Did the Block Inc CEO Get a Raise?
No — pay fell. Jack Dorsey's total compensation dropped 3% to $24.3M in 2025, from $25.0M in 2024, per Block Inc's SEC DEF 14A filings.
This page answers a common executive-compensation question: Did the Block Inc CEO Get a Raise?. The answer draws on SEC DEF 14A proxy statements, the public disclosure mechanism for U.S. public-company executive pay. Every public company must file an annual proxy statement disclosing CEO and named-executive-officer compensation in detail. Why this matters for shareholders: executive compensation is the single most-disclosed governance metric at U.S. public companies, and the Dodd-Frank-mandated say-on-pay vote gives shareholders an explicit channel to express approval or dissent. Reading pay data well — including pay-versus-performance, peer-group selection, and time-vesting structures — is a basic part of stock-by-stock fundamental analysis.
The detailed answer below uses the actual proxy-statement filings, explains how to read them, and translates the executive-compensation accounting into the shareholder-relevant interpretation.
Jack Dorsey Pay: 2024 → 2025
- 2025 total comp
- $24,309,600
- 2024 total comp
- $25,000,000
- Change ($)
- −$690,400
- Change (%)
- -3%
Source: Block Inc SEC DEF 14A proxy statements, 2024 and 2025 Summary Compensation Tables.
In its latest proxy statement, Block Inc reported Jack Dorsey's 2025 total compensation at $24,309,600 — down $690,400 (3%) from $25,000,000 in 2024. The biggest single driver was stock awards, which fell $345,200.
Across the disclosed history, Jack Dorsey's total pay has run: 2022, $21.4M; 2023, $25.0M; 2024, $25.0M; 2025, $24.3M. CEO compensation is lumpy year to year because equity grants — the largest component — are often awarded in multi-year blocks rather than evenly, so a single year's jump or drop can reflect grant timing as much as a change in pay philosophy.
Whether a raise is warranted ties back to performance: Block Inc posted a 10.4% three-year total shareholder return on 5.1% revenue growth, and the package carries a CEOPay Pay-for-Performance grade of C (52/100).
Compensation Detail
| Component | Amount |
|---|---|
| Total Compensation | $24,309,600 |
| Base Salary | $2,430,960 |
| Stock Awards | $12,154,800 |
| Option Awards | $2,917,152 |
| Non-Equity Incentive | $3,646,440 |
| CEO-to-Worker Pay Ratio | 304:1 |
| Pay-Performance Grade | C |
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Frequently Asked Questions
No — pay fell. Jack Dorsey's total compensation dropped 3% to $24.3M in 2025, from $25.0M in 2024, per Block Inc's SEC DEF 14A filings.
Jack Dorsey, CEO of Block Inc, earned $24.3M in total compensation in 2025, including $12.2M in stock awards and $2,430,960 in base salary.
In 2025, total compensation of $24,309,600 was composed of $2,430,960 base salary, $0 cash bonus, $12,154,800 stock awards, $2,917,152 option awards, and $3,646,440 in non-equity incentive compensation.
Our Pay-for-Performance Score rates Block Inc as C (52/100), based on three-year total shareholder return of 10.4%, revenue growth of 5.1%, and shareholder say-on-pay vote approval.
Jack Dorsey is the chief executive officer of Block Inc (SQ).
More about Block Inc
No — pay fell. Jack Dorsey's total compensation dropped 3% to $24.3M in 2025, from $25.0M in 2024, per Block Inc's SEC DEF 14A filings.
Source: SEC EDGAR DEF 14A proxy statements, 2026.