Block profit margin XYZ
Gross, operating and net profit as a share of revenue over the last twelve months, from 2015.
- Net margin, 12 months
- 1.4%
- Operating margin, 12 months
- 4.7%
- Net margin on a year earlier
- −11.0 pts
- Peer median
- 10.5%
Over the twelve months to Jun 30, 2026, Block kept 1.4% of its revenue as net profit, with an operating margin of 4.7% and a gross margin of 46.4%.
Five years earlier its net margin was 3.6%.
The median for 10 infrastructure software stocks of a similar size is 10.5%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 5.4% | 7.1% | 42.8% |
| FY2024 | 12.0% | 3.7% | 36.9% |
| FY2023 | 0.0% | −1.3% | 34.2% |
| FY2022 | −3.1% | −3.6% | 34.2% |
| FY2021 | 0.9% | 0.9% | 25.0% |
| FY2020 | 2.2% | −0.2% | 28.8% |
| FY2019 | 8.0% | 0.6% | 40.1% |
| FY2018 | −1.2% | −1.1% | 39.5% |
| FY2017 | −2.8% | −2.4% | 37.9% |
| FY2016 | −10.0% | −10.0% | 33.7% |
| FY2015 | −14.2% | −13.8% | 29.2% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 1.4% | −11.0 pts | 4.7% | |
| Q1 FY26 | 3.3% | −7.6 pts | 4.9% | |
| Q4 FY25 | 5.4% | −6.6 pts | 7.1% | |
| Q3 FY25 | 13.1% | +8.7 pts | 5.2% | |
| Q2 FY25 | 12.4% | +9.5 pts | 4.8% | |
| Q1 FY25 | 10.9% | +9.2 pts | 4.1% | |
| Q4 FY24 | 12.0% | +12.0 pts | 3.7% | |
| Q3 FY24 | 4.4% | +5.4 pts | 3.1% | |
| Q2 FY24 | 2.9% | +3.6 pts | 1.8% | |
| Q1 FY24 | 1.7% | +3.0 pts | −0.1% | |
| Q4 FY23 | 0.0% | +3.1 pts | −1.3% | |
| Q3 FY23 | −1.0% | +2.0 pts | −1.4% |
Against its peers
Companies in Software - Infrastructure nearest Block's size, closest first, today.
| Company | Profit margin |
|---|---|
| XYZBlock | 1.4% |
| ZSZscaler | −1.9% |
| TWLOTwilio | 20.6% |
| OKTAOkta | 9.6% |
| MDBMongoDB | 2.1% |
| VRSNVeriSign | 49.8% |
| CPAYCorpay | 22.7% |
| RBRKRubrik | −16.5% |
| IOTSamsara | 4.9% |
| FFIVF5 | 22.0% |
| SNPSSynopsys | 11.4% |
| Peer median | 10.5% |
Where Block ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Block
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.