Bitcoin Ecosystem was Block’s largest product and service line in fiscal 2025, bringing in $8.49B of $19.26B (44%).
| Product and Service | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|
| Commerce Enablement | $15.87B | $7.03B | $7.60B | ||||
| Bitcoin Ecosystem | — | $10.36B | $8.49B | ||||
| Bitcoin Revenue | — | — | — | ||||
| Transaction-Based Revenue | — | — | — | ||||
| Financial Solutions | $2.03B | $2.41B | $3.17B | ||||
| Subscription & Services-Based Revenue | — | — | — | ||||
| Hardware Revenue | — | — | — | ||||
| Total | $17.90B | $19.80B | $19.26B |
Block brought in $19.26B from its three product and service lines in fiscal 2025, the year ended December 31, 2025. That is less than the $24.19B it reports by geography, so these lines do not cover all of its revenue. Bitcoin Ecosystem was the largest at $8.49B (44.1%), ahead of Commerce Enablement at $7.60B (39.5%) and Financial Solutions at $3.17B (16.4%).
Compared with fiscal 2024, Financial Solutions grew fastest, up 31.4% to $3.17B, while Bitcoin Ecosystem fell the most, down 18.1% to $8.49B.
Block began breaking out Bitcoin Ecosystem in fiscal 2024, when it brought in $10.36B.
Square was Block’s largest segment in fiscal 2025, bringing in $8.45B of $12.36B (68%).
| Segment | FY 2018 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|
| Cash App | $11.03B | $9.67B | $10.36B | $3.91B | |||
| Square | $6.29B | $6.34B | $6.84B | $8.45B | |||
| Seller | — | — | — | — | |||
| Total | $17.33B | $16.01B | $17.20B | $12.36B |
Block brought in $12.36B from its two segments in fiscal 2025, the year ended December 31, 2025. That is less than the $24.19B it reports by geography, so these segments do not cover all of its revenue. Square was the largest at $8.45B (68.4%), ahead of Cash App at $3.91B (31.6%).
Compared with fiscal 2024, Square grew 23.6% to $8.45B, while Cash App fell 62.2% to $3.91B.
United States was Block’s largest region in fiscal 2025, bringing in $22.19B of $24.19B (92%).
| Geography | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| United States | $16.31B | $20.42B | $22.35B | $22.19B | ||||||
| International | $1.22B | $1.50B | $1.77B | $2.01B | ||||||
| Total | $17.53B | $21.92B | $24.12B | $24.19B |
Block brought in $24.19B from its two regions in fiscal 2025, the year ended December 31, 2025. That was up 0.3% from $24.12B in fiscal 2024. United States was the largest at $22.19B (91.7%), ahead of International at $2.01B (8.3%).
Compared with fiscal 2024, International grew 13.4% to $2.01B, while United States fell 0.7% to $22.19B. From fiscal 2022 to 2025, combined revenue from these regions grew from $17.53B to $24.19B, a compound annual growth rate of 11.3%. United States' share of the total fell from 93.1% to 91.7%.
Block (XYZ) reports its revenue by product and service, by segment and by geography. In fiscal 2025, Bitcoin Ecosystem was its largest product and service line, bringing in $8.49B (44.1% of the total), followed by Commerce Enablement at $7.60B (39.5%).
Bitcoin Ecosystem was Block's largest product and service line in fiscal 2025, bringing in $8.49B, or 44.1% of the $19.26B total across its three product and service lines.
Square was Block's largest segment in fiscal 2025, bringing in $8.45B, or 68.4% of the $12.36B total across its two segments.
United States was Block's largest region in fiscal 2025, bringing in $22.19B, or 91.7% of the $24.19B total across its two regions.
Among Block's product and service lines that make up at least 2% of revenue, Financial Solutions grew fastest in fiscal 2025, up 31.4% from $2.41B to $3.17B.
Every figure comes from Block's annual financial filings, as reported. Each line keeps the name Block gives it, and years follow its fiscal calendar.
Block's revenue by product and service goes back to fiscal 2018, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.