"Block's Q4 2025 earnings report revealed an adjusted EPS of $0.65, exceeding the consensus estimate of $0.6393, while revenue was $6.25 billion, reflecting a year-over-year increase of 3.64%. The gross profit of $2.87 billion marked a significant 26.14% rise year over year, with Cash App gross profit alone increasing by 33%."
"The announcement of cutting the workforce from over 10,000 employees to under 6,000, a reduction of over 40%, was framed by CEO Jack Dorsey as a strategic move towards an AI-native transformation. Dorsey emphasized the need for discipline rather than distress in this decision."
Block's stock increased by 6% following strong Q4 fiscal 2025 results, a significant workforce reduction, and positive analyst sentiment. The Q4 earnings report showed an adjusted EPS of $0.65, surpassing estimates, while revenue reached $6.25 billion. Gross profit rose 26.14% year over year, with Cash App gross profit increasing by 33%. The company announced a workforce reduction of over 40%, cutting its employees from more than 10,000 to under 6,000, as part of an AI-native transformation strategy.
Read at 24/7 Wall St.
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