Block (XYZ) Tax Rate (2015 - 2026)
Block's (XYZ) quarterly Tax Rate came in at 71.11% in Q2 2026, up 5276.0% year-over-year from 1.32% in Q2 2025, and up 232.37% quarter-over-quarter from 21.4% in Q1 2026.
Analysis
Block (XYZ) Tax Rate (2015 - 2026) Analysis & Trends
Block has disclosed Tax Rate across 12 years of filings, most recently posting 71.11% for Q2 2026.
- In Q2 2026, Tax Rate rose 5276.0% year-over-year to 71.11%; the TTM figure through Jun 2026 stood at 50.08% (up 12382.0% YoY), while the FY2025 annual figure was 22.82%, up 13404.0% from the prior year.
- Tax Rate came in at 71.11% for Q2 2026 at Block, up from 21.4% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 71.11% in Q2 2026 to a low of 654.08% in Q3 2023.
- Average Tax Rate over 5 years is 62.96%, with a median of 10.25% recorded in 2024.
- Year-over-year, Tax Rate tumbled 70209 bps in 2023 and jumped 66735 bps in 2024.
- Over 5 years, Tax Rate stood at 4.8% in 2022, then tumbled by 5552 bps to 271.32% in 2023, then slumped by 72 bps to 467.97% in 2024, then jumped by 109 bps to 42.78% in 2025, then surged by 66 bps to 71.11% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 71.11% in Q2 2026, 21.4% in Q1 2026, and 42.78% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Block | 47.98 Bn | 41.55 Bn | 3.17 Bn | 71.11% |
| 2 | PayPal Holdings | 46.64 Bn | 35.38 Bn | - | 15.73% |
| 3 | Fiserv | 27.03 Bn | 26.41 Bn | 3.59 Bn | 20.13% |
| 4 | Corpay | 26.76 Bn | 19.76 Bn | 1.19 Bn | 26.96% |
| 5 | Global Payments | 24.10 Bn | 18.69 Bn | 2.03 Bn | -4.72% |
| 6 | Wex | 6.49 Bn | 390.77 Mn | 463.80 Mn | 27.84% |
| 7 | Aci Worldwide | 5.27 Bn | 5.10 Bn | 181.57 Mn | 18.31% |
| 8 | Paymentus Holdings | 4.48 Bn | 4.10 Bn | 94.31 Mn | 28.32% |
| 9 | dLocal | 4.39 Bn | 3.51 Bn | 127.15 Mn | -15.72% |
| 10 | Sezzle | 4.01 Bn | 3.93 Bn | - | 21.17% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 71.11% |
| Mar 31, 2026 | 21.40% |
| Dec 31, 2025 | 42.78% |
| Sep 30, 2025 | 23.26% |
| Jun 30, 2025 | 18.36% |
| Mar 31, 2025 | 16.88% |
| Dec 31, 2024 | -467.97% |
| Sep 30, 2024 | 13.27% |
| Jun 30, 2024 | 23.72% |
| Mar 31, 2024 | 7.01% |
| Dec 31, 2023 | -271.32% |
| Sep 30, 2023 | -654.08% |
| Jun 30, 2023 | 7.22% |
| Mar 31, 2023 | -28.27% |
| Dec 31, 2022 | -4.80% |
| Sep 30, 2022 | 48.01% |
| Jun 30, 2022 | -0.63% |
| Mar 31, 2022 | 0.81% |
| Dec 31, 2021 | -8.92% |
| Sep 30, 2021 | -20.63% |