Block Inc.’s Cash App continues to be a pivotal growth driver, reporting a 24% year-over-year increase in gross profits during Q3 2025, contributing to an overall gross profit of $2.66 billion for the company, up 18% from last year. With 58 million monthly active users, Cash App focuses on enhancing user experiences and reducing friction, boosting engagement. The app’s gross profit per monthly transacting active user reached $94, a 25% increase year-over-year. Additionally, Block’s introduction of post-purchase Buy Now, Pay Later products has generated $3 billion in annualized originations, indicating robust growth. Square’s gross profit grew 9% year-over-year, benefiting from strong performance in the food and beverage sector. Block’s investment in AI aims to optimize growth for sellers. Analysts view these developments favorably, predicting modest acceleration in gross payment volumes, particularly internationally. With steady innovation, Square remains resilient against competitive pressures, positioning itself strategically in the market.
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