Short answer
Block, Inc. (XYZ) filed its Q2 2026 10-Q quarterly report on Aug 5, 2026 for the quarter ended Jun 30, 2026. Quarterly revenue was $6.6B (up 9.3% year over year) with net income of $89M.
Q2 2026 key financials · XBRL
- Revenue
- $6.6B
- +9.3% YoY · +9.3% QoQ
- Net income
- $89M
- −83.6% YoY · +128.7% QoQ
- Operating margin
- 6.8%
- Gross margin
- 47.8%
- EPS (diluted)
- $0.15
- −82.8% YoY · +128.8% QoQ
Source: XBRL data from the Block, Inc. (XYZ) Q2 2026 10-Q on SEC EDGAR. USD.
Block, Inc. Q2 2026 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Q2 revenue $6.6B, up 9% YoY from $6.1B; excluding bitcoin, revenue rose 22%
- Gross profit $3.2B, up 25% YoY; Cash App $2.0B, up 31%, versus Square $1.2B, up 13%
- Operating income $446.9M vs $484.3M; Adjusted operating income $863.8M vs $549.6M
- Cash App best performer: gross profit up 31% to $2.0B; bitcoin ecosystem revenue worst, down 13% to $1.9B
- Liquidity $8.8B; $1.6B debt maturity settlement and $700.9M fiscal-year share repurchases
- Workforce Plan completed; annualized savings expected at $800M–$900M, with no additional material charges expected
Risk Factors
- Newly added risk: February 2026 workforce reduction increased reliance on AI and proactive intelligence tools
- Most materially updated operational risk: Reorganization may cause control failures, service interruptions, employee attrition, and delayed product development
- Regulatory risk: AI-related scrutiny may increase compliance costs and limit deployment of automation in legal, compliance, and risk functions
- Competitive risk: BNPL competitors’ aggressive acquisition campaigns and consolidation may erode Afterpay market share
- Financial risk: Bitcoin revenue remains exposed to volatile prices, potentially distorting Cash App growth trends
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
Other Block, Inc. quarterly reports
Ask about this quarter
Compare quarters, check guidance or see what insiders and funds did around the report.