Jun 2026 (Q2 FY26) — Aug 5, 2026
Block Q2 FY26 — Record Profitability and Raised Full-Year Guidance
Read the full callBlock (XYZ) earnings
- Jun 2026
- Jun 2026 (Q2 FY26)
- Dec 2025
Block earnings: last reported Wed, 5 Aug 2026, for the quarter ended Jun 2026.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 6,618 | +9.3% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | 6.8 | −1.3 pts YoY | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. |
| Net profit | 88.5 | −83.6% YoY | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. |
Guidance
What management said, and what became of it
37 of 39 judged targets kept · 30 open · verdicts reflect calls analysed to Jun 2026.
| Target | Original wording | Said | Latest call | Verdict |
|---|---|---|---|---|
| Managerbot availability to all Square sellers | reach all Square sellers in June | Mar 2026 | Managerbot and Moneybot are GA, Afterpay on Cash App Card is GA, stablecoins on Cash App are GA. | Achieved |
| Primary banking actives | continued year-over-year growth with a slight seasonal sequential decline in Q2 versus Q1 | Mar 2026 | Ghosted | |
| Full-year adjusted diluted EPS | $3.66 | Dec 2025 | adjusted diluted EPS growth of 70% year-over-year | Revised Up |
2 of Block, Inc.'s 69 targets were missed. See which ones, and which are quietly gone. The 3 above are the free sample; 66 more targets are in the full ledger.
Claimed
- Gross profit grew 25% year-over-year.
- Achieved an all-time high 27% adjusted operating income margin.
- Adjusted diluted EPS grew 65% year-over-year.
- Square U.S. GPV growth accelerated to its strongest rate since Q2 2023.
- Cash App gross profit grew 31% year-over-year.
- Annualized seller GPV on Neighborhoods crossed $1 billion in June, up 220% year-over-year.
Qualified
- Bitcoin pricing decisions were a headwind for Cash App this year.
- Hardware costs are expected to go up over time, though Block feels it can manage this.
- Cash App Borrow growth is normalizing in the second half of the year.
Price
$77.5 −0.50% · −$0.39
Performance +3.1% 1Y
1Y: $75.2 on 17 Oct 2025 → $77.5. High $84.85 (27 Aug 2026), low $49.09 (12 Feb 2026).
- Previous close
- $77.89
- 52-week range
- $49.09 – $84.85
- One year
- +1.31%
Overview
- Symbol
- XYZ
- Sector
- Information Technology
- Exchange
- US
- Currency
- USD
Guidance
What management said, and what became of it
37 of 39 judged targets kept · 30 open · verdicts reflect calls analysed to Jun 2026.
| Target | Original wording | Said | Latest call | Verdict |
|---|---|---|---|---|
| Managerbot availability to all Square sellers | reach all Square sellers in June | Mar 2026 | Managerbot and Moneybot are GA, Afterpay on Cash App Card is GA, stablecoins on Cash App are GA. | Achieved |
| Primary banking actives | continued year-over-year growth with a slight seasonal sequential decline in Q2 versus Q1 | Mar 2026 | Ghosted | |
| Full-year adjusted diluted EPS | $3.66 | Dec 2025 | adjusted diluted EPS growth of 70% year-over-year | Revised Up |
Claimed
- Gross profit grew 25% year-over-year.
- Achieved an all-time high 27% adjusted operating income margin.
- Adjusted diluted EPS grew 65% year-over-year.
- Square U.S. GPV growth accelerated to its strongest rate since Q2 2023.
- Cash App gross profit grew 31% year-over-year.
- Annualized seller GPV on Neighborhoods crossed $1 billion in June, up 220% year-over-year.
Qualified
- Bitcoin pricing decisions were a headwind for Cash App this year.
- Hardware costs are expected to go up over time, though Block feels it can manage this.
- Cash App Borrow growth is normalizing in the second half of the year.
The full ledger
Open Block, Inc.’s full ledger
A free account opens 5 company ledgers a month. All 69 tracked commitments, with each call’s wording and source.
Call summaries
Mar 2026 (Q1 FY26) — May 7, 2026
Block, Inc. Q1 FY26 — Broad-based acceleration: gross profit +27%, record adjusted margins, full-year outlook raised
Read the full callDec 2025 (Q4 FY25) — Feb 26, 2026
Block, Inc. Q4 FY25 — Exceeds Guidance, Raises 2026 Outlook Amidst Strategic Workforce Reduction
Read the full callEvery analysed call
Block earnings calls (XYZ)
Financials
What the filings say
Net profit, year on year: −84% (quarter to jun 2026 against jun 2025).
| Line item | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 5,976 | 6,033 | 5,772 | 6,054 | 6,115 | 6,252 | 6,057 | 6,618 |
| Expenses | 1,927 | 2,298 | 1,960 | 2,052 | 2,252 | 2,387 | 3,081 | 2,719 |
| Operating profit | 323 | 13 | 329 | 484 | 409 | 485 | -172 | 447 |
| Operating margin | 5.4% | 0.2% | 5.7% | 8.0% | 6.7% | 7.8% | −2.8% | 6.8% |
| Profit before tax | 324 | 278 | 227 | 659 | 602 | 202 | -393 | 301 |
| Tax rate | 13.3% | −468.0% | 16.9% | 18.4% | 23.3% | 42.8% | 21.4% | 71.1% |
| Net profit | 284 | 1,946 | 190 | 538 | 462 | 116 | -309 | 89 |
| EPS ($ per share) | 0.46 | — | 0.31 | 0.88 | 0.76 | — | -0.52 | 0.15 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Reserves | -886 | -510 | -297 | -28 | -569 | -528 | 2,369 | 3,674 |
| Total liabilities | 2,161 | 2,836 | 7,188 | 11,713 | 14,113 | 14,338 | 15,543 | 17,380 |
| Fixed assets | 142 | 149 | 234 | 282 | 329 | 296 | 314 | 323 |
| Total assets | 3,281 | 4,551 | 9,870 | 15,026 | 31,364 | 33,031 | 36,778 | 39,550 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | 295 | 328 | 173 | 848 | 176 | 101 | 1,707 | 2,580 |
| Cash from investing | -906 | 95 | -607 | -1,311 | 1,226 | 683 | 650 | -2,802 |
| Cash from financing | 516 | 243 | 3,677 | 2,652 | 98 | -240 | 1,953 | -613 |
| Net cash flow | -102 | 670 | 3,256 | 2,182 | 1,461 | 573 | 4,221 | -749 |
| Capital expenditure | -61 | -62 | -138 | -134 | -171 | -151 | -154 | -155 |
| Free cash flow | 234 | 265 | 35 | 714 | 5 | -50 | 1,553 | 2,425 |
XYZ revenue by segment
| Segment | Q3 FY2024 | Q4 FY2024 | Q1 FY2025 | Q2 FY2025 | Q3 FY2025 | Q4 FY2025 | Q1 FY2026 | Q2 FY2026 | YoY growth latest quarter |
|---|---|---|---|---|---|---|---|---|---|
| Cash App | — | — | — | — | — | 62% | 64% | 61% | — |
| Square | — | — | — | — | — | 35% | 35% | 38% | — |
Share of consolidated revenue by quarter. Q4 is the fiscal year less its first three quarters.
See how segments are shifting across companies → Segment Shift
XYZ operating KPIs by quarter
| KPI | Dec 2024 Q4 FY24 | Mar 2025 Q1 FY25 | Jun 2025 Q2 FY25 | Sep 2025 Q3 FY25 | Dec 2025 Q4 FY25 | Mar 2026 Q1 FY26 | Change vs prior quarter |
|---|---|---|---|---|---|---|---|
| Active accounts Cash App Borrow | 5MWe ended 2024 with 5 million Cash App Borrow monthly actives.Source: earnings call transcript | — | 6MFirst, on the strength of Borrow, we now have 6 million monthly actives on Borrow.Source: earnings call transcript | — | — | — | — |
| Active accounts Cash App Card | 25MCash App Card at 25 million monthly actives in December is an amazing distribution surface for us to launch these sorts of product features into.Source: earnings call transcript | — | — | 26MAnd so -- and we have 26 million Cash App card active on a monthly basis right now.Source: earnings call transcript | — | — | — |
| Active accounts Cash App | 57MBut there's some deliberate decisions that we've made as part of our banker-based strategy in the near term that have resulted in a consistent sort of 57 million monthly actives, which grew 2% year-over-year in December.Source: earnings call transcript | 57MIt's a pretty meaningful unlock for us that deepens the connection between the ecosystems and exposes our Buy Now, Pay Later products to the 57 million monthly actives over time.Source: earnings call transcript | — | 58MCash App's 24% year-over-year gross profit growth in the third quarter accelerated from 16% in the second quarter, our focus on reaccelerating active growth and increasing network density is working as we reached 58 million monthly actives in September.Source: earnings call transcript | 59MCash App monthly actives returned to growth in the second half of 2025, ending the year at $59 million, and we executed on our engagement strategies with primary banking actives growing 22% year-over-year to 9.3 million monthly actives in December.Source: earnings call transcript | 59MAnd while this looks like 59 million for 2 quarters in a row, that's just an artifact of rounding and how we report.Source: earnings call transcript | 0% |
| Active accounts Cash App Banking | — | — | — | — | 9.3MCash App monthly actives returned to growth in the second half of 2025, ending the year at $59 million, and we executed on our engagement strategies with primary banking actives growing 22% year-over-year to 9.3 million monthly actives in December.Source: earnings call transcript | 9.7MWe continue to deepen engagement across our actives base with inflows per transacting active up 10% year-over-year and primary banking actives growth of 18% year-over-year to $9.7 million.Source: earnings call transcript | +4.3% |
| Active accounts Cash App Sponsored Teen | — | — | 5MIn June, we had 5 million sponsored teen actives and 1.7 million actives that had graduated from a sponsored account to an individual Cash App account.Source: earnings call transcript | 5MWe've achieved massive scale on the Teams and Family side, we have 5 million monthly active teen accounts that are using Cash App, and we continue to invest to serve them.Source: earnings call transcript | — | — | 0% |
| Active accounts Cash App Pay | — | — | 7MIf you compare post-purchase BNPL to Borrow at similar points in time, the newer product, which gets to learn from Borrow, is outpacing in terms of attach rates and in terms of loss rates and Cash App Pay now at 7 million monthly actives as of June.Source: earnings call transcript | — | 8M+It's continued to scale at a very meaningful pace, up 55% year-on-year and active surpassing 8 million in the fourth quarter.Source: earnings call transcript | — | — |
Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.
Revenue by region
Q2 FY2026 · share of revenue
- Non Us 9% ↑ 1 pt
As XYZ cuts its regions in its filings; they can nest, so they need not add to 100%.
Insider filings
201 filings between Nov 14, 2025 and Oct 14, 2026.
Open market
decisions to buy or sellPurchases
None
No insider bought shares.
Sales
$88.09M
139 sales by 7 insiders
94% filed under a 10b5-1 plan — scheduled in advance, not decided on the day
Compensation
not trading decisions- 41
- Award — granted as compensation
- 21
- Tax withheld — shares kept back by the company to cover tax
Who traded
open market only| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| Eisen Anthony Mathew | — | $70.94M | Oct 14, 2026 |
| Grassadonia Brian | — | $8.54M | Aug 24, 2026 |
| Ahuja Amrita | — | $6.26M | Aug 24, 2026 |
| Jennings Owen Britton | — | $1.21M | Aug 24, 2026 |
| Esperanza Chrysty | — | $467.7K | Apr 21, 2026 |
| Weber Arnaud | — | $435.6K | Nov 21, 2025 |
| Dale Ajmere | — | $243.6K | Jan 2, 2026 |
Latest filings (50)
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Oct 14, 2026 | Eisen Anthony Mathew Director | Sale 10b5-1 plan | 6,000 | $454.2K |
| Oct 13, 2026 | Eisen Anthony Mathew Director | Sale 10b5-1 plan | 6,000 | $460.8K |
| Oct 12, 2026 | Eisen Anthony Mathew Director | Sale 10b5-1 plan | 6,000 | $461.8K |
| Oct 9, 2026 | Eisen Anthony Mathew Director | Sale 10b5-1 plan | 6,000 | $454.5K |
| Oct 8, 2026 | Eisen Anthony Mathew Director | Sale 10b5-1 plan | 6,000 | $451.0K |
| Oct 7, 2026 | Eisen Anthony Mathew Director | Sale 10b5-1 plan | 6,000 | $452.1K |
| Oct 6, 2026 | Eisen Anthony Mathew Director | Sale 10b5-1 plan | 6,000 | $460.1K |
| Oct 5, 2026 | Eisen Anthony Mathew Director | Sale 10b5-1 plan | 6,000 | $445.4K |
| Oct 2, 2026 | Eisen Anthony Mathew Director | Sale 10b5-1 plan | 6,000 | $453.7K |
| Oct 1, 2026 | BOTHA ROELOF Director | Award | 271 | $0 |
| Oct 1, 2026 | Brooks Amy Director | Award | 203 | $0 |
| Oct 1, 2026 | Meeker Mary G Director | Award | 254 | $0 |
| Oct 1, 2026 | Carter Shawn Corey Director | Award | 169 | $0 |
| Oct 1, 2026 | Narula Neha Director | Award | 263 | $0 |
| Oct 1, 2026 | Eisen Anthony Mathew Director | Sale 10b5-1 plan | 6,000 | $442.0K |
| Sep 30, 2026 | Eisen Anthony Mathew Director | Sale 10b5-1 plan | 6,000 | $446.0K |
| Sep 29, 2026 | Eisen Anthony Mathew Director | Sale 10b5-1 plan | 6,000 | $439.7K |
| Sep 28, 2026 | Eisen Anthony Mathew Director | Sale 10b5-1 plan | 6,000 | $451.2K |
| Sep 25, 2026 | Eisen Anthony Mathew Director | Sale 10b5-1 plan | 6,000 | $461.4K |
| Sep 24, 2026 | Eisen Anthony Mathew Director | Sale 10b5-1 plan | 6,000 | $447.5K |
| Sep 23, 2026 | Eisen Anthony Mathew Director | Sale 10b5-1 plan | 6,000 | $460.0K |
| Sep 22, 2026 | Eisen Anthony Mathew Director | Sale 10b5-1 plan | 6,000 | $477.5K |
| Sep 21, 2026 | Eisen Anthony Mathew Director | Sale 10b5-1 plan | 6,000 | $465.2K |
| Sep 18, 2026 | Eisen Anthony Mathew Director | Sale 10b5-1 plan | 6,000 | $459.3K |
| Sep 17, 2026 | Eisen Anthony Mathew Director | Sale 10b5-1 plan | 6,000 | $467.8K |
| Sep 16, 2026 | Eisen Anthony Mathew Director | Sale 10b5-1 plan | 6,000 | $470.2K |
| Sep 15, 2026 | Eisen Anthony Mathew Director | Sale 10b5-1 plan | 6,000 | $475.9K |
| Sep 14, 2026 | Eisen Anthony Mathew Director | Sale 10b5-1 plan | 6,000 | $473.8K |
| Sep 11, 2026 | Eisen Anthony Mathew Director | Sale 10b5-1 plan | 6,000 | $479.8K |
| Sep 10, 2026 | Eisen Anthony Mathew Director | Sale 10b5-1 plan | 6,000 | $470.3K |
| Sep 9, 2026 | Eisen Anthony Mathew Director | Sale 10b5-1 plan | 6,000 | $475.6K |
| Sep 8, 2026 | Eisen Anthony Mathew Director | Sale 10b5-1 plan | 6,000 | $493.1K |
| Sep 4, 2026 | Eisen Anthony Mathew Director | Sale 10b5-1 plan | 6,000 | $495.1K |
| Sep 3, 2026 | Eisen Anthony Mathew Director | Sale 10b5-1 plan | 6,000 | $501.4K |
| Sep 2, 2026 | Eisen Anthony Mathew Director | Sale 10b5-1 plan | 6,000 | $463.8K |
| Sep 1, 2026 | Eisen Anthony Mathew Director | Sale 10b5-1 plan | 6,000 | $480.2K |
| Aug 31, 2026 | Eisen Anthony Mathew Director | Sale 10b5-1 plan | 6,000 | $495.5K |
| Aug 28, 2026 | Eisen Anthony Mathew Director | Sale 10b5-1 plan | 6,000 | $510.7K |
| Aug 27, 2026 | Eisen Anthony Mathew Director | Sale 10b5-1 plan | 6,000 | $504.0K |
| Aug 26, 2026 | Eisen Anthony Mathew Director | Sale 10b5-1 plan | 6,000 | $492.0K |
| Aug 25, 2026 | Eisen Anthony Mathew Director | Sale 10b5-1 plan | 6,000 | $490.9K |
| Aug 24, 2026 | Eisen Anthony Mathew Director | Sale 10b5-1 plan | 6,000 | $488.9K |
| Aug 24, 2026 | Ahuja Amrita CFO & COO | Sale 10b5-1 plan | 4,875 | $404.2K |
| Aug 24, 2026 | Jennings Owen Britton Business Lead | Sale 10b5-1 plan | 1,317 | $107.3K |
| Aug 24, 2026 | Ahuja Amrita CFO & COO | Sale 10b5-1 plan | 4,636 | $379.7K |
| Aug 24, 2026 | Grassadonia Brian Ecosystem Lead | Sale 10b5-1 plan | 4,343 | $360.0K |
| Aug 24, 2026 | Grassadonia Brian Ecosystem Lead | Sale 10b5-1 plan | 3,830 | $313.6K |
| Aug 21, 2026 | Eisen Anthony Mathew Director | Sale 10b5-1 plan | 6,000 | $480.2K |
| Aug 21, 2026 | Jennings Owen Britton Business Lead | Sale 10b5-1 plan | 584 | $46.7K |
| Aug 21, 2026 | Ahuja Amrita CFO & COO | Sale 10b5-1 plan | 3,101 | $248.2K |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
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