Block (XYZ) Revenue — Quarter Ended Dec 31, 2023
Revenue for the quarter increased compared to the preceding quarter. It also grew compared to the same quarter one year earlier.
Key takeaway
Quarter ended Dec 31, 2023 · FY2023 Q4
Revenue for the quarter increased compared to the preceding quarter. It also grew compared to the same quarter one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$5.8B
Revenue reported for this quarter.
Quarter-over-quarter
+2.8%
Change from the immediately preceding quarter.
Year-over-year
+24.1%
Change from the comparable year-ago quarter.
Trailing four quarters
$21.9B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Mar 31, 2023 | $5B | +26.0% |
| Jun 30, 2023 | $5.5B | +25.7% |
| Sep 30, 2023 | $5.6B | +24.4% |
| Dec 31, 2023 | $5.8B | +24.1% |
Revenue performance
The reported revenue rose from the level of the immediately preceding quarter, extending the upward trend seen throughout the fiscal year.
Quarterly comparison
Compared to the same quarter one year earlier, revenue was substantially higher. The quarter-over-quarter increase was more moderate than the year-over-year gain.
What to watch
The filing context does not provide specific causal commentary; analysts may monitor whether the pace of year-over-year growth continues at the level seen in recent quarters.