Block (XYZ) Research & Development (2015 - 2026)
Block (XYZ) reported Research & Development of $650.5 million for Q1 2026, down 14.49% on a YoY basis from $760.7 million in Q1 2025, and up 757.62% sequentially from $75.8 million in Q4 2025.
Block (XYZ) Research & Development (2015 - 2026) Analysis & Trends
Block (XYZ) has 12 years of Research & Development data on file, last reported at $650.5 million in Q1 2026.
- For the quarter ending Q1 2026, Research & Development fell 14.49% year-over-year to $650.5 million; the trailing twelve-month figure through Mar 2026 stood at $2.0 billion (down 26.56% YoY), and the FY2025 full-year result was $2.3 billion, up 14.55% from the prior year.
- Research & Development advanced to $650.5 million in Q1 2026, from $75.8 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $1.2 billion in Q4 2023 to a low of $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.
- Across the five-year window, Research & Development soared 123.78% in 2023 and plunged 85.44% in 2025, its largest moves.
- Tracing XYZ's Research & Development over 5 years: stood at $539.7 million in 2022, then soared by 123.78% to $1.2 billion in 2023, then sank by 56.86% to $521.1 million in 2024, then sank by 85.44% to $75.8 million in 2025, then surged by 757.62% to $650.5 million in 2026.
- Business Quant data shows XYZ's Research & Development at $650.5 million in Q1 2026, $75.8 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 | 2,892.72 Bn | 2,768.29 Bn | 56.06 Bn | 6.81 Bn |
| 2 | PagSeguro Digital | 2,612.76 Bn | 2,612.76 Bn | 358.92 Mn | - |
| 3 | Oracle | 342.46 Bn | 310.56 Bn | - | 4.01 Bn |
| 4 | Repay Holdings | 334.04 Bn | 333.89 Bn | - | - |
| 5 | Palantir Technologies | 314.12 Bn | 306.10 Bn | 1.42 Bn | 160.98 Mn |
| 6 | Palo Alto Networks | 224.02 Bn | 219.48 Bn | 1.91 Bn | 823.00 Mn |
| 7 | CrowdStrike Holdings | 180.98 Bn | 177.88 Bn | 993.68 Mn | 802.89 Mn |
| 8 | Fortinet | 112.73 Bn | 109.43 Bn | 1.49 Bn | 636.30 Mn |
| 9 | Cloudflare | 93.73 Bn | 92.79 Bn | 455.60 Mn | 271.60 Mn |
| 10 | Block | 48.28 Bn | 41.42 Bn | 2.91 Bn | 650.51 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 324.06 Mn |