Block (BSQKZ) Tax Rate (2015 - 2026)
Block recorded quarterly Tax Rate of 21.4% in Q1 2026, down 49.99% quarter-over-quarter from 42.78% in Q4 2025, and up 451.0% year-over-year from 3.88% in Q1 2025.
Block's Tax Rate history runs 12 years deep, the most recent figure standing at 21.4% for Q1 2026.
- In Q1 2026, Tax Rate rose 451.0% year-over-year to 21.4%; the TTM figure through Mar 2026 stood at 24.6% (up 13219.0% YoY), while the FY2025 annual figure was 22.82%, up 13404.0% from the prior year.
- Tax Rate came in at 21.4% for Q1 2026 at Block, down from 42.78% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 47.98% in Q3 2022 to a low of 654.08% in Q3 2023.
- A 5-year average of 70.84% and a median of 7.22% in 2023 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate tumbled 70206 bps in 2023 and jumped 66735 bps in 2024, its largest moves.
- Block's Tax Rate stood at 4.79% in 2022, then plunged by 5566 bps to 271.32% in 2023, then tumbled by 72 bps to 467.97% in 2024, then surged by 109 bps to 42.78% in 2025, then slumped by 50 bps to 21.4% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 21.4%, 42.78%, and 23.26% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,425.08 Bn | 3,346.81 Bn | 56.06 Bn | 19.22 |
| 2 | Oracle | 712.03 Bn | 673.46 Bn | 15.14 Bn | 15.74 |
| 3 | Palantir Technologies | 384.58 Bn | 376.66 Bn | 1.42 Bn | 1.37 |
| 4 | Palo Alto Networks | 208.80 Bn | 204.26 Bn | 1.91 Bn | 21.31 |
| 5 | CrowdStrike Holdings | 195.63 Bn | 192.58 Bn | 993.68 Mn | -6.22 |
| 6 | Fortinet | 108.69 Bn | 105.40 Bn | 1.49 Bn | 18.58 |
| 7 | Cloudflare | 95.27 Bn | 94.32 Bn | 455.60 Mn | -7.01 |
| 8 | Synopsys | 93.41 Bn | 93.30 Bn | 1.77 Bn | 18.14 |
| 9 | CoreWeave | 65.84 Bn | 63.57 Bn | 2.01 Bn | -12.80 |
| 10 | Block | - | - | 2.91 Bn | 21.40 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 21.40 |
| Mar 31, 2026 | 21.40 |
| Dec 31, 2025 | 42.78 |
| Dec 31, 2025 | 42.78 |
| Sep 30, 2025 | 23.26 |
| Sep 30, 2025 | 23.26 |
| Jun 30, 2025 | 18.35 |
| Jun 30, 2025 | 18.35 |
| Mar 31, 2025 | 16.88 |
| Mar 31, 2025 | 16.88 |
| Dec 31, 2024 | -467.97 |
| Dec 31, 2024 | -467.97 |
| Sep 30, 2024 | 13.27 |
| Sep 30, 2024 | 13.27 |
| Jun 30, 2024 | 23.72 |
| Jun 30, 2024 | 23.72 |
| Mar 31, 2024 | 7.01 |
| Mar 31, 2024 | 7.01 |
| Dec 31, 2023 | -271.32 |
| Dec 31, 2023 | -271.32 |
| Sep 30, 2023 | -654.08 |
| Sep 30, 2023 | -654.08 |
| Jun 30, 2023 | 7.22 |
| Jun 30, 2023 | 7.22 |
| Mar 31, 2023 | -28.24 |
| Mar 31, 2023 | -28.24 |
| Dec 31, 2022 | -4.79 |
| Dec 31, 2022 | -4.79 |
| Sep 30, 2022 | 47.98 |
| Sep 30, 2022 | 47.98 |
| Jun 30, 2022 | -0.63 |
| Jun 30, 2022 | -0.63 |
| Mar 31, 2022 | 0.81 |
| Mar 31, 2022 | 0.81 |
| Dec 31, 2021 | -8.87 |
| Dec 31, 2021 | -8.87 |
| Sep 30, 2021 | -18.65 |
| Sep 30, 2021 | -18.65 |
| Jun 30, 2021 | -4.84 |
| Jun 30, 2021 | -4.84 |
| Mar 31, 2021 | 2.37 |
| Mar 31, 2021 | 2.37 |
| Dec 31, 2020 | 1.49 |
| Dec 31, 2020 | 1.49 |
| Sep 30, 2020 | -3.90 |
| Sep 30, 2020 | -3.90 |
| Jun 30, 2020 | 6.15 |
| Jun 30, 2020 | 6.15 |
| Mar 31, 2020 | -0.47 |
| Mar 31, 2020 | -0.47 |
| Dec 31, 2019 | 0.12 |
| Dec 31, 2019 | 0.12 |
| Sep 30, 2019 | 8.14 |
| Sep 30, 2019 | 8.14 |
| Jun 30, 2019 | 6.93 |
| Jun 30, 2019 | 6.93 |
| Mar 31, 2019 | -0.26 |
| Mar 31, 2019 | -0.26 |
| Dec 31, 2018 | -1.74 |
| Dec 31, 2018 | -1.74 |
| Sep 30, 2018 | 5.31 |
| Sep 30, 2018 | 5.31 |
| Jun 30, 2018 | -11.32 |
| Jun 30, 2018 | -11.32 |
| Mar 31, 2018 | -0.84 |
| Mar 31, 2018 | -0.84 |
| Dec 31, 2017 | 0.95 |
| Dec 31, 2017 | 0.95 |
| Sep 30, 2017 | 3.58 |
| Sep 30, 2017 | 3.58 |
| Jun 30, 2017 | -3.05 |
| Jun 30, 2017 | -3.05 |
| Mar 31, 2017 | -3.49 |
| Mar 31, 2017 | -3.49 |
| Dec 31, 2016 | -7.33 |
| Dec 31, 2016 | -7.33 |
| Sep 30, 2016 | -0.72 |
| Sep 30, 2016 | -0.72 |
| Jun 30, 2016 | -1.15 |
| Jun 30, 2016 | -1.15 |
| Mar 31, 2016 | -0.35 |
| Mar 31, 2016 | -0.35 |
| Dec 31, 2015 | -2.64 |
| Dec 31, 2015 | -2.64 |
| Sep 30, 2015 | -1.76 |
| Sep 30, 2015 | -1.76 |
| Jun 30, 2015 | -4.05 |
| Jun 30, 2015 | -4.05 |
| Mar 31, 2015 | -0.88 |
| Mar 31, 2015 | -0.88 |