Block (XYZ) Cost of Revenue (2015 - 2026)

Block has disclosed Cost of Revenue across 12 years of filings, most recently posting $3.1 billion for Q1 2026.

• Cost of Revenue for Q1 2026 came in at $3.1 billion, up 523.96% year-over-year; the trailing twelve-month figure through Mar 2026 was $10.5 billion (up 92.9% YoY), and the FY2025 annual result was $13.8 billion, up 597.17% from the prior year.
• Cost of Revenue came in at $3.1 billion for Q1 2026 at Block, down from $3.4 billion in the prior quarter.
• In the past five years, Cost of Revenue ranged from a high of $3.9 billion in Q2 2024 to a low of $485.8 million in Q3 2022.
• The 5-year median for Cost of Revenue is $3.0 billion (2022), against an average of $2.2 billion.
• Across the five-year window, Cost of Revenue jumped 665.49% in 2023 and slumped 86.94% in 2025, its largest moves.
• Block's Cost of Revenue stood at $3.0 billion in 2022, then advanced by 25.3% to $3.7 billion in 2023, then tumbled by 86.09% to $521.1 million in 2024, then jumped by 548.72% to $3.4 billion in 2025, then fell by 6.88% to $3.1 billion in 2026.
• The last three Cost of Revenue figures came in at $3.1 billion (Q1 2026), $3.4 billion (Q4 2025), and $3.5 billion (Q3 2025), per Business Quant data.