XYZ · 8-K · 20260805PR335117

Operating Cash Flow Trends

Block, Inc. · 2026-08-05 · Importance 69 · Surprise 64 · No source text

Net cash provided by operating activities increased to $1.985 billion for the first six months of 2026 from $508 million in the prior-year period. The improvement included $1.086 billion of transaction, loan, and consumer receivable losses and $617 million from changes in other assets and liabilities. Purchases and originations of loans held for investment increased to $21.877 billion from $1.164 billion, while repayments increased to $20.774 billion from $457 million. Purchases of property and equipment increased to $84 million from $63 million, and cash, restricted cash, and customer funds ended at $12.851 billion versus $12.143 billion a year earlier.

Key facts

• Net cash provided by operating activities for the six months ended Jun. 30, 2026: $1,985,416 (in thousands). source
• Purchases and originations of consumer receivables for the six months ended Jun. 30, 2026: $(16,363,722) (in thousands). source
• Proceeds from principal repayments and sales of consumer receivables for the six months ended Jun. 30, 2026: $17,049,383 (in thousands). source
• Purchases and originations of loans originally classified as held for investment for the six months ended Jun. 30, 2026: $(21,877,108) (in thousands). source
• Proceeds from repayments of loans originally classified as held for investment for the six months ended Jun. 30, 2026: $20,773,837 (in thousands). source
• Non-GAAP cash flow (trailing): Net cash provided by operating activities in Q2 2026: $1,020 million and Free Cash Flow: $967 million; Trailing twelve months net cash provided by operating activities: $4,057 million and Free Cash Flow: $3,882 million. source
• Net cash provided by (used in) investing activities for the six months ended Jun. 30, 2026: $(6,324) (in thousands). source

Impact estimates