Latest Block News & Updates

See the latest news and media coverage for Block. We track all announcements, press releases, and industry mentions in real time, all in one place.

Company icon
Block

Technology for economic empowerment

block.xyz
Headquarters
Oakland, United States
Company type
Public company
Number of employees
10,000+

Last updated

Latest news about Block

In short: Block reported a mixed first quarter with a $308.7 million net loss despite beating adjusted profit targets and raising its annual growth outlook.

Company announcements

  • Block

    Block announces Q1 2026 results

    Results are posted on the Investor Relations website. A conference call and webcast are scheduled for 2:00 p.m. PT today.

  • Block

    Block explains how it uses AI to protect customers

    It describes AI-driven fraud detection, governance controls, third-party requirements, and Cash App scam warnings that helped prevent over $3.5 billion in potential scams.

  • Block

    Block launches Bitkey wallet and bitcoin features

    It introduces a touchscreen Bitkey hardware wallet, automatic bitcoin earning in Cash App, Proof of Reserves, NFC tap-to-pay demo, and preorder availability for Bitkey.

  • Block

    Square expands Managerbot to more sellers

    Managerbot, in open beta, monitors operations, automates tasks, and requires seller approval. It aids sales, inventory, scheduling, and marketing for small businesses.

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Media coverage

  • Seeking Alpha

    Block Q1: I Believe Dorsey (Upgrade)

    High gross profits are great for something else: EBITDA. Block's adjusted figure looks great in Q1, cresting $1B for the first time and posting a...

  • Law360

    Block Sets Aside $240M Amid Talks To Settle DOJ Probe - Law360

    Jack Dorsey's Block Inc. has reserved $240 million as it works to settle a U.S. Department of Justice investigation tied to short-seller allegations that it...

  • Yahoo Finance

    Jack Dorsey touts Block's AI-driven restructuring

    The payments company posted strong adjusted earnings following a dramatic downsizing, which management attributed to the influence of artificial intelligence.

  • Reuters

    Block raises annual gross profit outlook as Cash App stands out

    Jack Dorsey-led Block raised its full-year outlook on Thursday as the payments firm benefited from resilient consumer spending and strong growth in its core businesses.

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