XYZ · 8-K · 20260805PR335117
Market Demand Trends
Block, Inc. · 2026-08-05 · Importance 23 · Surprise 22
Total Gross Payment Volume (GPV) increased 12% year over year to $74.7 billion in the second quarter of 2026 from $66.6 billion. Square GPV rose 13% to $72.8 billion, indicating continued growth in payment activity among Square sellers and merchants. Cash App GPV declined 20% to $1.9 billion from $2.4 billion, offsetting part of Square’s growth. For the first six months, total GPV increased 12% to $137.8 billion, while Square GPV grew 13% and Cash App GPV fell 25%.