Story perspectives
Block, Inc. Earnings Miss Forecasts; Stock Plummets 10%
11/7/2025
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Story summary
- Block, Inc. reported third-quarter earnings of $0.74 per share and revenue of $6.11 billion, below the $6.31 billion forecast.
- Gross profit rose 18% to $2.66 billion, modestly above estimates.
- Adjusted operating income and EBITDA missed forecasts.
- Despite a 12% increase in gross payment volume to $67.15 billion, Block's stock fell over 10% to $63.50 after hours.
- Block also forecasts a 19% rise in gross profit for the next quarter.
