8-KItem 2.02 · Results of OperationsItem 9.01 · Financial Statements
Block reports 25% gross profit growth and raises 2026 guidance
Filed with the SEC on · Summarized by InvestorsBot
Block reported second-quarter 2026 gross profit of $3.17 billion, up 25% year over year, with GAAP diluted EPS of $0.15 and adjusted diluted EPS of $1.02; Cash App gross profit rose 31% to $1.97 billion and Square gross profit increased 13% to $1.16 billion. The company raised its 2026 guidance to $12.51 billion in gross profit, $3.47 billion in adjusted operating income, and $4.02 in adjusted diluted EPS, while reporting $447 million of operating income and $89 million of net income attributable to common stockholders for the quarter ended June 30, 2026.