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Why Did Block’s Q2 Revenue Dip Despite Strong Cash App and Square Growth?
8:33am on Friday 8th of August, 2025 AEST
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Technology
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Why Did Block’s Q2 Revenue Dip Despite Strong Cash App and Square Growth?
8:33am on Friday 8th of August, 2025 AEST
Key Points
Q2 2025 net revenue of $6.05 billion, down 2% year-over-year
Gross profit up 14% to $2.54 billion driven by Cash App Borrow and Square Loans
Net income attributable to common stockholders of $538 million
Repurchased $1.1 billion of Class A common stock in 2025
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