The company said gross profit for Q2 2025 was $2.54B, up 14% from a year earlier. It said operating income was $484M (a 19% margin on gross profit) and Adjusted Operating Income was $550M (a 22% margin).

1. 01

   The company said gross profit for Q2 2025 was $2.54B, up 14% from a year earlier. It said operating income was $484M (a 19% margin on gross profit) and Adjusted Operating Income was $550M (a 22% margin).

2. 02

   Block said Cash App gross profit for Q2 rose 16% year over year to $1.50B, and Square gross profit rose 11% to $1.03B. It also said Square GPV grew 10% year over year to $64.2 billion.

3. 03

   The company raised its prior outlook and expects full-year gross profit of $10.17 billion, growth of more than 14%, and full-year Adjusted Operating Income of $2.03 billion, a 20% margin. It also expects gross profit for Q3 to grow 16% year over year to $2.60 billion.

4. 04

   The company said it repurchased 12.5 million shares of Class A common stock in Q2 for a total of $692 million. It said the remaining repurchase authorization as of June 30, 2025 was $1.5 billion. Total liquidity at the end of the quarter was $8.5 billion.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.