Form 8-K · Current report

Block, Inc. 8-K, filed Nov 3, 2026

Filed
CIK
0001512673
Accession no.
0001628280-26-069513
AI-generated summary

Summary

Block reported third-quarter 2026 results with gross profit of $3.24B, up 22% year over year, adjusted operating income up 92%, and adjusted diluted EPS up 109%, exceeding its guidance and prompting a raised full-year outlook for each metric. The company said it began piloting its Buzz collaboration tool with prospective customers in October, expects its first machine intelligence revenue in the fourth quarter, and announced Builderlab, a new ecosystem it intends to offer to other companies.

Key points

  • Block reported third-quarter 2026 gross profit of $3.24B, up 22% year over year, with operating income of $428M and adjusted operating income of $923M, up 92%.
  • Cash App gross profit rose 27% to $2.07B and Square gross profit rose 14% to $1.16B; Cash App reached 60 million monthly transacting actives in September.
  • Block began piloting its Buzz collaboration environment with prospective customers in October and expects to generate its first machine intelligence revenue in the fourth quarter, with a Builderlab launch event planned for November 10 in San Francisco.
  • Block raised its full-year guidance for gross profit, adjusted operating income, and adjusted diluted EPS.

Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.

Items reported

  • 2.02Results of Operations and Financial Condition
  • 9.01Financial Statements and Exhibits

From the filing

Item 2.02 Results of Operations and Financial Condition. On November 3, 2026, Block, Inc. (the “Company”) issued a Shareholder Letter (the “Letter”) announcing its financial results for the third quarter ended September 30, 2026. In the Letter, the Company also announced that it would be holding a conference call and earnings webcast on November 3, 2026 at 2:00 p.m. Pacific Time to discuss its financial results for the third quarter ended September 30, 2026. The Letter is furnished as Exhibit 99.1 to this Current Report on Form 8-K (this “Report”). The Company is making reference to non-GAAP financial information in both the Letter and the conference call. …

An excerpt of the text as filed with the SEC, cut for length.

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