Amrita Ahuja

Block delivered another beat-and-raise quarter with 25% top-line growth, record profitability at 27% margin, and 65% adjusted EPS growth. The company is executing as a rule-of-52 business, well above its rule-of-40 goal for 2026, driven by broad-based strength across Square and Cash App. AI is embedded in all workflows, boosting product velocity (3x more features YoY) and efficiency, while the open-source, model-agnostic Goose harness enables cost-effective AI deployment. Momentum continued into July, supporting increased full-year guidance.