Block (XYZ) Tax Rate (2015 - 2026)

Block (XYZ) posted Tax Rate of 21.39% for Q1 2026, down 50.0% sequentially from 42.78% in Q4 2025, and up 452.0% YoY from 3.88% in Q1 2025.

Block (XYZ) Tax Rate (2015 - 2026) Analysis & Trends

Block has reported Tax Rate for 12 years, with the latest figure at 21.39% in Q1 2026.

Quarterly Tax Rate rose 452.0% year-over-year to 21.39% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 24.61% (up 13220.0% YoY) and the FY2025 annual result came in at 22.82%, up 13404.0% from the prior year.
Tax Rate eased to 21.39% in Q1 2026 per XYZ's latest filing, from 42.78% in the prior quarter.
Over five years, Tax Rate peaked at 48.01% in Q3 2022 and troughed at 654.08% in Q3 2023.
A 5-year average of 70.84% and a median of 7.22% in 2023 frame the typical range for Tax Rate.
The sharpest annual moves came in 2023 and 2024: Tax Rate plunged 70209 bps in 2023, then surged 66735 bps in 2024.
Over 5 years, Tax Rate stood at 4.8% in 2022, then tumbled by 5549 bps to 271.17% in 2023, then sank by 73 bps to 467.97% in 2024, then soared by 109 bps to 42.78% in 2025, then sank by 50 bps to 21.39% in 2026.
According to Business Quant data, Tax Rate over the past three periods registered 21.39%, 42.78%, and 23.26% for Q1 2026, Q4 2025, and Q3 2025 respectively.

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)	Tax Rate (Qtr)
1	Microsoft	3,576.39 Bn	3,443.64 Bn	60.48 Bn	24.84%
2	Palantir Technologies	412.58 Bn	403.17 Bn	1.64 Bn	1.42%
3	Oracle	407.66 Bn	375.77 Bn	-	-10.34%
4	Palo Alto Networks	299.27 Bn	296.16 Bn	2.03 Bn	-13.46%
5	Fortinet	115.83 Bn	111.76 Bn	1.64 Bn	15.97%
6	Cloudflare	106.65 Bn	102.48 Bn	499.52 Mn	-1.22%
7	Synopsys	76.61 Bn	74.41 Bn	1.77 Bn	18.14%
8	CoreWeave	51.53 Bn	45.99 Bn	1.70 Bn	-10.99%
9	Block	47.55 Bn	41.12 Bn	3.17 Bn	71.11%
10	NetApp	40.73 Bn	37.15 Bn	1.37 Bn	-42.96%

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