Block, Inc. (BSQKZ)
2025-06-30 | 2025-03-31 | 2024-09-30 | 2024-06-30 | |
---|---|---|---|---|
Revenue | 6,054,457 | 5,771,796 | 5,975,801 | 6,155,563 |
Cost of revenue | - | 3,467,519 | 3,708,930 | 3,904,494 |
Amortization of acquired technology assets | 14,404 | 14,674 | 17,186 | 17,589 |
Cost of revenue-Transaction | 1,066,028 | - | - | - |
Cost of revenue-Softwareand Data Products | 298,069 | - | - | - |
Cost of revenue-Hardware | 76,548 | - | - | - |
Cost of revenue-Cryptocurrency Denominated Assets | 2,062,878 | - | - | - |
Total cost of revenue | 3,517,927 | 3,482,193 | 3,726,116 | 3,922,083 |
Gross profit | 2,536,530 | 2,289,603 | 2,249,685 | 2,233,480 |
Sales and marketing | 549,731 | 504,460 | 511,755 | 507,562 |
Product development | 725,288 | 760,699 | 710,983 | 713,163 |
Transaction, loan, and consumer receivable losses | 294,090 | 169,689 | 192,062 | 191,812 |
General and administrative | 449,237 | 491,797 | 475,855 | 473,568 |
Amortization of customer and other acquired intangible assets | 33,891 | 33,656 | 36,021 | 40,813 |
Total operating expenses | 2,052,237 | 1,960,301 | 1,926,676 | 1,926,918 |
Operating income | 484,293 | 329,302 | 323,009 | 306,562 |
Interest expense (income), net | -23,687 | -17,243 | -13,811 | 1,871 |
Remeasurement gain on bitcoin investment | 212,165 | -93,351 | - | - |
Other expense (income), net | -13,389 | 8,342 | 14,949 | -59,532 |
Income before income tax | 659,382 | 227,050 | 324,147 | 248,901 |
Provision for income taxes | 121,048 | 38,328 | 43,011 | 59,029 |
Net income | 538,334 | 188,722 | 281,136 | 189,872 |
Less net loss attributable to noncontrolling interests | -124 | -1,150 | -2,618 | -5,396 |
Net income attributable to common stockholders | 538,458 | 189,872 | 283,754 | 195,268 |
Basic (in shares) | 612,882,000 | 619,370,000 | 616,428,000 | 617,666,000 |
Basic (in usd per share) | 0.88 | 0.31 | 0.46 | 0.32 |
Diluted (in shares) | 618,928,000 | 635,342,000 | 632,760,000 | 634,221,000 |
Diluted (in usd per share) | 0.87 | 0.3 | 0.45 | 0.31 |