Block (XYZ) Gross Margin (2015 - 2026)
Block (XYZ) reported Gross Margin of 48.03% for Q1 2026, up 836.0% on a YoY basis from 5.13% in Q1 2025, and up 4.56% sequentially from 45.94% in Q4 2025.
Block (XYZ) Gross Margin (2015 - 2026) Analysis & Trends
Block (XYZ) has 12 years of Gross Margin data on file, last reported at 48.03% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin rose 836.0% year-over-year to 48.03%; the trailing twelve-month figure through Mar 2026 stood at 44.85% (up 690.0% YoY), and the FY2025 full-year result was 42.82%, up 597.0% from the prior year.
- Gross Margin climbed to 48.03% in Q1 2026, from 45.94% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 48.03% in Q1 2026 to a low of 32.7% in Q1 2022.
- A 5-year average of 37.64% and a median of 35.7% in 2022 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin surged 1364 bps in 2022 and plunged 91 bps in 2023, its largest moves.
- Tracing XYZ's Gross Margin over 5 years: stood at 35.7% in 2022, then dropped by 2 bps to 35.09% in 2023, then advanced by 9 bps to 38.32% in 2024, then gained by 20 bps to 45.94% in 2025, then grew by 5 bps to 48.03% in 2026.
- Business Quant data shows XYZ's Gross Margin at 48.03% in Q1 2026, 45.94% in Q4 2025, and 43.53% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,892.72 Bn | 2,768.29 Bn | 56.06 Bn | 67.63% |
| 2 | PagSeguro Digital | 2,612.76 Bn | 2,612.76 Bn | 358.92 Mn | 37.73% |
| 3 | Oracle | 342.46 Bn | 310.56 Bn | - | - |
| 4 | Repay Holdings | 334.04 Bn | 333.89 Bn | - | - |
| 5 | Palantir Technologies | 314.12 Bn | 306.10 Bn | 1.42 Bn | 86.78% |
| 6 | Palo Alto Networks | 224.02 Bn | 219.48 Bn | 1.91 Bn | 73.59% |
| 7 | CrowdStrike Holdings | 180.98 Bn | 177.88 Bn | 993.68 Mn | 76.12% |
| 8 | Fortinet | 112.73 Bn | 109.43 Bn | 1.49 Bn | 80.29% |
| 9 | Cloudflare | 93.73 Bn | 92.79 Bn | 455.60 Mn | 71.21% |
| 10 | Block | 48.28 Bn | 41.42 Bn | 2.91 Bn | 48.03% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 48.03% |
| Dec 31, 2025 | 45.94% |
| Sep 30, 2025 | 43.53% |
| Jun 30, 2025 | 41.90% |
| Mar 31, 2025 | 39.67% |
| Dec 31, 2024 | 38.32% |
| Sep 30, 2024 | 37.65% |
| Jun 30, 2024 | 36.28% |
| Mar 31, 2024 | 35.16% |
| Dec 31, 2023 | 35.09% |
| Sep 30, 2023 | 33.80% |
| Jun 30, 2023 | 33.71% |
| Mar 31, 2023 | 34.36% |
| Dec 31, 2022 | 35.70% |
| Sep 30, 2022 | 34.70% |
| Jun 30, 2022 | 33.37% |
| Mar 31, 2022 | 32.70% |
| Dec 31, 2021 | 28.98% |
| Sep 30, 2021 | 29.47% |
| Jun 30, 2021 | 24.38% |