Block (XYZ) Revenue — Quarter Ended Mar 31, 2024
Revenue increased in the reported quarter, rising compared to both the prior quarter and the same quarter a year earlier. The growth extended a multi-quarter trend of sequentially higher revenue.
Key takeaway
Quarter ended Mar 31, 2024 · FY2024 Q1
Revenue increased in the reported quarter, rising compared to both the prior quarter and the same quarter a year earlier. The growth extended a multi-quarter trend of sequentially higher revenue.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$6B
Revenue reported for this quarter.
Quarter-over-quarter
+3.2%
Change from the immediately preceding quarter.
Year-over-year
+19.4%
Change from the comparable year-ago quarter.
Trailing four quarters
$22.9B
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 |
|---|---|---|
| Jun 30, 2023 | $5.5B | +25.7% |
| Sep 30, 2023 | $5.6B | +24.4% |
| Dec 31, 2023 | $5.8B | +24.1% |
| Mar 31, 2024 | $6B | +19.4% |
Revenue performance
The reported revenue moved higher, with the year-over-year rate of growth remaining robust.
Quarterly comparison
Compared to the immediately preceding quarter, revenue improved. When measured against the same quarter one year ago, revenue also showed a substantial increase.
What to watch
The filing contains forward-looking statements and risk factors that may influence future revenue trends.