XYZ · 8-K · 20260805PR335117

Headcount / Restructuring

Block, Inc. · 2026-08-05 · Importance 77 · Surprise 82

Second-quarter contingencies, restructuring and other charges increased to $365 million from $16 million a year earlier. Six-month contingencies, restructuring and other charges totaled $783 million versus $51 million in the prior-year period. Restructuring share-based compensation expense was $4 million in the second quarter and $93 million for the first six months, compared with $95 thousand and $8 million, respectively, in the prior-year periods. The release does not quantify employee headcount reductions or facility exits in this section.