Block reported Q4 2025 gross profit of USD 2.87 billion, up 24.0% YoY, with Cash App gross profit of USD 1.83 billion (up 33.0%) and Square gross profit of USD 993 million (up 7.0%). Q4 operating income was USD 485 million, while adjusted operating income was USD 588 million (20% margin). Q4 net income attributable to common stockholders was USD 116 million and diluted EPS was USD 0.19; adjusted diluted EPS was USD 0.65 (up 38.0%). Block said Q4 diluted EPS included a USD 234 million bitcoin remeasurement loss that reduced EPS by USD 0.38. For FY 2025, Block posted gross profit of USD 10.36 billion (up 17.0%), operating income of USD 1.71 billion (16% margin), adjusted operating income of USD 2.08 billion (20% margin), diluted EPS of USD 2.10, and adjusted diluted EPS of USD 2.37. In operating metrics, Q4 Square GPV rose 10.0% YoY to USD 65.0 billion, while Cash App monthly transacting actives increased to 59 million (up 3.0%) and Cash App primary banking actives grew to 9.3 million in December (up 22.0%). Cash App commerce enablement volume rose 17.0% to USD 54.7 billion, and consumer lending origination volume increased 69.0% to USD 18.5 billion. Block announced a workforce reduction of nearly half, from over 10,000 employees to just under 6,000, citing a shift to operating with smaller teams using AI tools. Product and business updates included Square Releases launches such as AI Voice Ordering, vendor cost comparison tools, and enabling sellers to accept sales in bitcoin, plus Cash App Releases featuring Cash App Green, Moneybot, and more than 150 upgrades over the past year. Block also reported shipping its first Proto bitcoin mining units and said it increased share repurchases, including Q4 repurchases of 11.9 million Class A shares for USD 790 million, with USD 5.3 billion authorization remaining as of Dec. 31, 2025. For 2026, Block raised guidance to USD 12.20 billion of gross profit (up 18.0%) and USD 3.20 billion of adjusted operating income (26% margin), and guided to adjusted diluted EPS of USD 3.66 (up 54.0%). For Q1 2026, it forecast gross profit of USD 2.80 billion (up 22.0%), adjusted operating income of USD 600 million (21% margin), and adjusted diluted EPS of USD 0.67 (up 20.0%).

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Block Inc. published the original content used to generate this news brief on February 26, 2026, and is solely responsible for the information contained therein.