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Block (XYZ) gross margin by quarter

Block's gross margin was 48.1% in Q3 2026 (third quarter 2026), +0.3 pts from Q2 2026. Over the last 6 quarters it ranged from 39.7% (Q1 2025) to 48.1% (Q3 2026).

Block gross margin by quarterBlock gross margin by quarter39.7%Q1 202541.9%Q2 202543.5%Q3 202545.9%Q4 202547.8%Q2 202648.1%Q3 2026
QuarterGross marginQ/QY/Y
Q3 202648.1%+0.3 pts+4.6 pts
Q2 202647.8%+1.9 pts+5.9 pts
Q4 202545.9%+2.4 pts—
Q3 202543.5%+1.6 pts—
Q2 202541.9%+2.2 pts—
Q1 202539.7%——

Q3 2026 at a glance

Block, Q3 2026: revenue $6.7B (+10% year over year), operating margin 6.4%, net earnings $564M, operating cash flow $1.0B. The chart follows the revenue to costs, profit and cash.

Questions

What is Block's gross margin?

Block's gross margin was 48.1% in Q3 2026 (third quarter 2026), +0.3 pts from Q2 2026.

How has Block's gross margin changed?

Over the last 6 quarters it ranged from 39.7% (Q1 2025) to 48.1% (Q3 2026).

Q3 2026 results → · How Block makes money →