Block

Q3 FY2026 EarningsQ3 FY26 results for XYZ.US (Block) beat consensus across all major profitability metrics, although total revenue of $6.72B was only slightly ahead of the $6.60B expectation. The outperformance was driven by a record Adjusted Operating Income of $923M (+92% YoY) vs. the $785.6M mean estimate, and Adjusted Diluted EPS of $1.13, significantly exceeding the $1.03 consensus. Cash App gross profit growth of 27% YoY and Square GPV acceleration to 14% were key catalysts. Furthermore, management significantly raised FY26 guidance and provided a strong preliminary FY27 outlook with gross profit growth of at least 15% and Adjusted Operating Income growth of 30%.