Block (XYZ) Asset Writedowns and Impairment (2021 - 2023)

Block has disclosed Asset Writedowns and Impairment across 3 years of filings, most recently posting $132.3 million for Q4 2023.

• Asset Writedowns and Impairment for Q4 2023 came in at $132.3 million, up 452.08% year-over-year; the trailing twelve-month figure through Dec 2023 was $94.7 million (changed N/A YoY), and the FY2024 annual result was $133.9 million, up 1.16% from the prior year.
• Asset Writedowns and Impairment came in at $132.3 million for Q4 2023 at Block, up from -$37.6 million in the prior quarter.
• In the past five years, Asset Writedowns and Impairment ranged from a high of $132.3 million in Q4 2023 to a low of -$37.6 million in Q4 2022.
• The 3-year median for Asset Writedowns and Impairment is $19.9 million (2021), against an average of $29.1 million.
• Across the five-year window, Asset Writedowns and Impairment tumbled 73.02% in 2022 and jumped 452.08% in 2023, its largest moves.
• Block's Asset Writedowns and Impairment stood at $6.0 million in 2021, then tumbled by 726.33% to -$37.6 million in 2022, then surged by 452.08% to $132.3 million in 2023.
• The last three Asset Writedowns and Impairment figures came in at $132.3 million (Q4 2023), -$37.6 million (Q4 2022), and $1.6 million (Q3 2022), per Business Quant data.