Block reports $3.24 billion gross profit and raises its 2026 guidance
Block posted third-quarter 2026 revenue of $6.72 billion and adjusted EPS of $1.13, and issued a preliminary 2027 outlook calling for at least 15% gross profit growth.
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what happened
According to TradingView, Block booked third-quarter 2026 revenue of $6.72 billion, while gross profit rose 22% year over year to $3.24 billion. Operating income came in at $428 million, and net income attributable to common stockholders was $566 million. Adjusted diluted EPS climbed 109% to $1.13, while diluted EPS stood at $0.92.
The company raised its 2026 guidance and published a preliminary 2027 outlook that projects gross profit growth of at least 15%. Cash App reached 60 million monthly transacting active accounts in September. Square GPV growth accelerated to 14% year over year, with international volume up 26%.
why it matters
For markets, the key point is that higher guidance arrived alongside faster growth in core metrics. Signals like this typically shape how investors value the company's shares and sentiment across fintech, though a single company's report does not set the direction of the broader market.
market impact
Block shares: raised guidance and stronger earnings support the stock
- Block shares pressure up — raised guidance and higher adjusted EPS support the stock
tags
instruments
sources
- Block Reports Q3 Gross Profit of $3.24 Billion, Adjusted EPS of $1.13 — TradingView, 3 November 2026 at 21:24 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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