EX-99.1 2 d48712dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 Q3 2025 Shareholder Letter investors.block.xyz To Our Shareholders Q3’25 Highlights3 Continued momentum Gross Profit We had another strong quarter delivering for our customers with high quality and high velocity. Square GPV growth accelerated to 12% and we gained profitable market share through product innovation and expanded distribution. Cash App gross profit growth accelerated to 24%, and in September we hit 58 million Cash App monthly actives.1 Proto generated its first revenue, seeding what we believe will become our next major ecosystem. Last quarter, I outlined Cash App’s strategy to become …
Open exhibit ↗Current Report · Items 2.02, 9.01 · 8-K
BLOCK INC
Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition. On November 6, 2025, Block, Inc. (the “Company”) issued a Shareholder Letter (the “Letter”) announcing its financial results for the third quarter ended September 30, 2025. In the Letter, the Company also announced that it would be holding a conference call and earnings webcast on November 6, 2025 at 2:00 p.m.…
Company context
Block, Inc. (NYSE: XYZ) builds technology to increase access to the global economy. Each of our brands unlocks different aspects of the economy for more people. Square makes commerce and financial services accessible to sellers. Cash App is the easy way to spend, send, and store money. Afterpay is transforming the way customers manage their spending over time. TIDAL is a music platform that empowers artists to thrive as entrepreneurs. Bitkey is a simple self-custody wallet built for bitcoin. Proto is a suite of bitcoin mining products and services. Together, we’re helping build a financial system that is open to everyone.