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 has reported Operating Expenses for 12 years, with the latest figure 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.
- Over five years, Operating Expenses peaked at $3.1 billion in Q1 2026 and troughed at $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.
- The sharpest annual moves came in 2022 and 2024: Operating Expenses jumped 69.88% in 2022, then slipped 3.57% in 2024.
- Over 5 years, Operating Expenses stood at $1.8 billion in 2022, then climbed by 20.11% to $2.2 billion in 2023, then advanced by 6.58% to $2.3 billion in 2024, then increased by 3.85% to $2.4 billion in 2025, then rose by 29.09% to $3.1 billion in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $3.1 billion, $2.4 billion, and $2.3 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn | 12.28 Bn |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn | 726.59 Mn |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - | 13.05 Bn |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn | 2.21 Bn |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn | 953.90 Mn |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn | 705.21 Mn |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn | 1.57 Bn |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn | 2.62 Bn |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn | 2.72 Bn |
| 10 | NetApp | 40.73 Bn | 37.15 Bn | 1.37 Bn | 833.00 Mn |
Historic Data
Download 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 |