Block Shares Multi-Year Financial Outlook at Investor Day

Core Insights - Block, Inc. is presenting a three-year financial outlook during its 2025 Investor Day, focusing on profitable growth and operational efficiency across its ecosystems, including Cash App and Square [1][3] Financial Guidance - For 2026, Block anticipates a 17% year-over-year growth in gross profit, reaching $11.98 billion, with Adjusted Operating Income and Adjusted Earnings per Share projected to grow over 30% to $2.70 billion and $3.20 respectively [2] - Non-GAAP Cash Flow is expected to be 20% of gross profit, amounting to $2.40 billion for 2026 [2] - The company has announced a $5 billion increase to its share repurchase program, with approximately $1.1 billion remaining under the previous $4 billion authorization as of September 30, 2025 [2] Long-Term Projections - Gross profit is expected to grow in the mid-teens annually through 2028, reaching approximately $15.8 billion [6] - Adjusted Operating Income is projected to grow about 30% annually, reaching $4.6 billion by 2028 [6] - Adjusted Earnings Per Share is expected to grow in the low 30% range annually through 2028, targeting $5.50 [6] - Non-GAAP Cash Flow is anticipated to reach 25% of gross profit by 2028, exceeding $4.0 billion [6] - The company aims to achieve the Rule of 40 by 2026 and maintain it through 2028 [6] Strategic Focus - The company emphasizes the strength of its interconnected ecosystems and its commitment to innovation, aiming to drive product velocity and serve more customers [3]