EX-99.1 2 d91486dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 Q2 2026 Shareholder Letter investors.block.xyz To Our Shareholders Q2’26 Highlights1 We’ve never accepted shortcuts to building exceptional capabilities. Through multiple technology shifts, we’ve recognized early what would matter for our customers and built the infrastructure to deliver it ourselves. That work is slower at first but it compounds. And as AI collapses the cost of building software, the things that can’t be built on demand become the differentiators: judgment, trust, depth of understanding, and capability. Owning those is why we believe our growth is durable through this shift just as it was through the last ones. Our results this quarter, year over year gross profit growth of Gross Profit 25% and record profitability, and our raised guide for the full year, reflect years of that compounding. This letter is about the two capabilities compounding fastest …
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 August 5, 2026, Block, Inc. (the “Company”) issued a Shareholder Letter (the “Letter”) announcing its financial results for the second quarter ended June 30, 2026. In the Letter, the Company also announced that it would be holding a conference call and earnings webcast on August 5, 2026 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.