XYZ Q3 2024 Earnings — Block, Inc. Revenue & Financial Results | Market Cap Arena

XYZBlock, Inc.

$40B

Q3 2024 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$6.0B+6.4% YoY

Gross Profit

$2.2B37.6% margin

Operating Income

$323M5.4% margin

Net Income

$284M4.7% margin

EPS (Diluted)

$0.45

QoQ Revenue Growth

-2.9%

Cash Flow

Operating Cash Flow

$685M

Free Cash Flow

$628M

Stock-Based Comp.

$324M

Balance Sheet

Total Assets

$36.4B

Total Liabilities

$16.4B

Stockholders' Equity

$19.9B

Cash & Equivalents

$12.2B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$6.0B	$5.6B	+6.4%
Gross Profit	$2.2B	$1.8B	+22.2%
Operating Income	$323M	$171M	+89.1%
Net Income	$284M	-$89M	+419.8%

Revenue Segments

Cryptocurrency Denominated Assets

$2.4B41%

Software and Data Products

$1.8B30%

Transaction

$1.7B29%

Hardware

$37M1%

Geographic Segments

UNITED STATES

$5.5B92%

Non-US

$456M8%