For the quarter ending 2025-09-30, XYZ had $1,802,456K increase in cash & cash equivalents over the period. $1,400,410K in free cash flow.
| Cash Flow | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 |
|---|---|---|---|---|
| Net income | 461,598 | 538,334 | 188,722 | 1,924,669 |
| Depreciation and amortization | 92,119 | 92,397 | 88,948 | 88,878 |
| Amortization of discounts and premiums and other non-cash adjustments | 288,390 | 281,392 | 265,168 | 274,805 |
| Non-cash lease expense | 14,173 | 14,003 | 14,369 | 16,575 |
| Share-based compensation | 309,380 | 297,341 | 315,236 | 316,934 |
| Loss (gain) on revaluation of equity investments | 171,126 | 1,582 | -126 | 32,715 |
| Remeasurement gain on bitcoin investment | 59,588 | 212,165 | -93,351 | 252,342 |
| Transaction, loan, and consumer receivable losses | 363,455 | 294,090 | 169,689 | 244,618 |
| Bitcoin impairment losses | - | - | - | 0 |
| Change in deferred income taxes | 130,737 | 44,420 | 7,599 | -1,671,180 |
| Purchases and originations of loans originally classified as held for sale | 1,759,849 | 5,601,988 | 5,032,615 | 4,323,127 |
| Goodwill and intangible asset impairment | - | - | - | 133,853 |
| Proceeds from payments and forgiveness of loans | - | - | 4,721,581 | 3,993,454 |
| Proceeds from repayments of loans originally classified as held for sale | 2,293,786 | 10,163,789 | - | - |
| Settlements receivable | 32,822 | 258,566 | 88,267 | -370,386 |
| Customers payable | -2,571 | 150,728 | 164,904 | -534,218 |
| Settlements payable | - | -330 | -330 | 0 |
| Other assets and liabilities | -99,824 | 231,773 | 244,809 | -12,820 |
| Net cash provided by operating activities | 1,451,056 | 374,322 | 133,336 | 13,800 |
| Purchases of marketable debt securities | 198,939 | 119,961 | 162,188 | 162,327 |
| Proceeds from maturities of marketable debt securities | 144,688 | 131,116 | 147,508 | 214,832 |
| Proceeds from sale of marketable debt securities | 18,459 | 108,568 | 265,191 | 9,164 |
| Proceeds from maturities of marketable debt securities from customer funds | - | - | - | 0 |
| Proceeds from sale of marketable debt securities from customer funds | - | - | - | 0 |
| Payments for originations of consumer receivables | 7,914,512 | 7,740,021 | 6,898,769 | 9,120,940 |
| Proceeds from principal repayments and sales of consumer receivables | 8,226,792 | 7,892,158 | 7,602,325 | 8,779,824 |
| Purchases and originations of loans originally classified as held for investment | 6,479,741 | 1,164,089 | - | - |
| Proceeds from repayments of loans originally classified as held for investment | 5,172,217 | 457,152 | - | - |
| Purchases of property and equipment | 50,646 | 31,310 | 31,882 | 26,993 |
| Purchases of other investments | 19,060 | 19,393 | 7,477 | 16,716 |
| Business combinations, net of cash acquired | - | - | - | 0 |
| Net cash provided by (used in) investing activities | -1,100,742 | -485,780 | 914,708 | -323,156 |
| Proceeds from issuance of senior notes | 2,200,000 | 0 | - | 0 |
| Payments of debt issuance costs from issuance of senior notes | 28,346 | 0 | - | 0 |
| Repayments of paycheck protection program liquidity facility advances | - | - | - | 0 |
| Payments to redeem convertible notes | 0 | 0 | 1,000,624 | 0 |
| Proceeds from warehouse facilities borrowings | 13,033 | 212,673 | 222,824 | 849,386 |
| Repayments of warehouse facilities borrowings | 214,552 | 151,180 | 1,091,137 | 275,638 |
| Proceeds from the exercise of stock options and purchases under the employee stock purchase plan | 7,165 | 48,799 | 2,283 | 66,726 |
| Payments for tax withholding related to vesting of restricted stock units | - | - | - | 0 |
| Net increase in interest-bearing deposits | 26,384 | 20,329 | 34,463 | 1,169 |
| Repurchases of common stock | 403,027 | 692,204 | 445,298 | 183,160 |
| Other financing activities | 0 | -35,330 | - | 0 |
| Change in customer funds, restricted from use in the company's operations | -134,098 | -310,915 | 1,065,857 | 249,087 |
| Net cash provided by (used in) financing activities | 1,466,559 | -907,828 | -1,211,632 | 707,570 |
| Effect of foreign exchange rate on cash and cash equivalents | -14,417 | 72,683 | 22,249 | -102,139 |
| Net increase in cash, cash equivalents, restricted cash, and customer funds | 1,802,456 | -946,603 | -141,339 | 296,075 |
| Cash and cash equivalents at beginning of period | 12,142,570 | 13,089,173 | 13,230,512 | 12,934,437 |
| Cash and cash equivalents at end of period | 13,945,026 | 12,142,570 | 13,089,173 | 13,230,512 |
Block, Inc. (XYZ)
Block, Inc. (XYZ)