12 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 20.6% per year over the past 5 years.
Net income has grown faster than revenue (43.7% vs 20.6% per year).
Operating margin has expanded, at 7.1% in the latest year.
Free cash flow has grown 133.8% per year over the past 5 years.
Financial health
Total debt ($7.3B) exceeds cash ($6.6B); net debt is $725M.
Total debt has grown in line with revenue (23.0% vs 20.6% per year).
Total debt is 3.5× EBITDA.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
2025
$24.2B
$1.3B
42.8%
7.1%
5.9%
3.3%
$2.4B
$7.3B
$6.6B
2024
$24.1B
$2.9B
36.9%
3.7%
13.6%
7.9%
$1.6B
$6.1B
$8.1B
2023
$21.9B
$10M
34.2%
-1.3%
0.1%
0.0%
-$50M
$4.1B
$5.0B
2022
$17.5B
-$541M
34.2%
-3.6%
-3.1%
-1.7%
$5M
$4.1B
$4.5B
2021
$17.7B
$166M
25.0%
0.9%
5.1%
1.1%
$714M
$4.6B
$4.4B
2020
$9.5B
$213M
28.8%
-0.2%
7.9%
2.2%
$35M
$2.6B
$3.2B
2019
$4.7B
$375M
40.1%
0.6%
21.9%
8.2%
$265M
$939M
$1.0B
2018
$3.3B
-$38M
39.5%
-1.1%
-3.4%
-1.2%
$234M
$900M
$583M
2017
$2.2B
-$63M
37.9%
-2.4%
-8.0%
-2.9%
$102M
$359M
$696M
2016
$1.7B
-$172M
33.7%
-10.0%
-29.8%
-14.2%
-$2M
$0
$452M
2015
—
-$180M
—
—
-35.4%
-20.1%
-$16M
$0
$461M
2014
—
-$154M
—
—
-56.3%
—
-$141M
—
$222M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
Jun '26
$6.6B
$89M
47.8%
6.8%
0.4%
0.2%
$967M
$5.7B
$6.4B
Mar '26
$6.1B
-$309M
48.0%
-2.8%
-1.4%
-0.8%
$935M
$7.3B
$6.9B
Dec '25
$6.3B
$116M
45.9%
7.8%
0.5%
0.3%
$580M
$7.3B
$6.6B
Sep '25
$6.1B
$462M
43.5%
6.7%
2.1%
1.2%
$1.4B
$7.3B
$8.3B
Jun '25
$6.1B
$538M
41.9%
8.0%
2.4%
1.5%
$343M
$5.1B
$6.4B
Mar '25
$5.8B
$190M
39.7%
5.7%
0.9%
0.5%
$101M
$5.1B
$7.1B
Dec '24
$6.0B
$1.9B
38.3%
0.2%
9.2%
5.3%
-$13M
$6.1B
$8.1B
Sep '24
$6.0B
$284M
37.6%
5.4%
1.4%
0.8%
$628M
$6.1B
$8.3B
Jun '24
$6.2B
$195M
36.3%
5.0%
1.0%
0.5%
$481M
$6.1B
$7.8B
Mar '24
$6.0B
$472M
35.2%
4.2%
2.5%
1.3%
$457M
$4.1B
$5.8B
Dec '23
$5.8B
$102M
35.1%
-2.3%
0.5%
0.3%
-$850M
$4.1B
$5.0B
Sep '23
$5.6B
-$89M
33.8%
-0.2%
-0.5%
-0.3%
$453M
—
$5.1B
Jun '23
$5.5B
-$102M
33.7%
-2.4%
-0.6%
-0.3%
$84M
—
$4.7B
Mar '23
$5.0B
$98M
34.4%
-0.1%
0.6%
0.3%
$262M
—
$5.1B
Dec '22
$4.7B
-$114M
35.7%
-2.9%
-0.7%
-0.4%
-$4M
$4.1B
$4.5B
Sep '22
$4.5B
-$15M
34.7%
-1.1%
-0.1%
-0.1%
-$21M
—
$4.3B
Jun '22
$4.4B
-$208M
33.4%
-4.9%
-1.2%
-0.7%
-$159M
—
$4.0B
Mar '22
$4.0B
-$204M
32.7%
-5.7%
-1.2%
-0.7%
$188M
—
$4.0B
Dec '21
$4.1B
-$77M
29.0%
-1.3%
-2.3%
-0.5%
$158M
$4.6B
$4.4B
Sep '21
$3.8B
$84000
29.5%
0.6%
0.0%
0.0%
$376M
$4.7B
$4.5B
Valuation over time
How the market has priced XYZ against its own fundamentals since 2025-01 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has risen from 18.8× (Jan '25) to 35.5× (Nov '26).
The price-to-sales ratio has fallen from 2.3× (Jan '25) to 1.9× (Nov '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Frequently asked questions
Is XYZ growing its revenue and profit?
Over the past 5 years, Block, Inc.'s revenue has grown 20.6% per year, and net income grown 43.7% per year. These are computed facts, not advice.
How much debt does XYZ have?
As of FY2025, Block, Inc. reported $7.3B of total debt against $6.6B of cash.
What is XYZ's profit margin?
In FY2025, gross margin was 42.8%, operating margin 7.1%, and net margin 5.4%.
What is XYZ's P/E ratio?
Block, Inc.'s P/E (TTM) is 129.65 as of the 2026-11-02 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the XYZ stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 35.5× as of Nov '26) can differ. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.