---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-046618"
form_type: "8-K"
ticker: "XYZ"
cik: "0001512673"
company_name: "Block, Inc."
filed_at: "2023-02-23T23:59:59+00:00"
generated_at: "2026-06-19T02:28:02.897395+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Block Q4 2022 gross profit $1.66B (+40% YoY); Cash App gross profit up 64%

## Summary
- Gross profit $1.66B, up 40% YoY; Square $801M (+22%), Cash App $848M (+64%).
- Total net revenue $4.65B (+14% YoY); ex-bitcoin revenue $2.82B (+33%).
- Cash App had 51M monthly transacting actives in Dec; 2/3 transact weekly.
- Square ecosystem: 44% of gross profit from sellers using 4+ monetized products in 2022.
- Excluding bitcoin and BNPL, revenue $2.55B (+21% YoY).

## SEC filing metadata
- accession: 0001193125-23-046618
- form_type: 8-K
- ticker: XYZ
- cik: 0001512673
- company_name: Block, Inc.
- filed_at: 2023-02-23T23:59:59+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/1512673/000119312523046618/0001193125-23-046618-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1512673/000119312523046618/d460989d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-046618
- JSON: https://secwatch.observer/filing/0001193125-23-046618.json
- Plain text: https://secwatch.observer/filing/0001193125-23-046618.txt

## Key facts
- Earnings Releases
  Block, Inc. reported financial results for the fourth quarter and fiscal year ended December 31, 2022.
  - Period: the fourth quarter and fiscal year ended December 31, 2022
  - Result: reported results
  source text: On February 23, 2023, Block, Inc. (the “Company”) issued a Shareholder Letter (the “Letter”) announcing its financial results for the fourth quarter and fiscal year ended December 31, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1512673/000119312523046618/0001193125-23-046618-index.htm

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