Block (XYZ) Operating Expenses (2015 - 2026)

Block (XYZ) posted Operating Expenses of $3.1 billion for Q1 2026, up 29.09% sequentially from $2.4 billion in Q4 2025, and up 57.18% YoY from $2.0 billion in Q1 2025.

Block (XYZ) Operating Expenses (2015 - 2026) Analysis & Trends

Block (XYZ) has 12 years of Operating Expenses data on file, last reported at $3.1 billion in Q1 2026.

  • Quarterly Operating Expenses rose 57.18% year-over-year to $3.1 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $9.8 billion (up 20.46% YoY) and the FY2025 annual result came in at $8.7 billion, up 8.19% from the prior year.
  • Operating Expenses grew to $3.1 billion in Q1 2026 per XYZ's latest filing, from $2.4 billion in the prior quarter.
  • The five-year high for Operating Expenses was $3.1 billion in Q1 2026, with the low at $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 declined 3.57% in 2024.
  • Block's Operating Expenses stood at $1.8 billion in 2022, then grew by 20.11% to $2.2 billion in 2023, then climbed by 6.58% to $2.3 billion in 2024, then rose by 3.85% to $2.4 billion in 2025, then gained by 29.09% to $3.1 billion in 2026.
  • Business Quant data shows XYZ's Operating Expenses at $3.1 billion in Q1 2026, $2.4 billion in Q4 2025, and $2.3 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Microsoft 2,853.66 Bn 2,775.39 Bn 56.06 Bn 10.85 Bn
2 Oracle 408.21 Bn 376.86 Bn 17.12 Bn 13.05 Bn
3 Palantir Technologies 300.98 Bn 293.06 Bn 1.42 Bn 662.79 Mn
4 Palo Alto Networks 247.84 Bn 243.30 Bn 1.91 Bn 1.51 Bn
5 CrowdStrike Holdings 193.63 Bn 190.57 Bn 993.68 Mn 979.89 Mn
6 Fortinet 117.45 Bn 114.16 Bn 1.49 Bn 905.10 Mn
7 Cloudflare 86.88 Bn 85.93 Bn 455.60 Mn 517.59 Mn
8 Synopsys 86.18 Bn 86.06 Bn 1.77 Bn 1.57 Bn
9 Block 46.10 Bn 39.21 Bn 2.91 Bn 3.08 Bn
10 CoreWeave 45.15 Bn 42.89 Bn 2.01 Bn 2.22 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