Block, Inc.: Beat — EPS $1.13, Revenue $6.72B
Earnings BeatQ3 2026 · After-market
Did Block, Inc. (XYZ) beat earnings today?
Yes, Block, Inc. (XYZ) beat Wall Street analyst expectations for Q3 2026, reporting higher-than-expected EPS and higher-than-expected revenue.
Earnings Per Share+9.71% surprise
$1.13Actual
Expected: $1.03
vs. year ago +109.3%
Total Revenue+1.80% surprise
$6.72BActual
Expected: $6.6B
vs. year ago +9.9%
Released Nov 03 · 4:12 PM ET
Earning Report
| Metric | Q3 2026 | Q3 2025 | YoY Change % |
|---|---|---|---|
| Revenue | $6.72B | $6.12B | +9.9 |
| Revenue detail — reported lines | |||
| └─Commerce Enablement | $3.48B | $3.00B | +15.9 |
| └─Financial Solutions | $1.44B | $1.09B | +31.5 |
| └─Bitcoin Ecosystem | $1.80B | $2.02B | -10.7 |
| Net Income | $566.00M | $462.00M | +22.5 |
| Diluted EPS | $0.92 | $0.74 | +24.0 |
| Adjusted Diluted EPS | $1.13 | $0.54 | +109.0 |
Financial Outlook / Guidance
| Metric | Q4'26 Outlook | FY27 Outlook | |
|---|---|---|---|
| Guidance | Expected | Guidance | |
| Gross Profit | $3.315B (+15% YoY | — | $14.519B (+15% YoY, prev. $13.770B |
| Adjusted Operating Income | $1.005B | — | $4.575B (+30% YoY, prev. $3.510B |
| Margin | 30% | — | 32% (prev. 25% |
| Rule of X | 46% | — | — |
| Adjusted Diluted EPS | $1.15 (+77% YoY | $1.16Miss -0.86% | — |
Q4'26 Outlook
- Gross Profit
- Guidance$3.315B(+15% YoYExpected—
- Adjusted Operating Income
- Guidance$1.005BExpected—
- Margin
- Guidance30%Expected—
- Rule of X
- Guidance46%Expected—
- Adjusted Diluted EPS
- Guidance$1.15(+77% YoYExpected$1.16Miss -0.86%
FY27 Outlook
- Gross Profit
- Guidance$14.519B(+15% YoY, prev. $13.770B
- Adjusted Operating Income
- Guidance$4.575B(+30% YoY, prev. $3.510B
- Margin
- Guidance32%(prev. 25%
- Rule of X
- Guidance—
- Adjusted Diluted EPS
- Guidance—
Business Highlights
- ➤Launched Squaremates in the U.S. for Square sellers.
- ➤Launched the voice-enabled Square Kiosk in October.
- ➤Began piloting Buzz with prospective customers in October.
- ➤Created Builderlab to externalize Block’s intelligence capabilities.
- ➤Released more than 180 new Square features through the first three quarters.
- ➤Rolled out model routing to all Block employees in October.
- ➤AI began autonomously reviewing and merging low-risk production code changes.
- ➤Launched Cash App en Español for Spanish-speaking customers.
- ➤Piloted Earn in P2P, a no-fee earnings-payment and tracking tool.
- ➤Partnered with Workday for Cash App direct-deposit enrollment.
- ➤Announced a UKG Frontline Worker Network partnership.
- ➤Made Cash App Tags generally available in August.
- ➤Fanatics selected Afterpay as its preferred buy now, pay later partner.
- ➤Made Cash App Score available to lenders through Nova Credit.