Block (XYZ) Tax Rate (2018 - 2026)
Block (XYZ) reported Tax Rate of 71.11% for Q2 2026, up 52.76 percentage points from 18.36% a year earlier and up 49.72 percentage points from the prior quarter.
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Analysis
Block (XYZ) Tax Rate (2018 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Block's Tax Rate came in at 50.08%, up 123.82 percentage points year-over-year; for FY2025, it was 22.82%, up 134.04 percentage points from FY2024.
- Tax Rate has a five-year change of +21.50 percentage points (FY2020 to FY2025).
- By year, Tax Rate came in at -111.21% in FY2024 (-138.73 pp), 27.52% in FY2023 (+25.34 pp), 2.18% in FY2022 (+3.04 pp) and -0.87% in FY2021 (-2.19 pp).
- The Q2 2026 figure ranks as the highest quarterly Tax Rate in data going back to Q1 2015.
- Year over year, Tax Rate has now increased in each of the last four quarters, with an average year-over-year change of +131.65 percentage points over the last eight quarters.
- The high point for year-over-year Tax Rate in five years was Q3 2024 (a gain of 667.35 percentage points); the low point was Q3 2023 (a drop of 702.09 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 21.40% (Q1 2026), 42.78% (Q4 2025) and 23.26% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Coinbase Global | 49.17 Bn | 5.98 Bn | - | - |
| 2 | PayPal Holdings | 45.28 Bn | 3.51 Bn | - | 15.73% |
| 3 | Block | 44.18 Bn | 15.44 Bn | 3.17 Bn | 71.11% |
| 4 | Iren | 31.11 Bn | 18.70 Bn | 103.89 Mn | - |
| 5 | Corpay | 25.52 Bn | 15.72 Bn | - | 26.96% |
| 6 | Fiserv | 24.03 Bn | 20.73 Bn | 2.90 Bn | 20.13% |
| 7 | Global Payments | 21.72 Bn | 155.29 Mn | 2.03 Bn | - |
| 8 | Bitmine Immersion Technologies | 15.32 Bn | 12.70 Bn | 40.81 Mn | - |
| 9 | Guidewire Software | 11.69 Bn | 8.26 Bn | 269.68 Mn | 30.70% |
| 10 | Hut 8 | 10.61 Bn | 10.45 Bn | 48.04 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 71.11% |
| Dec 31, 2025 | 42.78% |
| Sep 30, 2025 | 23.26% |
| Jun 30, 2025 | 18.36% |
| Mar 31, 2025 | 16.88% |
| Sep 30, 2024 | 13.27% |
| Jun 30, 2024 | 23.72% |
| Mar 31, 2024 | 7.01% |
| Mar 31, 2021 | 2.37% |
| Dec 31, 2020 | 1.50% |
| Dec 31, 2019 | 0.12% |
| Sep 30, 2019 | 8.14% |
| Sep 30, 2018 | 5.31% |
API Access
Block Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=XYZ&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "XYZ", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=XYZ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();