Block Historical Income Statement

SQ Stock

USD 88.78 0.23 0.26%

Historical analysis of Block income statement accounts such as Total Revenue of 23 B, Gross Profit of 7.9 B or Other Operating Expenses of 23.3 B can show how well Block Inc performed in making a profits. Evaluating Block income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Block's future profits or losses.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining Block Inc latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Block Inc is a good buy for the upcoming year.

Net Income Gross Profit

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Block Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in producer price index.

About Block Income Statement Analysis

Block Inc Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Block shareholders. The income statement also shows Block investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Block Income Statement Chart

At this time, Block's Research Development is relatively stable compared to the past year. As of 11/28/2024, EBITDA is likely to grow to about 410.1 M, while Income Before Tax is likely to drop (30.6 M).

Selling General Administrative Selling And Marketing Expenses Total Revenue Gross Profit Net Interest Income

Total Revenue

Total revenue comprises all receipts Block Inc generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Block Inc minus its cost of goods sold. It is profit before Block operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.

Most accounts from Block's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Block Inc current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Block Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in producer price index.

	2021	2022	2023	2024 (projected)
Gross Profit	4.4B	6.0B	7.5B	7.9B
Total Revenue	17.7B	17.5B	21.9B	23.0B

Gross Profit Total Revenue

Block income statement Correlations

	Depreciation And Amortization	Interest Expense	Selling General Administrative	Selling And Marketing Expenses	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Research Development	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Net Income From Continuing Ops	Tax Provision	Interest Income	Net Interest Income	Non Operating Income Net Other	Reconciled Depreciation	Extraordinary Items	Non Recurring
Depreciation And Amortization		0.67	0.85	0.83	0.84	0.83	0.84	-0.46	-0.2	0.84	0.69	0.83	0.85	-0.45	0.11	-0.4	-0.85	-0.39	-0.87	0.22	0.26	-0.08	0.85	-0.6	-0.84
Interest Expense	0.67		0.81	0.89	0.87	0.86	0.87	0.06	0.35	0.84	0.82	0.87	0.85	0.26	0.7	0.3	-0.52	0.34	-0.67	0.69	-0.06	0.63	0.75	-0.55	-0.64
Selling General Administrative	0.85	0.81		0.96	0.97	0.99	0.97	-0.41	-0.05	1.0	0.67	0.95	1.0	-0.11	0.54	-0.04	-0.84	-0.02	-0.92	0.22	0.39	0.31	0.99	-0.79	-0.93
Selling And Marketing Expenses	0.83	0.89	0.96		0.99	0.98	0.99	-0.25	0.04	0.97	0.73	0.98	0.98	-0.03	0.53	0.02	-0.8	0.06	-0.9	0.35	0.12	0.4	0.92	-0.63	-0.84
Total Revenue	0.84	0.87	0.97	0.99		0.99	1.0	-0.22	0.1	0.98	0.78	1.0	0.98	0.01	0.52	0.07	-0.78	0.09	-0.87	0.29	0.22	0.34	0.93	-0.7	-0.83
Gross Profit	0.83	0.86	0.99	0.98	0.99		0.99	-0.32	0.03	1.0	0.72	0.98	1.0	-0.04	0.56	0.03	-0.81	0.05	-0.91	0.28	0.29	0.37	0.97	-0.75	-0.89
Other Operating Expenses	0.84	0.87	0.97	0.99	1.0	0.99		-0.24	0.08	0.98	0.77	1.0	0.98	-0.01	0.52	0.05	-0.79	0.08	-0.88	0.29	0.23	0.34	0.93	-0.7	-0.84
Operating Income	-0.46	0.06	-0.41	-0.25	-0.22	-0.32	-0.24		0.89	-0.37	0.27	-0.17	-0.37	0.81	0.1	0.79	0.68	0.78	0.61	0.35	-0.46	0.24	-0.52	0.31	0.67
Ebit	-0.2	0.35	-0.05	0.04	0.1	0.03	0.08	0.89		-0.01	0.57	0.13	-0.02	0.89	0.41	0.89	0.44	0.88	0.36	0.48	-0.14	0.38	-0.16	-0.11	0.32
Research Development	0.84	0.84	1.0	0.97	0.98	1.0	0.98	-0.37	-0.01		0.69	0.96	1.0	-0.07	0.56	0.0	-0.82	0.02	-0.91	0.26	0.34	0.35	0.98	-0.77	-0.91
Ebitda	0.69	0.82	0.67	0.73	0.78	0.72	0.77	0.27	0.57	0.69		0.8	0.69	0.28	0.4	0.32	-0.38	0.32	-0.47	0.53	0.11	0.22	0.6	-0.58	-0.46
Cost Of Revenue	0.83	0.87	0.95	0.98	1.0	0.98	1.0	-0.17	0.13	0.96	0.8		0.97	0.03	0.49	0.08	-0.75	0.11	-0.85	0.3	0.19	0.33	0.9	-0.67	-0.8
Total Operating Expenses	0.85	0.85	1.0	0.98	0.98	1.0	0.98	-0.37	-0.02	1.0	0.69	0.97		-0.08	0.55	-0.02	-0.83	0.0	-0.92	0.27	0.3	0.35	0.98	-0.75	-0.91
Income Before Tax	-0.45	0.26	-0.11	-0.03	0.01	-0.04	-0.01	0.81	0.89	-0.07	0.28	0.03	-0.08		0.59	1.0	0.5	0.99	0.4	0.35	-0.14	0.6	-0.2	-0.05	0.35
Total Other Income Expense Net	0.11	0.7	0.54	0.53	0.52	0.56	0.52	0.1	0.41	0.56	0.4	0.49	0.55	0.59		0.62	-0.19	0.63	-0.29	0.54	0.16	0.88	0.52	-0.55	-0.43
Net Income	-0.4	0.3	-0.04	0.02	0.07	0.03	0.05	0.79	0.89	0.0	0.32	0.08	-0.02	1.0	0.62		0.44	0.99	0.34	0.36	-0.1	0.61	-0.14	-0.11	0.29
Income Tax Expense	-0.85	-0.52	-0.84	-0.8	-0.78	-0.81	-0.79	0.68	0.44	-0.82	-0.38	-0.75	-0.83	0.5	-0.19	0.44		0.45	0.95	0.01	-0.33	-0.02	-0.89	0.56	0.92
Net Income From Continuing Ops	-0.39	0.34	-0.02	0.06	0.09	0.05	0.08	0.78	0.88	0.02	0.32	0.11	0.0	0.99	0.63	0.99	0.45		0.31	0.38	-0.15	0.64	-0.13	-0.09	0.29
Tax Provision	-0.87	-0.67	-0.92	-0.9	-0.87	-0.91	-0.88	0.61	0.36	-0.91	-0.47	-0.85	-0.92	0.4	-0.29	0.34	0.95	0.31		-0.09	-0.24	-0.16	-0.93	0.58	0.93
Interest Income	0.22	0.69	0.22	0.35	0.29	0.28	0.29	0.35	0.48	0.26	0.53	0.3	0.27	0.35	0.54	0.36	0.01	0.38	-0.09		-0.4	0.67	0.17	-0.1	-0.11
Net Interest Income	0.26	-0.06	0.39	0.12	0.22	0.29	0.23	-0.46	-0.14	0.34	0.11	0.19	0.3	-0.14	0.16	-0.1	-0.33	-0.15	-0.24	-0.4		-0.28	0.44	-0.74	-0.49
Non Operating Income Net Other	-0.08	0.63	0.31	0.4	0.34	0.37	0.34	0.24	0.38	0.35	0.22	0.33	0.35	0.6	0.88	0.61	-0.02	0.64	-0.16	0.67	-0.28		0.26	-0.17	-0.18
Reconciled Depreciation	0.85	0.75	0.99	0.92	0.93	0.97	0.93	-0.52	-0.16	0.98	0.6	0.9	0.98	-0.2	0.52	-0.14	-0.89	-0.13	-0.93	0.17	0.44	0.26		-0.8	-0.97
Extraordinary Items	-0.6	-0.55	-0.79	-0.63	-0.7	-0.75	-0.7	0.31	-0.11	-0.77	-0.58	-0.67	-0.75	-0.05	-0.55	-0.11	0.56	-0.09	0.58	-0.1	-0.74	-0.17	-0.8		0.73
Non Recurring	-0.84	-0.64	-0.93	-0.84	-0.83	-0.89	-0.84	0.67	0.32	-0.91	-0.46	-0.8	-0.91	0.35	-0.43	0.29	0.92	0.29	0.93	-0.11	-0.49	-0.18	-0.97	0.73

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Block Account Relationship Matchups

Block income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	(297.8M)	154.5M	217.9M	470.3M	408.6M	429.0M
Interest Expense	21.5M	56.9M	33.1M	36.2M	47.2M	49.6M
Selling General Administrative	436.3M	579.2M	983.3M	1.7B	2.2B	2.3B
Selling And Marketing Expenses	624.8M	1.1B	1.6B	2.1B	2.0B	2.1B
Total Revenue	4.7B	9.5B	17.7B	17.5B	21.9B	23.0B
Gross Profit	1.9B	2.7B	4.4B	6.0B	7.5B	7.9B
Other Operating Expenses	4.7B	9.5B	17.4B	18.1B	22.2B	23.3B
Operating Income	26.6M	272.9M	261.7M	(578.0M)	(278.8M)	(264.9M)
Ebit	26.6M	272.9M	190.6M	(529.1M)	(18.0M)	(18.9M)
Research Development	670.6M	881.8M	1.4B	2.1B	2.7B	2.9B
Ebitda	(271.3M)	427.4M	408.5M	(58.8M)	390.5M	410.1M
Cost Of Revenue	2.8B	6.8B	13.2B	11.5B	14.4B	15.1B
Total Operating Expenses	1.9B	2.8B	4.2B	6.6B	7.8B	8.2B
Income Before Tax	378.2M	216.0M	157.5M	(565.3M)	(29.1M)	(30.6M)
Total Other Income Expense Net	351.7M	234.8M	(3.7M)	12.6M	249.7M	262.2M
Net Income	375.4M	213.1M	166.3M	(553.0M)	9.8M	10.3M
Income Tax Expense	2.8M	2.9M	(1.4M)	(12.3M)	(8.0M)	(7.6M)
Net Income From Continuing Ops	375.4M	213.1M	158.8M	(553.0M)	(21.1M)	(22.2M)
Net Income Applicable To Common Shares	375.4M	213.1M	166.3M	(540.7M)	(621.9M)	(590.8M)
Tax Provision	2.8M	2.9M	(1.4M)	(12.3M)	(8.0M)	(7.6M)
Interest Income	33.8M	238.4M	2.4M	37.2M	42.8M	44.9M
Net Interest Income	(21.5M)	(56.9M)	(33.1M)	(36.2M)	47.2M	49.6M
Non Operating Income Net Other	373.2M	291.7M	29.5M	95.4M	109.8M	125.8M
Reconciled Depreciation	75.6M	84.2M	134.8M	340.5M	408.6M	429.0M

Pair Trading with Block

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Block position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Block will appreciate offsetting losses from the drop in the long position's value.

Moving together with Block Stock

0.68	NL	NL Industries	Pair Corr
0.86	WM	Waste Management	Pair Corr

Moving against Block Stock

0.82	HDSN	Hudson Technologies	Pair Corr
0.8	BCO	Brinks Company	Pair Corr
0.65	MG	Mistras Group	Pair Corr
0.61	CDTG	CDT Environmental	Pair Corr
0.56	BLMZ	BloomZ Ordinary Shares	Pair Corr

The ability to find closely correlated positions to Block could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Block when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Block - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Block Inc to buy it.

The correlation of Block is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Block moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Block Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Block can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Block Stock Analysis

When running Block's price analysis, check to measure Block's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Block is operating at the current time. Most of Block's value examination focuses on studying past and present price action to predict the probability of Block's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Block's price. Additionally, you may evaluate how the addition of Block to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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Block Historical Income Statement

About Block Income Statement Analysis

Block Income Statement Chart

Total Revenue

Gross Profit

Net Interest Income

Block income statement Correlations

Block Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Block income statement Accounts

Pair Trading with Block

Moving together with Block Stock

Moving against Block Stock

Additional Tools for Block Stock Analysis

COMMON DESTINATIONS

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Research Development	+ 1.0	Selling General Administrative
Total Operating Expenses	+ 1.0	Selling General Administrative
Other Operating Expenses	+ 1.0	Total Revenue
Cost Of Revenue	+ 1.0	Total Revenue
Research Development	+ 1.0	Gross Profit
Total Operating Expenses	+ 1.0	Gross Profit

Non Recurring	- 0.97	Reconciled Depreciation
Reconciled Depreciation	- 0.93	Tax Provision
Non Recurring	- 0.93	Selling General Administrative
Tax Provision	- 0.92	Total Operating Expenses
Tax Provision	- 0.92	Selling General Administrative
Non Recurring	- 0.91	Total Operating Expenses