Block (XYZ) FCF Margin (2015 - 2026)
Block's FCF Margin was 14.61% in Q2 2026, up 8.94 percentage points from 5.67% a year earlier but down 0.83 percentage points from the prior quarter.
Block (XYZ) FCF Margin (2015 - 2026) Analysis & Trends
On a trailing twelve-month basis, Block's FCF Margin was 15.50% through Jun 30, 2026, up 11.06 percentage points year-over-year; for FY2025, it was 10.02%, up 3.58 percentage points from FY2024.
- FCF Margin shows a five-year change of +9.66 percentage points (FY2020 to FY2025).
- In earlier years, FCF Margin was 6.44% in FY2024 (+6.67 pp), -0.23% in FY2023 (-0.26 pp), 0.03% in FY2022 (-4.01 pp) and 4.04% in FY2021 (+3.67 pp).
- Quarterly FCF Margin has moved between -14.72% (Q4 2023) and 22.90% (Q3 2025) over five years.
- Compared with a year earlier, FCF Margin has increased for four straight quarters, with an average year-over-year change of +6.67 percentage points over the last eight quarters.
- The best year-over-year quarter for FCF Margin over five years was Q4 2024 (a gain of 14.50 percentage points); the worst was Q4 2023 (a drop of 14.64 percentage points).
- Per Business Quant data, XYZ's FCF Margin in the three quarters before Q2 2026 was 15.44% (Q1 2026), 9.27% (Q4 2025) and 22.90% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Coinbase Global | 50.59 Bn | 7.40 Bn | - | 16.17% |
| 2 | PayPal Holdings | 46.79 Bn | 5.01 Bn | - | 20.44% |
| 3 | Block | 44.05 Bn | 15.31 Bn | 3.17 Bn | 14.61% |
| 4 | Iren | 31.74 Bn | 19.34 Bn | 103.89 Mn | 351.43% |
| 5 | Corpay | 26.01 Bn | 16.21 Bn | - | 105.74% |
| 6 | Fiserv | 24.47 Bn | 21.17 Bn | 2.90 Bn | 18.61% |
| 7 | Global Payments | 22.51 Bn | 952.73 Mn | 2.03 Bn | 12.86% |
| 8 | Bitmine Immersion Technologies | 15.56 Bn | 12.94 Bn | 40.81 Mn | 62.27% |
| 9 | Guidewire Software | 11.90 Bn | 8.47 Bn | 269.68 Mn | 68.54% |
| 10 | Hut 8 | 11.42 Bn | 11.26 Bn | 48.04 Mn | -780.96% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 14.61% |
| Mar 31, 2026 | 15.44% |
| Dec 31, 2025 | 9.27% |
| Sep 30, 2025 | 22.90% |
| Jun 30, 2025 | 5.67% |
| Mar 31, 2025 | 1.76% |
| Dec 31, 2024 | -0.22% |
| Sep 30, 2024 | 10.51% |
| Jun 30, 2024 | 7.81% |
| Mar 31, 2024 | 7.68% |
| Dec 31, 2023 | -14.72% |
| Sep 30, 2023 | 8.07% |
| Jun 30, 2023 | 1.51% |
| Mar 31, 2023 | 5.25% |
| Dec 31, 2022 | -0.08% |
| Sep 30, 2022 | -0.46% |
| Jun 30, 2022 | -3.61% |
| Mar 31, 2022 | 4.75% |
| Dec 31, 2021 | 3.88% |
| Sep 30, 2021 | 9.78% |
Block FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=XYZ&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "XYZ", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=XYZ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();