Block, Inc.
For the period ended Dec 31, 2025. Filed Feb 26, 2026.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Feb 26, 2026
XYZ$88.56+3.6%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets
(In thousands, except per share data)
| December 31, | ||
|---|---|---|
| 2025 | 2024 | |
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $6,564,092 | $8,075,247 |
| Investments in short-term debt securities | 517,777 | 403,426 |
| Settlements receivable | 1,359,983 | 1,060,966 |
| Customer funds | 4,771,824 | 4,182,872 |
| Consumer receivables, net | 2,670,322 | 2,504,879 |
| Loans held for investment, net | 3,382,957 | 365,062 |
| Other current assets | 3,589,925 | 3,287,749 |
| Total current assets | 22,856,880 | 19,880,201 |
| Property and equipment, net | 323,375 | 314,432 |
| Goodwill | 11,849,018 | 11,417,422 |
| Acquired intangible assets, net | 1,281,670 | 1,433,067 |
| Investments in long-term debt securities | 188,887 | 471,977 |
| Bitcoin investment | 777,515 | 792,282 |
| Operating lease right-of-use assets | 214,929 | 219,954 |
| Deferred tax assets | 1,302,776 | 1,800,994 |
| Other non-current assets | 754,837 | 447,266 |
| Total assets | $39,549,887 | $36,777,595 |
| Liabilities and Stockholders’ Equity | ||
| Current liabilities: | ||
| Customers payable | $6,805,366 | $5,837,152 |
| Accrued expenses and other current liabilities | 1,538,893 | 1,525,149 |
| Current portion of long-term debt (Note 14) | 1,573,259 | 999,497 |
| Warehouse funding facilities, current | 466,942 | 185,000 |
| Total current liabilities | 10,384,460 | 8,546,798 |
| Deferred tax liabilities | 1,173 | 162,435 |
| Warehouse funding facilities, non-current | 897,941 | 1,296,680 |
| Long-term debt (Note 14) | 5,715,759 | 5,105,939 |
| Operating lease liabilities, non-current | 257,126 | 278,617 |
| Other non-current liabilities | 123,546 | 152,164 |
| Total liabilities | 17,380,005 | 15,542,633 |
| Commitments and contingencies (Note 19) | ||
| Stockholders’ equity: | ||
| Preferred stock, $0.0000001 par value: 100,000 shares authorized at December 31, 2025 and December 31, 2024. None issued and outstanding at December 31, 2025 and December 31, 2024. | — | — |
| Class A common stock, $0.0000001 par value: 1,000,000 shares authorized at December 31, 2025 and December 31, 2024; 542,085 and 559,606 issued and outstanding at December 31, 2025 and December 31, 2024, respectively. | — | — |
| Class B common stock, $0.0000001 par value: 500,000 shares authorized at December 31, 2025 and December 31, 2024; 59,993 and 60,070 issued and outstanding at December 31, 2025 and December 31, 2024, respectively. | — | — |
| Additional paid-in capital | 18,895,405 | 19,900,379 |
| Accumulated other comprehensive loss | (365,381) | (1,001,065) |
| Retained earnings | 3,674,254 | 2,368,618 |
| Total stockholders’ equity attributable to common stockholders | 22,204,278 | 21,267,932 |
| Noncontrolling interests | (34,396) | (32,970) |
| Total stockholders’ equity | 22,169,882 | 21,234,962 |
| Total liabilities and stockholders’ equity | $39,549,887 | $36,777,595 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.