Block (BSQKZ) Research & Development (2015 - 2026)
Block recorded quarterly Research & Development of $1.0 billion in Q1 2026, up 46.18% quarter-over-quarter from $710.7 million in Q4 2025, and up 36.57% year-over-year from $760.7 million in Q1 2025.
Block's Research & Development history runs 12 years deep, the most recent figure standing at $1.0 billion for Q1 2026.
- In Q1 2026, Research & Development rose 36.57% year-over-year to $1.0 billion; the TTM figure through Mar 2026 stood at $3.2 billion (up 7.84% YoY), while the FY2025 annual figure was $2.9 billion, changed 0.22% from the prior year.
- Research & Development came in at $1.0 billion for Q1 2026 at Block, up from $710.7 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $1.0 billion in Q1 2026 to a low of $458.2 million in Q1 2022.
- A 5-year average of $689.3 million and a median of $711.0 million in 2024 frame the typical range for Research & Development.
- Across the five-year window, Research & Development soared 61.95% in 2022 and retreated 7.67% in 2025, its largest moves.
- Block's Research & Development stood at $604.5 million in 2022, then grew by 13.38% to $685.4 million in 2023, then rose by 12.3% to $769.7 million in 2024, then declined by 7.67% to $710.7 million in 2025, then surged by 46.18% to $1.0 billion in 2026.
- According to Business Quant data, Research & Development over the past three periods registered $1.0 billion, $710.7 million, and $711.2 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,425.08 Bn | 3,346.81 Bn | 56.06 Bn | 8.92 Bn |
| 2 | Oracle | 712.03 Bn | 673.46 Bn | 15.14 Bn | 2.61 Bn |
| 3 | Palantir Technologies | 384.58 Bn | 376.66 Bn | 1.42 Bn | 160.98 Mn |
| 4 | Palo Alto Networks | 208.80 Bn | 204.26 Bn | 1.91 Bn | 511.00 Mn |
| 5 | CrowdStrike Holdings | 195.63 Bn | 192.58 Bn | 993.68 Mn | 356.41 Mn |
| 6 | Fortinet | 108.69 Bn | 105.40 Bn | 1.49 Bn | 214.00 Mn |
| 7 | Cloudflare | 95.27 Bn | 94.32 Bn | 455.60 Mn | 150.97 Mn |
| 8 | Synopsys | 93.41 Bn | 93.30 Bn | 1.77 Bn | 714.99 Mn |
| 9 | CoreWeave | 65.84 Bn | 63.57 Bn | 2.01 Bn | - |
| 10 | Block | - | - | 2.91 Bn | 1.04 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.04 Bn |
| Dec 31, 2025 | 710.67 Mn |
| Sep 30, 2025 | 711.24 Mn |
| Jun 30, 2025 | 725.29 Mn |
| Mar 31, 2025 | 760.70 Mn |
| Dec 31, 2024 | 769.70 Mn |
| Sep 30, 2024 | 710.98 Mn |
| Jun 30, 2024 | 713.16 Mn |
| Mar 31, 2024 | 720.57 Mn |
| Dec 31, 2023 | 685.42 Mn |
| Sep 30, 2023 | 713.79 Mn |
| Jun 30, 2023 | 694.67 Mn |
| Mar 31, 2023 | 626.94 Mn |
| Dec 31, 2022 | 604.52 Mn |
| Sep 30, 2022 | 548.04 Mn |
| Jun 30, 2022 | 524.83 Mn |
| Mar 31, 2022 | 458.22 Mn |
| Dec 31, 2021 | 391.34 Mn |
| Sep 30, 2021 | 360.73 Mn |
| Jun 30, 2021 | 324.06 Mn |
| Mar 31, 2021 | 310.14 Mn |
| Dec 31, 2020 | 250.67 Mn |
| Sep 30, 2020 | 227.55 Mn |
| Jun 30, 2020 | 207.73 Mn |
| Mar 31, 2020 | 194.99 Mn |
| Dec 31, 2019 | 176.84 Mn |
| Sep 30, 2019 | 168.77 Mn |
| Jun 30, 2019 | 174.20 Mn |
| Mar 31, 2019 | 154.35 Mn |
| Dec 31, 2018 | 141.81 Mn |
| Sep 30, 2018 | 135.77 Mn |
| Jun 30, 2018 | 114.80 Mn |
| Mar 31, 2018 | 105.10 Mn |
| Dec 31, 2017 | 92.63 Mn |
| Sep 30, 2017 | 82.55 Mn |
| Jun 30, 2017 | 78.13 Mn |
| Mar 31, 2017 | 68.58 Mn |
| Dec 31, 2016 | 64.89 Mn |
| Sep 30, 2016 | 70.42 Mn |
| Jun 30, 2016 | 68.64 Mn |
| Mar 31, 2016 | 64.59 Mn |
| Dec 31, 2015 | 59.19 Mn |
| Sep 30, 2015 | 55.02 Mn |
| Jun 30, 2015 | 45.89 Mn |
| Mar 31, 2015 | 39.55 Mn |