Block (XYZ) Revenue — Quarter Ended Sep 30, 2024
Revenue for the quarter declined from the prior quarter but rose compared with the same period a year earlier. The trailing twelve-month figure shows how recent quarters have accumulated into a higher annual base.
Key takeaway
Quarter ended Sep 30, 2024 · FY2024 Q3
Revenue for the quarter declined from the prior quarter but rose compared with the same period a year earlier. The trailing twelve-month figure shows how recent quarters have accumulated into a higher annual base.
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
-2.9%
Change from the immediately preceding quarter.
Year-over-year
+6.4%
Change from the comparable year-ago quarter.
Trailing four quarters
$23.9B
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 |
|---|---|---|
| Dec 31, 2023 | $5.8B | +24.1% |
| Mar 31, 2024 | $6B | +19.4% |
| Jun 30, 2024 | $6.2B | +11.2% |
| Sep 30, 2024 | $6B | +6.4% |
Revenue performance
Reported revenue decreased from the immediately preceding quarter. This marks the first sequential decline after two consecutive quarters of growth.
Quarterly comparison
Compared with the same quarter one year earlier, revenue was higher. When set against the prior quarter, however, the figure contracted.
What to watch
Monitor whether the sequential decline continues into the next quarter or represents a temporary pause.