Block — Q3 2026 Earnings Summary

Block reported strong third-quarter 2026 results, achieving 22% year-over-year gross profit growth to $3.24 billion and a 92% increase in Adjusted Operating Income to $923 million. The company raised its full-year guidance, projecting $12.626 billion in gross profit and $3.519 billion in Adjusted Operating Income, driven by momentum in both Square and Cash App segments. Strategic initiatives included the expansion of AI tools like Squaremates and the Builderlab ecosystem, alongside significant growth in Cash App's monthly transacting actives to 60 million. Block also announced the externalization of its underwriting infrastructure through Cash App Score and continued to scale its Neighborhoods loyalty network.