{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-109972","form_type":"8-K","ticker":"XYZ","cik":"0001512673","company_name":"Block, Inc.","filed_at":"2025-05-01T23:59:59+00:00","discovered_at":"2026-05-14T18:02:48.549280+00:00","generated_at":"2026-05-23T00:18:19.350961+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Block Q1 gross profit $2.29B (+9% YoY); Cash App growth below expectations; sees H2 acceleration","bullets":["Gross profit $2.29B, +9% YoY; Cash App $1.38B (+10%), Square $898M (+9%).","Operating income $329M (14% margin); Adjusted EBITDA $813M; Net income $190M.","Cash App gross profit growth missed expectations due to softer inflows and Cash App Card spend; expects significant acceleration starting Q3.","Rolling out Cash App Borrow to millions more actives after FDIC approval to use Square Financial Services for nationwide consumer loans.","Enhancing Borrow terms, increasing limits for Paycheck Deposit actives; >50% of Borrow loans used within Cash App ecosystem."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-109972","json":"https://secwatch.observer/filing/0001193125-25-109972.json","markdown":"https://secwatch.observer/filing/0001193125-25-109972.md","text":"https://secwatch.observer/filing/0001193125-25-109972.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1512673/000119312525109972/0001193125-25-109972-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1512673/000119312525109972/d943129d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-23T00:18:19.350961+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}