Block (XYZ) Net Margin (2015 - 2026)
Block (XYZ) recorded Net Margin of 1.34% in Q2 2026, down 7.56 percentage points from 8.89% a year earlier but up 6.43 percentage points from the prior quarter.
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Analysis
Block (XYZ) Net Margin (2015 - 2026) Analysis & Trends
On a TTM basis, Block's Net Margin came in at 1.43% as of Jun 30, 2026, down 10.98 percentage points year-over-year; for FY2025, it was 5.40%, down 6.61 percentage points from FY2024.
- Annual Net Margin has a five-year change of +3.15 percentage points (FY2020 to FY2025).
- Across earlier years, Net Margin came in at 12.01% in FY2024 (+11.97 pp), 0.04% in FY2023 (+3.13 pp), -3.08% in FY2022 (-4.03 pp) and 0.94% in FY2021 (-1.30 pp).
- Quarterly Net Margin has ranged from -5.16% in Q1 2022 to 32.26% in Q4 2024 over the past five years.
- On a year-over-year basis, Net Margin has declined for three consecutive quarters, with an average year-over-year change of -0.71 percentage points over the last eight quarters.
- Peak year-over-year performance for Net Margin in the last five years was a gain of 30.49 percentage points in Q4 2024, against a drop of 30.41 percentage points in Q4 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at -5.10% (Q1 2026), 1.85% (Q4 2025) and 7.55% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Coinbase Global | 49.17 Bn | 5.98 Bn | - | -29.46% |
| 2 | PayPal Holdings | 45.28 Bn | 3.51 Bn | - | 12.72% |
| 3 | Block | 44.18 Bn | 15.44 Bn | 3.17 Bn | 1.34% |
| 4 | Iren | 31.11 Bn | 18.70 Bn | 103.89 Mn | -498.45% |
| 5 | Corpay | 25.52 Bn | 15.72 Bn | - | 18.55% |
| 6 | Fiserv | 24.03 Bn | 20.73 Bn | 2.90 Bn | 11.85% |
| 7 | Global Payments | 21.72 Bn | 155.29 Mn | 2.03 Bn | 0.39% |
| 8 | Bitmine Immersion Technologies | 15.32 Bn | 12.70 Bn | 40.81 Mn | -179.60% |
| 9 | Guidewire Software | 11.69 Bn | 8.26 Bn | 269.68 Mn | 7.64% |
| 10 | Hut 8 | 10.61 Bn | 10.45 Bn | 48.04 Mn | -200.44% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.34% |
| Mar 31, 2026 | -5.10% |
| Dec 31, 2025 | 1.85% |
| Sep 30, 2025 | 7.55% |
| Jun 30, 2025 | 8.89% |
| Mar 31, 2025 | 3.29% |
| Dec 31, 2024 | 32.26% |
| Sep 30, 2024 | 4.75% |
| Jun 30, 2024 | 3.17% |
| Mar 31, 2024 | 7.92% |
| Dec 31, 2023 | 1.77% |
| Sep 30, 2023 | -1.58% |
| Jun 30, 2023 | -1.84% |
| Mar 31, 2023 | 1.97% |
| Dec 31, 2022 | -2.45% |
| Sep 30, 2022 | -0.33% |
| Jun 30, 2022 | -4.72% |
| Mar 31, 2022 | -5.16% |
| Dec 31, 2021 | -1.88% |
| Sep 30, 2021 | 0.00% |
API Access
Block Net Margin 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=net-margin&ticker=XYZ&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "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=net-margin&ticker=XYZ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();