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Block (XYZ)
NYSE:XYZ
Earnings Data
Report Date
Jul 31, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.68Last Year’s EPS
0.93Same Quarter Last Year
Moderate Buy
Based on 36 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:May 01, 2025
|% Change Since: -2.51%
|Next Earnings Date:Jul 31, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a mix of positive and negative elements. While the company showed strong gross profit growth and record adjusted operating income, challenges such as lower-than-expected Cash App performance and a cautious macroeconomic outlook were highlighted. The company's strategic initiatives, particularly in expanding Cash App and Square, are promising, although they remain cautious about potential macroeconomic headwinds.Company Guidance
During the Block First Quarter 2025 Earnings Conference Call, the company provided updated guidance and performance insights across several metrics. Total Block gross profit for Q1 2025 was $2.29 billion, marking a 9% year-over-year increase. Square's gross profit grew by 9% year-over-year driven by a 7.2% increase in gross payment volume (GPV), with constant currency GPV growth at 8.2%. Cash App gross profit rose by 10% year-over-year, although consumer spending behavior during tax refund season affected inflows. The company reported an adjusted EBITDA of $813 million, up 15% year-over-year, and adjusted operating income of $466 million, a 28% increase. For the full year, Block expects gross profit growth of 12% or $9.96 billion, with anticipated acceleration in the second half of the year. Adjusted operating income for 2025 is projected to be $1.9 billion, reflecting continued investment in high ROI growth initiatives. Additionally, the company plans to expand its Cash App Borrow product nationwide and expects significant contributions from its retroactive buy-now-pay-later product, Cash App Afterpay, in the second half of the year.Strong Gross Profit Growth
Total Block gross profit was $2.29 billion, up 9% year-over-year. Square had a gross profit growth of 9% year-over-year, driven by GPV growth of 7.2%, with constant currency GPV growth of 8.2%.
Record Adjusted Operating Income
Adjusted operating income was $466 million, up 28% year-over-year, and adjusted EBITDA was $813 million, up 15% year-over-year.
Cash App Growth Initiatives
The FDIC approval to use Square Financial Services to issue consumer loans for Cash App Borrow nationwide is expected to double the number of Cash App actives that can be offered Borrow, starting in the third and fourth quarters.
Cash App Afterpay Integration
Successful early adoption and strong conversion rates for Cash App Afterpay, which allows users to split purchases retroactively on their Cash App Card.
Square Product and Go-to-Market Enhancements
Continued product innovation in Square with new features and enhancements, and successful signing of upmarket sellers through field sales and partnerships.
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XYZ Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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XYZ Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 01, 2025 | $58.48 | $46.53 | -20.43% |
Feb 20, 2025 | $83.04 | $68.35 | -17.69% |
Nov 07, 2024 | $75.27 | $74.56 | -0.94% |
Aug 01, 2024 | $59.90 | $60.38 | +0.80% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Block (XYZ) report earnings?
Block (XYZ) is schdueled to report earning on Jul 31, 2025, TBA Not Confirmed.
What is Block (XYZ) earnings time?
Block (XYZ) earnings time is at Jul 31, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is XYZ EPS forecast?
XYZ EPS forecast for the fiscal quarter 2025 (Q2) is 0.68.
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