Block reports Q2 2026 gross profit of $3.17B, up 25% YoY, and raises full-year guidance.
Gross profit was $3.17 billion, up 25% year over year.
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- Cash App gross profit was $1.97 billion, up 31% YoY; Square gross profit was $1.16 billion, up 13% YoY.
- Operating income was $447 million (14% margin); adjusted operating income was $864 million (27% margin).
- Diluted EPS was $0.15; adjusted diluted EPS was $1.02.
- The company raised its full-year guidance, citing record profitability.
2.02 Results of Operations and Financial Condition · 9.01 Financial Statements and Exhibits