XYZ · 8-K · 20260805PR335117
Liquidity and Debt Position
Block, Inc. · 2026-08-05 · Importance 62 · Surprise 46 · No source text
Cash and cash equivalents totaled $6.427 billion at June 30, 2026, down from $6.564 billion at December 31, 2025. Long-term debt was $5.721 billion, broadly unchanged from $5.716 billion at year-end, while current long-term debt declined to zero from $1.573 billion. Warehouse funding facilities totaled $1.162 billion, consisting of $572 million current and $590 million non-current balances. Customer funds increased to $5.530 billion from $4.772 billion, while customers payable increased to $7.629 billion from $6.805 billion.
Key facts
- Repayments of senior notes in the six months ended Jun. 30, 2026: $(1,000,000) (in thousands). source
- Payments to redeem convertible notes in the six months ended Jun. 30, 2026: $(575,000) (in thousands). source
- Net cash used in financing activities for the six months ended Jun. 30, 2026: $(1,608,643) (in thousands). source
- Proceeds from warehouse facilities borrowings in the six months ended Jun. 30, 2026: $939,190 (in thousands). source
- Repayments of warehouse facilities borrowings in the six months ended Jun. 30, 2026: $(1,155,192) (in thousands). source
- Cash, cash equivalents, restricted cash, and customer funds at end of period Jun. 30, 2026: $12,851,199 (in thousands). source
- Block ended Q2 2026 with total liquidity of $8.8 billion, consisting of $7.9 billion in cash, cash equivalents, restricted cash, and investments in marketable debt securities, and $900 million available to be withdrawn from the revolving credit facility. source
- Cash and cash equivalents at Jun. 30, 2026: $6,427,331 (in thousands). source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| liability | positive | realized | — | Repayments of senior notes in the six months ended Jun. 30, 2026: $(1,000,000) (in thousands). |
| cash | negative | realized | — | Repayments of senior notes in the six months ended Jun. 30, 2026: $(1,000,000) (in thousands). |
| liability | positive | realized | — | Payments to redeem convertible notes in the six months ended Jun. 30, 2026: $(575,000) (in thousands). |
| cash | negative | realized | — | Payments to redeem convertible notes in the six months ended Jun. 30, 2026: $(575,000) (in thousands). |
| cash | negative | realized | — | Net cash used in financing activities for the six months ended Jun. 30, 2026: $(1,608,643) (in thousands). |
| cash | positive | realized | — | Proceeds from warehouse facilities borrowings in the six months ended Jun. 30, 2026: $939,190 (in thousands). |
| cash | negative | realized | — | Repayments of warehouse facilities borrowings in the six months ended Jun. 30, 2026: $(1,155,192) (in thousands). |
| cash | positive | realized | — | Block ended Q2 2026 with total liquidity of $8.8 billion, consisting of $7.9 billion in cash, cash equivalents, restricted cash, and… |
| cash | positive | realized | — | Cash and cash equivalents at Jun. 30, 2026: $6,427,331 (in thousands). |
| liability | negative | realized | — | Customer funds at Jun. 30, 2026: $5,530,278 (in thousands). |
| assets | positive | realized | — | Total current assets at Jun. 30, 2026: $23,144,875 (in thousands). |
| liability | negative | realized | — | Long-term debt at Jun. 30, 2026: $5,720,569 (in thousands). |