Block Gross Margin 2013-2024 | SQ
- Block average gross margin for 2023 was 34.43%, a 8.82% increase from 2022.
- Block average gross margin for 2022 was 31.64%, a 31.29% increase from 2021.
- Block average gross margin for 2021 was 24.1%, a 29.76% increase from 2020.
Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.