XYZ · News · 20260805N
Guidance / Outlook
Block, Inc. · 2026-08-05 · 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's stock fell amid Q2 earnings and revenue that topped consensus estimates while profit guidance met expectations. source
- Block has posted its results for the second quarter of 2026 on the Financials section of its Investor Relations website and 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. source