Filing Flows › Comparisons › CRM vs XYZ
Salesforce vs Block: CRM and XYZ compared
Salesforce is the larger company: $11.3B of revenue in its latest quarter (Q2 FY27) against $6.7B for Block (Q3 2026). Salesforce is growing faster (+11% against +10% a year earlier). Salesforce is more profitable, with an operating margin of 20.5% against 6.4%.
Where the money goes: CRM and XYZ
Salesforce (CRM) · Q2 FY27
Salesforce, Q2 FY27: revenue $11.3B (+11% year over year), operating margin 20.5%, net earnings $3.5B, operating cash flow $1.3B. The chart follows the revenue to costs, profit and cash.
Block (XYZ) · Q3 2026
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.
| Salesforce (CRM) | Block (XYZ) | |
|---|---|---|
| Latest quarter | Q2 FY27 | Q3 2026 |
| Revenue | $11.3B | $6.7B |
| Revenue growth, Y/Y | +11% | +10% |
| Gross margin | 76.7% | 48.1% |
| Operating margin | 20.5% | 6.4% |
| Net earnings | $3.5B | $564M |
| Net margin | 31.1% | 8.4% |
| Operating cash flow | $1.3B | $1.0B |
| Free cash flow | $1.1B | $972M |
| Market value | $182.6B | $51.7B |
| P/E | 18.9× | 113.6× |
| Analysts’ mean target | $287.08 | $100.34 |
Where the revenue comes from
Salesforce
- Subscription and support: $10.8B (95%)
- Professional services and other: $525M (5%)
Block
- Commerce enablement revenue: $3.5B (52%)
- Bitcoin ecosystem revenue: $1.8B (27%)
- Financial solutions revenue: $1.4B (21%)
Questions
Which is bigger, Salesforce or Block?
Salesforce is the larger company: $11.3B of revenue in its latest quarter (Q2 FY27) against $6.7B for Block (Q3 2026).
Is Salesforce or Block growing faster?
Salesforce is growing faster (+11% against +10% a year earlier).
Which is more profitable, Salesforce or Block?
Salesforce is more profitable, with an operating margin of 20.5% against 6.4%.
More: Salesforce earnings · how Salesforce makes money · Block earnings · how Block makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Aug 27, 2026; 10-Q filed Nov 3, 2026). Fiscal quarters can end on different dates. Not investment advice.