Block (BSQKZ) Research & Development (2015 - 2026)
Block's (BSQKZ) quarterly Research & Development came in at $665.0 million in Q2 2026, down 8.32% year-over-year from $725.3 million in Q2 2025, and down 35.99% quarter-over-quarter from $1.0 billion in Q1 2026.
Analysis
Block (BSQKZ) Research & Development (2015 - 2026) Analysis & Trends
Block has disclosed Research & Development across 12 years of filings, most recently posting $665.0 million for Q2 2026.
- In Q2 2026, Research & Development fell 8.32% year-over-year to $665.0 million; the TTM figure through Jun 2026 stood at $3.1 billion (up 5.36% YoY), while the FY2025 annual figure was $2.9 billion, changed 0.22% from the prior year.
- Research & Development came in at $665.0 million for Q2 2026 at Block, down from $1.0 billion 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 $501.6 million in Q1 2022.
- Average Research & Development over 5 years is $690.7 million, with a median of $710.8 million recorded in 2024.
- Year-over-year, Research & Development soared 43.52% in 2022 and declined 8.32% in 2026.
- Over 5 years, Research & Development stood at $604.5 million in 2022, then climbed by 13.38% to $685.4 million in 2023, then increased by 12.3% to $769.7 million in 2024, then dropped by 7.67% to $710.7 million in 2025, then slipped by 6.43% to $665.0 million in 2026.
- Per Business Quant data, the three most recent Research & Development figures were $665.0 million in Q2 2026, $1.0 billion in Q1 2026, and $710.7 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Block | 49.27 Bn | 42.81 Bn | 3.17 Bn | 664.96 Mn |
| 2 | PayPal Holdings | 46.20 Bn | 34.95 Bn | - | 849.00 Mn |
| 3 | Corpay | 26.50 Bn | 19.50 Bn | 1.19 Bn | - |
| 4 | Fiserv | 26.17 Bn | 25.54 Bn | 3.59 Bn | - |
| 5 | Global Payments | 23.63 Bn | 18.23 Bn | 2.03 Bn | - |
| 6 | Wex | 6.47 Bn | 365.44 Mn | 463.80 Mn | 112.70 Mn |
| 7 | Aci Worldwide | 5.23 Bn | 5.06 Bn | 181.57 Mn | 47.90 Mn |
| 8 | Paymentus Holdings | 4.40 Bn | 4.02 Bn | 94.31 Mn | 33.05 Mn |
| 9 | dLocal | 4.27 Bn | 3.40 Bn | 127.15 Mn | -9.89 Mn |
| 10 | Sezzle | 3.91 Bn | 3.83 Bn | - | 4.91 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 664.96 Mn |
| 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 | 530.83 Mn |
| Mar 31, 2022 | 501.56 Mn |
| Dec 31, 2021 | 484.78 Mn |
| Sep 30, 2021 | 409.07 Mn |