Core Insights - Block reported revenue of $6.05 billion for the quarter ended June 2025, a decrease of 1.6% year-over-year, and EPS of $0.62, down from $0.93 in the same quarter last year [1] - The revenue fell short of the Zacks Consensus Estimate of $6.32 billion by 4.17%, while the EPS exceeded the consensus estimate of $0.60 by 3.33% [1] Financial Performance Metrics - Gross Payment Volume (GPV) reached $66.62 billion, surpassing the average estimate of $66.11 billion [4] - GPV for Square was $64.25 billion, exceeding the average estimate of $63.59 billion, while Cash App's GPV was $2.37 billion, below the estimate of $2.52 billion [4] - Subscription and services-based revenue was $2.05 billion, slightly above the average estimate of $2.03 billion, reflecting a year-over-year increase of 14.8% [4] - Hardware revenue was reported at $40.42 million, slightly above the average estimate of $40.26 million, but showed a year-over-year decline of 5.9% [4] - Transaction-based revenue totaled $1.82 billion, slightly above the average estimate of $1.81 billion, with a year-over-year increase of 6.1% [4] - Bitcoin revenue was $2.14 billion, below the average estimate of $2.52 billion, representing a year-over-year decline of 17.9% [4] - Cash App transaction-based revenue was $60.52 million, significantly lower than the estimated $69.47 million, marking a 38.8% decrease year-over-year [4] - Square transaction-based revenue was $1.76 billion, slightly above the average estimate of $1.74 billion, with an 8.9% year-over-year increase [4] - Square subscription and services-based revenue was $369.29 million, slightly below the average estimate of $369.92 million, reflecting a year-over-year increase of 14.5% [4] - Square hardware revenue was $40.1 million, below the average estimate of $41.15 million, showing a year-over-year decline of 6.4% [4] Stock Performance - Block's shares have returned +10.3% over the past month, outperforming the Zacks S&P 500 composite's +1.2% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]