---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-269372"
form_type: "8-K"
ticker: "XYZ"
cik: "0001512673"
company_name: "Block, Inc."
filed_at: "2023-11-02T23:59:59+00:00"
generated_at: "2026-06-09T00:03:24.338634+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Block reports Q3 gross profit $1.90B (+21% YoY); raises FY2023 guidance; authorizes $1B buyback

## Summary
- Gross profit $1.90B (+21% YoY); Cash App $984M (+27%), Square $899M (+15%).
- Total net revenue $5.62B (+24% YoY); ex-bitcoin $3.19B (+16%).
- Raising full-year 2023 Adjusted Operating Income and Adjusted EBITDA guidance.
- Board authorizes $1B share repurchase; headcount capped at 12,000.
- Cash App Pay monthly actives >2M, doubling since June.

## SEC filing metadata
- accession: 0001193125-23-269372
- form_type: 8-K
- ticker: XYZ
- cik: 0001512673
- company_name: Block, Inc.
- filed_at: 2023-11-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1512673/000119312523269372/0001193125-23-269372-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1512673/000119312523269372/d711180d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-269372
- JSON: https://secwatch.observer/filing/0001193125-23-269372.json
- Plain text: https://secwatch.observer/filing/0001193125-23-269372.txt

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