Block's Q2'26 Cash App Profit Jumps 31%: Can It Sustain Growth?
Block's Cash App gross profit rose 31% in Q2 2026, driven by deeper user engagement and growth in lending. However, rising losses and costs were cited as challenges to sustaining this momentum.
Why it matters — Cash App is a key growth engine for Block, so watchers will track whether its stronger profitability and lending gains can offset mounting losses and costs.