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2 results for “gross profit”
SPIN Processed News Frame: The Cushion
Fintech Firm Block’s ($XYZ) Bitcoin Gross Profit Declines Following Cash App Fee Reductions
Block reported a 31% year-over-year decline in Bitcoin Ecosystem gross profit in Q2 2026, driven by Cash App fee reductions, signaling reduced monetization of its Bitcoin infrastructure.
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Crowdfund Insider
Aug 6, 2026
SPIN Processed News Frame: The Cushion
Block reports Q2 revenue up 9% YoY to $6.62B, vs. $6.49B est., Cash App gross profit up 31% to $1.97B, and raises its FY 2026 gross profit forecast (Manya Saini/Reuters)
Block reported stronger-than-expected Q2 2024 financial results, with revenue up 9% year-over-year to $6.62B and Cash App gross profit up 31% to $1.97B, prompting an upward revision of its FY 2026 gross profit forecast.
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Techmeme
Aug 6, 2026