Block, Inc.
For the period ended Nov 3, 2026. Filed Nov 3, 2026.
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Nov 3, 2026 · Filed Nov 3, 2026
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XYZ$85.48+1.7%Stored close · as of Nov 6, 2026
Contents
EX-99.1 · Reportable Segment Disclosures, Continued
| THREE MONTHS ENDED · NINE MONTHS ENDED | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sep. 30, 2025 · Sep. 30, 2025 | |||||||||||||
| (in millions) (i) · Cash App · Square · Corporate and Other · Total · Cash App · Square · Corporate and Other · Total | |||||||||||||
| Revenue: | |||||||||||||
| Commerce enablement revenue | $976 | $1,979 | $45 | $2,999 | $2,816 | $5,521 | $128 | $8,464 | |||||
| Financial solutions revenue | 834 | 261 | — | 1,095 | 2,217 | 738 | — | 2,954 | |||||
| Bitcoin ecosystem revenue | 1,990 | 1 | 30 | 2,021 | 6,491 | 1 | 31 | 6,522 | |||||
| Segment revenue | $3,800 | $2,241 | $75 | $6,115 | $11,523 | $6,259 | $158 | $17,941 | |||||
| Cost of revenue: | |||||||||||||
| Commerce enablement costs | $185 | $1,216 | $33 | $1,434 | $551 | $3,296 | $93 | $3,940 | |||||
| Financial solutions costs | 83 | 6 | — | 89 | 233 | 16 | — | 249 | |||||
| Bitcoin ecosystem costs | 1,895 | 1 | 22 | 1,917 | 6,196 | 1 | 25 | 6,221 | |||||
| Amortization of acquired technology | 13 | 1 | — | 14 | 39 | 4 | — | 43 | |||||
| Segment cost of revenue | 2,176 | 1,223 | 55 | 3,453 | 7,019 | 3,317 | 118 | 10,454 | |||||
| Segment gross profit | $1,624 | $1,018 | $20 | $2,662 | $4,504 | $2,942 | $41 | $7,488 | |||||
| THREE MONTHS ENDED | |||||
|---|---|---|---|---|---|
| Cash App (i) (in millions) | Sep. 30, 2026 | Sept. 30, 2025 | Dec. 31, 2025 | Mar. 31, 2026 | Jun. 30, 2026 |
| Revenue: | |||||
| Commerce enablement revenue | $1,198 | $976 | $1,096 | $1,086 | $1,131 |
| Financial solutions revenue | 1,108 | 834 | 949 | 1,040 | 1,077 |
| Bitcoin ecosystem revenue | 1,768 | 1,990 | 1,856 | 1,744 | 1,813 |
| Segment revenue | $4,074 | $3,800 | $3,902 | $3,871 | $4,021 |
| Cost of revenue: | |||||
| Commerce enablement costs | $196 | $185 | $201 | $187 | $187 |
| Financial solutions costs | 85 | 83 | 84 | 83 | 88 |
| Bitcoin ecosystem costs | 1,711 | 1,895 | 1,773 | 1,681 | 1,760 |
| Amortization of acquired technology | 12 | 13 | 13 | 12 | 12 |
| Segment cost of revenue | 2,004 | 2,176 | 2,070 | 1,963 | 2,048 |
| Segment gross profit | $2,070 | $1,624 | $1,831 | $1,908 | $1,973 |
| THREE MONTHS ENDED | |||||
|---|---|---|---|---|---|
| Cash App (i) (in millions) | Sep. 30, 2025 | Sept. 30, 2024 | Dec. 31, 2024 | Mar. 31, 2025 | Jun. 30, 2025 |
| Revenue: | |||||
| Commerce enablement revenue | $976 | $848 | $949 | $900 | $940 |
| Financial solutions revenue | 834 | 620 | 607 | 649 | 733 |
| Bitcoin ecosystem revenue | 1,990 | 2,462 | 2,461 | 2,329 | 2,171 |
| Segment revenue | $3,800 | $3,930 | $4,017 | $3,879 | $3,845 |
| Cost of revenue: | |||||
| Commerce enablement costs | $185 | $169 | $200 | $176 | $190 |
| Financial solutions costs | 83 | 75 | 73 | 73 | 78 |
| Bitcoin ecosystem costs | 1,895 | 2,366 | 2,354 | 2,237 | 2,064 |
| Amortization of acquired technology | 13 | 14 | 14 | 13 | 13 |
| Segment cost of revenue | 2,176 | 2,624 | 2,641 | 2,499 | 2,344 |
| Segment gross profit | $1,624 | $1,306 | $1,376 | $1,380 | $1,501 |
| THREE MONTHS ENDED | |||||
|---|---|---|---|---|---|
| Square (i) (in millions) | Sep. 30, 2026 | Sept. 30, 2025 | Dec. 31, 2025 | Mar. 31, 2026 | Jun. 30, 2026 |
| Revenue: | |||||
| Commerce enablement revenue | $2,227 | $1,979 | $1,905 | $1,803 | $2,161 |
| Financial solutions revenue | 332 | 261 | 273 | 282 | 305 |
| Bitcoin ecosystem revenue | 35 | 1 | 14 | 28 | 37 |
| Segment revenue | $2,594 | $2,241 | $2,193 | $2,112 | $2,504 |
| Cost of revenue: | |||||
| Commerce enablement costs | $1,381 | $1,216 | $1,178 | $1,096 | $1,300 |
| Financial solutions costs | 22 | 6 | 6 | 6 | 6 |
| Bitcoin ecosystem costs | 34 | 1 | 14 | 28 | 37 |
| Amortization of acquired technology | — | 1 | 1 | 1 | 1 |
| Segment cost of revenue | 1,437 | 1,223 | 1,200 | 1,131 | 1,343 |
| Segment gross profit | $1,157 | $1,018 | $993 | $982 | $1,160 |
| THREE MONTHS ENDED | |||||
|---|---|---|---|---|---|
| Square (i) (in millions) | Sep. 30, 2025 | Sept. 30, 2024 | Dec. 31, 2024 | Mar. 31, 2025 | Jun. 30, 2025 |
| Revenue: | |||||
| Commerce enablement revenue | $1,979 | $1,790 | $1,751 | $1,627 | $1,915 |
| Financial solutions revenue | 261 | 212 | 220 | 226 | 251 |
| Bitcoin ecosystem revenue | 1 | — | — | — | — |
| Segment revenue | $2,241 | $2,002 | $1,970 | $1,852 | $2,166 |
| Cost of revenue: | |||||
| Commerce enablement costs | $1,216 | $1,063 | $1,040 | $947 | $1,133 |
| Financial solutions costs | 6 | 5 | 5 | 5 | 5 |
| Bitcoin ecosystem costs | 1 | — | — | — | — |
| Amortization of acquired technology | 1 | 1 | 2 | 2 | 2 |
| Segment cost of revenue | 1,223 | 1,069 | 1,047 | 954 | 1,139 |
| Segment gross profit | $1,018 | $932 | $924 | $898 | $1,027 |
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