Block Stock Drops After Q3 Earnings Miss Estimates: Details

Author: Erica Kollmann | November 06, 2025 05:03pm

Block, Inc. (NYSE:XYZ) shares fell after the company released its third-quarter earnings report after Thursday's closing bell, missing analyst estimates. 

Here's a look at the details in the report. 

• XYZ stock is moving. See the real-time price action here.

The Details: Block reported quarterly earnings of 54 cents per share, which missed the consensus estimate of 67 cents.

Quarterly revenue came in at $6.11 billion, which missed the Street estimate of $6.312 billion.

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Block reported the following Q3 highlights:

• In the third quarter, Square GPV grew 12% year-over-year, with U.S. GPV growing 8.9% and International GPV growing 26%.
• In the third quarter, Cash App's gross profit per monthly transacting active grew 25% year over year to $94.16.
• Monthly transacting actives grew to 58 million, with primary banking actives growing 18% year over year to 8.3 million, up from 8 million in the second quarter.
• Cash App hit 58 million monthly actives in September.

“We had another strong quarter delivering for our customers with high quality and high velocity. Square GPV growth accelerated to 12% and we gained profitable market share through product innovation and expanded distribution. Cash App gross profit growth accelerated to 24%, and in September, we hit 58 million Cash App monthly actives,” Block CEO Jack Dorsey wrote in a letter to shareholders.

Outlook: Block raised fiscal 2025 gross profit outlook to $10.243 billion, reflecting growth of over 15% year-over-year.

XYZ Stock Price: According to data from Benzinga Pro, Block stock was down 10.08% at $63.80 in Thursday's extended trading. 

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Posted In: XYZ