XYZ Q4 2023 Earnings — Block, Inc. Revenue & Financial Results | Market Cap Arena

XYZBlock, Inc.

$40B

Q4 2023 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$5.8B+24.1% YoY

Gross Profit

$2.0B34.3% margin

Operating Income

$167M2.9% margin

Net Income

$178M3.1% margin

EPS (Diluted)

$0.28

QoQ Revenue Growth

+2.8%

Cash Flow

Operating Cash Flow

-$798M

Free Cash Flow

-$850M

Stock-Based Comp.

$332M

Balance Sheet

Total Assets

$33.0B

Total Liabilities

$14.3B

Stockholders' Equity

$18.7B

Cash & Equivalents

$8.2B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$5.8B	$4.7B	+24.1%
Gross Profit	$2.0B	$1.6B	+25.7%
Operating Income	$167M	$71M	+136.6%
Net Income	$178M	-$114M	+256.4%

Revenue Segments

Cryptocurrency Denominated Assets

$2.5B44%

Software and Data Products

$1.6B28%

Transaction

$1.6B28%

Hardware

$32M1%

Geographic Segments

UNITED STATES

$5.4B93%

Non-US

$421M7%