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Inferra AI / Company / XYZ

Block, Inc.

XYZ · Financials

Last earnings Aug 5, 2026

Key results

YoY Growth operating incomequarter

18%

Q3 25 Highlights 3 Gross Profit $ 2.66 B +18% YoY Growth Cash App Gross Profit $ 1.62 B +24% YoY Growth Square Gross Profit $ 1.02 B +9% YoY Growth Operating Income $ 409 M 15% Margin 4 Adjusted Operating Income 5 $ 480 M 18% Margin Net Income 6 $ 462 M Adjusted EBITDA 7 $ 833 M 1 A transacting active is a Cash App account that has at least one financial transaction using any product or service within Cash App during a specified period.

SEC original ↗Block, Inc. — Earnings release (8-K exhibit)EX-99Nov 6, 2025

Operating incomequarter

$409 million

Operating income was $409 million while Adjusted Operating Income was $480 million.

SEC original ↗Block, Inc. — Earnings release (8-K exhibit)EX-99Nov 6, 2025

Adjusted operating incomequarter

$480 million

Operating income was $409 million while Adjusted Operating Income was $480 million.

SEC original ↗Block, Inc. — Earnings release (8-K exhibit)EX-99Nov 6, 2025

Net incomequarter

$462 million

Net income attributable to common stockholders was $462 million and Adjusted EBITDA was $833 million.

SEC original ↗Block, Inc. — Earnings release (8-K exhibit)EX-99Nov 6, 2025

6 Block Financial Metrics Q3 24 Q4 24 Q1 25 Q2 25 Q3 25 Gross Profit ($M) 2,250 2,311 2,290 2,537 2,662 YoY Growth 19% 14% 9% 14% 18% Operating Income ($M) 323 13 329 484 409 Operating Income Margin (%) of gross profit 14% 1% 14% 19% 15% Adjusted Operating Income ($M) 444 402 466 550 480 Adjusted Operating Income Margin (%) of gross profit 20% 17% 20% 22% 18% Diluted Net Income Per Share ( EPS ) ($) 0.45 3.05 0.30 0.87 0.74 Adjusted Diluted EPS ($) 0.53 0.47 0.56 0.62 0.54 Block grew gross profit 18% year over year in the third quarter, with 24% year-over-year growth in Cash App and 9% year-over-year growth in Square.

SEC original ↗Block, Inc. — Earnings release (8-K exhibit)EX-99Nov 6, 2025

On a GAAP basis, we generated $409 million of operating income compared to $323 million in the third quarter of 2024, a 27% improvement year over year.

SEC original ↗Block, Inc. — Earnings release (8-K exhibit)EX-99Nov 6, 2025

Adjusted Operating Income grew 8% year over year.

SEC original ↗Block, Inc. — Earnings release (8-K exhibit)EX-99Nov 6, 2025

EPSquarter

$0.74

On a GAAP basis, we grew diluted EPS to $0.74 and Adjusted Diluted EPS to $0.54, representing a 64% and 2% increase year over year, respectively.

SEC original ↗Block, Inc. — Earnings release (8-K exhibit)EX-99Nov 6, 2025

Adjusted EPSquarter

$0.54

On a GAAP basis, we grew diluted EPS to $0.74 and Adjusted Diluted EPS to $0.54, representing a 64% and 2% increase year over year, respectively.

SEC original ↗Block, Inc. — Earnings release (8-K exhibit)EX-99Nov 6, 2025

AI analysis

Q4 2024 · reported Nov 6, 2025

Based on: Earnings release + parent 8-K + 10-Q — transcript not held

EPS · Q4 2024
$0.74
EX-99 · Nov 6, 2025
Net income · Q4 2024
$462M
EX-99 · Nov 6, 2025
Operating income · Q4 2024
$409M
EX-99 · Nov 6, 2025
Adjusted operating income · Q4 2024
$480M
EX-99 · Nov 6, 2025

Headline figures

MetricQ4 2024Prior qtrYear ago
YoY Growth operating income18%——
Operating income$409 million——
Adjusted operating income$480 million——
Net income$462 million——
EPS$0.74——
Adjusted EPS$0.54——

EX-99 · Nov 6, 2025

Guidance · company-stated

Margin

“12 Guidance 2025 Outlook 26 2025 Gross Profit $10.243B YoY Growth 15% Adjusted Operating Income $2.056B % Margin 20% Rule of X 27 35.3% We are raising our full year guidance to reflect the strength we re seeing across Block.”

Company outlook

“We expect to deliver $10.243 billion in gross profit for the full year, reflecting more than 15% year over year growth, consistent with the initial outlook for 2025 that we provided a year ago.”

Primary outlook statements conflict; no label forced — evidence preserved.

Next earningsNo verified date on fileNo date is estimated or imported

Capital allocation

Examples of transactions include sending or receiving a peer-to-peer payment, transferring money into or out of Cash App, making a purchase using Cash App Card, earning a dividend on a stock investment, and paying back a loan, among others.

In the third quarter of 2025, we repurchased 5.3 million shares of our Class A common stock for an aggregate amount of $403 million.

General educational research only — not investment advice.Every figure is as stated in the held documents; values marked “computed from stated figures” are arithmetic on those stated figures. Guidance shown is the company’s own stated guidance. No price targets, no recommendations, no consensus estimates.

Event summary

Block, Inc. Q4 2024 — Q3 25 Highlights 3 Gross Profit $ 2.66 B +18% YoY Growth Cash App Gross Profit $ 1.62 B +24% YoY Growth Square Gross Profit $ 1.02 B +9% YoY Growth Operating Income $ 409 M 15% Margin 4 Adjusted Opera…

Based on: Earnings release + parent 8-K + 10-Q — transcript not held

Guidance & outlook

Margin: “12 Guidance 2025 Outlook 26 2025 Gross Profit $10.243B YoY Growth 15% Adjusted Operating Income $2.056B % Margin 20% Rule of X 27 35.3% We are raising our full year guidance to reflect the strength we re seeing across Block.”

Company outlook: “We expect to deliver $10.243 billion in gross profit for the full year, reflecting more than 15% year over year growth, consistent with the initial outlook for 2025 that we provided a year ago.”

Company outlook — Raised (“raising”)
“We are raising our fourth quarter and full-year guidance to reflect our strong execution.”

Company outlook — Raised (“raising”)
“Guidance We are raising our guidance to reflect the strength we are seeing across our business.”

Margin — Raised (“raising”)
“12 Guidance 2025 Outlook 26 2025 Gross Profit $10.243B YoY Growth 15% Adjusted Operating Income $2.056B % Margin 20% Rule of X 27 35.3% We are raising our full year guidance to reflect the strength we re seeing across Block.”

Company outlook — Raised (“increase”)
“Our full year guidance increase incorporates our third quarter outperformance and an increase to our prior expectations for the fourth quarter.”

Company outlook — Initiated (“initial”)
“We expect to deliver $10.243 billion in gross profit for the full year, reflecting more than 15% year over year growth, consistent with the initial outlook for 2025 that we provided a year ago.”

Primary outlook statements conflict; no label forced — evidence preserved.

Capital allocation

Examples of transactions include sending or receiving a peer-to-peer payment, transferring money into or out of Cash App, making a purchase using Cash App Card, earning a dividend on a stock investment, and paying back a loan, among others.

SEC original ↗Block, Inc. — Earnings release (8-K exhibit)EX-99Nov 6, 2025

In the third quarter of 2025, we repurchased 5.3 million shares of our Class A common stock for an aggregate amount of $403 million.

SEC original ↗Block, Inc. — Earnings release (8-K exhibit)EX-99Nov 6, 2025

As of September 30, 2025, we had $1.1 billion in remaining authorization for repurchases.

SEC original ↗Block, Inc. — Earnings release (8-K exhibit)EX-99Nov 6, 2025

We ended the quarter with $10.5 billion of total liquidity, with $9.7 billion in cash, cash equivalents, restricted cash, and investments in marketable debt securities, as well as $775 million available to be withdrawn from our revolving credit facility.

SEC original ↗Block, Inc. — Earnings release (8-K exhibit)EX-99Nov 6, 2025

25 During the third quarter of 2025, we issued $2.2 billion in aggregate principal amount of senior unsecured notes, comprising $1.2 billion in aggregate principal amount of senior notes due 2030 and $1.0 billion in aggregate principal amount of senior notes due 2033.

SEC original ↗Block, Inc. — Earnings release (8-K exhibit)EX-99Nov 6, 2025

Financial instruments that potentially subject the Company to concentrations of credit risk consist primarily of cash and cash equivalents, restricted cash, marketable debt securities, settlements receivable, customer funds, consumer receivables, loans held for sale, and loans held for investment.

SEC original ↗Block, Inc. — 10-Q Quarterly report10-QAug 5, 2026

Strategy & priorities

Last quarter, I outlined Cash App s strategy to become the financial platform for the next generation.

SEC original ↗Block, Inc. — Earnings release (8-K exhibit)EX-99Nov 6, 2025

Our strategy is to enable the success of sellers in their neighborhoods.

SEC original ↗Block, Inc. — Earnings release (8-K exhibit)EX-99Nov 6, 2025

Over the past year, we ve focused on winning the quick-serve restaurant (QSR) industry.

SEC original ↗Block, Inc. — Earnings release (8-K exhibit)EX-99Nov 6, 2025

We re doing all of this while ramping our sales team, expanding partnerships, and investing in self-onboarding growth.

SEC original ↗Block, Inc. — Earnings release (8-K exhibit)EX-99Nov 6, 2025

Our focus on expanding the network and increasing network density is working.

SEC original ↗Block, Inc. — Earnings release (8-K exhibit)EX-99Nov 6, 2025

Risks & headwinds

The neighborhood is the future We re giving sellers in neighborhoods everywhere the tools they need to grow and navigate challenges.

SEC original ↗Block, Inc. — Earnings release (8-K exhibit)EX-99Nov 6, 2025

26 We have not provided the forward-looking GAAP equivalents for certain forward-looking non-GAAP metrics, including Adjusted Operating Income (Loss), or GAAP reconciliations of any of the aforementioned, as a result of the uncertainty regarding, and the potential variability of, reconciling items such as contingencies, restructuring, and other charges.

SEC original ↗Block, Inc. — Earnings release (8-K exhibit)EX-99Nov 6, 2025

13 Q4 2025 Outlook 28 Q4 2025 Gross Profit $2.755B YoY Growth 19% Adjusted Operating Income $560M % Margin 20% Rule of X 39.5% 28 We have not provided the forward-looking GAAP equivalents for certain forward-looking non-GAAP metrics, including Adjusted Operating Income (Loss) or GAAP reconciliations of the aforementioned, as a result of the uncertainty regarding, and the potential variability of, reconciling items such as contingencies, restructuring, and other charges.

SEC original ↗Block, Inc. — Earnings release (8-K exhibit)EX-99Nov 6, 2025

Such statements are subject to a number of known and unknown risks, uncertainties, assumptions, and other factors that may cause the Company s actual results, performance, or achievements to differ materially from results expressed or implied in this letter.

SEC original ↗Block, Inc. — Earnings release (8-K exhibit)EX-99Nov 6, 2025

Other costs that are not reflective of our core business operating expenses may include contingencies, restructuring, and other charges; impairment charges; restructuring share-based compensation expense; and certain litigation and regulatory charges.

SEC original ↗Block, Inc. — Earnings release (8-K exhibit)EX-99Nov 6, 2025

Legal Proceedings 55 Item 1A.

SEC original ↗Block, Inc. — 10-Q Quarterly report10-QAug 5, 2026

Documents

Earnings deck slides

0 decks with slide view

Block, Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Competitors

Competitors & peers

Same GICS sector — classification peers, not declared competitors

Arthur J. Gallagher & Co. (AJG) FinancialsSun Life Financial (SLF) FinancialsRaymond James Financial (RJF) FinancialsAflac (AFL) FinancialsING Group (ING) FinancialsNorthern Trust (NTRS) FinancialsCincinnati Financial (CINF) FinancialsCoinbase (COIN) Financials

Filings

66 documents

Earnings releases

15 documents

Presentations

1 document

Transcripts

0 documents

No transcripts for Block, Inc. are held in this edition of the library.

Mentioned by

13 companies

Other tracked companies whose held documents mention Block, Inc. by name or ticker. A mention is counted once per document, from the document text the library holds.

See also the earnings calendar for every tracked company’s next earnings date.