XYZ · Earnings call · 2026Q2T · Full report

Neighborhoods Network Expansion

Block, Inc. · 2026-08-05 · Importance 71 · Surprise 82

Block is scaling Neighborhoods after management concluded the program has achieved product-market fit. Annualized seller GPV on the platform exceeded $1 billion in June 2026, up 220% year-over-year, while new seller onboarding in July was eight times March’s level. Block plans to accelerate seller distribution and go-to-market, expand hardware compatibility, and launch a map-based Cash App tab for following, ordering from, and engaging with merchants.