You can check out more details here.
*https://s29.q4cdn.com/628966176/files/doc_financials/2025/q3/Block_3Q25_Shareholder-Letter.pdf*

i can't square (pun intended 😁) these big numbers with how rarely I see people in the real world using Bitcoin.

Assuming this is from Blocks comission of transactions, which must be small margin. Is it?

kilianbuhn

Yep!

**👀 Salt Lake City Bitcoin Meetup! Dinner at The Wing Coop; Pay via LN** *https://stacker.news/items/1277028*

I hear a lot of good things coming from square, like allowing bitcoin payments through their point-of-sale terminals. This is a positive for those looking stack bitcoin by providing goods or services.

Machiavelli23

BlokchainB

Block, Inc. (ticker XYZ), Jack Dorsey’s fintech and digital-payments giant with a significant BTC footprint, reported third-quarter earnings of $461.5 million on revenue of $6.11 billion in the period, according to its 10-Q filing with the Securities and Exchange Commission.

“Block grew gross profit 18% year over year in the third quarter, with 24% year-over-year growth in Cash App and 9% year-over-year growth in Square,” Dorsey wrote in a shareholder letter.

Shares of XYZ were down 3.7% to $70.94 at market close and down 9.6% to $64.10 after hours, according to The Block’s price page and the Wall Street Journal.

bitcoin

Stacker_Stocks

> ## Quick Take
>
> - Jack Dorsey’s Block saw nearly $2 billion in bitcoin revenue, accounting for nearly a third of its total revenues.
> - The firm’s stock, ticker XYZ, was down in after market hours after missing some key expectations.
>
> Block, Inc. (ticker XYZ), Jack Dorsey’s fintech and digital-payments giant with a significant BTC footprint, reported third-quarter earnings of $461.5 million on revenue of $6.11 billion in the period, according to its 10-Q filing with the Securities and Exchange Commission. 
>
> “Block grew gross profit 18% year over year in the third quarter, with 24% year-over-year growth in Cash App and 9% year-over-year growth in Square,” Dorsey wrote in a shareholder letter. 
>
> Shares of XYZ were down 3.7% to $70.94 at market close and down 9.6% to $64.10 after hours, according to The Block’s price page and the Wall Street Journal.
>
> **[...read more at theblock.co](https://www.theblock.co/post/377971/block-q3-earnings)**

~bitcoin

Quick TakeQuick Take