Block Q2 2026 gross profit $3.17B (+25% YoY); raises full-year guidance

Block, Inc.

Gross profit $3.17B, up 25% YoY; Cash App GP $1.97B (+31%), Square GP $1.16B (+13%).
Operating income $447M (14% margin); adjusted operating income $864M (27% margin).
Diluted EPS $0.15; adjusted diluted EPS $1.02.
Company raised full-year guidance citing compounding growth from hardware and AI capabilities.
New Cash App Tags NFC chips introduced, enabling physical object payments.

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