Block (XYZ) Tax Rate (2015 - 2026)
Block (XYZ) posted Tax Rate of 21.4% for Q1 2026, down 49.99% sequentially from 42.78% in Q4 2025, and up 451.0% YoY from 3.88% in Q1 2025.
Block (XYZ) Tax Rate (2015 - 2026) Analysis & Trends
Block (XYZ) has 12 years of Tax Rate data on file, last reported at 21.4% in Q1 2026.
- Quarterly Tax Rate rose 451.0% year-over-year to 21.4% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 24.6% (up 13219.0% YoY) and the FY2025 annual result came in at 22.82%, up 13404.0% from the prior year.
- Tax Rate slipped to 21.4% in Q1 2026 per XYZ's latest filing, from 42.78% in the prior quarter.
- The five-year high for Tax Rate was 47.98% in Q3 2022, with the low at 654.08% in Q3 2023.
- Average Tax Rate over 5 years is 70.84%, with a median of 7.22% recorded in 2023.
- Year-over-year, Tax Rate slumped 70206 bps in 2023 and jumped 66735 bps in 2024.
- Block's Tax Rate stood at 4.79% in 2022, then slumped by 5566 bps to 271.32% in 2023, then sank by 72 bps to 467.97% in 2024, then jumped by 109 bps to 42.78% in 2025, then plunged by 50 bps to 21.4% in 2026.
- Business Quant data shows XYZ's Tax Rate at 21.4% in Q1 2026, 42.78% in Q4 2025, and 23.26% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,853.66 Bn | 2,775.39 Bn | 56.06 Bn | 19.22% |
| 2 | Oracle | 408.21 Bn | 376.86 Bn | 17.12 Bn | 19.84% |
| 3 | Palantir Technologies | 300.98 Bn | 293.06 Bn | 1.42 Bn | 1.37% |
| 4 | Palo Alto Networks | 247.84 Bn | 243.30 Bn | 1.91 Bn | 21.31% |
| 5 | CrowdStrike Holdings | 193.63 Bn | 190.57 Bn | 993.68 Mn | -6.22% |
| 6 | Fortinet | 117.45 Bn | 114.16 Bn | 1.49 Bn | 18.58% |
| 7 | Cloudflare | 86.88 Bn | 85.93 Bn | 455.60 Mn | -7.01% |
| 8 | Synopsys | 86.18 Bn | 86.06 Bn | 1.77 Bn | 18.14% |
| 9 | Block | 46.10 Bn | 39.21 Bn | 2.91 Bn | 21.40% |
| 10 | CoreWeave | 45.15 Bn | 42.89 Bn | 2.01 Bn | -12.80% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 21.40% |
| Mar 31, 2026 | 21.40% |
| Dec 31, 2025 | 42.78% |
| Dec 31, 2025 | 42.78% |
| Sep 30, 2025 | 23.26% |
| Sep 30, 2025 | 23.26% |
| Jun 30, 2025 | 18.35% |
| Jun 30, 2025 | 18.35% |
| Mar 31, 2025 | 16.88% |
| Mar 31, 2025 | 16.88% |
| Dec 31, 2024 | -467.97% |
| Dec 31, 2024 | -467.97% |
| Sep 30, 2024 | 13.27% |
| Sep 30, 2024 | 13.27% |
| Jun 30, 2024 | 23.72% |
| Jun 30, 2024 | 23.72% |
| Mar 31, 2024 | 7.01% |
| Mar 31, 2024 | 7.01% |
| Dec 31, 2023 | -271.32% |
| Dec 31, 2023 | -271.32% |