Block (XYZ) Gross Margin (2015 - 2026)

Block's (XYZ) quarterly Gross Margin came in at 48.03% in Q1 2026, up 836.0% year-on-year from 5.13% in Q1 2025, and up 4.56% quarter-over-quarter from 45.94% in Q4 2025.

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

Block has disclosed Gross Margin across 12 years of filings, most recently posting 48.03% for Q1 2026.

  • Gross Margin for Q1 2026 came in at 48.03%, up 836.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 44.85% (up 690.0% YoY), and the FY2025 annual result was 42.82%, up 597.0% from the prior year.
  • Gross Margin came in at 48.03% for Q1 2026 at Block, up 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.
  • The 5-year median for Gross Margin is 35.7% (2022), against an average of 37.64%.
  • Across the five-year window, Gross Margin surged 1364 bps in 2022 and slumped 91 bps in 2023, its largest moves.
  • Block's 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 5 bps to 48.03% in 2026.
  • The last three Gross Margin figures came in at 48.03% (Q1 2026), 45.94% (Q4 2025), and 43.53% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Microsoft 2,998.30 Bn 2,920.03 Bn 56.06 Bn 67.63%
2 Alarum Technologies 1,040.72 Bn 1,026.57 Bn 7.23 Mn 61.73%
3 Oracle 590.32 Bn 551.74 Bn 15.14 Bn 88.06%
4 Palantir Technologies 316.31 Bn 308.39 Bn 1.42 Bn 86.78%
5 Palo Alto Networks 181.17 Bn 176.63 Bn 1.91 Bn 73.59%
6 CrowdStrike Holdings 161.69 Bn 158.63 Bn 993.68 Mn 76.12%
7 Fortinet 102.35 Bn 99.06 Bn 1.49 Bn 80.29%
8 Synopsys 88.25 Bn 88.13 Bn 1.77 Bn 73.54%
9 Cloudflare 83.26 Bn 82.32 Bn 455.60 Mn 71.21%
10 Block 40.84 Bn 33.95 Bn 2.91 Bn 48.03%

Historic Data

Download Data
DateValue
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%