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What covered companies filed with the SEC, day by day.
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Block announced a workforce reduction plan expected to reduce its current workforce by more than 40%, with approximately $450 million to $500 million in charges, mostly incurred in the first quarter of fiscal 2026.¶2¶3
For the fourth quarter, Block reported gross profit of $2.87 B, operating income of $485 million, diluted EPS of $0.19, and Adjusted Diluted EPS of $0.65.¶4¶5¶6¶7¶8
For fiscal 2025, Block reported gross profit of $10.36 B, operating income of $1.71 B, diluted EPS of $2.10, and Adjusted Diluted EPS of $2.37.¶9¶10¶11¶12¶13
Block raised 2026 guidance to $12.20 billion of gross profit and $3.20 billion of Adjusted Operating Income, or 26% margin.¶14
