Stock Track | Block, Inc. Soars 8.73% After-Hours on Q1 Earnings Beat and Raised Full-Year Outlook

Stock Track

05/08

Block, Inc.'s stock surged 8.73% in after-hours trading, following the release of its first-quarter financial results.

The fintech company reported adjusted earnings per share of $0.85 for Q1 2026, significantly exceeding the analyst consensus estimate of $0.68. Adjusted EBITDA came in at $1.0 billion, beating expectations of $947.1 million. The strong performance was attributed to resilient consumer spending and a 27% surge in gross profit, driven by double-digit growth in its Cash App and Square businesses.

Furthermore, Block raised its full-year outlook, now expecting adjusted diluted EPS of $3.85 and gross profit of $12.33 billion for 2026. The company highlighted that AI integration has improved operational efficiency and customer engagement, contributing to the positive results.

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Soars 8.73% After-Hours on Q1 Earnings Beat and Raised Full-Year Outlook\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086803395\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock Track </p>\n<p class=\"h-time\">2026-05-08 04:37</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Block, Inc.'s stock surged 8.73% in after-hours trading, following the release of its first-quarter financial results.</p><p>The fintech company reported adjusted earnings per share of $0.85 for Q1 2026, significantly exceeding the analyst consensus estimate of $0.68. Adjusted EBITDA came in at $1.0 billion, beating expectations of $947.1 million. 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