XYZ · News · 20260804N
Guidance / Outlook
Block, Inc. · 2026-08-04 · Importance 82 · Surprise 100
Block raised its 2026 profit outlook after second-quarter gross profit growth of 25% and record adjusted operating margins. Reported commentary cited 2026 adjusted EPS guidance of $4.02, representing approximately 70% year-over-year growth. The outlook incorporated stronger momentum in Cash App, Square, and AI-driven products, although market coverage characterized the guidance as weaker than some expectations.
Key facts
- Block heads into the Q2 earnings release with 20% gross profit growth targeted. source