Block (XYZ) Gross Margin (2015 - 2026)
Block's (XYZ) quarterly Gross Margin came in at 47.84% in Q2 2026, up 595.0% year-over-year from 6.88% in Q2 2025, and little changed quarter-over-quarter from 48.03% in Q1 2026.
Analysis
Block (XYZ) Gross Margin (2015 - 2026) Analysis & Trends
Block has disclosed Gross Margin across 12 years of filings, most recently posting 47.84% for Q2 2026.
- In Q2 2026, Gross Margin rose 595.0% year-over-year to 47.84%; the TTM figure through Jun 2026 stood at 46.36% (up 697.0% YoY), while the FY2025 annual figure was 42.82%, up 597.0% from the prior year.
- Gross Margin came in at 47.84% for Q2 2026 at Block, roughly flat from 48.03% 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.
- Average Gross Margin over 5 years is 38.21%, with a median of 35.99% recorded in 2022.
- Year-over-year, Gross Margin soared 1364 bps in 2022 and sank 91 bps in 2023.
- Over 5 years, Gross Margin stood at 35.7% in 2022, then declined by 2 bps to 35.09% in 2023, then climbed by 9 bps to 38.32% in 2024, then advanced by 20 bps to 45.94% in 2025, then increased by 4 bps to 47.84% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 47.84% in Q2 2026, 48.03% in Q1 2026, and 45.94% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Block | 47.96 Bn | 41.53 Bn | 3.17 Bn | 47.84% |
| 2 | PayPal Holdings | 46.69 Bn | 35.44 Bn | - | - |
| 3 | Fiserv | 26.99 Bn | 26.36 Bn | 3.59 Bn | 67.76% |
| 4 | Corpay | 26.69 Bn | 19.68 Bn | 1.19 Bn | 88.75% |
| 5 | Global Payments | 24.17 Bn | 18.76 Bn | 2.03 Bn | 61.04% |
| 6 | Wex | 6.49 Bn | 384.52 Mn | 463.80 Mn | 61.55% |
| 7 | Aci Worldwide | 5.27 Bn | 5.10 Bn | 181.57 Mn | 42.18% |
| 8 | Paymentus Holdings | 4.46 Bn | 4.08 Bn | 94.31 Mn | 26.14% |
| 9 | dLocal | 4.35 Bn | 3.47 Bn | 127.15 Mn | 31.81% |
| 10 | Sezzle | 4.00 Bn | 3.91 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 47.84% |
| 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% |