← Block, Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||||
| Current assets: | |||||||||||
| Cash and Cash Equivalents, at Carrying Value | $452.0m | $696.5m | $583.2m | $1.0b | $3.2b | $4.4b | $4.5b | $5.0b | $8.1b | $6.6b | |
| Cash and cash equivalents | $452.0m | $696.5m | $583.2m | $1.0b | $3.2b | $4.4b | $4.5b | $5.0b | $8.1b | $6.6b | |
| Consumer receivables, net | — | — | — | — | — | $91.4m | $2.0b | $2.7b | $2.9b | $2.7b | |
| Other current assets | $56.3m | $86.5m | $165.0m | $250.4m | $383.1m | $687.4m | $1.6b | $2.4b | $2.5b | $3.6b | |
| Settlements receivable | $321.1m | $620.5m | $364.9m | $588.7m | $1.0b | $1.2b | $2.4b | $3.2b | $1.1b | $1.4b | |
| Inventory, Net | $13.7m | $16.8m | $28.6m | $47.7m | $61.1m | $77.1m | $97.7m | $110.1m | $105.0m | $158.3m | |
| Assets, Current | $1.0b | $1.8b | $2.1b | $3.2b | $7.8b | $10.5b | $15.6b | $18.9b | $19.9b | $22.9b | |
| Total current assets | $1.0b | $1.8b | $2.1b | $3.2b | $7.8b | $10.5b | $15.6b | $18.9b | $19.9b | $22.9b | |
| Property, Plant and Equipment, Net | $88.3m | $91.5m | $142.4m | $149.2m | $233.5m | $282.1m | $329.3m | $296.1m | $314.4m | $323.4m | |
| Acquired intangible assets, net | $19.3m | $14.3m | $77.1m | $69.1m | $137.6m | $257.0m | $2.0b | $1.8b | $1.4b | $1.3b | |
| Goodwill | $57.2m | $58.3m | $261.7m | $266.3m | $316.7m | $519.3m | $12.0b | $11.9b | $11.4b | $11.8b | |
| Operating Lease, Right-of-Use Asset | — | — | — | $113.1m | $456.9m | $449.4m | $373.2m | $244.7m | $220.0m | $214.9m | |
| Operating lease right-of-use assets | — | — | — | $113.1m | $456.9m | $449.4m | $373.2m | $244.7m | $220.0m | $214.9m | |
| Other Assets, Noncurrent | $3.2m | $31.4m | $58.4m | $196.4m | $499.2m | $370.5m | $484.2m | $739.5m | $1.2b | $754.8m | |
| Additional Financial Items | |||||||||||
| Accounts Receivable, after Allowance for Credit Loss, Current | $6.2m | $8.6m | $22.4m | $33.9m | $42.0m | $89.7m | $140.5m | $134.8m | $148.9m | $238.2m | |
| Accrued Liabilities, Current | $39.5m | $52.3m | $82.4m | $128.4m | $126.7m | $254.9m | $382.6m | $538.8m | $725.3m | $669.1m | |
| Accrued expenses and other current liabilities | — | — | $215.2m | $297.8m | $360.9m | $639.3m | $1.1b | $1.3b | $1.5b | $1.5b | |
| Bitcoin investment | — | — | — | — | — | — | — | — | $792.3m | $777.5m | |
| Customer funds | $43.6m | $103.0m | $334.0m | $676.3m | $2.0b | $2.8b | $3.2b | $3.2b | $4.2b | $4.8b | |
| Customers payable | $388.1m | $733.7m | $749.2m | $1.3b | $3.0b | $4.0b | $5.5b | $6.8b | $5.8b | $6.8b | |
| Deferred tax assets | — | — | — | — | — | — | — | $9.4m | $1.8b | $1.3b | |
| Loans held for investment, net | — | — | — | — | — | — | — | — | $365.1m | $3.4b | |
| Operating lease liabilities, non-current | — | — | — | $108.8m | $389.7m | $395.0m | $357.4m | $289.8m | $278.6m | $257.1m | |
| Other non-current assets | $3.2m | $31.4m | $58.4m | $196.4m | $499.2m | $370.5m | $484.2m | $739.5m | $1.2b | $754.8m | |
| Other non-current liabilities | $57.7m | $69.5m | $93.3m | $94.5m | $85.3m | $222.8m | $201.7m | $155.0m | $152.2m | $123.5m | |
| Warehouse funding facilities, current | — | — | — | — | — | $0 | $461.2m | $753.0m | $185.0m | $466.9m | |
| Warehouse funding facilities, non-current | — | — | — | — | — | $0 | $877.1m | $854.9m | $1.3b | $897.9m | |
| Total stockholders’ equity | — | — | — | — | $2.7b | $3.3b | $17.3b | $18.7b | $21.2b | $22.2b | |
| Assets | $1.2b | $2.2b | $3.3b | $4.6b | $9.9b | $13.9b | $31.4b | $34.1b | $36.8b | $39.5b | |
| Total assets | $1.2b | $2.2b | $3.3b | $4.6b | $9.9b | $13.9b | $31.4b | $34.1b | $36.8b | $39.5b | |
| LIABILITIES AND EQUITY | |||||||||||
| Total liabilities and stockholders’ equity | $1.2b | $2.2b | $3.3b | $4.6b | $9.9b | $13.9b | $31.4b | $34.1b | $36.8b | $39.5b | |
| Current liabilities: | |||||||||||
| Accounts Payable, Current | $12.6m | $16.8m | — | $42.1m | $47.1m | $82.2m | $95.8m | $142.6m | $118.0m | $114.6m | |
| Current portion of long-term debt (Note 14) | — | — | — | — | — | $455k | $460.4m | $0 | $999.5m | $1.6b | |
| Deferred Revenue, Current | $5.4m | $5.9m | — | — | — | — | — | — | — | — | |
| Investments in short-term debt securities | — | — | $541.0m | $492.5m | $695.1m | $869.3m | $1.1b | $851.9m | $403.4m | $517.8m | |
| Long-term Debt, Current Maturities | — | — | — | — | — | $455k | — | $0 | — | — | |
| Long-term Debt, Excluding Current Maturities | $0 | $358.6m | $899.7m | $938.8m | $2.6b | $4.6b | $4.1b | $0 | $999.5m | $1.6b | |
| Operating Lease, Liability, Current | — | — | — | $27.3m | $52.7m | $64.0m | $66.9m | $53.7m | $52.9m | $55.3m | |
| Operating Lease, Liability, Noncurrent | — | — | — | $108.8m | $389.7m | $395.0m | $357.4m | $289.8m | $278.6m | $257.1m | |
| Liabilities, Current | $577.5m | $972.8m | $1.0b | $1.7b | $4.1b | $5.4b | $8.4b | $9.9b | $8.5b | $10.4b | |
| Total current liabilities | $577.5m | $972.8m | $1.0b | $1.7b | $4.1b | $5.4b | $8.4b | $9.9b | $8.5b | $10.4b | |
| Deferred Income Tax Liabilities, Net | $476k | $644k | $3.9m | — | — | $15.2m | $132.5m | $35.7m | $162.4m | $1.2m | |
| Deferred tax liabilities | — | — | — | — | — | $15.2m | $132.5m | $35.7m | $162.4m | $1.2m | |
| Investments in long-term debt securities | — | — | $464.7m | $537.3m | $463.9m | $1.5b | $573.4m | $251.1m | $472.0m | $188.9m | |
| Long-term debt (Note 14) | $0 | $358.6m | $899.7m | $938.8m | $2.6b | $4.6b | $4.1b | $4.1b | $5.1b | $5.7b | |
| Other Liabilities, Noncurrent | $57.7m | $69.5m | $93.3m | $94.5m | $85.3m | $222.8m | $201.7m | $155.0m | $152.2m | $123.5m | |
| Deferred Tax Liabilities, Net | $170k | $125k | — | — | — | $15.2m | $118.6m | $26.3m | $162.4m | $1.2m | |
| Liabilities | $635.2m | $1.4b | $2.2b | $2.8b | $7.2b | $10.6b | $14.1b | $15.4b | $15.5b | $17.4b | |
| Total liabilities | $635.2m | $1.4b | $2.2b | $2.8b | $7.2b | $10.6b | $14.1b | $15.4b | $15.5b | $17.4b | |
| Stockholders’ equity: | |||||||||||
| Accumulated Other Comprehensive Income (Loss), Net of Tax | ($2.0m) | ($1.3m) | ($6.1m) | $1.6m | $23.3m | ($16.4m) | ($523.1m) | ($378.3m) | ($1.0b) | ($365.4m) | |
| Accumulated other comprehensive loss | ($2.0m) | ($1.3m) | ($6.1m) | $1.6m | $23.3m | ($16.4m) | ($523.1m) | ($378.3m) | ($1.0b) | ($365.4m) | |
| Additional Paid in Capital | $1.4b | $1.6b | $2.0b | $2.2b | $3.0b | $3.3b | $18.3b | $19.6b | $19.9b | $18.9b | |
| Preferred Stock, Value, Issued | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| 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. | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Retained Earnings (Accumulated Deficit) | ($779.2m) | ($842.7m) | ($885.8m) | ($510.3m) | ($297.2m) | ($28.0m) | ($568.7m) | ($528.4m) | $2.4b | $3.7b | |
| Total stockholders’ equity attributable to common stockholders | $576.2m | $786.3m | $1.1b | $1.7b | $2.7b | $3.3b | $17.2b | $18.7b | $21.3b | $22.2b | |
| Stockholders' Equity Attributable to Parent | $576.2m | $786.3m | $1.1b | $1.7b | $2.7b | $3.3b | $17.2b | $18.7b | $21.3b | $22.2b | |
| Noncontrolling interests | — | — | — | — | $0 | $40.7m | $28.5m | ($2.4m) | ($33.0m) | ($34.4m) | |
| Stockholders' Equity Attributable to Noncontrolling Interest | $576.2m | $786.3m | $1.1b | $1.7b | $2.7b | $40.7m | $28.5m | ($2.4m) | ($33.0m) | ($34.4m) | |
| Liabilities and Equity | $1.2b | $2.2b | $3.3b | $4.6b | $9.9b | $13.9b | $31.4b | $34.1b | $36.8b | $39.5b |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.