FINHUB Insights

XYZ · Q3 FY25 · Sep 30, 2025

Block Q3 FY25: where the revenue came from and where it went

Block Q3 FY25: revenue $6.1B (+2% year over year). Net profit $0.5B. Largest cohort Software and Data Products $2.2B. The whole income statement as a sankey diagram from the SEC filing.

Period
Sep 30, 2025
Reported
Nov 6, 2025 10-Q
Sankey diagram of Block's income statement for Q3 FY25: revenue of $6.1 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$6.1B +2% year over year
Gross profit$2.7B 44% margin
Operating profit$0.4B 7% margin
Net profit$0.5B 8% margin

The numbers

All figures in billions of U.S. dollars, for Q3 FY25 (period ends Sep 30, 2025).
ItemValueShare of revenueYear over year
Revenue 6.1 100% +2%
Software and Data Products 2.2 36% +23%
Cryptocurrency Denominated Assets 2 33% −19%
Transaction 1.9 31% +9%
Hardware 0.1 2% +91%
Cost of revenue−3.557%
Gross profit2.744% margin+6pp
Research & development−0.812%+0pp
Sales & marketing−0.610%+1pp
G&A−0.59%+1pp
Other−0.47%+0pp
Operating profit0.47% margin+1pp
Tax−0.1
Net profit0.58%+3pp
Filing on EDGAR More quarters of XYZ

Source of the numbers: structured XBRL data from the filing (10-Q). The diagram is generated automatically and checked against EDGAR before release. How we calculate it → About and methodology.

Older quarters