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

Block (XYZ) posted Cost of Revenue of $3.1 billion for Q1 2026, down 6.88% sequentially from $3.4 billion in Q4 2025, and up 523.96% YoY from $504.5 million in Q1 2025.

Block (XYZ) Cost of Revenue (2015 - 2026) Analysis & Trends

Block (XYZ) has 12 years of Cost of Revenue data on file, last reported at $3.1 billion in Q1 2026.

  • Quarterly Cost of Revenue rose 523.96% year-over-year to $3.1 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $10.5 billion (up 92.9% YoY) and the FY2025 annual result came in at $13.8 billion, up 597.17% from the prior year.
  • Cost of Revenue fell to $3.1 billion in Q1 2026 per XYZ's latest filing, from $3.4 billion in the prior quarter.
  • The five-year high for Cost of Revenue was $3.9 billion in Q2 2024, with the low at $485.8 million in Q3 2022.
  • Average Cost of Revenue over 5 years is $2.2 billion, with a median of $3.0 billion recorded in 2022.
  • Year-over-year, Cost of Revenue surged 665.49% in 2023 and plunged 86.94% in 2025.
  • Block's Cost of Revenue stood at $3.0 billion in 2022, then increased by 25.3% to $3.7 billion in 2023, then plunged by 86.09% to $521.1 million in 2024, then jumped by 548.72% to $3.4 billion in 2025, then slipped by 6.88% to $3.1 billion in 2026.
  • Business Quant data shows XYZ's Cost of Revenue at $3.1 billion in Q1 2026, $3.4 billion in Q4 2025, and $3.5 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Microsoft 2,853.66 Bn 2,775.39 Bn 56.06 Bn 6.81 Bn
2 Oracle 408.21 Bn 376.86 Bn 17.12 Bn 2.07 Bn
3 Palantir Technologies 300.98 Bn 293.06 Bn 1.42 Bn 215.80 Mn
4 Palo Alto Networks 247.84 Bn 243.30 Bn 1.91 Bn 823.00 Mn
5 CrowdStrike Holdings 193.63 Bn 190.57 Bn 993.68 Mn 463.58 Mn
6 Fortinet 117.45 Bn 114.16 Bn 1.49 Bn 636.30 Mn
7 Cloudflare 86.88 Bn 85.93 Bn 455.60 Mn 184.16 Mn
8 Synopsys 86.18 Bn 86.06 Bn 1.77 Bn 396.38 Mn
9 Block 46.10 Bn 39.21 Bn 2.91 Bn 3.15 Bn
10 CoreWeave 45.15 Bn 42.89 Bn 2.01 Bn 69.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 3.15 Bn
Mar 31, 2026 3.15 Bn
Dec 31, 2025 3.38 Bn
Dec 31, 2025 3.38 Bn
Sep 30, 2025 3.45 Bn
Sep 30, 2025 3.45 Bn
Jun 30, 2025 549.73 Mn
Jun 30, 2025 549.73 Mn
Mar 31, 2025 504.46 Mn
Mar 31, 2025 504.46 Mn
Dec 31, 2024 521.06 Mn
Dec 31, 2024 521.06 Mn
Sep 30, 2024 511.76 Mn
Sep 30, 2024 511.76 Mn
Jun 30, 2024 3.92 Bn
Jun 30, 2024 3.92 Bn
Mar 31, 2024 3.86 Bn
Mar 31, 2024 3.86 Bn
Dec 31, 2023 3.75 Bn
Dec 31, 2023 3.75 Bn