Block (XYZ) r&d spend was $2.9B in FY2025 (-0% YoY). The tables below show the complete quarterly and annual r&d spend history, sourced from SEC EDGAR 10-K and 10-Q filings.
Annual R&D Spend
Fiscal Year
R&D Spend
YoY
2025
$2.9B
-0%
2024
$2.9B
+7%
2023
$2.7B
+27%
2022
$2.1B
+54%
2021
$1.4B
+57%
2020
$882M
+31%
2019
$674M
+36%
2018
$497M
+55%
2017
$322M
+20%
2016
$269M
+35%
2015
$200M
+38%
2014
$145M
Recent Quarterly R&D Spend
Quarter
R&D Spend
Q1 2026
$1.0B
Q4 2025
$711M
Q3 2025
$711M
Q2 2025
$725M
Q1 2025
$761M
Q4 2024
$770M
Q3 2024
$711M
Q2 2024
$713M
Q1 2024
$721M
Q4 2023
$685M
Q3 2023
$714M
Q2 2023
$695M
Source: XYZ on EDGAR. Data from SEC EDGAR 10-K and 10-Q filings. Updated quarterly.