Block (XYZ) Research & Development (2015 - 2026)
Block (XYZ) posted Research & Development of $650.5 million for Q1 2026, up 757.62% sequentially from $75.8 million in Q4 2025, and down 14.49% YoY from $760.7 million in Q1 2025.
Block (XYZ) Research & Development (2015 - 2026) Analysis & Trends
Block has reported Research & Development for 12 years, with the latest figure at $650.5 million in Q1 2026.
- Quarterly Research & Development fell 14.49% year-over-year to $650.5 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $2.0 billion (down 26.56% YoY) and the FY2025 annual result came in at $2.3 billion, up 14.55% from the prior year.
- Research & Development advanced to $650.5 million in Q1 2026 per XYZ's latest filing, from $75.8 million in the prior quarter.
- Over five years, Research & Development peaked at $1.2 billion in Q4 2023 and troughed at $75.8 million in Q4 2025.
- A 5-year average of $598.2 million and a median of $548.0 million in 2022 frame the typical range for Research & Development.
- The sharpest annual moves came in 2023 and 2025: Research & Development surged 123.78% in 2023, then slumped 85.44% in 2025.
- Over 5 years, Research & Development stood at $539.7 million in 2022, then soared by 123.78% to $1.2 billion in 2023, then plunged by 56.86% to $521.1 million in 2024, then plunged by 85.44% to $75.8 million in 2025, then surged by 757.62% to $650.5 million in 2026.
- According to Business Quant data, Research & Development over the past three periods registered $650.5 million, $75.8 million, and $711.2 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn | 10.00 Bn |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn | 339.50 Mn |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - | 4.01 Bn |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn | 1.16 Bn |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn | 669.10 Mn |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn | 276.12 Mn |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn | 396.38 Mn |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn | 60.00 Mn |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn | 664.96 Mn |
| 10 | NetApp | 40.73 Bn | 37.15 Bn | 1.37 Bn | 261.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 664.96 Mn |
| Mar 31, 2026 | 650.51 Mn |
| Dec 31, 2025 | 75.85 Mn |
| Sep 30, 2025 | 711.24 Mn |
| Jun 30, 2025 | 549.73 Mn |
| Mar 31, 2025 | 760.70 Mn |
| Dec 31, 2024 | 521.06 Mn |
| Sep 30, 2024 | 710.98 Mn |
| Jun 30, 2024 | 713.16 Mn |
| Mar 31, 2024 | 443.89 Mn |
| Dec 31, 2023 | 1.21 Bn |
| Sep 30, 2023 | 713.79 Mn |
| Jun 30, 2023 | 537.61 Mn |
| Mar 31, 2023 | 496.01 Mn |
| Dec 31, 2022 | 539.72 Mn |
| Sep 30, 2022 | 548.04 Mn |
| Jun 30, 2022 | 530.83 Mn |
| Mar 31, 2022 | 458.22 Mn |
| Dec 31, 2021 | 624.69 Mn |
| Sep 30, 2021 | 409.07 Mn |