Cash App and Square Drive Profit Growth

[AIcash]

Despite the earnings miss, Block’s core businesses showed strong growth.

Gross profit: up 18% YoY to $2.66B

Cash App: profit up 24% to $1.62B

Square: up 9% to $1.018B
Operating income rose 26% YoY to $409M, signaling ongoing resilience in Block’s ecosystem.
#Block #CashApp #Square #Earnings

[Rimon Khan]

Their fintech strategy is aging well — ecosystem synergy in full swing.

[Abdul Khan]

Cash App becoming the backbone of retail crypto flow.