secwatch.observer — SEC 8-K summary
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Issuer:     Block, Inc. (XYZ)
CIK:        0001512673
Form:       8-K
Filed at:   2022-02-24T23:59:59+00:00
Accession:  0001193125-22-052061
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1512673/000119312522052061/0001193125-22-052061-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1512673/000119312522052061/d219032d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-052061

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer