For the year ending 2025-12-31, BSQKZ made $24,193,683K in revenue. $1,305,636K in net income. Net profit margin of 5.40%.
| Income Statement | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Total net revenue | 24,193,683 | 24,121,053 | 21,915,623 | 17,531,587 |
| Cost of revenue-Commerce Enablement | 5,353,254 | - | - | - |
| Cost of revenue-Financial Solutions | 339,878 | - | - | - |
| Cost of revenue-Transaction | - | 3,881,013 | 3,702,016 | 3,364,028 |
| Cost of revenue-Bitcoin Ecosystem | 8,083,772 | - | - | - |
| Cost of revenue-Softwareand Data Products | - | 1,135,813 | 1,075,129 | 861,745 |
| Cost of revenue-Hardware | - | 236,441 | 267,650 | 286,995 |
| Cost of revenue-Cryptocurrency Denominated Assets | - | 9,910,386 | 9,293,113 | 6,956,733 |
| Amortization of acquired technology assets | 56,850 | 68,364 | 72,829 | 70,194 |
| Total cost of revenue | 13,833,754 | 15,232,017 | 14,410,737 | 11,539,695 |
| Gross profit | 10,359,929 | 8,889,036 | 7,504,886 | 5,991,892 |
| Product development | 2,907,889 | 2,914,415 | 2,720,819 | 2,135,612 |
| Sales and marketing | 2,273,072 | 1,984,265 | 2,019,009 | 2,057,951 |
| General and administrative | 1,997,587 | 2,149,099 | 2,209,190 | 1,686,849 |
| Transaction, loan, and consumer receivable losses | 1,337,246 | 794,221 | 660,663 | 550,683 |
| Bitcoin impairment losses | - | 0 | 0 | 46,571 |
| Amortization of customer and other acquired intangible assets | 135,729 | 154,709 | 174,044 | 138,758 |
| Total operating expenses | 8,651,523 | 7,996,709 | 7,783,725 | 6,616,424 |
| Operating income (loss) | 1,708,406 | 892,327 | -278,839 | -624,532 |
| Interest expense (income), net | -129,363 | -9,302 | 47,221 | -36,228 |
| Remeasurement loss (gain) on bitcoin investment | -55,900 | 420,918 | - | - |
| Other expense (income), net | 166,768 | 53,211 | 202,475 | 95,443 |
| Income (loss) before income tax | 1,689,911 | 1,357,154 | -29,143 | -565,317 |
| Total | 385,701 | -1,509,343 | -8,019 | -12,312 |
| Net income (loss) | 1,304,210 | 2,866,497 | -21,124 | -553,005 |
| Less net loss attributable to noncontrolling interests | -1,426 | -30,550 | -30,896 | -12,258 |
| Net income attributable to common stockholders | 1,305,636 | 2,897,047 | 9,772 | -540,747 |
| Basic EPS | 2.13 | 4.7 | 0.02 | -0.93 |
| Diluted EPS | 2.1 | 4.56 | 0.02 | -0.93 |
| Basic Average Shares | 612,243,000 | 616,993,000 | 608,856,000 | 578,949,000 |
| Diluted Average Shares | 622,838,000 | 636,390,000 | 614,024,000 | 578,949,000 |
Block, Inc. (BSQKZ)
Block, Inc. (BSQKZ)