Cash App — Gross Profit
Block Cash App — Gross Profit increased by 4.2% to $1.91B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 38.3%, from $1.38B to $1.91B. Over 2 years (FY 2023 to FY 2025), Cash App — Gross Profit shows an upward trend with a 21.1% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
Higher gross profit indicates strong unit economics and effective monetization of the user base, whereas declining profit suggests rising service costs or pricing pressure.
Detailed definition
This is the residual profit after deducting direct costs of revenue from the total revenue generated by the consumer fin...
Peer comparison
Comparable to segment-level gross profit for digital financial services and consumer-facing fintech platforms.
xyz_segment_cash_app_gross_profitHistorical Data
| Q2 '21 | Q3 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $546.05M | $511.72M | $623.66M | $704.89M | $774.47M | $931.24M | $968.05M | $983.86M | $1.44B | $1.26B | $1.30B | $1.31B | $1.38B | $1.38B | $1.50B | $1.62B | $1.83B | $1.91B |
| QoQ Change | — | -6.3% | +21.9% | +13.0% | +9.9% | +20.2% | +4.0% | +1.6% | +46.4% | -12.6% | +3.2% | +0.5% | +5.3% | +0.3% | +8.7% | +8.2% | +12.8% | +4.2% |
| YoY Change | — | — | — | +29.1% | +51.3% | +49.3% | +37.3% | +27.0% | — | +35.1% | +34.2% | +32.7% | -4.5% | +9.6% | +15.5% | +24.4% | +33.1% | +38.3% |
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Frequently Asked Questions
- What is Block's cash app — gross profit?
- Block (XYZ) reported cash app — gross profit of $1.91B in Q1 2026.
- How has Block's cash app — gross profit changed year-over-year?
- Block's cash app — gross profit increased by 38.3% year-over-year, from $1.38B to $1.91B.
- What is the long-term trend for Block's cash app — gross profit?
- Over 2 years (2023 to 2025), Block's cash app — gross profit has grown at a 21.1% compound annual growth rate (CAGR), from $4.32B to $6.34B.
- What does cash app — gross profit mean?
- The profit remaining from the consumer financial segment after subtracting direct service costs.