XYZ Q1 2022 Earnings — Block, Inc. Revenue & Financial Results | Market Cap Arena

XYZBlock, Inc.

$40B

Q1 2022 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$4.0B-21.7% YoY

Gross Profit

$1.3B32.7% margin

Operating Income

-$227M-5.7% margin

Net Income

-$204M-5.2% margin

EPS (Diluted)

$-0.38

QoQ Revenue Growth

-2.9%

Cash Flow

Operating Cash Flow

$229M

Free Cash Flow

$188M

Stock-Based Comp.

$275M

Balance Sheet

Total Assets

$29.1B

Total Liabilities

$11.7B

Stockholders' Equity

$17.4B

Cash & Equivalents

$7.2B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4.0B	$5.1B	-21.7%
Gross Profit	$1.3B	$964M	+34.4%
Operating Income	-$227M	$68M	-434.8%
Net Income	-$204M	$39M	-623.5%

Revenue Segments

Cryptocurrency Denominated Assets

$1.7B44%

Transaction

$1.2B31%

Software and Data Products

$960M24%

Hardware

$37M1%

Geographic Segments

UNITED STATES

$3.7B94%

Non-US

$239M6%