XYZ · Earnings call · 2026Q2T · Full report
Guidance / Outlook
Block, Inc. · 2026-08-05 · Importance 94 · Surprise 100
Block raised its full-year 2026 guidance after second-quarter outperformance. The company now expects 2026 gross profit of $12.51 billion, up 21% year-over-year, adjusted operating income of $3.47 billion at a 28% margin, and adjusted diluted EPS growth of 70% year-over-year. For the third quarter, management expects gross profit growth of 18%, a 28% adjusted operating income margin, and adjusted diluted EPS growth of 89%; it expects fourth-quarter gross profit growth in the mid-teens range and plans to increase investment if attractive opportunities emerge.
Key facts
- Block said they will increase the magnitude of their investment if they see the right opportunities to deploy profit upside.