KPIs & Operating Metrics(New)
Growth Metrics

Block (XYZ) Research & Development (2016 - 2025)

Block (XYZ) has disclosed Research & Development for 11 consecutive years, with $710.7 million as the latest value for Q4 2025.

  • Quarterly Research & Development fell 7.67% to $710.7 million in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $2.9 billion through Dec 2025, changed 0.22% year-over-year, with the annual reading at $2.9 billion for FY2025, 0.22% changed from the prior year.
  • Research & Development hit $710.7 million in Q4 2025 for Block, roughly flat from $711.2 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $769.7 million in Q4 2024 to a low of $310.1 million in Q1 2021.
  • Historically, Research & Development has averaged $603.3 million across 5 years, with a median of $690.0 million in 2023.
  • Biggest five-year swings in Research & Development: skyrocketed 61.95% in 2022 and later decreased 7.67% in 2025.
  • Year by year, Research & Development stood at $391.3 million in 2021, then soared by 54.47% to $604.5 million in 2022, then increased by 13.38% to $685.4 million in 2023, then grew by 12.3% to $769.7 million in 2024, then fell by 7.67% to $710.7 million in 2025.
  • Business Quant data shows Research & Development for XYZ at $710.7 million in Q4 2025, $711.2 million in Q3 2025, and $725.3 million in Q2 2025.