Block (XYZ) Revenue — Quarter Ended Dec 31, 2024
Revenue for the quarter increased slightly compared to the immediately preceding quarter, and was higher than the same quarter one year earlier. The sequential gain was modest, while the year-over-year improvement was more pronounced.
Key takeaway
Quarter ended Dec 31, 2024 · FY2024 Q4
Revenue for the quarter increased slightly compared to the immediately preceding quarter, and was higher than the same quarter one year earlier. The sequential gain was modest, while the year-over-year improvement was more pronounced.
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
+0.9%
Change from the immediately preceding quarter.
Year-over-year
+4.5%
Change from the comparable year-ago quarter.
Trailing four quarters
$24.1B
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, 2024 | $6B | +19.4% |
| Jun 30, 2024 | $6.2B | +11.2% |
| Sep 30, 2024 | $6B | +6.4% |
| Dec 31, 2024 | $6B | +4.5% |
Revenue performance
The reported revenue showed a small sequential rise, reflecting a stable near-term pace. Compared with the same quarter last year, revenue registered a solid increase.
Quarterly comparison
Current quarter revenue was slightly above the prior quarter's level, and marked a notable improvement over the same period one year ago. The trailing twelve-month revenue was substantially higher than the current quarter's annualized figure.
What to watch
The decelerating year-over-year growth rate over the past four quarters may warrant attention for future trends.