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| 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% |