XYZ Q2 2020 Earnings — Block, Inc. Revenue & Financial Results | Market Cap Arena

XYZBlock, Inc.

$39B

Q2 2020 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$1.9B+63.8% YoY

Gross Profit

$578M30.0% margin

Operating Income

$15M0.8% margin

Net Income

-$11M-0.6% margin

EPS (Diluted)

$-0.03

QoQ Revenue Growth

+39.3%

Cash Flow

Operating Cash Flow

-$273M

Free Cash Flow

-$304M

Stock-Based Comp.

$96M

Balance Sheet

Total Assets

$7.8B

Total Liabilities

$5.9B

Stockholders' Equity

$1.9B

Cash & Equivalents

$3.7B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.9B	$1.2B	+63.8%
Gross Profit	$578M	$449M	+28.7%
Operating Income	$15M	$33M	-56.5%
Net Income	-$11M	-$7M	-70.3%