#xyz

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.