Every material Form 8-K Block has filed with the SEC since February 06, 2025, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Block, Inc. reported its third-quarter financial results for the period ended September 30, 2026, exceeding its previous guidance across key metrics. The company also provided a preliminary outlook for 2027, projecting continued growth in gross profit and adjusted operating income.
Gross profit grew 22% year over year to $3.24 billion for the third quarter of 2026.
Adjusted Operating Income increased 92% year over year to $923 million.
Cash App monthly transacting actives reached 60 million in September 2026.
For full-year 2027, Block expects gross profit to grow at least 15% year over year.
Block reported second-quarter 2026 results, with gross profit of $3.17 billion, up 25% year over year, and Adjusted Diluted EPS of $1.02, up 65%. The company raised its full-year 2026 guidance to $12.51 billion in gross profit and $4.02 in Adjusted Diluted EPS, but GAAP net income fell to $89 million from $538 million a year earlier.
Q2 2026 gross profit was $3.17 billion, up 25% year over year; Cash App gross profit rose 31% and Square gross profit rose 13%.
GAAP net income was $89 million versus $538 million in Q2 2025, and GAAP diluted EPS was $0.15 versus $0.87.
Adjusted Operating Income was $864 million, and Adjusted Diluted EPS was $1.02, up 65% year over year.
Full-year 2026 guidance was raised to $12.51 billion in gross profit, $3.47 billion in Adjusted Operating Income and $4.02 in Adjusted Diluted EPS.
Block, Inc. disclosed that Arnaud Weber, its Engineering Lead, left the company on June 5, 2026. The engineering organization will now report directly to CEO-level leader Jack Dorsey, identified as Block Head. The filing gives no financial figures, and it does not describe the reasons for the departure.
Arnaud Weber, Engineering Lead, departed the company on June 5, 2026
Engineering organization will report directly to Jack Dorsey, Block Head
Filing includes no financial figures and no reason for the departure
Block reported first-quarter 2026 gross profit of $2.91 billion, up 27% year over year, and Adjusted Diluted EPS of $0.85, up 52%, both above its guidance. It raised full-year 2026 guidance to $12.33 billion in gross profit and $3.85 in Adjusted Diluted EPS, but GAAP results included a $172 million operating loss and a $309 million net loss attributable to common stockholders, driven by $852 million in restructuring and other charges.
Q1 2026 gross profit was $2.91 billion, up 27% year over year; Cash App gross profit rose 38% and Square gross profit rose 9%.
GAAP diluted net loss per share was $0.52; Adjusted Diluted EPS was $0.85, a record.
Full-year 2026 guidance now calls for $12.33 billion in gross profit, $3.34 billion in Adjusted Operating Income and Adjusted Diluted EPS of $3.85.
Q1 charges included $852 million in restructuring and other charges tied to the February organizational change and accrued legal contingencies.
Block, Inc. named Andrea Acosta, formerly Chief Accounting Officer of Pinterest, as its principal accounting officer, effective May 26, 2026, succeeding interim principal accounting officer Amrita Ahuja, who remains Chief Financial Officer and Chief Operating Officer. The role is a senior finance position, and the filing describes pay of a $550,000 base salary and an $8.0 million restricted stock unit grant, which is routine for an executive appointment.
Andrea Acosta appointed Chief Accounting Officer by the Board on April 30, 2026, effective May 26, 2026
Acosta previously was Chief Accounting Officer of Pinterest, Inc. from February 2022
Compensation includes a $550,000 annual base salary, a $250,000 sign-on cash bonus, and an $8.0 million restricted stock unit award vesting over four years
Block said it will reduce its workforce by more than 40%, with estimated charges of $450 million to $500 million, mostly in the first quarter of 2026 and substantially complete by the end of the second quarter. The same day, it reported fourth-quarter 2025 gross profit up 24% to $2.87 billion and raised its 2026 gross profit guidance, but GAAP diluted EPS was $0.19 after a $234 million bitcoin remeasurement loss.
Workforce to fall by more than 40%; the letter says Block will go from over 10,000 people to just under 6,000, with over 4,000 people asked to leave or entering consultation.
Estimated restructuring charges of $450 million to $500 million, mainly cash costs for notice periods, severance and benefits, plus non-cash share-based award expenses.
Q4 2025 gross profit rose 24% year over year to $2.87 billion; GAAP diluted EPS was $0.19 versus $3.05 a year earlier, and Adjusted Diluted EPS was $0.65.
2026 guidance raised to $12.20 billion gross profit (18% growth) and $3.20 billion Adjusted Operating Income.
Block's Chief Accounting Officer and Principal Accounting Officer, Ajmere Dale, resigned to pursue another opportunity, effective February 26, 2026. CFO and COO Amrita Ahuja will serve as interim principal accounting officer while the company searches for a permanent replacement. The filing does not describe any change to financial results or guidance, but the principal accounting officer role is a key finance function, so shareholders may watch for the permanent appointment.
Ajmere Dale resigns as Chief Accounting Officer, effective February 26, 2026, to pursue another opportunity
Dale worked at Block for nearly ten years
Amrita Ahuja, Chief Financial Officer & Chief Operating Officer, becomes Interim Principal Accounting Officer upon Dale's departure
A search for a permanent replacement is underway; Ahuja's details are incorporated by reference from the April 25, 2025 proxy statement
Block entered into an amended and restated unsecured revolving credit agreement with Goldman Sachs Bank USA as administrative agent, increasing the facility from up to $775.0 million to up to $900.0 million and extending maturity to January 14, 2031. The filing states no borrowings or letters of credit were outstanding as of January 14, 2026, so the change adds available borrowing capacity rather than existing debt.
Facility size increased from up to $775.0 million to up to $900.0 million
Maturity extended to January 14, 2031, subject to a liquidity-based earlier maturity tied to certain convertible and senior notes
Loans priced at Term SOFR plus 1.25% to 1.75%, or base rate plus 0.25% to 0.75%, depending on total net leverage ratio
No borrowings or letters of credit outstanding as of January 14, 2026
Block reported third-quarter 2025 results, with gross profit of $2.66 billion, up 18% year over year, and GAAP net income of $462 million. The company raised its full-year 2025 guidance, now expecting gross profit of $10.243 billion and Adjusted Operating Income of $2.056 billion. Shareholders get higher expected profit for 2025, though Adjusted Diluted EPS of $0.54 rose only 2% year over year.
Q3 2025 gross profit was $2.66 billion, up 18% year over year; Cash App gross profit rose 24% and Square gross profit rose 9%.
GAAP diluted EPS was $0.74 versus $0.45 a year earlier; Adjusted Diluted EPS was $0.54 versus $0.53.
Full-year 2025 guidance: gross profit of $10.243 billion and Adjusted Operating Income of $2.056 billion.
Q4 2025 guidance: gross profit of $2.755 billion and Adjusted Operating Income of $560 million.
Block, Inc. said Dhanji R. Prasanna, its Engineering + Technology Lead, is moving to a Technology Lead role focused on technology strategy and frontier technologies, and will no longer be an executive officer. Arnaud Weber, who leads the Cash Engineering team, will succeed him as Engineering Lead, subject to required regulatory approvals. The filing gives no financial figures, so the change is an organizational shift rather than a direct measure of results.
Dhanji R. Prasanna remains with the company as Technology Lead but is no longer an executive officer
Arnaud Weber, currently leading Cash Engineering, will succeed Prasanna as Engineering Lead
Weber's appointment is subject to receipt of required regulatory approvals
Block, Inc. sold $2.2 billion of senior notes in a private placement, increasing the offering from the $1.5 billion first announced on August 13, 2025. The company said it will use the net proceeds for general corporate purposes, which may include repaying or repurchasing existing debt, potential acquisitions, capital expenditures, investments and working capital. The added debt will be a fixed obligation for shareholders to consider alongside the company's other borrowings.
$1.2 billion of 5.625% senior notes mature August 15, 2030
$1.0 billion of 6.000% senior notes mature August 15, 2033
Offering was increased from the previously announced $1.5 billion
Sale of the notes is expected to settle August 18, 2025, subject to customary closing conditions
Block reported second-quarter 2025 gross profit of $2.54 billion, up 14% year over year, and diluted EPS of $0.87 versus $0.31 a year earlier. The company raised its full-year 2025 guidance, now expecting $10.17 billion in gross profit and $2.03 billion in Adjusted Operating Income, which shareholders would see as a higher outlook than before.
Q2 2025 operating income was $484 million, up from $307 million in Q2 2024; net income attributable to common stockholders was $538 million.
Diluted EPS was $0.87 and Adjusted Diluted EPS was $0.62, up 181% and 32% year over year, respectively.
Full-year 2025 guidance raised to $10.17 billion in gross profit (growth of over 14%) and $2.03 billion in Adjusted Operating Income at a 20% margin.
Third-quarter 2025 guidance calls for gross profit of $2.60 billion, up 16% year over year, with an 18% Adjusted Operating Income margin.
At its June 17, 2025 annual meeting, Block stockholders elected three Class I directors and approved the Block, Inc. 2025 Equity Incentive Plan and the amended and restated 2015 Employee Stock Purchase Plan. The equity plan drew 171,645,010 votes against, the largest opposition among the proposals reported. Stockholders also approved executive pay on an advisory basis and ratified Ernst & Young LLP as auditor for fiscal 2025.
Stockholders approved the 2025 Equity Incentive Plan with 769,264,245 votes for and 171,645,010 against.
Stockholders approved the amended and restated 2015 Employee Stock Purchase Plan with 934,471,397 votes for and 6,465,038 against.
Jack Dorsey, Paul Deighton and Neha Narula were elected Class I directors to serve until the 2028 annual meeting.
Holders of 86.52% of the voting power were present, constituting a quorum at the June 17, 2025 meeting.
Block reported first-quarter 2025 gross profit of $2.29 billion, up 9% year over year, and said growth came in below its expectations, mainly due to softer Cash App inflows and card spend. It now expects 2025 gross profit of $9.96 billion, up 12%, reflecting a more cautious view of the macro environment. GAAP net income fell to $190 million from $472 million and diluted EPS fell to $0.30 from $0.74, while adjusted EPS rose 19% to $0.56, so the results point in different directions for shareholders.
Q1 2025 gross profit was $2.29 billion, up 9%: Cash App $1.38 billion (up 10%) and Square $898 million (up 9%).
Net income attributable to common stockholders was $190 million, versus $472 million in Q1 2024; diluted EPS was $0.30, versus $0.74; adjusted EPS was $0.56, up 19%.
The 2025 outlook is $9.96 billion in gross profit (12% growth); Q2 gross profit is expected at $2.45 billion (9.5% growth), with mid-teens growth expected in Q4.
In Q1 the company repurchased 6.8 million Class A shares for $445 million, and $2.2 billion remained on its $4 billion authorization as of March 31, 2025.
Block reported fourth-quarter 2024 gross profit of $2.31 billion, up 14% year over year, and operating income of $13 million, compared with a loss of $131 million a year earlier. The company said 2025 gross profit growth should be at least 15% and Adjusted Operating Income should reach $2.1 billion, which gives shareholders a clear 2025 target to track.
Q4 2024 Adjusted Operating Income was $402 million, a 17% margin, and Adjusted EPS was $0.71, up 51% year over year
Q4 2024 diluted EPS was $3.05, including $1.9 billion of one-time income tax benefits in fiscal 2024
For 2025, Block expects gross profit growth of at least 15% and $2.1 billion of Adjusted Operating Income
Block, Inc. increased its Board from nine to ten directors and elected Anthony Eisen as a Class III director, effective February 6, 2025. Eisen co-founded Afterpay, which Block acquired in 2022, and he is not expected to serve on any Board committees at this time.
Board size increased from nine to ten directors; Anthony Eisen elected as a Class III director effective February 6, 2025.
Eisen co-founded Afterpay in November 2014 and served as its co-CEO; he was Block's co-lead of Afterpay from January 2022 to November 2024.
Eisen has been CEO of privately held Reshop since January 2025 and serves as its Chairman.
Eisen will receive standard non-employee director compensation and has executed Block's standard indemnification agreement.
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