Block (XYZ) Operating Expenses (2015 - 2026)
Block's (XYZ) quarterly Operating Expenses came in at $2.7 billion in Q2 2026, up 32.5% year-over-year from $2.1 billion in Q2 2025, and down 11.75% quarter-over-quarter from $3.1 billion in Q1 2026.
Analysis
Block (XYZ) Operating Expenses (2015 - 2026) Analysis & Trends
Block has disclosed Operating Expenses across 12 years of filings, most recently posting $2.7 billion for Q2 2026.
- In Q2 2026, Operating Expenses rose 32.5% year-over-year to $2.7 billion; the TTM figure through Jun 2026 stood at $10.4 billion (up 26.73% YoY), while the FY2025 annual figure was $8.7 billion, up 8.19% from the prior year.
- Operating Expenses came in at $2.7 billion for Q2 2026 at Block, down from $3.1 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.
- Average Operating Expenses over 5 years is $2.0 billion, with a median of $1.9 billion recorded in 2024.
- Year-over-year, Operating Expenses soared 69.88% in 2022 and decreased 3.57% in 2024.
- Over 5 years, 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 rose by 13.92% to $2.7 billion in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $2.7 billion in Q2 2026, $3.1 billion in Q1 2026, and $2.4 billion in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Block | 47.98 Bn | 41.55 Bn | 3.17 Bn | 2.72 Bn |
| 2 | PayPal Holdings | 46.64 Bn | 35.38 Bn | - | 7.26 Bn |
| 3 | Fiserv | 27.03 Bn | 26.41 Bn | 3.59 Bn | 4.28 Bn |
| 4 | Corpay | 26.76 Bn | 19.76 Bn | 1.19 Bn | 260.40 Mn |
| 5 | Global Payments | 24.10 Bn | 18.69 Bn | 2.03 Bn | 2.98 Bn |
| 6 | Wex | 6.49 Bn | 390.77 Mn | 463.80 Mn | 233.50 Mn |
| 7 | Aci Worldwide | 5.27 Bn | 5.10 Bn | 181.57 Mn | 385.77 Mn |
| 8 | Paymentus Holdings | 4.48 Bn | 4.10 Bn | 94.31 Mn | 61.69 Mn |
| 9 | dLocal | 4.39 Bn | 3.51 Bn | 127.15 Mn | -46.35 Mn |
| 10 | Sezzle | 4.01 Bn | 3.93 Bn | - | 94.72 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.72 Bn |
| 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 |