Block (XYZ) revenue breakdown
By segment, Cash App is the largest at 65% of fiscal 2025 revenue, growing 21% a year over 5 years.
By product, Commerce Enablement is the largest at 48% of fiscal 2025 revenue; Bitcoin Ecosystem grew fastest, 59% a year over 6 years.
Revenue by segment
Fiscal years, as Block reports them in its 10-K filings; fiscal 2025 total $23.9B.
| Segments | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|---|---|---|
| Cash App | $6.0B | $12.3B | $11.0B | $14.7B | $16.2B | $15.4B | 65% |
| Square | $3.5B | $5.2B | $6.3B | $7.0B | $7.7B | $8.5B | 35% |
Revenue by product
Fiscal years, as Block reports them in its 10-K filings; fiscal 2025 total $24.2B.
| Products | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|---|---|---|---|
| Commerce Enablement | — | — | — | — | $9.5B | $10.5B | $11.5B | 48% |
| Bitcoin Ecosystem | $516M | $4.6B | $10.0B | $7.1B | $9.7B | $10.4B | $8.5B | 35% |
| Financial Solutions | — | — | — | — | $2.7B | $3.3B | $4.2B | 17% |
| Transaction-based revenue | $3.1B | $3.3B | $4.8B | $5.7B | — | — | — | — |
| Subscription and services-based revenue | $1.0B | $1.5B | $2.7B | $4.6B | — | — | — | — |
| Hardware revenue | $85M | $92M | $146M | $164M | — | — | — | — |
Revenue by region
Fiscal years, as Block reports them in its 10-K filings; fiscal 2025 total $24.2B.
| Regions | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|---|---|---|---|
| United States | $4.5B | $9.2B | $17.1B | $16.3B | $20.4B | $22.4B | $22.2B | 92% |
| International | $241M | $311M | $584M | $1.2B | $1.5B | $1.8B | $2.0B | 8% |
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Where does Block make its money?
In fiscal 2025, by segment: Cash App $15.4B, Square $8.5B.
From Block's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.