Why it matters: Overall year-over-year gross profit growth of 9% marked a meaningfully slowdown from recent results, with issues at Cash App as the main driver. Cash App year-over-year gross ...

Cash App generated $1.38 billion in gross profit in the first quarter, up 10% from a year earlier, but shy of the $1.42 ...

Block Inc. remains bullish that its Cash App financial-services platform will remain a growth driver this year, despite its ...

Block shares are down on Friday after downbeat Q1 results, missed estimates on Cash App's profits and GPV, but expects growth ...

Earnings from PayPal and Block revealed diverging paths in peer-to-peer payments, with Venmo accelerating and Cash App losing ...

Block reported first-quarter results that missed Wall Street expectations on Thursday and issued a disappointing outlook. The ...

"Block's 1Q25 results missed expectations due to weaker Cash App gross profit, despite typically strong seasonality from tax refunds," analysts from Oppenheimer wrote in a report. Block on Thursday ...

Block's shares fell by 22% following a cut in the 2025 profit forecast, which raised concerns about the company's major ...

Block shares were on track for their second-worst day Friday, plunging more than 20% as investors digested a brutal quarterly report and a wave of analyst downgrades centered on one issue: Cash App.