XYZ FY 2023 Earnings — Block, Inc. Revenue & Financial Results | Market Cap Arena

XYZBlock, Inc.

$40B

FY 2023 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$21.9B+25.0% YoY

Gross Profit

$7.3B33.5% margin

Operating Income

$633M2.9% margin

Net Income

$10M0.0% margin

EPS (Diluted)

$0.02

Cash Flow

Operating Cash Flow

$101M

Free Cash Flow

-$50M

Stock-Based Comp.

$1.3B

Balance Sheet

Total Assets

$33.0B

Total Liabilities

$14.3B

Stockholders' Equity

$18.7B

Cash & Equivalents

$8.2B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$21.9B	$17.5B	+25.0%
Gross Profit	$7.3B	$6.0B	+22.3%
Operating Income	$633M	-$625M	+201.3%
Net Income	$10M	-$541M	+101.8%