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XYZ Q2 2023 Earnings — Block, Inc. Revenue & Financial Results | Market Cap Arena
XYZ
Block, Inc.
$40B
Q2 2023 Earnings
Technology
Software - Infrastructure
Income Statement
Revenue
$5.5B
+25.7% YoY
Gross Profit
$1.8B
33.0% margin
Operating Income
$150M
2.7% margin
Net Income
-$102M
-1.8% margin
EPS (Diluted)
$-0.17
QoQ Revenue Growth
+10.9%
Cash Flow
Operating Cash Flow
$113M
Free Cash Flow
$84M
Stock-Based Comp.
$319M
Balance Sheet
Total Assets
$31.1B
Total Liabilities
$13.3B
Stockholders' Equity
$17.7B
Cash & Equivalents
$8.1B
Year-over-Year Comparison
Metric
Current
Year Ago
Change
Revenue
$5.5B
$4.4B
+25.7%
Gross Profit
$1.8B
$1.4B
+27.9%
Operating Income
$150M
-$21M
+810.5%
Net Income
-$102M
-$208M
+50.9%
Revenue Segments
Cryptocurrency Denominated Assets
$2.4B
43%
Transaction
$1.6B
30%
Software and Data Products
$1.5B
26%
Hardware
$45M
1%
Geographic Segments
UNITED STATES
$5.2B
93%
Non-US
$363M
7%
← FY 2023
All Quarters
Q3 2023 →