Quick Answer
Block, Inc. reported R&D Expense of $2.91 billion for fiscal year 2025.
Block, Inc. R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2025 | $2.91B | -0.2% |
| 2024 | $2.91B | +7.1% |
| 2023 | $2.72B | +27.4% |
| 2022 | $2.14B | +54.3% |
| 2021 | $1.38B | +56.9% |
| 2020 | $881.83M | +30.8% |
| 2019 | $674.16M | +35.5% |
| 2018 | $497.48M | +54.6% |
| 2017 | $321.89M | +19.9% |
| 2016 | $268.54M | +34.5% |
| 2015 | $199.64M | +38.0% |
| 2014 | $144.64M | — |
Quarterly R&D Expense
| Quarter Ending | R&D Expense | YoY | QoQ |
|---|---|---|---|
| September 30, 2025 | $711.24M | +0.0% | -1.9% |
| June 30, 2025 | $725.29M | +1.7% | -4.7% |
| March 31, 2025 | $760.70M | +5.6% | +7.0% |
| September 30, 2024 | $710.98M | -0.4% | -0.3% |
| June 30, 2024 | $713.16M | +2.7% | -1.0% |
| March 31, 2024 | $720.57M | +14.9% | +1.0% |
| September 30, 2023 | $713.79M | +30.2% | +2.8% |
| June 30, 2023 | $694.67M | +32.4% | +10.8% |
- Block, Inc. showed a decrease of -0.2% in R&D Expense compared to the prior fiscal year.
- Over the 2014–2025 period, Block, Inc.’s r&d expense has grown by 1910.5% (from $144.64 million to $2.91 billion).
- The most recent figure is from Block, Inc.’s fiscal year 2025 report (Form 10-K), filed with the SEC on February 26, 2026.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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