BLOCK(SQ) - 2024 Q2 - Quarterly Results

USSESSI BLOCK 02 2024 Shareholder Letter investors.block.xyz Exhibit 99.1 To Our Shareholders August 1, 2024 We're currently on track to reach Rule of 40 by 2026, with Adjusted Operating Income margins expanding significantly year over year for both Square and Cash App. We're continuing to build a strong foundation to improve our growth into 2025, and today we want to discuss our plans for improving Square's go to market approach. There are four parts to this: sales, partnerships, marketing, and most import ...