• Quarterly Report for the Quarter Ended June 30, 2025
• Note check this 2025 performance vs @Summer12 from 3 years ago

Insights from the Updated Chart

• Strong Growth Trajectory: Both Cash App and Square gross profits have shown substantial growth from early 2021 through mid‑2025.
• Net Income Trend: After dipping into a loss in Q4 2021 (–$77 M), net income rebounded strongly with $190 M (Q1 2025) and $385 M (Q2 2025).
• Q2 2025 Momentum: Cash App and Square posted double-digit YoY gains in gross profit, with Cash App growing ~16% and Square ~11%. MarketWatchReuters

Projected Performance: Q3 & Q4 2025

Although Block hasn't provided explicit gross profit figures for Q3 or Q4 2025 yet, several credible outlooks suggest strong momentum:

• Block raised its full-year 2025 gross profit forecast to US $10.17 billion, up from the previous outlook of $9.96 billion. Reuters+1Reuters+1
• Management highlighted expectations for mid-teens gross profit growth in 2025, along with mid-20% operating margins, targeting the "Rule of 40" by 2026. Fitch Ratings
• Q3 2024 growth trends offer a benchmark: Cash App gross profit up 21% YoY, Square gross profit up 16% YoY. Full-year 2025 likely continues this trajectory. The Market is OpenEMARKETER

Implication: With ~14% actual growth in Q2 2025 and raised guidance, it's reasonable to project 15–18% growth in gross profit for Q3 and Q4—driven particularly by Cash App’s improving monetization.