Block (XYZ) Q3 FY2026 earnings: revenue $6.7 billion, up 9.9% on the year
Block, Inc. (XYZ) reported revenue of $6.7 billion for Q3 FY2026, the quarter ended 30 September 2026, up 9.9% on the same quarter a year earlier. Net income was $566 million, up 22.5% on the year, and diluted earnings per share $0.92. The figures are the company's own, from the 10-Q it filed with the SEC on 3 November 2026.
Revenue
$6.7 billion
+9.9% on the year · +1.5% on the quarter
Q4 FY2024Q3 FY2026
Operating margin
6.4%
6.7% a year earlier
Q4 FY2024Q3 FY2026
Net income
$566 million
+22.5% on the year · +538.9% on the quarter
Q4 FY2024Q3 FY2026
Diluted EPS
$0.92
+24.3% on the year · +513.3% on the quarter
Q4 FY2024Q3 FY2026
this quarterthe same quarter a year earlierHover a bar for its figure.
What management said
Guidance figures: 6 raised, 5 new, 1 kept.
Gross profit up 22% to $3.24B: Gross profit was $3.24 billion, up 22% year over year, with Cash App gross profit up 27% and Square gross profit up 14%.
Adjusted Operating Income up 92%: Adjusted Operating Income was $923 million, a 29% margin of gross profit. GAAP operating income was $428 million, up 5% year over year.
Square GPV up 14% to $76.4B: Square GPV reached $76.4 billion, up 14% on both reported and constant currency bases. Square gross profit grew in line with GPV, at 14%.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
Q3 FY2026
Q2 FY2026
Q3 FY2025
On the quarter
On the year
Last 8 quarters
Operating cash flow
1,016
1,020
1,451
-0.4%
-30.0%
Capital expenditure
44.2
53.2
50.6
-16.9%
-12.7%
Free cash flow
972
967
1,400
+0.6%
-30.6%
Free cash flow margin
14.5%
14.6%
22.9%
Cash from investing
-647
-306
-1,101
Cash from financing
712
-1,357
1,467
-51.4%
Depreciation and amortisation
91.1
95.1
92.1
-4.1%
-1.1%
Share-based compensation
273
260
309
+5.0%
-11.8%
Buybacks
0.0
64.9
403
Diluted shares, weighted
615m
609m
622m
+1.0%
-1.1%
Shares outstanding at period end
605m
601m
608m
+0.6%
-0.5%
Cash flow lines for the quarter; where the company files them year to date, the quarter is the difference between two filings.
Balance sheet
$ million
Q3 FY2026
Q2 FY2026
Q3 FY2025
On the quarter
On the year
Last 8 quarters
Shareholders' equity
22,907
22,047
22,507
+3.9%
+1.8%
Non-controlling interest
-37.2
-35.8
-34.2
Debt
7,267
6,883
7,786
+5.6%
-6.7%
Operating lease liabilities
213
228
259
-6.3%
-17.8%
Other liabilities
10,886
10,035
8,664
+8.5%
+25.6%
Total liabilities and equity
41,236
39,157
39,183
+5.3%
+5.2%
Fixed assets
297
293
343
+1.2%
-13.5%
Goodwill
11,985
11,967
11,808
+0.1%
+1.5%
Intangible assets
1,156
1,200
1,326
-3.7%
-12.8%
Securities held for sale or to maturity
584
536
548
+8.8%
+6.6%
Cash and equivalents
7,859
6,427
8,336
+22.3%
-5.7%
Receivables
191
194
176
-1.8%
+8.2%
Inventory
263
199
167
+32.3%
+57.9%
Other assets
18,901
18,339
16,479
+3.1%
+14.7%
Total assets
41,236
39,157
39,183
+5.3%
+5.2%
Questions
What was Block's revenue in Q3 FY2026?
Block (XYZ) reported revenue of $6.7 billion for Q3 FY2026, the quarter ended 30 September 2026, up 9.9% on the same quarter a year earlier.
How much did Block earn in Q3 FY2026?
Net income for Q3 FY2026 was $566 million, up 22.5% on the year, and diluted earnings per share $0.92.
When did Block report Q3 FY2026 results?
Block filed its 10-Q for the quarter ended 30 September 2026 with the SEC on 3 November 2026.
Each quarter as filed, linked to its filing. Read more* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS, and its diluted share count where shown, are from the company's results press release for that quarter, checked against the company's filed figures or a second data source. A quarter marked † is shown as the company last restated it in a later filing, so it compares with the quarters around it on one basis; rest on a figure for the one first filed. EPS is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.
10-Q for the period ended 30 September 2026, filed 3 November 2026: the filing.