Commerce Enablement was Block’s largest product and service line in fiscal 2025, bringing in $11.34B of $24.19B (47%).
| Product and Service | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|
| Commerce Enablement | — | $9.33B | $10.32B | $11.34B | |||
| Bitcoin Ecosystem | — | $9.67B | $10.36B | $8.36B | |||
| Bitcoin Revenue | $7.11B | — | — | — | |||
| Transaction-Based Revenue | $5.70B | — | — | — | |||
| Financial Solutions | — | $2.72B | $3.25B | $4.18B | |||
| Subscription & Services-Based Revenue | $4.55B | — | — | — | |||
| Corporate & Other | — | $200.55M | $191.52M | $316.73M | |||
| Hardware Revenue | $164.42M | — | — | — | |||
| Total | $17.53B | $21.92B | $24.12B | $24.19B |
Block brought in $24.19B from its four product and service lines in fiscal 2025, the year ended December 31, 2025. That was up 0.3% from $24.12B in fiscal 2024. Commerce Enablement was the largest at $11.34B (46.9%), ahead of Bitcoin Ecosystem at $8.36B (34.6%) and Financial Solutions at $4.18B (17.3%). The remaining line, Corporate & Other, brought in $316.73M.
Compared with fiscal 2024, Financial Solutions grew fastest, up 28.5% to $4.18B, while Bitcoin Ecosystem fell the most, down 19.3% to $8.36B.
Block began breaking out Commerce Enablement in fiscal 2023, Bitcoin Ecosystem in fiscal 2023, Financial Solutions in fiscal 2023 and Corporate & Other in fiscal 2023. Block stopped reporting Bitcoin Revenue ($7.11B in fiscal 2022), Transaction-Based Revenue ($5.70B in fiscal 2022), Subscription & Services-Based Revenue ($4.55B in fiscal 2022) and one other as separate lines.
Cash App was Block’s largest segment in fiscal 2025, bringing in $15.43B of $24.19B (64%).
| Segment | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|
| Cash App | $11.03B | $14.68B | $16.25B | $15.43B | ||
| Square | $6.29B | $7.03B | $7.68B | $8.45B | ||
| Corporate & Other | $205.65M | $200.55M | $191.52M | $316.73M | ||
| Total | $17.53B | $21.92B | $24.12B | $24.19B |
Block brought in $24.19B from its three segments in fiscal 2025, the year ended December 31, 2025. That was up 0.3% from $24.12B in fiscal 2024. Cash App was the largest at $15.43B (63.8%), ahead of Square at $8.45B (34.9%) and Corporate & Other at $316.73M (1.3%).
Compared with fiscal 2024, Square grew 10.0% to $8.45B, while Cash App fell 5.1% to $15.43B. From fiscal 2022 to 2025, combined revenue from these segments grew from $17.53B to $24.19B, a compound annual growth rate of 11.3%. Cash App's share of the total rose from 62.9% to 63.8%.
United States was Block’s largest region in fiscal 2025, bringing in $22.19B of $24.19B (92%).
| Geography | FY 2014 | FY 2015 | 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, Commerce Enablement was its largest product and service line, bringing in $11.34B (46.9% of the total), followed by Bitcoin Ecosystem at $8.36B (34.6%).
Commerce Enablement was Block's largest product and service line in fiscal 2025, bringing in $11.34B, or 46.9% of the $24.19B total across its four product and service lines.
Cash App was Block's largest segment in fiscal 2025, bringing in $15.43B, or 63.8% of the $24.19B total across its three 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 28.5% from $3.25B to $4.18B.
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 2019, 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.