{ "ok": true, "cik": "1512673", "ticker": "XYZ", "name": "Block, Inc.", "filings": [ { "form": "10-Q", "filed": "2026-08-05", "items": [], "url": "https://www.sec.gov/Archives/edgar/data/1512673/000162828026053368/0001628280-26-053368-index.htm" }, { "form": "8-K", "filed": "2026-08-05", "items": [ "2.02 Results of Operations and Financial Condition", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/1512673/000119312526335117/0001193125-26-335117-index.htm" }, { "form": "8-K", "filed": "2026-06-18", "items": [ "5.07 Submission of Matters to a Vote of Security Holders" ], "url": "https://www.sec.gov/Archives/edgar/data/1512673/000119312526275869/0001193125-26-275869-index.htm" }, { "form": "8-K", "filed": "2026-06-05", "items": [ "5.02 Departure or Election of Directors; Appointment of Officers" ], "url": "https://www.sec.gov/Archives/edgar/data/1512673/000119312526259540/0001193125-26-259540-index.htm" }, { "form": "10-Q", "filed": "2026-05-07", "items": [], "url": "https://www.sec.gov/Archives/edgar/data/1512673/000162828026032200/0001628280-26-032200-index.htm" }, { "form": "8-K", "filed": "2026-05-07", "items": [ "2.02 Results of Operations and Financial Condition", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/1512673/000119312526212032/0001193125-26-212032-index.htm" } ], "events12m": 10, "healthWatch": { "window": "last 12 months", "since": "2025-09-26", "signals": [ { "code": "2.05", "label": "Restructuring or exit costs", "count": 1, "latest": { "filed": "2026-02-26", "url": "https://www.sec.gov/Archives/edgar/data/1512673/000119312526076557/0001193125-26-076557-index.htm" } }, { "code": "5.02", "label": "Director or officer change", "count": 3, "latest": { "filed": "2026-06-05", "url": "https://www.sec.gov/Archives/edgar/data/1512673/000119312526259540/0001193125-26-259540-index.htm" } } ], "note": "Events the company itself filed with the SEC, most serious first. Shown beside the figures; they do not change the range or its receipt." }, "sources": { "facts": "https://data.sec.gov/api/xbrl/companyfacts/CIK0001512673.json", "filings": "https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1512673" }, "license": "Figures as filed with the SEC. Card text CC BY 4.0, POPS4.", "notAdvice": "Reporting, not investment advice. No price targets and no trading recommendations.", "edgar": "🫧 Edgar looked up Block, Inc. ($XYZ). Last filing: 10-Q, 2026-08-05. 10 event filings (8-K) in the past twelve months.", "auditor": { "changes": [], "nonReliance": [], "restatedSince": null }, "metrics": { "fiscalYearEnd": "2025-12-31", "revenue": 24193683000, "revenueGrowth1y": 0.00301106257674566, "revenueGrowthPerYear": 0.08185841101710167, "yearsOfData": 5, "operatingMargin": 0.07061372177191873, "operatingMarginPrior": 0.03699370006773751, "netMargin": 0.05396598773324425, "operatingCashFlow": 2579714000, "capitalSpending": 155038000, "freeCashFlow": 2424676000, "researchAndDevelopment": 2907889000, "researchShareOfRevenue": 0.12019207658461922, "cash": 6564092000, "longTermDebt": null, "longTermDebtChange": null, "revenueHistory": [ { "fiscalYearEnd": "2021-12-31", "revenue": 17661203000 }, { "fiscalYearEnd": "2022-12-31", "revenue": 17531587000 }, { "fiscalYearEnd": "2023-12-31", "revenue": 21915623000 }, { "fiscalYearEnd": "2024-12-31", "revenue": 24121053000 }, { "fiscalYearEnd": "2025-12-31", "revenue": 24193683000 } ], "totalEquity": 22204278000, "totalAssets": 39549887000, "equityRatio": 0.5614245623508355, "returnOnEquity": 0.05880110130128978, "dividendsPaid": null, "payoutRatio": null, "dividendPerShare": null, "dividendYearsRising": null, "dividendCut": null, "priceBased": "Dividend yield, price/earnings and price/book need a share price. The boards carry filings only, so they are not shown.", "earningsPerShare": 2.13, "sharesOutstanding": 622838000, "bookValuePerShare": 35.65016585372119, "revenuePerShare": 38.8442628741342, "range80": { "low": 21893430277.299103, "high": 27896991226.34278, "baseline": 25601135626.118973, "n": 1471, "band": "b10", "bandLabel": "$10B+", "method": "v4.1", "credibility": 0.5, "growthYears": 4, "ownVolatility": 0.10694416508433437, "classVolatility": 0.06659579566308972, "volatility": 0.08908438259758374 }, "ifPaceHeld": { "low": 21893430277.299103, "high": 27896991226.34278 } }, "edgarette": "🔖 Exposure: revenue $24.2B (FY2025). Experience: revenue up 0.3% on the year, up 8.2% a year over 4 years; operating margin 7.1%, up from 3.7%. Soundness: equity 56.1% of assets, return on equity 5.9%. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $21.9B and $27.9B next year (method v4.1: its own 4-year record of growth weighed at 50% against $10B+ filers; on a year the method never saw, 83.4% landed inside). In a shock year the stress range is $19.7B to $30.7B. A statistical range, not company guidance. Against peers (140 filers, $50M+ revenue, services-prepackaged software): operating margin 7.1% against a 0.9% median; growth 0.3% against 13.0%.", "peers": { "sic": 7372, "sicDescription": "Services-Prepackaged Software", "calendarYear": 2025, "minRevenue": 50000000, "depth": 4, "group": "7372", "growth": [ 0.1304, 140 ], "opMargin": [ 0.0091, 140 ], "equityRatio": [ 0.4999, 136 ], "returnOnEquity": [ 0.0234, 120 ], "payoutRatio": [ 0.3057, 11 ] }, "summary": "Block (XYZ) grew revenue 0.3% in FY2025 to $24.2 billion, operating margin 7.1% against a 0.9% median for services-prepackaged software, equity 56.1% of assets. Every figure is from the company’s own annual report filed with the SEC.", "chart": "
Block, Inc. against its own record and its peers
Operating marginPeer median 0.9%7.1%Revenue, on the yearPeer median 13.0%0.3%Equity of assetsPeer median 50.0%56.1%Return on equityPeer median 2.3%5.9%Gold tick: the median of 120–136 peers with $50M+ revenue in services-prepackaged software
", "chartHorizon": null, "backtest": { "tests": 8, "hits": 5, "rate": 0.625, "method": "v4", "byYear": { "2018": [ 0, 1 ], "2019": [ 1, 1 ], "2020": [ 0, 1 ], "2021": [ 1, 1 ], "2022": [ 0, 1 ], "2023": [ 1, 1 ], "2024": [ 1, 1 ], "2025": [ 1, 1 ] }, "note": "hindsight: the same credibility-weighted range on the company's own past years. Years 2018-2023 were used to fit or tune the method, so only 2025 outcomes are fully out of sample." }, "registry": { "logged": "2026-09-26T16:01:56.382Z", "hash": "12175a2c1dafa55d", "status": "open" }, "caution": "Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.", "schema": "pops4.edgarette.card/1", "card": { "summary": "Block (XYZ) grew revenue 0.3% in FY2025 to $24.2 billion, operating margin 7.1% against a 0.9% median for services-prepackaged software, equity 56.1% of assets. Every figure is from the company’s own annual report filed with the SEC.", "exposure": { "fiscalYearEnd": "2025-12-31", "revenue": 24193683000, "totalDebt": null, "cash": 6564092000 }, "experience": { "revenueGrowth1y": 0.00301106257674566, "revenueGrowthPerYear": 0.08185841101710167, "operatingMargin": 0.07061372177191873, "operatingMarginPrior": 0.03699370006773751, "netMargin": 0.05396598773324425, "freeCashFlow": 2424676000 }, "soundness": { "equityRatio": 0.5614245623508355, "returnOnEquity": 0.05880110130128978, "payoutRatio": null, "dividendPerShare": null, "dividendYearsRising": null, "dividendCut": null, "note": "Dividend yield, price/earnings and price/book need a share price. The boards carry filings only, so they are not shown." }, "peers": { "sic": 7372, "sicDescription": "Services-Prepackaged Software", "calendarYear": 2025, "minRevenue": 50000000, "depth": 4, "group": "7372", "growth": [ 0.1304, 140 ], "opMargin": [ 0.0091, 140 ], "equityRatio": [ 0.4999, 136 ], "returnOnEquity": [ 0.0234, 120 ], "payoutRatio": [ 0.3057, 11 ] }, "credibility": { "auditedYears": 5, "weight": "reasonable", "standard": "ASOP No. 25", "nonReliance": null, "auditorChange": null }, "healthWatch": { "window": "last 12 months", "since": "2025-09-26", "signals": [ { "code": "2.05", "label": "Restructuring or exit costs", "count": 1, "latest": { "filed": "2026-02-26", "url": "https://www.sec.gov/Archives/edgar/data/1512673/000119312526076557/0001193125-26-076557-index.htm" } }, { "code": "5.02", "label": "Director or officer change", "count": 3, "latest": { "filed": "2026-06-05", "url": "https://www.sec.gov/Archives/edgar/data/1512673/000119312526259540/0001193125-26-259540-index.htm" } } ], "note": "Events the company itself filed with the SEC, most serious first. Shown beside the figures; they do not change the range or its receipt." }, "range": { "low": 21893430277.299103, "high": 27896991226.34278, "baseline": 25601135626.118973, "coverage": 0.8, "method": "v4.1", "basis": "next fiscal year revenue: baseline = revenue x (1 + mean of one-year and three-year pace); width = the company's own volatility of yearly growth, credibility-weighted against its size class (Buhlmann), scaled to the 80% target on 2023 and tested on 2024", "calibratedOn": { "companyYears": 1471, "sizeBand": "$10B+", "fitYears": [ 2018, 2022 ], "tuneYear": 2023, "testYear": 2024, "coverageOnTestYear": 0.8341 }, "credibility": { "weightOnOwnRecord": 0.5, "growthYears": 4, "ownVolatility": 0.10694416508433437, "classVolatility": 0.06659579566308972, "pricedVolatility": 0.08908438259758374, "k": 3 }, "stress": { "low": 19682566901.168507, "high": 30741841178.09262, "basis": "the same range with widths set to hold 80% across 2018-2023, pandemic years included" }, "kind": "a statistical range, not company guidance; no view on the share price", "track": { "backtest": { "tests": 8, "hits": 5, "rate": 0.625, "method": "v4", "byYear": { "2018": [ 0, 1 ], "2019": [ 1, 1 ], "2020": [ 0, 1 ], "2021": [ 1, 1 ], "2022": [ 0, 1 ], "2023": [ 1, 1 ], "2024": [ 1, 1 ], "2025": [ 1, 1 ] }, "note": "hindsight: the same credibility-weighted range on the company's own past years. Years 2018-2023 were used to fit or tune the method, so only 2025 outcomes are fully out of sample." }, "registry": { "logged": "2026-09-26T16:01:56.382Z", "hash": "12175a2c1dafa55d", "status": "open" }, "scorecard": "https://www.pops4.com/boards/scorecard" } }, "caution": "Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.", "sources": { "facts": "https://data.sec.gov/api/xbrl/companyfacts/CIK0001512673.json", "filings": "https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1512673" }, "speedCash": { "fiscalYear": 2025, "cashConversion": 0.1066, "growth3y": 0.1133, "volatility": 0.1069, "paysDividend": false, "raisedDividend": false, "equityRatio": 0.5614, "quadrant": { "code": "fj", "label": "Fast and jumpy", "plain": "growing faster than its size class, with revenue that swings more" }, "compass": { "code": "later", "inside": "Turns 10.7% of revenue into operating cash; revenue growing 11.3% a year over three years; no common dividend.", "outside": "Among $10B+ companies: 40th percentile for cash, 81st for growth.", "emoji": "🌱", "label": "Cash cow later", "plain": "growing fast, and already turning revenue into cash" }, "band": "$10B+", "cashPctInClass": 40, "growthPctInClass": 81, "source": "SEC XBRL frames, the company’s own audited figures; quadrant split at the median of its size class" }, "harbor": { "signs": [ { "key": "warning", "text": "filed restructuring or exit costs in the last 12 months" } ], "rule": "Boat condition = number of warning signs: a serious warning filing in 12 months; liabilities over assets; slow and jumpy; negative operating cash; an 80% revenue range of ±25% or wider.", "level": 1, "name": "Sound ship", "plain": "one warning sign" }, "cashFlow": { "fiscalYearEnd": "2025-12-31", "operating": 2579714000, "investing": -2801932000, "financing": -613099000, "capitalSpending": 155038000, "free": 2424676000, "trend": [ { "fiscalYearEnd": "2021-12-31", "operating": 847830000, "free": 713510000 }, { "fiscalYearEnd": "2022-12-31", "operating": 175903000, "free": 5088000 }, { "fiscalYearEnd": "2023-12-31", "operating": 100961000, "free": -50190000 }, { "fiscalYearEnd": "2024-12-31", "operating": 1707350000, "free": 1553403000 }, { "fiscalYearEnd": "2025-12-31", "operating": 2579714000, "free": 2424676000 } ], "note": "Annual, as filed in 10-K cash flow statements; negative investing/financing = cash going out (capital spending, buybacks, dividends, debt repaid)." }, "investments": { "fiscalYearEnd": "2025-12-31", "cash": 6564092000, "shortTerm": null, "longTerm": null, "equityHoldings": null, "totalAssets": 39549887000, "ladder": null, "note": "Balance-sheet cash and investment securities at fiscal year end, as filed; short-term = due or saleable within a year. Insurers and banks hold most of their book here." } }, "definitions": { "operatingMargin": "Operating income divided by revenue.", "netMargin": "Net income divided by revenue.", "freeCashFlow": "Cash from operations minus spending on property and equipment.", "researchShareOfRevenue": "Research and development expense for the year as a share of revenue, both as filed.", "equityRatio": "Shareholders equity as a share of total assets, both as filed. Higher means less of the company is owed to someone else.", "returnOnEquity": "Net income for the year against shareholders equity at year end.", "payoutRatio": "Dividends paid as a share of net income, in the year the cash went out.", "dividendYearsRising": "Consecutive years, counted back from the last on record, in which dividend per share rose. A fall ends the run and is reported as dividendCut.", "revenueGrowthPerYear": "Compound annual growth between the first and latest fiscal years shown.", "credibility": "How much weight a record deserves, in the actuarial sense (ASOP No. 25): more audited years, more weight.", "peers": "Medians of SEC filers with $50M+ revenue in the same industry code (SIC), narrowest group with at least 8 filers, calendar-year figures from SEC XBRL frames.", "backtest": "The same range method applied to the company's own past years, scored against what it actually reported next. Hindsight, and labelled so.", "healthWatch": "Distress-type events the company filed in the last 12 months (late-filing notices; 8-K items 1.03, 3.01, 2.04, 4.02, 4.01, 2.05, 2.06, 1.05, 5.02), each with its count and newest filing. Display only: they do not change the range or its receipt." }, "speedCash": { "fiscalYear": 2025, "cashConversion": 0.1066, "growth3y": 0.1133, "volatility": 0.1069, "paysDividend": false, "raisedDividend": false, "equityRatio": 0.5614, "quadrant": { "code": "fj", "label": "Fast and jumpy", "plain": "growing faster than its size class, with revenue that swings more" }, "compass": { "code": "later", "inside": "Turns 10.7% of revenue into operating cash; revenue growing 11.3% a year over three years; no common dividend.", "outside": "Among $10B+ companies: 40th percentile for cash, 81st for growth.", "emoji": "🌱", "label": "Cash cow later", "plain": "growing fast, and already turning revenue into cash" }, "band": "$10B+", "cashPctInClass": 40, "growthPctInClass": 81, "source": "SEC XBRL frames, the company’s own audited figures; quadrant split at the median of its size class" }, "harbor": { "signs": [ { "key": "warning", "text": "filed restructuring or exit costs in the last 12 months" } ], "rule": "Boat condition = number of warning signs: a serious warning filing in 12 months; liabilities over assets; slow and jumpy; negative operating cash; an 80% revenue range of ±25% or wider.", "level": 1, "name": "Sound ship", "plain": "one warning sign" }, "cashFlow": { "fiscalYearEnd": "2025-12-31", "operating": 2579714000, "investing": -2801932000, "financing": -613099000, "capitalSpending": 155038000, "free": 2424676000, "trend": [ { "fiscalYearEnd": "2021-12-31", "operating": 847830000, "free": 713510000 }, { "fiscalYearEnd": "2022-12-31", "operating": 175903000, "free": 5088000 }, { "fiscalYearEnd": "2023-12-31", "operating": 100961000, "free": -50190000 }, { "fiscalYearEnd": "2024-12-31", "operating": 1707350000, "free": 1553403000 }, { "fiscalYearEnd": "2025-12-31", "operating": 2579714000, "free": 2424676000 } ], "note": "Annual, as filed in 10-K cash flow statements; negative investing/financing = cash going out (capital spending, buybacks, dividends, debt repaid)." }, "investments": { "fiscalYearEnd": "2025-12-31", "cash": 6564092000, "shortTerm": null, "longTerm": null, "equityHoldings": null, "totalAssets": 39549887000, "ladder": null, "note": "Balance-sheet cash and investment securities at fiscal year end, as filed; short-term = due or saleable within a year. Insurers and banks hold most of their book here." } }