 Bn |
| Jun 30, 2022 | 1.68 Bn |
| Mar 31, 2022 | 1.52 Bn |
| Dec 31, 2021 | 1.24 Bn |
| Sep 30, 2021 | 1.11 Bn |
| Jun 30, 2021 | 1.02 Bn |
| Mar 31, 2021 | 895.77 Mn |
| Dec 31, 2020 | 758.51 Mn |
| Sep 30, 2020 | 745.11 Mn |
| Jun 30, 2020 | 619.82 Mn |
| Mar 31, 2020 | 628.79 Mn |
| Dec 31, 2019 | 509.70 Mn |
| Sep 30, 2019 | 467.94 Mn |
| Jun 30, 2019 | 466.69 Mn |
| Mar 31, 2019 | 418.80 Mn |
| Dec 31, 2018 | 383.16 Mn |
| Sep 30, 2018 | 362.53 Mn |
| Jun 30, 2018 | 318.46 Mn |
| Mar 31, 2018 | 276.16 Mn |
| Dec 31, 2017 | 252.84 Mn |
| Sep 30, 2017 | 233.51 Mn |
| Jun 30, 2017 | 219.65 Mn |
| Mar 31, 2017 | 187.51 Mn |
| Dec 31, 2016 | 180.50 Mn |
| Sep 30, 2016 | 182.30 Mn |
| Jun 30, 2016 | 176.32 Mn |
| Mar 31, 2016 | 207.37 Mn |
| Dec 31, 2015 | 156.91 Mn |
| Sep 30, 2015 | 148.53 Mn |
| Jun 30, 2015 | 118.42 Mn |
| Mar 31, 2015 | 120.64 Mn |