This year, analysts said that wasn't the case for Block. "Block's 1Q25 results missed expectations due to weaker Cash App gross profit, despite typically strong seasonality from tax refunds ...

Analysts raised concerns about execution on new ... is targeting at least $10.22 billion in gross profit, supported by initiatives such as Cash App Borrow, Afterpay on Cash App Card, and ...

Many flagged fresh concerns around stagnant Cash App user growth, muted consumer demand and a soft ... The financial services company missed across the board — on revenue, gross profit and payment ...

The payments firm has singled out Afterpay as a driver of growth. Block saw gross profit for Cash App grow just 10% for the quarter — to $1.38 billion — compared to the same time period in 2024.

Though concerns persist ... of 9.5% gross profit growth in the second quarter appeared "incredibly conservative". SQUARE BUSINESS STRENGTH Despite weakness in Cash App, analysts said Block's ...

Shares of Block Inc. are on a downward spiral after the parent of the popular money-transfer app Cash App reported results ... after Block cut its full-year profit guidance as a result of a ...

Shares of Block plunged nearly 25% Friday, a day after the payments technology provider posted worse-than-expected results ...

President Donald Trump's trade policies have sparked concerns over ... of $2.54 billion. Its Cash App, which enables peer-to-peer mobile payments, reported gross profit growth of about 10% in ...

This case is part of a growing pattern of legal action targeting fintech companies for issues related to user rights and account handling — and many are now facing the cost of not meeting consumer ...

Many flagged fresh concerns around stagnant Cash App user growth ... company missed across the board — on revenue, gross profit and payment volume — and slashed its full-year guidance ...