Block (XYZ) Invested Capital (2014 - 2026)
Block (XYZ) recorded Invested Capital of $30.17 billion in Q3 2026, down 0.3% from $30.26 billion a year earlier but up 4.4% from the prior quarter.
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Analysis
Block (XYZ) Invested Capital (2014 - 2026) Analysis & Trends
For FY2025, Block reported Invested Capital of $30.86 billion, up 7.1% from FY2024.
- Annual Invested Capital has increased for ten straight years, with a five-year compound annual growth rate of 40.0% (FY2020 to FY2025).
- Across earlier years, Invested Capital came in at $28.82 billion in FY2024 (+18.0%), $24.42 billion in FY2023 (+7.6%), $22.7 billion in FY2022 (+171.2%) and $8.37 billion in FY2021 (+46.0%).
- Quarterly Invested Capital has ranged from $8.37 billion in Q4 2021 to $30.86 billion in Q4 2025 over the past five years.
- On a year-over-year basis, Invested Capital rose in seven of the last eight quarters, with growth averaging 8.5%.
- Peak year-over-year performance for Invested Capital in the last five years was growth of 268.8% in Q1 2022, against a decline of 0.3% in Q3 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at $28.89 billion (Q2 2026), $29.52 billion (Q1 2026) and $30.86 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Block | 51.14 Bn | 22.87 Bn | 3.24 Bn | 29.02 Bn |
| 2 | PayPal Holdings | 49.62 Bn | 8.32 Bn | - | 32.96 Bn |
| 3 | Fiserv | 33.93 Bn | 31.16 Bn | 2.76 Bn | 48.15 Bn |
| 4 | Coinbase Global | 33.79 Bn | -5.85 Bn | - | 20.64 Bn |
| 5 | Corpay | 29.77 Bn | 18.90 Bn | - | 14.58 Bn |
| 6 | Global Payments | 24.30 Bn | -237.28 Mn | 2.01 Bn | 47.47 Bn |
| 7 | Iren | 14.79 Bn | -105.20 Mn | 182.00 Mn | 15.01 Bn |
| 8 | Guidewire Software | 12.98 Bn | 9.54 Bn | 269.68 Mn | 1.87 Bn |
| 9 | Chime Financial | 12.86 Bn | 8.55 Bn | 646.07 Mn | 1.64 Bn |
| 10 | Jack Henry & Associates | 12.37 Bn | 12.28 Bn | 325.50 Mn | 2.18 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 29.02 Bn |
| Jun 30, 2026 | 27.74 Bn |
| Mar 31, 2026 | 28.45 Bn |
| Dec 31, 2025 | 29.40 Bn |
| Sep 30, 2025 | 28.80 Bn |
| Jun 30, 2025 | 26.70 Bn |
| Mar 31, 2025 | 26.07 Bn |
| Dec 31, 2024 | 27.49 Bn |
| Sep 30, 2024 | 25.92 Bn |
| Jun 30, 2024 | 25.37 Bn |
| Mar 31, 2024 | 23.25 Bn |
| Dec 31, 2023 | 23.30 Bn |
| Sep 30, 2023 | 22.00 Bn |
| Jun 30, 2023 | 22.08 Bn |
| Mar 31, 2023 | 22.19 Bn |
| Dec 31, 2022 | 22.31 Bn |
| Sep 30, 2022 | 22.09 Bn |
| Jun 30, 2022 | 21.43 Bn |
| Mar 31, 2022 | 22.55 Bn |
| Dec 31, 2021 | 8.37 Bn |
API Access
Block Invested Capital API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=invested-capital&ticker=XYZ&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "ticker": "XYZ", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=invested-capital&ticker=XYZ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();