Snapshot
Block, Inc. reported $6.05B of revenue in Q2 2025, up -1.6% year over year, with diluted EPS of $0.87 and an operating margin of 8.0%.
- Revenue
- $6.05B
- YoY growth
- +-1.6%
- Diluted EPS
- $0.87
- Operating margin
- 8.0%
$6.05B
Revenue
+-1.6%
YoY growth
$0.87
Diluted EPS
8.0%
Operating margin
01 Key takeaways
What management said
- •These forward-looking statements include discussions about public strategy and guidance, as well as our long-term targeting goals.
- •Also note that the forward-looking statements, including earnings added into 2025, that discussed on the call are based on information available to us and is subsequently reviewed at SEC.
- •With the Rule of 40, we are evaluating some of the growth product growth and suggested value in the margin.
- •We delivered strong results in the second quarter, exceeding our gross profit and adjusted operating income guidance.
- •Gross profit was $2.5 billion, up 14% year-over-year, accelerating from 9% growth last quarter.
- •Adjusted operating income was $550 million, up 38% year-over-year, as we extended margin to our highest quarterly adjusted wide margin yet, 22%.
- •In Cash App, gross profit growth reaccelerated to 16% year-over-year in the second quarter.
- •We believe the combination of assets we have in Cash App is unique and positions us for attractive, sustainable long-term growth as an enduring ecosystem.
- •First, we have a scaled peer-to-peer network that drives community connection and Cash App customer acquisition, with $218 billion in peer-to-peer volume in the last 12 months.
- •We observed strong GPV growth in food and beverage and retail, up 15% and 10% respectively.
- •International GPV growth accelerated to 25% year-over-year as we continued to expand distribution across sales and partnerships.
- •In the second quarter, we delivered our highest ever new volume added and our strongest growth in new volume added since the third quarter of 2021.
SourcesCompany financials · earnings call
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