profit from every $100 of sales.

Block
Trading close to its highest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2020 to 2025.
You pay $39.16 for every $1 of profit it makes in a year.
It holds more cash than debt.
Money in, money out
What Block sold, what it kept, and what it did with the cash.
Sales went from $17.5 billion in 2022 to $24.2 billion in 2025, with $1.31 billion of profit last year.
Block handed back 96% of the cash it generated last year.
Block vs. similar companies
Block grows in the middle of these 5 and is priced in the middle for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
Block | 39.2× · Expensive | ||
Microsoft | 29.1× · Fair price | ||
Palantir Technologies | 249.1× · Very expensive | ||
Oracle | 22.9× · Fair price | ||
Palo Alto Networks | 232.7× · Very expensive |
AI analysis
An AI analyst reads Block's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 9,498 | 17,661 | 17,532 | 21,916 | 24,121 | 24,194 | |
| 2,733 | 4,420 | 5,992 | 7,505 | 8,889 | 10,360 | |
| – | – | -27 | 382 | 1,687 | 3,046 | |
| – | – | 313 | 790 | 2,063 | 3,415 | |
| 213 | 166 | -541 | 10 | 2,897 | 1,306 | |
| 0.44 | 0.33 | -0.93 | 0.02 | 4.56 | 2.10 | |
| 28.8% | 25.0% | 34.2% | 34.2% | 36.9% | 42.8% | |
| – | – | -0.2% | 1.7% | 7.0% | 12.6% | |
| 2.2% | 0.9% | -3.1% | 0.0% | 12.0% | 5.4% |
Balance sheet
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Total assets | 9,870 | 15,026 | 31,364 | 33,031 | 36,778 | 39,550 |
| Cash | – | – | 7,725 | 8,167 | 12,258 | 11,336 |
| Total debt | – | – | 6,333 | 6,072 | 7,919 | 8,966 |
| Total liabilities | 7,188 | 11,713 | 14,113 | 14,338 | 15,543 | 17,380 |
| 2,682 | 3,273 | 17,223 | 18,695 | 21,268 | 22,204 | |
| 482 | 502 | 579 | 614 | 636 | 623 | |
| – | – | -0.1% | 1.2% | 4.6% | 7.7% | |
| 7.9% | 5.1% | -3.1% | 0.1% | 13.6% | 5.9% |
Cash flow
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 173 | 848 | 176 | 101 | 1,707 | 2,580 | |
| 138 | 134 | 171 | 151 | 154 | 155 | |
| 35 | 714 | 5 | -50 | 1,553 | 2,425 | |
| Dividends paid | – | – | – | – | – | – |
| – | 0 | 0 | 157 | 1,170 | 2,331 | |
| 398 | 608 | 1,071 | 1,276 | 1,273 | 1,215 |
Valuation
- 39.2×
- 23.0×
- 1.07
- 2.1×
- 2.1×
- 21.1×
- 14.3×
- 4.7%
- 2.6%
- 0.0%
Profitability
- 42.8%
- 12.6%
- 5.4%
- 10.6%
- 7.9%
- 3.4%
- 3.6%
- 2.0%
- 10.3%
- 13.0%
Growth
- +20.6%
- +36.7%
- +56.1%
- –
- +2.5%
Financial health
- -0.7×
- 0.40
- 20.3%
- 17.4×
- 2.20
- 1.97
- 0.61
How it ranks in Technology
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
What analysts expect
- Average price target
- $83.29
- Range
- $72.00 – $100.00
- 4 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| May 7, 2026 | 0.85 | 0.68 | +25.9% |
| Feb 26, 2026 | 0.65 | 0.65 | −0.3% |
| Nov 6, 2025 | 0.54 | 0.64 | −15.4% |
| Aug 7, 2025 | 0.62 | 0.63 | −1.1% |
| May 1, 2025 | 0.56 | 0.97 | −42.5% |
| Feb 20, 2025 | 0.71 | 0.88 | −19.1% |
| Nov 7, 2024 | 0.88 | 0.88 | −0.3% |
| Aug 1, 2024 | 0.52 | 0.31 | +67.7% |
News
SCOTUS to consider Robinhood's appeal to block IPO-related lawsuitSeeking Alpha · Nov 13, 2026Washington’s efforts to block Beijing’s access to Nvidia chips could spark a ‘short-lived U.S.-China trade war’ that rattles marketsMarketWatch · Nov 13, 2026FTC sues to block $3.5B Covetrus-MWI deal (update)Seeking Alpha · Nov 13, 2026CFTC sues Arkansas to block state's efforts to halt event-contract tradingSeeking Alpha · Nov 13, 2026Bank of America’s Matthew O’Neill Is Positive on Block (XYZ) for Early 2027. One Question RemainsYahoo Finance · Nov 12, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
2/7Passes 2 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Questions about Block
Is Block a good stock to buy?
A business with weak numbers, but the price is high. 2 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Block AI analysis
What does Block do?
Block, Inc., together with its subsidiaries, builds ecosystems focused on commerce and financial products and services in the United States and internationally. It operates through two segments: Square and Cash App. It is in Software - Infrastructure, based in Oakland, CA, United States, with 10,205 employees.
Does Block pay a dividend?
No. Block does not pay a dividend at the moment; in 2025 it returned $2.33 billion to shareholders by buying back its own shares.
Is Block stock halal?
Yes. Block passes our halal screen: its business is permitted and its debt is 18% of its market value, under the 30% limit. How we check
How has Block stock done over the past year?
Up 35.8% over the past twelve months, to $84.58. It traded between $49.09 and $88.56 and is 4.5% below its high.
Who are Block's competitors?
The largest listed companies in the same industry are Microsoft, Palantir Technologies, Oracle and Palo Alto Networks. The peers table on this page compares their profit, growth and price with Block's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.



