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Block Accelerates AI-Driven Growth with 27% Q1 Profit Surge and 62% EPS Upgrade

8:38am on Friday 8th of May, 2026 AEST Technology
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Block Accelerates AI-Driven Growth with 27% Q1 Profit Surge and 62% EPS Upgrade

8:38am on Friday 8th of May, 2026 AEST
Key Points
  • 27% year-on-year gross profit growth
  • 52% adjusted diluted EPS increase to $0.85
  • AI tools boost engineering velocity and product innovation
  • Consumer Lending volume up 82% with healthy risk metrics
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