Tag
#block
Banking
Ramp's $44B fintech multiple widens gap with public markets
Ramp's $44 billion valuation at 29-times revenue runs far ahead of public fintech peers. The Series F round signals private capital is betting AI-linked financial software belongs in a different valuation category — and the IPO window will test that thesis.
By Sloane Carrington
Banking
Block Q1 beats by $0.17, raises FY26 gross profit outlook to $12.33B
Block reported Q1 adjusted EPS of $0.85, beating consensus by $0.17, as gross profit rose 26% to $2.91B. The company raised its full-year 2026 gross profit outlook to $12.33B, sending shares up 9.8% in after-hours trading.
By Naomi Voss
