---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-212527"
form_type: "8-K"
ticker: "XYZ"
cik: "0001512673"
company_name: "Block, Inc."
filed_at: "2022-08-04T23:59:59+00:00"
generated_at: "2026-06-24T03:59:02.451445+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Block Q2 gross profit $1.47B (+29% YoY); core revenue ex-bitcoin up 34%

## Summary
- Gross profit $1.47B (+29% YoY); Square $755M, Cash App $705M, both +29%.
- Total net revenue $4.40B (-6% YoY); ex-bitcoin revenue $2.62B (+34% YoY).
- Ex-bitcoin and BNPL revenue $2.41B (+23% YoY); GPV from Square for Restaurants more than doubled YTD.
- Cash App Borrow reached >1 million monthly actives in June 2022.
- Q2 included $36M bitcoin impairment loss and $57M amortization of acquired intangibles.

## SEC filing metadata
- accession: 0001193125-22-212527
- form_type: 8-K
- ticker: XYZ
- cik: 0001512673
- company_name: Block, Inc.
- filed_at: 2022-08-04T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1512673/000119312522212527/0001193125-22-212527-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1512673/000119312522212527/d369631d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-212527
- JSON: https://secwatch.observer/filing/0001193125-22-212527.json
- Plain text: https://secwatch.observer/filing/0001193125-22-212527.txt

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