Block, Inc. reported third quarter of 2026 gross profit of $3.2 billion, up 22%, while net revenue increased $604.4 million, or 10%. Net income attributable to common stockholders was $565.6 million.
XYZ · Block, Inc.
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Block reported third-quarter 2026 gross profit of $3.24 billion, up 22%, and raised 2026 guidance to $12.626 billion in gross profit, $3.519 billion in Adjusted Operating Income and $4.15 in Adjusted Diluted EPS.
Block, Inc.’s Board approved an amended and restated set of bylaws on October 28, 2026, making clarifying changes to the exclusive forum provisions and immediately replacing the prior bylaws.
Metrics snapshot
Useful current figures from the complete screener profile.
Quarterly results
* Q4 derived as the full year minus Q1 to Q3.
AI Brief
Q2 FY26 earnings call · Aug 5, 2026TL;DR. Block reported Q2 gross profit growth of 25% YoY to a record $3.17B with an all-time-high 27% adjusted operating income margin, and is raising full-year 2026 guidance across gross profit, adjusted operating income, and adjusted diluted EPS.
- + Raised full-year 2026 guidance to $12.51B gross profit (+21% YoY), $3.47B adjusted operating income (28% margin), and 70% adjusted diluted EPS growth.
- − Bitcoin Ecosystem gross profit declined 31% YoY in Q2, driven by a deliberate reduction in transaction fees and bitcoin trading dynamics.
- − Cash App monthly transacting actives grew only 3% YoY in June, and management continues to expect only low single-digit actives growth in 2026.
- − General and administrative expenses rose 84% YoY on a GAAP basis, primarily driven by increased accrued legal contingencies.
- − Transaction, loan, and consumer receivable losses increased 99% YoY on a GAAP basis, driven by growth in loan volumes.
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Equibles Rating
blended score · not investment adviceBlended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Still-open targets the latest release did not restate under the same label.
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders Strong BuyIllustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| % of Total Square GPV | 22% | Q2 | — |
| Adjusted EBITDA non-GAAP | 2.18B | Six Months Ended Jun. 30, 2026 | — |
| Adjusted Net Income non-GAAP | $620M | Q2 | — |
| Adjusted Net Income - basic non-GAAP | 619.55M | three months ended Jun. 30, 2026 | — |
| Adjusted Net Income - diluted non-GAAP | 619.83M | three months ended Jun. 30, 2026 | — |
GAAP → non-GAAP reconciliationGAAP Adjusted Net Income - basic $619.55M
+$275K Cash interest expense on convertible notes
= Adjusted Net Income - diluted $619.83M
|
|||
| Adjusted Net Income Per Share - Basic non-GAAP | $1.89 | Six Months Ended Jun. 30, 2026 | — |
| Adjusted Net Income Per Share - Diluted non-GAAP | $1.87 | Six Months Ended Jun. 30, 2026 | — |
| Adjusted Operating Income non-GAAP | 1.59B | Six Months Ended Jun. 30, 2026 | — |
| Adjusted Operating Income Margin (% of gross profit) non-GAAP | 27% | Q2'26 | — |
| Cash App GPV | 3.79B | Six Months Ended Jun. 30, 2026 | — |
| Cash App Primary Banking Actives | 9.4M | Q2'26 | — |
| Commerce Enablement (excluding Hardware) Monetization Rate | 1.23% | Q2'26 | — |
| Commerce Enablement Monetization Rate | 1.65% | Q2'26 | — |
| Commerce Enablement Volume | 56.5B | Q2'26 | — |
| Consumer Lending Origination Volume | 18.9B | Q2'26 | — |
| Financial Solutions Monetization Rate | 0.41% | Q2'26 | — |
| Free Cash Flow non-GAAP | $967M | Q2 | — |
| Gross Payment Volume (GPV) | 137.84B | Six Months Ended Jun. 30, 2026 | — |
| Inflows Per Transacting Active | $1,469 | Q2'26 | — |
| Moneybot weekly engaged accounts | 1M | Q2'26 | — |
| Non-GAAP Cash Flow non-GAAP | $1.01B | Q2 | — |
| Non-GAAP effective tax rate non-GAAP | 24% | Three Months Ended June 30, 2026 filing | — |
| Non-GAAP Operating Expenses non-GAAP | $2.32B | Q2 | — |
| Primary Banking Actives (PBAs) year over year growth | 17% | Q2'26 | — |
| Square GPV | 134.06B | Six Months Ended Jun. 30, 2026 | — |
| Square International GPV CC YoY Growth | 25% | Q2'26 | — |
| Square International GPV YoY Growth | 28% | Q2'26 | — |
| Square U.S. GPV growth | 10% | the second quarter | — |
| Square U.S. GPV YoY Growth | 9.8% | Q2'26 | — |
| Total Cash App Inflows | 87B | Q2'26 | — |
| Total Square GPV | 72.85B | Q2'26 | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Software - Infrastructure — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
XYZ
this stock
Block, Inc.
|
$51.13B | +29.9% | +0.3% | 114.3 | 2.4% |
|
MSFT
Microsoft Corp
|
$3.89T | +8.3% | +6.9% | 27.4 | 0.8% |
|
PLTR
Palantir Technologies Inc.
|
$404.77B | -5.5% | +56.2% | 117.5 | 2.3% |
|
ORCL
Oracle Corp
|
$379.03B | -35.7% | +17.3% | 19.7 | 1.5% |
|
PANW
Palo Alto Networks Inc
|
$263.59B | +74.9% | +29.0% | — | 2.5% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every section- Filed
- Nov 3, 2026
- This year
- 21
Block, Inc. reported third quarter of 2026 gross profit of $3.2 billion, up 22%, while net revenue increased $604.4 million, or 10%. Net income attributable to common stockholders was $565.6 million.
ViewPerformance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| XYZ | -1.1% | +8.6% | +22.3% | +11.0% | +29.9% |
| SPY | +2.6% | -1.2% | +0.5% | -0.2% | +10.6% |
| vs SPY | -3.6% | +9.8% | +21.8% | +11.2% | +19.3% |
Capital returns
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.