Block Income Statement Analysis

Revenue, earnings, and profit margins in billions USD

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Block, Inc. income statement - Annual data in billions USD
BreakdownFY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018
Period EndingDec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018
Revenue & Gross Profit
Revenue24.1221.9217.5317.669.504.713.30
Cost of Revenue15.2314.4111.5413.246.752.821.99
Gross Profit8.897.505.994.422.741.891.30
Operating Expenses
Research & Development2.912.722.141.380.880.670.50
Selling, General & Administrative4.134.233.742.601.691.060.75
Operating Expenses7.207.126.024.002.761.731.34
Operating Income1.690.38-0.030.16-0.020.03-0.04
Other Income/Expense
Interest Income0.000.130.040.020.020.000.00
Interest Expense0.01-0.150.040.03-0.070.000.02
Other Income/Expense-0.32-0.46-0.500.060.290.000.02
Income
Income Before Tax1.36-0.03-0.570.160.220.38-0.04
Income Tax Expense-1.51-0.01-0.010.000.000.000.00
Net Income2.900.01-0.540.170.210.38-0.04
Net Income - Continuous Operations2.87-0.02-0.550.160.000.000.00
Net Income - Discontinued Operations0.000.000.000.000.000.000.00
EBITDA2.060.790.310.550.070.470.04
EBIT1.690.38-0.030.42-0.020.39-0.02
Depreciation & Amortization0.150.170.140.020.080.060.00
Earnings Per Share
Basic EPS5.00--1.00--1.00-
Diluted EPS5.00--1.00--1.00-
Basic Shares Outstanding0.620.610.580.460.440.420.41
Diluted Shares Outstanding0.640.610.580.500.480.470.41