The company behind payment systems Cash App and Square sees full-year gross profit, a key indicator for Block, increasing 14.4%, up from previous guidance of 12% growth.

Block Inc. raises 2025 profit forecast to $10.17b from $9.96b after a strong Q2. Shares surge 8% in after-hours trading following the upbeat outlook. Cash App gross profit jumps 16% to $1.50b, beating ...

Shares of Block ( XYZ -0.37%) seem to be stuck in neutral. After a pandemic-fueled surge, when the world raced toward digital payments and Block rode the wave of skyrocketing adoption, the stock has ...

Cash App rebound estimated to help Block beat Q2 consensus, raise outlook Aug. 06, 2025 2:10 PM ET Block, Inc. (XYZ) Stock By: Mary Christine Joy, SA News Editor Play (4min) ...

Block's total gross payment volume (GPV) grew 7.5% year-on-year, accelerating from 4.4% in the previous quarter, to $66.6 billion, ahead of Street expectations of $66.1 billion, Perlin. Cash App ...

Unexpected changes in the ways consumers spent their money on Block's peer-to-peer Cash App platform caused the payment and commerce company to miss its internal – and analysts '– targets and spurred ...

Shares of Block dropped after analysts expressed concern its Cash App performance was weaker than expected. The parent company of Square and Cash App's stock fell almost 22%, to $45.71, late ...

Block made $7.5 billion in gross profit in 2023, roughly $4 billion of which came from Cash App, according to the CFPB.