XYZ Block, Inc.

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Block Beat Expectations, Raises Guidance

Wednesday, August 5, 2026 · 4:05 PM ET

Block (XYZ) reported earnings of $1.41 per share on revenue of $6.62 billion for the second quarter ended June 2026. The consensus earnings estimate was $0.87 per share on revenue of $6.54 billion. The Earnings Whisper number was $0.98 per share. The company beat expectations by 43.88% while revenue grew 9.30% on a year-over-year basis.

The company said it expects third-quarter non-GAAP earnings of approximately $1.02 per share. The current consensus earnings estimate is $1.01 per share for the quarter ending September 30, 2026. The company also said it expects 2026 non-GAAP earnings of approximately $4.02 per share. The company's previous guidance was earnings of approximately $3.85 per share, and the current consensus earnings estimate is $3.90 per share for the year ending December 31, 2026.

Block, Inc. builds technology to increase access to the global economy.

Earnings Whisper Grade
Power Rating
Reported Earnings
$1.41
Earnings Whisper®
$0.98
Consensus Estimate
$0.87
Earnings Surprise
Earnings Growth29.4 %
Reported Revenue
$6.62B
Revenue Estimate
$6.54B

Consensus estimates for banks and some financial institutions are for net interest income, which may not be comparable to reported revenue.

Revenue Surprise
Revenue Growth9.3 %

Block Announces Second Quarter 2026 Results

DISTRIBUTED-WORK-MODEL/OAKLAND, Calif.--(BUSINESS WIRE)--Block, Inc. (NYSE: XYZ) has posted its results for the second quarter of 2026 on the Financials section of its Investor Relations website at investors.block.xyz. Block will host a conference call and earnings webcast at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time today to discuss these financial results.

To register to participate in the conference call, please visit the Events & Presentations section of Block’s Investor Relations website at investors.block.xyz.

About Block

Block, Inc. (NYSE: XYZ) builds technology to increase access to the global economy. Each of our brands unlocks different aspects of the economy for more people. Square makes commerce and financial services accessible to sellers. Cash App is the easy way to spend, send, and store money. Afterpay is transforming the way customers manage their spending over time. TIDAL is a music platform that empowers artists to thrive as entrepreneurs. Bitkey is a simple self-custody wallet built for bitcoin. Proto is a suite of bitcoin mining products and services. Together, we’re helping build a financial system that is open to everyone. Block.xyz

Media Contact?
press@block.xyz?

Investor Relations Contact?
ir@block.xyz

Source: Block, Inc.