Block (XYZ) Operating Expenses (2015 - 2026)
Block (XYZ) reported Operating Expenses of $3.1 billion for Q1 2026, up 57.18% on a YoY basis from $2.0 billion in Q1 2025, and up 29.09% sequentially from $2.4 billion in Q4 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.
- For the quarter ending Q1 2026, Operating Expenses rose 57.18% year-over-year to $3.1 billion; the trailing twelve-month figure through Mar 2026 stood at $9.8 billion (up 20.46% YoY), and the FY2025 full-year result was $8.7 billion, up 8.19% from the prior year.
- Operating Expenses grew to $3.1 billion in Q1 2026, 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.
- A 5-year average of $2.0 billion and a median of $1.9 billion in 2024 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses surged 69.88% in 2022 and retreated 3.57% in 2024, its largest moves.
- Tracing XYZ's Operating Expenses over 5 years: stood at $1.8 billion in 2022, then rose by 20.11% to $2.2 billion in 2023, then increased by 6.58% to $2.3 billion in 2024, then advanced by 3.85% to $2.4 billion in 2025, then climbed 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 | 2,892.72 Bn | 2,768.29 Bn | 56.06 Bn | 8.75 Bn |
| 2 | PagSeguro Digital | 2,612.76 Bn | 2,612.76 Bn | 358.92 Mn | -363.49 Mn |
| 3 | Oracle | 342.46 Bn | 310.56 Bn | - | 13.05 Bn |
| 4 | Repay Holdings | 334.04 Bn | 333.89 Bn | - | - |
| 5 | Palantir Technologies | 314.12 Bn | 306.10 Bn | 1.42 Bn | 662.79 Mn |
| 6 | Palo Alto Networks | 224.02 Bn | 219.48 Bn | 1.91 Bn | 1.51 Bn |
| 7 | CrowdStrike Holdings | 180.98 Bn | 177.88 Bn | 993.68 Mn | 979.89 Mn |
| 8 | Fortinet | 112.73 Bn | 109.43 Bn | 1.49 Bn | 905.10 Mn |
| 9 | Cloudflare | 93.73 Bn | 92.79 Bn | 455.60 Mn | 517.59 Mn |
| 10 | Block | 48.28 Bn | 41.42 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 |