Block (XYZ) Research & Development (2015 - 2026)
Block (XYZ) posted Research & Development of $1.0 billion for Q1 2026, up 46.18% sequentially from $710.7 million in Q4 2025, and up 36.57% YoY from $760.7 million in Q1 2025.
Block (XYZ) Research & Development (2015 - 2026) Analysis & Trends
Block (XYZ) has 12 years of Research & Development data on file, last reported at $1.0 billion in Q1 2026.
- Quarterly Research & Development rose 36.57% year-over-year to $1.0 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $3.2 billion (up 7.84% YoY) and the FY2025 annual result came in at $2.9 billion, changed 0.22% from the prior year.
- Research & Development climbed to $1.0 billion in Q1 2026 per XYZ's latest filing, from $710.7 million in the prior quarter.
- The five-year high for Research & Development was $1.0 billion in Q1 2026, with the low at $458.2 million in Q1 2022.
- Average Research & Development over 5 years is $689.3 million, with a median of $711.0 million recorded in 2024.
- Year-over-year, Research & Development soared 61.95% in 2022 and dropped 7.67% in 2025.
- Block's Research & Development stood at $604.5 million in 2022, then rose by 13.38% to $685.4 million in 2023, then advanced by 12.3% to $769.7 million in 2024, then retreated by 7.67% to $710.7 million in 2025, then jumped by 46.18% to $1.0 billion in 2026.
- Business Quant data shows XYZ's Research & Development at $1.0 billion in Q1 2026, $710.7 million in Q4 2025, and $711.2 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,853.66 Bn | 2,775.39 Bn | 56.06 Bn | 8.92 Bn |
| 2 | Oracle | 408.21 Bn | 376.86 Bn | 17.12 Bn | 2.61 Bn |
| 3 | Palantir Technologies | 300.98 Bn | 293.06 Bn | 1.42 Bn | 160.98 Mn |
| 4 | Palo Alto Networks | 247.84 Bn | 243.30 Bn | 1.91 Bn | 511.00 Mn |
| 5 | CrowdStrike Holdings | 193.63 Bn | 190.57 Bn | 993.68 Mn | 356.41 Mn |
| 6 | Fortinet | 117.45 Bn | 114.16 Bn | 1.49 Bn | 214.00 Mn |
| 7 | Cloudflare | 86.88 Bn | 85.93 Bn | 455.60 Mn | 150.97 Mn |
| 8 | Synopsys | 86.18 Bn | 86.06 Bn | 1.77 Bn | 714.99 Mn |
| 9 | Block | 46.10 Bn | 39.21 Bn | 2.91 Bn | 1.04 Bn |
| 10 | CoreWeave | 45.15 Bn | 42.89 Bn | 2.01 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.04 Bn |
| Dec 31, 2025 | 710.67 Mn |
| Sep 30, 2025 | 711.24 Mn |
| Jun 30, 2025 | 725.29 Mn |
| Mar 31, 2025 | 760.70 Mn |
| Dec 31, 2024 | 769.70 Mn |
| Sep 30, 2024 | 710.98 Mn |
| Jun 30, 2024 | 713.16 Mn |
| Mar 31, 2024 | 720.57 Mn |
| Dec 31, 2023 | 685.42 Mn |
| Sep 30, 2023 | 713.79 Mn |
| Jun 30, 2023 | 694.67 Mn |
| Mar 31, 2023 | 626.94 Mn |
| Dec 31, 2022 | 604.52 Mn |
| Sep 30, 2022 | 548.04 Mn |
| Jun 30, 2022 | 524.83 Mn |
| Mar 31, 2022 | 458.22 Mn |
| Dec 31, 2021 | 391.34 Mn |
| Sep 30, 2021 | 360.73 Mn |
| Jun 30, 2021 | 324.06 Mn |