---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-052061"
form_type: "8-K"
ticker: "XYZ"
cik: "0001512673"
company_name: "Block, Inc."
filed_at: "2022-02-24T23:59:59+00:00"
generated_at: "2026-06-27T04:45:45.363623+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Block Q4 gross profit $1.18B +47% YoY; Cash App $518M +37%, Square $657M +54%

## Summary
- Total net revenue $4.08B (+29% YoY); ex-bitcoin revenue $2.12B (+51%).
- Full-year gross profit $4.42B (+62% YoY); Cash App $2.07B (+69%), Square $2.32B (+54%).
- Cash Card monthly actives hit 13M in Dec, 31% of 44M total transacting actives.
- GPV $46.3B (+45% YoY); transaction-based gross profit margin 1.18%.
- Afterpay acquisition closed Jan 31, integrated with Square Online; Cash App Taxes launched Jan 2022.

## SEC filing metadata
- accession: 0001193125-22-052061
- form_type: 8-K
- ticker: XYZ
- cik: 0001512673
- company_name: Block, Inc.
- filed_at: 2022-02-24T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1512673/000119312522052061/0001193125-22-052061-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1512673/000119312522052061/d219032d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-052061
- JSON: https://secwatch.observer/filing/0001193125-22-052061.json
- Plain text: https://secwatch.observer/filing/0001193125-22-052061.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.