Block said gross profit for Q3 2025 was $2.7 billion, up 18% year over year. Cash App generated $1.6 billion, up 24%, and Square generated $1.0 billion, up 9%.

1. 01

   Block said gross profit for Q3 2025 was $2.7 billion, up 18% year over year. Cash App generated $1.6 billion, up 24%, and Square generated $1.0 billion, up 9%.

2. 02

   For Q3 2025, the company recorded operating income of $409.4 million and Adjusted Operating Income of $480.2 million, with net income attributable to common stockholders of $461.5 million. Net income included a gain of $59.6 million from the remeasurement of its bitcoin investment.

3. 03

   Block said total net revenue for Q3 2025 increased by $139.2 million, or 2%, compared to the prior year period. Bitcoin revenue decreased by $462.2 million, while total net revenue excluding bitcoin revenue increased by $601.4 million, or 17%.

4. 04

   During Q3 2025, the company issued $2.2 billion in aggregate principal amount of senior unsecured notes, comprised of $1.2 billion in 2030 Senior Notes and $1.0 billion in 2033 Senior Notes. Available liquidity at the end of Q3 was $10.5 billion.

Key figures

Quarter ended September 30, 2025

Revenue

$6.1B

Operating income

$409M

Net income

$462M

EPS

$0.74

Gross profit

$2.7B

Analysis scope · Management's discussion (MD&A)We analyzed excerpts of the Management's Discussion and Analysis (MD&A) section (with omissions). Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

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.