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
DateValue
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