Block’s bitcoin gross profit falls 31% after Cash App fee cuts as shares reverse initial gains

Block raised its 2026 gross profit forecast to $12.51 billion after posting record adjusted operating income.

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5.5Market Impact: 5.5/10 · Moderate
The higher the score out of 10, the bigger the expected impact on the market. Heuristic estimate — not financial advice.

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The higher the score out of 10, the bigger the expected impact on the market. Heuristic estimate — not financial advice.

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5.3Market Impact: 5.3/10 · Moderate
The higher the score out of 10, the bigger the expected impact on the market. Heuristic estimate — not financial advice.

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