---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-202864"
form_type: "8-K"
ticker: "XYZ"
cik: "0001512673"
company_name: "Block, Inc."
filed_at: "2023-08-03T23:59:59+00:00"
generated_at: "2026-06-12T07:59:35.769684+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Block Q2 gross profit $1.87B +27% YoY; Cash App GP +37%; Adj. EBITDA $384M +105%

## Summary
- Revenue $5.53B +26% YoY; ex-bitcoin revenue $3.14B +20% YoY.
- Square GP $888M (+18%); Cash App GP $968M (+37%); Square banking GP $167M (+24%).
- Operating loss $132M vs $214M YoY; adjusted operating income $25M.
- Net loss $123M vs $208M YoY; adjusted EBITDA $384M +105% YoY.
- Cash App peer-to-peer volume $53B (+18%); over half of actives have 4+ account network.

## SEC filing metadata
- accession: 0001193125-23-202864
- form_type: 8-K
- ticker: XYZ
- cik: 0001512673
- company_name: Block, Inc.
- filed_at: 2023-08-03T23:59:59+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/1512673/000119312523202864/0001193125-23-202864-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1512673/000119312523202864/d469227d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-202864
- JSON: https://secwatch.observer/filing/0001193125-23-202864.json
- Plain text: https://secwatch.observer/filing/0001193125-23-202864.txt

## Key facts
- Earnings Releases
  Block, Inc. reported second quarter ended June 30, 2023 results: revenue $5.53 billion.
  - Period: second quarter ended June 30, 2023
  - Revenue: $5.53 billion
  - Result: reported results
  source text: $187M $281M ($114M) ($123M) YoY ($208M) Growth (48%) (40%) 53% 89% 105% Q2 Q3 Q4 Q1 Q2 Q2 Q3 Q4 Q1 Q2 2022 2023 2022 2023 In the second quarter of 2023, total net revenue was $5.53 billion, up 26% year over year, and, excluding bitcoin revenue, revenue was $3.14 billion, up 20% year over year. Reconciliations of
  evidence_url: https://www.sec.gov/Archives/edgar/data/1512673/000119312523202864/0001193125-23-202864-index.htm

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