OpenNashEarnings

Financial Technology · NYSE: XYZ

Block earnings: results, call transcripts & KPI history

2 quarters · fiscal year ends December · next results expected around 25 Feb 2027

Investor relations ↗SEC filings ↗KPIs as CSV

Latest: Q3 2026

Gross profit grew 22% year over year to $3.24 billion, with Adjusted Operating Income up 92% to $923 million and Adjusted Diluted EPS up 109% to a record $1.13.

Block grew gross profit 22% to $3.24 billion in the third quarter, with Cash App up 27% and Square up 14%. Adjusted Operating Income rose 92% to $923 million, a record 29% margin. Adjusted Diluted EPS reached a record $1.13, while GAAP diluted EPS was $0.92. Cash App reached 60 million monthly transacting actives, and Square payment volume growth hit 14%, its fastest since early 2023.

Read the Q3 2026 summary →Q3 2026 slides (PDF) ↗

Quarters

KPI history

Revenue$6.7B+9.9% y/yQ3 2026
Q4 2024: $6.0B (worked out from the annual figure)Q4 ’24$6.0BQ1 2025: $5.8BQ1 ’25$5.8BQ2 2025: $6.1BQ2 ’25$6.1BQ3 2025: $6.1BQ3 ’25$6.1BQ4 2025: $6.3B (worked out from the annual figure)Q4 ’25$6.3BQ1 2026: $6.1BQ1 ’26$6.1BQ2 2026: $6.6BQ2 ’26$6.6BQ3 2026: $6.7BQ3 ’26$6.7B

Fourth quarter worked out from the annual figure.

Data
Q4 2024$6.0B *
Q1 2025$5.8B
Q2 2025$6.1B
Q3 2025$6.1B
Q4 2025$6.3B *
Q1 2026$6.1B
Q2 2026$6.6B
Q3 2026$6.7B
Diluted EPS (GAAP)$0.92+24.3% y/yQ3 2026
Q1 2025: $0.30Q1 ’25$0.30Q2 2025: $0.87Q2 ’25$0.87Q3 2025: $0.74Q3 ’25$0.74Q1 2026: -$0.52Q1 ’26-$0.52Q2 2026: $0.15Q2 ’26$0.15Q3 2026: $0.92Q3 ’26$0.92
Data
Q1 2025$0.30
Q2 2025$0.87
Q3 2025$0.74
Q1 2026-$0.52
Q2 2026$0.15
Q3 2026$0.92

Fourth-quarter EPS appears once the press release is read; filings report it only for the full year.

Operating margin6.4%−0.3 pts y/yQ3 2026
Q4 2024: 0.2%Q4 ’240.2%Q1 2025: 5.7%Q1 ’255.7%Q2 2025: 8.0%Q2 ’258.0%Q3 2025: 6.7%Q3 ’256.7%Q4 2025: 7.8%Q4 ’257.8%Q1 2026: -2.8%Q1 ’26-2.8%Q2 2026: 6.8%Q2 ’266.8%Q3 2026: 6.4%Q3 ’266.4%
Data
Q4 20240.2%
Q1 20255.7%
Q2 20258.0%
Q3 20256.7%
Q4 20257.8%
Q1 2026-2.8%
Q2 20266.8%
Q3 20266.4%
Free cash flow$972.0M−30.6% y/yQ3 2026
Q4 2024: -$13.2MQ4 ’24-$13.2MQ1 2025: $101.5MQ1 ’25$101.5MQ2 2025: $343.0MQ2 ’25$343.0MQ3 2025: $1.4BQ3 ’25$1.4BQ4 2025: $579.8MQ4 ’25$579.8MQ1 2026: $935.0MQ1 ’26$935.0MQ2 2026: $966.6MQ2 ’26$966.6MQ3 2026: $972.0MQ3 ’26$972.0M
Data
Q4 2024-$13.2M
Q1 2025$101.5M
Q2 2025$343.0M
Q3 2025$1.4B
Q4 2025$579.8M
Q1 2026$935.0M
Q2 2026$966.6M
Q3 2026$972.0M

Operating cash flow minus capital expenditure, from cash flow statements.

Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026Q3 2026
Revenue$6.0Bd$5.8B$6.1B$6.1B$6.3Bd$6.1B$6.6B$6.7B
Gross margin38.3%39.7%41.9%43.5%45.9%48.0%47.8%48.1%
Operating income$13.0Md$329.3M$484.3M$409.4M$485.4Md-$172.0M$446.9M$428.5M
Operating margin0.2%5.7%8.0%6.7%7.8%-2.8%6.8%6.4%
Net income$1.9Bd$189.9M$538.5M$461.5M$115.8Md-$308.7M$88.5M$565.6M
Diluted EPS—$0.30$0.87$0.74—-$0.52$0.15$0.92
Operating cash flow$13.8Md$133.3M$374.3Md$1.5Bd$621.0Md$965.6M$1.0Bd$1.0Bd
Capital expenditure$27.0Md$31.9M$31.3Md$50.6Md$41.2Md$30.6M$53.2Md$44.2Md
Free cash flow-$13.2M$101.5M$343.0M$1.4B$579.8M$935.0M$966.6M$972.0M
R&D expense$769.7Md$760.7M$725.3M$711.2M$710.7Md$1.0B$608.7M$635.6M

From XBRL data in 10-Q and 10-K filings. d derived: a fourth quarter is the full year minus the first nine months, and cash flows are year-to-date figures differenced.

10-Q and 10-K filings