Block is set to report second-quarter 2026 results on Aug. 5 after market close, and Wall Street is looking for 86 cents in adjusted EPS on $6.54 billion in revenue. For investors tracking XYZ stock, that makes the next earnings release the near-term test of whether the company kept its momentum through the quarter.
The consensus mark for EPS has not moved in the past 30 days, which leaves the 86-cent estimate sitting where it was while the market waits for the numbers. That estimate also points to a 38.71% increase from a year earlier, while revenue is expected to rise 7.96% from the same period last year. For the full year, the Zacks Consensus Estimate for Block calls for EPS of $3.90 and revenue of $26.14 million, a figure that appears far smaller than the quarterly sales outlook because the estimate is presented as written in the data.
Management is heading into the report with its own targets in place: gross profit of $3.04 billion, adjusted operating income of $740 million and adjusted EPS of 86 cents. Those goals matter because the company is asking the market to judge more than a single quarter; it is also asking whether Cash App and Square kept feeding the broader business the way leadership wants, and whether Bitcoin added the kind of volatility that can move results around.
The hard part is that the usual earnings-beat setup is not especially strong here. Block carries an Earnings ESP of 0.00% and a Zacks Rank #3, a combination that does not line up as a clear signal for an upside surprise. Over the trailing four quarters, Block beat the Zacks Consensus Estimate twice, met it once and missed it once, with an average beat of 3.51%, so the record is mixed rather than decisive.
That leaves Aug. 5 as the date that matters. If Block lands near its own 86-cent target and backs it with the expected revenue gain, the quarter will support the case that early-year momentum carried through. If it falls short, the market will have to decide whether the shortfall is a temporary wobble or a sign that the company’s targets ran ahead of execution.
