---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-276894"
form_type: "8-K"
ticker: "XYZ"
cik: "0001512673"
company_name: "Block, Inc."
filed_at: "2022-11-03T23:59:59+00:00"
generated_at: "2026-06-22T08:52:25.860471+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Block Q3 gross profit $1.57B, up 38% YoY; Cash App +51%, Square +29%

## Summary
- Gross profit $1.57B, up 38% YoY; Cash App $774M (+51%), Square $783M (+29%).
- Total net revenue $4.52B (+17%); ex-bitcoin $2.75B (+36%); ex-bitcoin & BNPL $2.54B (+25%).
- Cash App Card actives nearly 18M in Sept, up >40% YoY; weekly/daily actives growing faster.
- Software verticals (Restaurants, Retail, Appointments) gross profit grew >45% YoY.
- Recognized $56M amortization of acquired intangibles and $2M bitcoin impairment in Q3.

## SEC filing metadata
- accession: 0001193125-22-276894
- form_type: 8-K
- ticker: XYZ
- cik: 0001512673
- company_name: Block, Inc.
- filed_at: 2022-11-03T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1512673/000119312522276894/0001193125-22-276894-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1512673/000119312522276894/d361490d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-276894
- JSON: https://secwatch.observer/filing/0001193125-22-276894.json
- Plain text: https://secwatch.observer/filing/0001193125-22-276894.txt

## Key facts
- Earnings Releases
  Block, Inc. reported financial results for the third quarter ended September 30, 2022.
  - Period: the third quarter ended September 30, 2022
  - Result: reported results
  source text: Block, Inc. (the “Company”) issued a Shareholder Letter (the “Letter”) announcing its financial results for the third quarter ended September 30, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1512673/000119312522276894/0001193125-22-276894-index.htm

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