Block (XYZ) Tax Provisions (2015 - 2026)
Block (XYZ) posted Tax Provisions of -$84.0 million for Q1 2026, down 197.23% sequentially from $86.4 million in Q4 2025, and down 319.16% YoY from $38.3 million in Q1 2025.
Block (XYZ) Tax Provisions (2015 - 2026) Analysis & Trends
Block (XYZ) has 12 years of Tax Provisions data on file, last reported at -$84.0 million in Q1 2026.
- Quarterly Tax Provisions fell 319.16% year-over-year to -$84.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $263.3 million (up 122.71% YoY) and the FY2025 annual result came in at $385.7 million, up 125.55% from the prior year.
- Tax Provisions fell to -$84.0 million in Q1 2026 per XYZ's latest filing, from $86.4 million in the prior quarter.
- The five-year high for Tax Provisions was $139.9 million in Q3 2025, with the low at -$1.3 billion in Q4 2024.
- Average Tax Provisions over 5 years is -$51.8 million, with a median of $5.4 million recorded in 2022.
- Year-over-year, Tax Provisions tumbled 3925.0% in 2022 and soared 819.87% in 2024.
- Block's Tax Provisions stood at $5.4 million in 2022, then sank by 1214.77% to -$59.9 million in 2023, then plunged by 2069.6% to -$1.3 billion in 2024, then surged by 106.65% to $86.4 million in 2025, then plunged by 197.23% to -$84.0 million in 2026.
- Business Quant data shows XYZ's Tax Provisions at -$84.0 million in Q1 2026, $86.4 million in Q4 2025, and $139.9 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,853.66 Bn | 2,775.39 Bn | 56.06 Bn | 7.56 Bn |
| 2 | Oracle | 408.21 Bn | 376.86 Bn | 17.12 Bn | 1.07 Bn |
| 3 | Palantir Technologies | 300.98 Bn | 293.06 Bn | 1.42 Bn | 12.20 Mn |
| 4 | Palo Alto Networks | 247.84 Bn | 243.30 Bn | 1.91 Bn | 117.00 Mn |
| 5 | CrowdStrike Holdings | 193.63 Bn | 190.57 Bn | 993.68 Mn | -3.60 Mn |
| 6 | Fortinet | 117.45 Bn | 114.16 Bn | 1.49 Bn | 122.00 Mn |
| 7 | Cloudflare | 86.88 Bn | 85.93 Bn | 455.60 Mn | 1.50 Mn |
| 8 | Synopsys | 86.18 Bn | 86.06 Bn | 1.77 Bn | 14.34 Mn |
| 9 | Block | 46.10 Bn | 39.21 Bn | 2.91 Bn | -84.00 Mn |
| 10 | CoreWeave | 45.15 Bn | 42.89 Bn | 2.01 Bn | 84.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -84.00 Mn |
| Dec 31, 2025 | 86.40 Mn |
| Sep 30, 2025 | 139.90 Mn |
| Jun 30, 2025 | 121.00 Mn |
| Mar 31, 2025 | 38.33 Mn |
| Dec 31, 2024 | -1.30 Bn |
| Sep 30, 2024 | 43.00 Mn |
| Jun 30, 2024 | 59.03 Mn |
| Mar 31, 2024 | 35.49 Mn |
| Dec 31, 2023 | -59.92 Mn |
| Sep 30, 2023 | 81.14 Mn |
| Jun 30, 2023 | -8.20 Mn |
| Mar 31, 2023 | -21.10 Mn |
| Dec 31, 2022 | 5.38 Mn |
| Sep 30, 2022 | -17.29 Mn |
| Jun 30, 2022 | 1.30 Mn |
| Mar 31, 2022 | -1.70 Mn |
| Dec 31, 2021 | 6.60 Mn |
| Sep 30, 2021 | 452,000.00 |
| Jun 30, 2021 | -9.40 Mn |