XYZ · 8-K · 20260805PR335117
Segment Revenue Performance
Block, Inc. · 2026-08-05 · Importance 69 · Surprise 64 · No source text
Cash App gross profit increased 31% year over year to $1.973 billion in Q2 2026, supported by Commerce Enablement and Financial Solutions. Cash App Commerce Enablement volume grew 17% to $56.5 billion, while its monetization rate increased 12 basis points year over year to 1.65%. Cash App consumer lending origination volume rose 59% to $18.9 billion, driven primarily by Cash App Borrow. Square gross profit increased 13% to $1.160 billion, while Square GPV rose 13% to $72.8 billion, including 28% international GPV growth and 9.8% U.S. GPV growth.
Key facts
- Cash App gross profit: $1.97 billion in Q2 2026, up 31% year over year. source
- Financial Solutions gross profit in Q2 2026: $1,289 million, up 43% year over year. source
- Square gross profit: $1.16 billion in Q2 2026, up 13% year over year. source
- Commerce Enablement gross profit in Q2 2026: $1,805 million, up 18% year over year. source
- Commerce enablement revenue for the three months ended Jun. 30, 2026: $3,341,571 (in thousands). source
- Bitcoin ecosystem revenue for the three months ended Jun. 30, 2026: $1,893,748 (in thousands). source
- Bitcoin Ecosystem gross profit in Q2 2026: $72 million, declined 31% year over year. source
- Financial solutions revenue for the three months ended Jun. 30, 2026: $1,382,368 (in thousands). source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | realized | +50.5% | Commerce enablement revenue for the three months ended Jun. 30, 2026: $3,341,571 (in thousands). |
| revenue | positive | realized | +28.6% | Bitcoin ecosystem revenue for the three months ended Jun. 30, 2026: $1,893,748 (in thousands). |
| operating_income | positive | realized | — | Commerce Enablement gross profit in Q2 2026: $1,805 million, up 18% year over year. |