Block, Inc.
XYZ, BSQKZ · Services-Prepackaged Software · 614.0M shares · +7%/yr ↑ shares · EDGAR filings ↗
Net buyback after stock comp: -$1.1B (gross $157M, SBC $1.3B)
Reference price $74.01 · est. market cap ~$45.4B — last insider sale, 2026-06-24 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
C68Large fintech generating substantial FCF, but low margins and stalled growth.
Strengths
- Substantial free cash flow — FCF $2.42B (95th)
- Profitable, solid liquidity — net margin 5.4%, current ratio 2.20 (71st)
Risks
- Low gross margin for sector — 42.8% (8th)
- Stalled revenue and falling earnings — revenue +0.3% (28th), net income -54.9%
- Crypto/transaction-volume sensitivity — per 10-K
Notable findings
- Restatement• anti-takeover provisions contained in our amended and restated certificate of incorporation, our amended and restated bylaws, and provisions of Delaware law; and • exclusive forum provisions in ou 8-K ↗
- Exec changeRecent 8-K item 5.02 8-K ↗
- Fund exitedNotable fund(s) exited this quarter: VANGUARD GROUP INC
- Strong balance sheetStrong balance sheet — $6.6B cash & investments
- Notable holderHeld by 7 notable fund(s): STATE STREET CORP, CITADEL ADVISORS LLC, TIGER GLOBAL MANAGEMENT LLC +4 more (as of 2026-03-31)
- Insider sellingInsider selling — 39 open-market sale(s) by 6 insider(s) (cluster of 6 insiders, ~$23M, last 6mo) Form 4 ↗
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Gross margin
42.8%
Operating margin
7.1%
Net margin
5.4%
Return on equity
5.9%
Return on assets
3.3%
Revenue growth (QoQ)
-3.1%
Net-income growth
-54.9%
Current ratio
2.2×
Free cash flow
$2.4B
EBITDA
$2.1B
Tangible book value
$9.1B
Cash & investments
$6.6B
Stock comp / revenue
5.0%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-06-24 | Eisen Anthony Mathew | Sell | 6.0K | $74.01 |
| 2026-06-23 | Eisen Anthony Mathew | Sell | 6.0K | $72.29 |
| 2026-06-22 | Eisen Anthony Mathew | Sell | 6.0K | $74.28 |
| 2026-06-18 | Eisen Anthony Mathew | Sell | 6.0K | $73.99 |
| 2026-06-17 | Eisen Anthony Mathew | Sell | 6.0K | $74.10 |
| 2026-06-16 | Meeker Mary G | Grant | 3.7K | — |
| 2026-06-16 | McKelvey James Morgan Jr. | Grant | 3.7K | — |
| 2026-06-16 | GARUTTI RANDALL J | Grant | 3.7K | — |
| 2026-06-16 | Carter Shawn Corey | Grant | 3.7K | — |
| 2026-06-16 | Deighton Paul | Tax withheld | 2.0K | $74.68 |
| 2026-06-16 | Brooks Amy | Grant | 3.7K | — |
| 2026-06-16 | Ahuja Amrita | Sell | 8.1K | $75.00 |
| 2026-06-16 | Deighton Paul | Grant | 3.7K | — |
| 2026-06-16 | BOTHA ROELOF | Grant | 4.6K | — |
| 2026-06-16 | Eisen Anthony Mathew | Grant | 3.7K | — |
| 2026-06-16 | Eisen Anthony Mathew | Sell | 6.0K | $74.95 |
| 2026-06-16 | Narula Neha | Grant | 3.7K | — |
| 2026-06-15 | Eisen Anthony Mathew | Sell | 6.0K | $72.26 |
| 2026-06-12 | Eisen Anthony Mathew | Sell | 6.0K | $69.78 |
| 2026-06-11 | Eisen Anthony Mathew | Sell | 6.0K | $66.07 |
| 2026-06-10 | Eisen Anthony Mathew | Sell | 6.0K | $66.64 |
| 2026-06-09 | Eisen Anthony Mathew | Sell | 6.0K | $68.82 |
| 2026-06-08 | Eisen Anthony Mathew | Sell | 6.0K | $68.22 |
| 2026-06-05 | Eisen Anthony Mathew | Sell | 6.0K | $70.19 |
| 2026-06-04 | Eisen Anthony Mathew | Sell | 6.0K | $70.84 |
| 2026-06-03 | Eisen Anthony Mathew | Sell | 6.0K | $72.82 |
| 2026-06-02 | Eisen Anthony Mathew | Sell | 6.0K | $76.35 |
| 2026-06-01 | Eisen Anthony Mathew | Sell | 48K | $76.23 |
| 2026-06-01 | Eisen Anthony Mathew | Sell | 87K | $77.13 |
| 2026-06-01 | Ahuja Amrita | Sell | 4.0K | $76.12 |
| 2026-06-01 | Ahuja Amrita | Sell | 7.1K | $76.90 |
| 2026-05-22 | Jennings Owen Britton | Sell | 1.3K | $68.54 |
| 2026-05-22 | Grassadonia Brian | Sell | 5.0K | $67.76 |
| 2026-05-22 | Grassadonia Brian | Sell | 3.1K | $68.41 |
| 2026-05-21 | Jennings Owen Britton | Sell | 583 | $69.83 |
| 2026-05-20 | Esperanza Chrysty | Tax withheld | 7.3K | $70.89 |
| 2026-05-20 | Ahuja Amrita | Tax withheld | 18K | $70.89 |
| 2026-05-20 | Weber Arnaud | Tax withheld | 14K | $70.89 |
| 2026-05-20 | Jennings Owen Britton | Tax withheld | 18K | $70.89 |
| 2026-05-20 | Grassadonia Brian | Tax withheld | 9.6K | $70.89 |
| 2026-05-19 | Jennings Owen Britton | Sell | 44 | $71.00 |
| 2026-05-15 | Jennings Owen Britton | Grant | 438 | $48.46 |
| 2026-05-15 | Esperanza Chrysty | Grant | 439 | $48.46 |
| 2026-05-15 | Grassadonia Brian | Grant | 438 | $48.46 |
| 2026-04-21 | Esperanza Chrysty | Sell | 3.0K | $75.00 |
| 2026-04-21 | Ahuja Amrita | Sell | 31K | $75.00 |
| 2026-04-07 | Weber Arnaud | Grant | 286K | — |
| 2026-04-07 | Jennings Owen Britton | Grant | 269K | — |
| 2026-04-07 | Grassadonia Brian | Grant | 118K | — |
| 2026-04-07 | Esperanza Chrysty | Grant | 151K | — |
| 2026-04-07 | Ahuja Amrita | Grant | 269K | — |
| 2026-04-06 | Jennings Owen Britton | Sell | 133 | $60.25 |
| 2026-04-06 | Grassadonia Brian | Sell | 1.8K | $60.25 |
| 2026-04-01 | Grassadonia Brian | Tax withheld | 1.3K | $59.54 |
| 2026-04-01 | Esperanza Chrysty | Tax withheld | 284 | $59.54 |
| 2026-04-01 | Ahuja Amrita | Tax withheld | 1.3K | $59.54 |
| 2026-04-01 | Narula Neha | Grant | 321 | — |
| 2026-04-01 | Meeker Mary G | Grant | 311 | — |
| 2026-04-01 | Carter Shawn Corey | Grant | 207 | — |
| 2026-04-01 | Jennings Owen Britton | Tax withheld | 1.0K | $59.54 |
| 2026-04-01 | Brooks Amy | Grant | 249 | — |
| 2026-04-01 | BOTHA ROELOF | Grant | 332 | — |
| 2026-03-03 | Jennings Owen Britton | Sell | 3.6K | $63.41 |
| 2026-02-24 | Grassadonia Brian | Sell | 10K | $50.00 |
| 2026-02-20 | Weber Arnaud | Tax withheld | 4.5K | $53.22 |
| 2026-02-20 | Jennings Owen Britton | Tax withheld | 7.9K | $53.22 |
| 2026-02-20 | Esperanza Chrysty | Tax withheld | 2.6K | $53.22 |
| 2026-02-20 | Dale Ajmere | Tax withheld | 2.0K | $53.22 |
| 2026-02-20 | Ahuja Amrita | Tax withheld | 7.5K | $53.22 |
| 2026-02-20 | Grassadonia Brian | Tax withheld | 4.2K | $53.22 |
| 2026-01-06 | Grassadonia Brian | Sell | 2.0K | $68.52 |
| 2026-01-02 | Narula Neha | Grant | 297 | — |
| 2026-01-02 | Grassadonia Brian | Sell | 1.0K | $63.98 |
| 2026-01-02 | Jennings Owen Britton | Sell | 822 | $63.98 |
| 2026-01-02 | Esperanza Chrysty | Sell | 331 | $63.98 |
| 2026-01-02 | Dale Ajmere | Sell | 423 | $63.98 |
| 2026-01-02 | Dale Ajmere | Sell | 750 | $65.72 |
| 2026-01-02 | Ahuja Amrita | Sell | 1.1K | $63.98 |
| 2026-01-02 | Meeker Mary G | Grant | 288 | — |
| 2026-01-02 | Carter Shawn Corey | Grant | 192 | — |
| 2026-01-02 | BOTHA ROELOF | Grant | 307 | — |
| 2026-01-02 | Brooks Amy | Grant | 230 | — |
| 2025-11-24 | Grassadonia Brian | Sell | 6.3K | $61.83 |
| 2025-11-24 | Grassadonia Brian | Sell | 1.8K | $62.41 |
| 2025-11-21 | Grassadonia Brian | Sell | 6.5K | $61.40 |
| 2025-11-21 | Weber Arnaud | Sell | 7.1K | $61.40 |
| 2025-11-21 | Jennings Owen Britton | Sell | 10K | $61.40 |
| 2025-11-21 | Esperanza Chrysty | Sell | 3.6K | $61.40 |
| 2025-11-21 | Dale Ajmere | Sell | 2.7K | $61.40 |
| 2025-11-21 | Ahuja Amrita | Sell | 10.0K | $61.40 |
| 2025-11-14 | Jennings Owen Britton | Grant | 1 | $48.46 |
| 2025-11-14 | Grassadonia Brian | Grant | 1 | $48.46 |
| 2025-11-14 | Dale Ajmere | Grant | 1 | $48.46 |
| 2025-10-08 | Grassadonia Brian | Sell | 35K | $80.00 |
| 2025-10-08 | Dale Ajmere | Sell | 750 | $80.00 |
| 2025-10-03 | Grassadonia Brian | Sell | 1.7K | $76.69 |
| 2025-10-03 | Ahuja Amrita | Sell | 1.3K | $76.69 |
| 2025-10-02 | Ahuja Amrita | Sell | 1.4K | $74.77 |
| 2025-10-02 | Dale Ajmere | Sell | 520 | $74.77 |
| 2025-10-02 | Jennings Owen Britton | Sell | 1.1K | $74.77 |
| 2025-10-02 | Grassadonia Brian | Sell | 1.3K | $74.77 |
| 2025-10-02 | Esperanza Chrysty | Sell | 406 | $74.77 |
| 2025-10-01 | Carter Shawn Corey | Grant | 172 | — |
| 2025-10-01 | Dale Ajmere | Sell | 750 | $72.22 |
| 2025-10-01 | Narula Neha | Grant | 268 | — |
| 2025-10-01 | Meeker Mary G | Grant | 259 | — |
| 2025-10-01 | Brooks Amy | Grant | 207 | — |
| 2025-10-01 | BOTHA ROELOF | Grant | 276 | — |
| 2025-09-16 | Ahuja Amrita | Sell | 6.6K | $75.00 |
| 2025-09-02 | Grassadonia Brian | Sell | 9.8K | $76.24 |
| 2025-08-25 | Dale Ajmere | Sell | 750 | $80.00 |
| 2025-08-22 | Jennings Owen Britton | Sell | 6.4K | $73.50 |
| 2025-08-22 | Jennings Owen Britton | Sell | 2.1K | $75.00 |
| 2025-08-22 | Ahuja Amrita | Sell | 6.3K | $75.00 |
| 2025-08-21 | Dale Ajmere | Sell | 2.4K | $73.20 |
| 2025-08-21 | Dale Ajmere | Sell | 750 | $73.72 |
| 2025-08-21 | Prasanna Dhananjay | Sell | 5.7K | $73.72 |
| 2025-08-21 | Jennings Owen Britton | Sell | 10K | $73.20 |
| 2025-08-21 | Esperanza Chrysty | Sell | 3.6K | $73.20 |
| 2025-08-21 | Grassadonia Brian | Sell | 6.5K | $73.20 |
| 2025-08-21 | Ahuja Amrita | Sell | 10.0K | $73.20 |
| 2025-08-15 | Prasanna Dhananjay | Sell | 3.6K | $76.19 |
| 2025-08-08 | Prasanna Dhananjay | Sell | 400 | $81.99 |
| 2025-08-01 | Prasanna Dhananjay | Sell | 3.6K | $74.93 |
| 2025-07-23 | Dale Ajmere | Sell | 500 | $80.00 |
| 2025-07-23 | Prasanna Dhananjay | Sell | 800 | $80.00 |
| 2025-07-21 | Ahuja Amrita | Sell | 16K | $78.60 |
| 2025-07-21 | Jennings Owen Britton | Sell | 4.0K | $78.60 |
| 2025-07-17 | Prasanna Dhananjay | Sell | 800 | $70.00 |
| 2025-07-15 | Prasanna Dhananjay | Sell | 2.8K | $68.06 |
| 2025-07-02 | Esperanza Chrysty | Sell | 406 | $69.26 |
| 2025-07-02 | Jennings Owen Britton | Sell | 1.1K | $69.26 |
| 2025-07-02 | Grassadonia Brian | Sell | 1.3K | $69.26 |
| 2025-07-02 | Dale Ajmere | Sell | 366 | $69.26 |
| 2025-07-02 | Ahuja Amrita | Sell | 1.4K | $69.26 |
| 2025-07-02 | Prasanna Dhananjay | Sell | 800 | $70.00 |
| 2025-07-01 | Meeker Mary G | Grant | 276 | — |
| 2025-07-01 | Carter Shawn Corey | Grant | 184 | — |
| 2025-07-01 | Brooks Amy | Grant | 220 | — |
| 2025-07-01 | BOTHA ROELOF | Grant | 294 | — |
| 2025-07-01 | Prasanna Dhananjay | Sell | 2.8K | $67.74 |
| 2025-07-01 | Narula Neha | Grant | 285 | — |
| 2025-06-30 | Prasanna Dhananjay | Sell | 2.4K | $67.24 |
| 2025-06-17 | Narula Neha | Grant | 4.3K | — |
| 2025-06-17 | Meeker Mary G | Grant | 4.3K | — |
| 2025-06-17 | McKelvey James Morgan Jr. | Grant | 4.3K | — |
| 2025-06-17 | GARUTTI RANDALL J | Grant | 4.3K | — |
| 2025-06-17 | Eisen Anthony Mathew | Grant | 4.3K | — |
| 2025-06-17 | Deighton Paul | Grant | 4.3K | — |
| 2025-06-17 | Carter Shawn Corey | Grant | 4.3K | — |
| 2025-06-17 | Brooks Amy | Grant | 4.3K | — |
| 2025-06-17 | BOTHA ROELOF | Grant | 5.4K | — |
| 2025-06-16 | Prasanna Dhananjay | Sell | 2.8K | $63.51 |
| 2025-06-06 | Jennings Owen Britton | Sell | 2.2K | $65.00 |
| 2025-06-02 | Prasanna Dhananjay | Sell | 2.8K | $60.56 |
| 2025-05-30 | Dorsey Jack | Gift | 2.4K | — |
| 2025-05-30 | Dorsey Jack | Gift | 2.4K | — |
| 2025-05-27 | Prasanna Dhananjay | Sell | 9.6K | $61.63 |
| 2025-05-27 | Prasanna Dhananjay | Sell | 1.8K | $60.21 |
| 2025-05-22 | Jennings Owen Britton | Sell | 3.6K | $55.92 |
| 2025-05-21 | Jennings Owen Britton | Sell | 10K | $56.39 |
| 2025-05-21 | Jennings Owen Britton | Sell | 1.1K | $56.74 |
| 2025-05-21 | Ahuja Amrita | Sell | 10K | $56.39 |
| 2025-05-21 | Grassadonia Brian | Sell | 6.5K | $56.39 |
| 2025-05-21 | Esperanza Chrysty | Sell | 3.0K | $56.39 |
| 2025-05-21 | Dale Ajmere | Sell | 1.9K | $56.39 |
| 2025-05-15 | Esperanza Chrysty | Grant | 296 | $48.46 |
| 2025-05-15 | Jennings Owen Britton | Grant | 296 | $48.46 |
| 2025-05-15 | Prasanna Dhananjay | Grant | 297 | $48.46 |
| 2025-05-15 | Grassadonia Brian | Grant | 296 | $48.46 |
| 2025-05-15 | Dale Ajmere | Grant | 296 | $48.46 |
| 2025-05-12 | Esperanza Chrysty | Conversion | 7.5K | — |
| 2025-05-12 | Esperanza Chrysty | Sell | 7.5K | $55.00 |
| 2025-04-23 | Prasanna Dhananjay | Grant | 137K | — |
| 2025-04-23 | Jennings Owen Britton | Grant | 114K | — |
| 2025-04-23 | Grassadonia Brian | Grant | 51K | — |
| 2025-04-23 | Esperanza Chrysty | Grant | 51K | — |
| 2025-04-23 | Dale Ajmere | Grant | 29K | — |
| 2025-04-23 | Ahuja Amrita | Grant | 102K | — |
| 2025-04-02 | Jennings Owen Britton | Sell | 1.3K | $56.19 |
| 2025-04-02 | Grassadonia Brian | Sell | 1.9K | $56.19 |
| 2025-04-02 | Esperanza Chrysty | Sell | 365 | $56.19 |
| 2025-04-02 | Ahuja Amrita | Sell | 2.0K | $56.19 |
| 2025-04-02 | Dale Ajmere | Sell | 474 | $56.19 |
| 2025-04-01 | Narula Neha | Grant | 241 | — |
| 2025-04-01 | Dale Ajmere | Sell | 500 | $54.48 |
| 2025-04-01 | Meeker Mary G | Grant | 253 | — |
| 2025-04-01 | Carter Shawn Corey | Grant | 184 | — |
| 2025-04-01 | Brooks Amy | Grant | 195 | — |
| 2025-04-01 | BOTHA ROELOF | Grant | 253 | — |
| 2025-02-24 | Jennings Owen Britton | Sell | 5.4K | $68.01 |
| 2025-02-24 | Grassadonia Brian | Sell | 3.3K | $68.01 |
| 2025-02-21 | Ahuja Amrita | Sell | 6.3K | $70.32 |
| 2025-02-21 | Grassadonia Brian | Sell | 4.5K | $70.32 |
| 2025-02-21 | Esperanza Chrysty | Sell | 1.6K | $70.32 |
| 2025-02-21 | Dale Ajmere | Sell | 1.5K | $70.32 |
| 2025-02-21 | Jennings Owen Britton | Sell | 6.8K | $70.32 |
| 2025-02-06 | Eisen Anthony Mathew | Grant | 1.2K | — |
| 2025-01-03 | Grassadonia Brian | Sell | 2.9K | $90.80 |
| 2025-01-02 | Meeker Mary G | Grant | 161 | — |
| 2025-01-02 | Brooks Amy | Grant | 125 | — |
| 2025-01-02 | Carter Shawn Corey | Grant | 117 | — |
| 2025-01-02 | BOTHA ROELOF | Grant | 161 | — |
| 2025-01-02 | Jennings Owen Britton | Sell | 940 | $86.52 |
| 2025-01-02 | Jennings Owen Britton | Sell | 1.9K | $90.80 |
| 2025-01-02 | Grassadonia Brian | Sell | 1.3K | $86.52 |
| 2025-01-02 | Esperanza Chrysty | Sell | 418 | $86.52 |
| 2025-01-02 | Dale Ajmere | Sell | 544 | $86.52 |
| 2025-01-02 | Dale Ajmere | Sell | 1.5K | $86.79 |
| 2025-01-02 | Ahuja Amrita | Sell | 1.5K | $86.52 |
| 2025-01-02 | Narula Neha | Grant | 154 | — |
All non-derivative Form 4 activity (SEC), newest first.
Clinical trials
| Trial | Title | Phase | Status | Primary completion |
|---|---|---|---|---|
| NCT04593147 ↗ | Phase II Growth and Safety Study of an Infant Formula for Healthy Term Infants Infant Development | NA | Completed | 2021-11-09 |
| NCT03331276 ↗ | Growth and Safety Study of an Infant Formula for Healthy Term Infants Infant Development | NA | Completed | 2019-01-07 |
Source: ClinicalTrials.gov (U.S. NIH) · active studies first.
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-06-18 | Shareholder vote | filing ↗ |
| 2026-06-05 | Exec/director change | filing ↗ |
| 2026-05-07 | ResultsExhibits | filing ↗ |
| 2026-05-04 | Exec/director change | filing ↗ |
| 2026-02-26 | Results2.05Exhibits | filing ↗ |
| 2026-01-23 | Exec/director change | filing ↗ |
| 2026-01-14 | Material agreementDebt obligationExhibits | filing ↗ |
| 2025-11-19 | Other | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-06-18 | 2026-06-16 | 0001193125-26-275869 ↗ |
| 8-K | 2026-06-05 | 2026-06-05 | 0001193125-26-259540 ↗ |
| 8-K | 2026-05-07 | 2026-05-07 | 0001193125-26-212032 ↗ |
| 10-Q | 2026-05-07 | 2026-03-31 | 0001628280-26-032200 ↗ |
| 8-K | 2026-05-04 | 2026-04-30 | 0001193125-26-204101 ↗ |
| 10-K | 2026-02-26 | 2025-12-31 | 0001628280-26-012254 ↗ |
| 8-K | 2026-02-26 | 2026-02-26 | 0001193125-26-076557 ↗ |
| 8-K | 2026-01-23 | 2026-01-21 | 0001193125-26-021035 ↗ |
| 8-K | 2026-01-14 | 2026-01-14 | 0001193125-26-012944 ↗ |
| 8-K | 2025-11-19 | 2025-11-19 | 0001193125-25-287114 ↗ |
| 10-Q | 2025-11-06 | 2025-09-30 | 0001628280-25-050234 ↗ |
| 8-K | 2025-11-06 | 2025-11-06 | 0001193125-25-269715 ↗ |