Block (XYZ) Operating Expenses (2015 - 2026)
Block's (XYZ) quarterly Operating Expenses came in at $3.1 billion in Q1 2026, up 57.18% year-on-year from $2.0 billion in Q1 2025, and up 29.09% quarter-over-quarter from $2.4 billion in Q4 2025.
Block (XYZ) Operating Expenses (2015 - 2026) Analysis & Trends
Block has disclosed Operating Expenses across 12 years of filings, most recently posting $3.1 billion for Q1 2026.
- Operating Expenses for Q1 2026 came in at $3.1 billion, up 57.18% year-over-year; the trailing twelve-month figure through Mar 2026 was $9.8 billion (up 20.46% YoY), and the FY2025 annual result was $8.7 billion, up 8.19% from the prior year.
- Operating Expenses came in at $3.1 billion for Q1 2026 at Block, up from $2.4 billion in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $3.1 billion in Q1 2026 to a low of $1.5 billion in Q1 2022.
- The 5-year median for Operating Expenses is $1.9 billion (2024), against an average of $2.0 billion.
- Across the five-year window, Operating Expenses surged 69.88% in 2022 and retreated 3.57% in 2024, its largest moves.
- Block's Operating Expenses stood at $1.8 billion in 2022, then gained by 20.11% to $2.2 billion in 2023, then rose by 6.58% to $2.3 billion in 2024, then climbed by 3.85% to $2.4 billion in 2025, then grew by 29.09% to $3.1 billion in 2026.
- The last three Operating Expenses figures came in at $3.1 billion (Q1 2026), $2.4 billion (Q4 2025), and $2.3 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,998.30 Bn | 2,920.03 Bn | 56.06 Bn | 10.85 Bn |
| 2 | Alarum Technologies | 1,040.72 Bn | 1,026.57 Bn | 7.23 Mn | 6.42 Mn |
| 3 | Oracle | 590.32 Bn | 551.74 Bn | 15.14 Bn | 11.73 Bn |
| 4 | Palantir Technologies | 316.31 Bn | 308.39 Bn | 1.42 Bn | 662.79 Mn |
| 5 | Palo Alto Networks | 181.17 Bn | 176.63 Bn | 1.91 Bn | 1.51 Bn |
| 6 | CrowdStrike Holdings | 161.69 Bn | 158.63 Bn | 993.68 Mn | 979.89 Mn |
| 7 | Fortinet | 102.35 Bn | 99.06 Bn | 1.49 Bn | 905.10 Mn |
| 8 | Synopsys | 88.25 Bn | 88.13 Bn | 1.77 Bn | 1.57 Bn |
| 9 | Cloudflare | 83.26 Bn | 82.32 Bn | 455.60 Mn | 517.59 Mn |
| 10 | Block | 40.84 Bn | 33.95 Bn | 2.91 Bn | 3.08 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 3.08 Bn |
| Dec 31, 2025 | 2.39 Bn |
| Sep 30, 2025 | 2.25 Bn |
| Jun 30, 2025 | 2.05 Bn |
| Mar 31, 2025 | 1.96 Bn |
| Dec 31, 2024 | 2.30 Bn |
| Sep 30, 2024 | 1.93 Bn |
| Jun 30, 2024 | 1.93 Bn |
| Mar 31, 2024 | 1.84 Bn |
| Dec 31, 2023 | 2.16 Bn |
| Sep 30, 2023 | 1.91 Bn |
| Jun 30, 2023 | 2.00 Bn |
| Mar 31, 2023 | 1.72 Bn |
| Dec 31, 2022 | 1.80 Bn |
| Sep 30, 2022 | 1.62 Bn |
| Jun 30, 2022 | 1.68 Bn |
| Mar 31, 2022 | 1.52 Bn |
| Dec 31, 2021 | 1.24 Bn |
| Sep 30, 2021 | 1.11 Bn |
| Jun 30, 2021 | 1.02 Bn |