XYZ Q2 2022 Earnings — Block, Inc. Revenue & Financial Results | Market Cap Arena

XYZBlock, Inc.

$40B

Q2 2022 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$4.4B-5.9% YoY

Gross Profit

$1.4B32.5% margin

Operating Income

-$21M-0.5% margin

Net Income

-$208M-4.7% margin

EPS (Diluted)

$-0.36

QoQ Revenue Growth

+11.2%

Cash Flow

Operating Cash Flow

-$115M

Free Cash Flow

-$159M

Stock-Based Comp.

$257M

Balance Sheet

Total Assets

$28.9B

Total Liabilities

$12.0B

Stockholders' Equity

$16.9B

Cash & Equivalents

$6.9B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4.4B	$4.7B	-5.9%
Gross Profit	$1.4B	$1.1B	+25.3%
Operating Income	-$21M	$125M	-116.9%
Net Income	-$208M	$204M	-202.0%

Revenue Segments

Cryptocurrency Denominated Assets

$1.8B41%

Transaction

$1.5B34%

Software and Data Products

$1.1B25%

Hardware

$48M1%

Geographic Segments

UNITED STATES

$4.1B94%

Non-US

$257M6%