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 (XYZ) has 12 years of Gross Margin data on file, last reported 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.
- The five-year high for Gross Margin was 48.03% in Q1 2026, with the low at 32.7% in Q1 2022.
- Average Gross Margin over 5 years is 37.64%, with a median of 35.7% recorded in 2022.
- Year-over-year, Gross Margin soared 1364 bps in 2022 and plunged 91 bps in 2023.
- Block's Gross Margin stood at 35.7% in 2022, then decreased by 2 bps to 35.09% in 2023, then rose by 9 bps to 38.32% in 2024, then increased by 20 bps to 45.94% in 2025, then advanced 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,853.66 Bn | 2,775.39 Bn | 56.06 Bn | 67.63% |
| 2 | Oracle | 408.21 Bn | 376.86 Bn | 17.12 Bn | 89.22% |
| 3 | Palantir Technologies | 300.98 Bn | 293.06 Bn | 1.42 Bn | 86.78% |
| 4 | Palo Alto Networks | 247.84 Bn | 243.30 Bn | 1.91 Bn | 73.59% |
| 5 | CrowdStrike Holdings | 193.63 Bn | 190.57 Bn | 993.68 Mn | 76.12% |
| 6 | Fortinet | 117.45 Bn | 114.16 Bn | 1.49 Bn | 80.29% |
| 7 | Cloudflare | 86.88 Bn | 85.93 Bn | 455.60 Mn | 71.21% |
| 8 | Synopsys | 86.18 Bn | 86.06 Bn | 1.77 Bn | 73.54% |
| 9 | Block | 46.10 Bn | 39.21 Bn | 2.91 Bn | 48.03% |
| 10 | CoreWeave | 45.15 Bn | 42.89 Bn | 2.01 Bn | 96.68% |
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% |