KPIs & Operating Metrics(New)
Growth Metrics

Block (XYZ) Cost of Revenue (2016 - 2025)

Block (XYZ) has disclosed Cost of Revenue for 11 consecutive years, with -$8.2 billion as the latest value for Q4 2025.

  • Quarterly Cost of Revenue fell 159.41% to -$8.2 billion in Q4 2025 from the year-ago period, while the trailing twelve-month figure was -$3.5 billion through Dec 2025, down 119.03% year-over-year, with the annual reading at $2.3 billion for FY2025, 85.08% down from the prior year.
  • Cost of Revenue hit -$8.2 billion in Q4 2025 for Block, down from $599.3 million in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $13.8 billion in Q4 2024 to a low of -$8.2 billion in Q4 2025.
  • Historically, Cost of Revenue has averaged $1.7 billion across 5 years, with a median of $535.3 million in 2022.
  • Biggest five-year swings in Cost of Revenue: surged 2621.06% in 2024 and later tumbled 159.41% in 2025.
  • Year by year, Cost of Revenue stood at $484.8 million in 2021, then rose by 11.33% to $539.7 million in 2022, then decreased by 6.25% to $506.0 million in 2023, then soared by 2621.06% to $13.8 billion in 2024, then crashed by 159.41% to -$8.2 billion in 2025.
  • Business Quant data shows Cost of Revenue for XYZ at -$8.2 billion in Q4 2025, $599.3 million in Q3 2025, and $549.7 million in Q2 2025.