Block (XYZ) Gross Margin (2015 - 2026)

Block (XYZ) posted Gross Margin of 48.03% for Q1 2026, up 4.56% sequentially from 45.94% in Q4 2025, and up 836.0% YoY from 5.13% in Q1 2025.

Block (XYZ) Gross Margin (2015 - 2026) Analysis & Trends

Block has reported Gross Margin for 12 years, with the latest figure at 48.03% in Q1 2026.

Quarterly Gross Margin rose 836.0% year-over-year to 48.03% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 44.85% (up 690.0% YoY) and the FY2025 annual result came in at 42.82%, up 597.0% from the prior year.
Gross Margin climbed to 48.03% in Q1 2026 per XYZ's latest filing, from 45.94% in the prior quarter.
Over five years, Gross Margin peaked at 48.03% in Q1 2026 and troughed at 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.
The sharpest annual moves came in 2022 and 2023: Gross Margin jumped 1364 bps in 2022, then slumped 91 bps in 2023.
Over 5 years, Gross Margin stood at 35.7% in 2022, then retreated by 2 bps to 35.09% in 2023, then increased by 9 bps to 38.32% in 2024, then grew by 20 bps to 45.94% in 2025, then gained by 5 bps to 48.03% in 2026.
According to Business Quant data, Gross Margin over the past three periods registered 48.03%, 45.94%, and 43.53% for Q1 2026, Q4 2025, and Q3 2025 respectively.

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)	Gross Margin (Qtr)
1	Microsoft	3,576.39 Bn	3,443.64 Bn	60.48 Bn	67.20%
2	Palantir Technologies	412.58 Bn	403.17 Bn	1.64 Bn	84.66%
3	Oracle	407.66 Bn	375.77 Bn	-	-
4	Palo Alto Networks	299.27 Bn	296.16 Bn	2.03 Bn	67.55%
5	Fortinet	115.83 Bn	111.76 Bn	1.64 Bn	80.24%
6	Cloudflare	106.65 Bn	102.48 Bn	499.52 Mn	71.76%
7	Synopsys	76.61 Bn	74.41 Bn	1.77 Bn	73.54%
8	CoreWeave	51.53 Bn	45.99 Bn	1.70 Bn	65.86%
9	Block	47.55 Bn	41.12 Bn	3.17 Bn	47.84%
10	NetApp	40.73 Bn	37.15 Bn	1.37 Bn	70.07%

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