Block, Inc. (XYZ)
NYSEFinancialsSoftware - InfrastructureSnapshot 2026-11-05
$84.04-4.10%
Close 2026-11-05 · 1-day change
NYSEFinancialsSoftware - InfrastructureSnapshot 2026-11-05
QuarterlyIQ Insights · XYZ
How strong the business is — where it ranks within its sector on capital efficiency and cash generation, and how well management has been executing.
How this business ranks within financials on a research-validated quality screen. As of 2026-11-05.
The screen ranks XYZ against its sector on four durable signals: share dilution, return on capital, free-cash-flow yield, and FCF margin. Historically the highest-quality names tended toward better typical outcomes and fewer bad years over multi-year holds (strongest at three years, modest at one), and that pattern showed up even before the price moved. It characterizes business quality, not price direction.
Each leg is a sector-relative percentile (higher is better); 4 of 4 legs were available for this name. The composite is built from these four; the raw value follows each percentile for context.
A forward quality tilt, not a price prediction, and context for your own research rather than a recommendation. Not investment advice.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 1 of the last 3 quarter-over-quarter moves. Historically, Financials names rated weak grew net income 57% of the time over the next year (vs 59% for the rest of the cohort, n=7714).
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
A guidance track record builds as the company issues and delivers on guidance.
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
We expect Adjusted Operating Income to grow 30% year over year to $4.575 billion as we expand margins while still investing meaningfully to sustain long-term growth.
Stated in 8 of 8 supplied quarters. Management reported: “We expect Adjusted Operating Income to grow 30% year over year to $4.575 billion as we expand margins while still investing meaningfully to sustain long-term growth.” “For 2026, we now expect $12.51 billion in gross profit, up 21% year over year, and Adjusted Operating Income of $3.47 billion, or 28% margin, growing 67% year over year.” Gross profit was $3.235 billion in 2026-Q3.
“We expect Adjusted Operating Income to grow 30% year over year to $4.575 billion as we expand margins while still investing meaningfully to sustain long-term growth.”
“For 2026, we now expect $12.51 billion in gross profit, up 21% year over year, and Adjusted Operating Income of $3.47 billion, or 28% margin, growing 67% year over year.”
“We expect full year Adjusted Operating Income of $3.34 billion, or 27% margin, growing 60% year over year, and we expect Adjusted Diluted EPS growth of 62%, to $3.85.”
“We expect full year Adjusted Operating Income of $3.20 billion, or 26% margin, growing 54% year over year.”
“We expect to continue to accelerate gross profit growth in the fourth quarter, exiting 2025 with year-over-year growth of over 19%, while delivering over 39% Adjusted Operating Income growth.”
“We expect to continue to accelerate gross profit growth in the second half of 2025 and to exit 2025 with year-over-year growth of 19%, while delivering 20% Adjusted Operating Income margin, positioni…”
In Square, our investments in distribution expansion are beginning to compound, and we expect to accelerate GPV growth for the third consecutive year, with gross profit growing roughly in line with G…
Stated in 8 of 8 supplied quarters. Management reported: “In Square, our investments in distribution expansion are beginning to compound, and we expect to accelerate GPV growth for the third consecutive year, with gross profit growing roughly in line with GPV.” “We've delivered over 20% constant currency GPV growth in each quarter for the past six years, and we expect to sustain that strength in 2027.”
We’re connecting our ecosystems in a way we never have before and are already seeing results: Neighborhoods was a key driver of Cash App scaling to 60 million monthly transacting actives in September…
Stated in 6 of 8 supplied quarters. Management reported: “We’re connecting our ecosystems in a way we never have before and are already seeing results: Neighborhoods was a key driver of Cash App scaling to 60 million monthly transacting actives in September, and there is much more we plan to do to connect local communities in the future.” “Primary Banking Actives (PBAs) grew 17% year over year as we continued our focus on building for modern earners.”
In October we began piloting Buzz with prospective customers, and we expect to generate our first machine intelligence revenue in the fourth quarter.
Stated in 7 of 8 supplied quarters. Management reported: “In October we began piloting Buzz with prospective customers, and we expect to generate our first machine intelligence revenue in the fourth quarter.” “That led to us creating Builderbot to own orchestration across Block’s entire codebase, and in June, agentic AI helped write and review nearly all of our production code changes.”
In the second quarter, we continued to scale origination volume for Borrow, our short term consumer liquidity product, while ramping origination volume for Afterpay Post-Purchase, our retroactive con…
Stated in 5 of 8 supplied quarters. Management reported: “In the second quarter, we continued to scale origination volume for Borrow, our short term consumer liquidity product, while ramping origination volume for Afterpay Post-Purchase, our retroactive consumer funded BNPL solution.” “8 Borrow origination volume grew 95% year over year in the second quarter to $18 billion on an annualized basis, 9 and we’re focused on finding more ways to use Borrow to drive deeper ecosystem engagement.”
Over the trailing year it converted 1.74x of net income into operating cash flow. Historically, Financials names rated robust grew net income 62% of the time over the next year (vs 56% for the rest of the cohort, n=6873).
Most sensitive to the broad stock market and real (inflation-adjusted) rates.
Not enough signal to read sensitivity to the US dollar, Fed net liquidity (low R² over the window).
13 material management or governance events in the past 24 months, led by executive changes. Historically, Financials names rated neutral grew net income 60% of the time over the next year (vs 58% for the rest of the cohort, n=10134).
Not investment advice. As of 2026-11-05.
“We continue to view Rule of 40 as our guiding financial framework and believe we are well positioned entering 2026.”
“We remain committed to achieving Rule of 40 in 2026 and expect to exit 2025 at or above Rule of 40 on a quarterly basis.”
“In Square, our investments in distribution expansion are beginning to compound, and we expect to accelerate GPV growth for the third consecutive year, with gross profit growing roughly in line with G…”
“We’re ramping auto enrollment across the country and testing new ways to drive density, such as auto enrolling eligible sellers and pairing that activation with dedicated account management.”
“8 We are raising our full-year guidance to reflect our strong execution and increased expectations for the remainder of the year.”
“We believe we can sustain Cash App’s strong gross profit growth and continue accelerating Square’s GPV over the next three years.”
“Year to date through September, sales-led NVA has grown by 28%, and we expect it to grow by over 40% by the end of the year.”
“We are executing on our strategic growth initiatives across Square and Cash App, accelerating GPV growth in Square and gross profit per monthly transacting active in Cash App.”
“We grew GPV 8.2% year over year on a constant currency basis in Q1 and believe we will only improve growth from here.”
“To accelerate Square’s GPV growth we’re rapidly scaling up our U.S. Account Executive and field sales teams, expanding our international sales presence, and making partnerships across vertical, horiz…”
“We’re connecting our ecosystems in a way we never have before and are already seeing results: Neighborhoods was a key driver of Cash App scaling to 60 million monthly transacting actives in September…”
“We continue to focus on scaling and expect that Neighborhoods will be one of the top attributable customer acquisition channels for Cash App in the near future.”
“We are: ● Connecting Square and Cash App to deliver more value to our sellers, their employees, and their customers ● Delivering AI tools so more sellers can put their operations and finances on auto…”
“Connecting small businesses and consumers to strengthen local communities has always been a foundational goal of Block.”
“2 We want to expand the underlying Cash App network to drive actives growth and density.”
“Block by block, we will build a new “neighborhood network” that connects sellers, buyers, staff, and artists, each positively reinforcing the other.”
“In October we began piloting Buzz with prospective customers, and we expect to generate our first machine intelligence revenue in the fourth quarter.”
“That led to us creating Builderbot to own orchestration across Block’s entire codebase, and in June, agentic AI helped write and review nearly all of our production code changes.”
“1 First, intelligence will be at the core of how the entire company works.”
“We expect the AI tools we build will be available to all our sellers across our product tiers to help every seller in the neighborhood grow and run their business better.”
“It’s the start of a broader push to bring powerful AI tools to our sellers.”
“Finally, we’re shifting the entire company to build and use agentic systems .”
“Automation. Our number one initiative on our strategic roadmap to get all of this done is to invest heavily in building applied AI tools to remove the toil of mechanical tasks for both ourselves acro…”
“In the second quarter, we continued to scale origination volume for Borrow, our short term consumer liquidity product, while ramping origination volume for Afterpay Post-Purchase, our retroactive con…”
“We’re scaling Borrow while delivering strong annualized net margins of 24% and stable risk loss in the third quarter.”
“8 Borrow origination volume grew 95% year over year in the second quarter to $18 billion on an annualized basis, 9 and we’re focused on finding more ways to use Borrow to drive deeper ecosystem engag…”
“Improvements in Cash App gross profit will be the primary driver of the overall acceleration in Block topline but we also expect to see faster growth in Square and the first gross profit contribution…”
“We’re leveraging our exceptional risk and underwriting teams to expand Cash App customer’s access to liquidity and increase spending tools at our customer’s disposal.”