Company facts
- Industry
- Services-Prepackaged Software
- Headquarters
- Oakland, California
- Most recent report
- 10-Q, filed Nov 3, 2026
- Incorporated
- Delaware
- Filings on record
- 1,002+ filings
- On EDGAR
- CIK 1512673
- Fiscal year ends
- December
- Filer status
- Large accelerated filer
Financials 8 of 21
News 8 of 61
Prospectuses and Registrations 4
Proxies 8 of 14
- PX14A6G Shareholder's own proxy material May 7, 2026
- DEFA14A Extra proxy material Apr 24, 2026
- DEF 14A Proxy statement for a shareholder vote Apr 24, 2026
- DEFA14A Extra proxy material Apr 25, 2025
- DEF 14A Proxy statement for a shareholder vote Apr 25, 2025
- DEFA14A Extra proxy material Apr 26, 2024
- DEF 14A Proxy statement for a shareholder vote Apr 26, 2024
- PX14A6G Shareholder's own proxy material May 3, 2023
Ownership 8 of 891
- 144 Notice of a proposed sale of restricted stock Nov 9, 2026
- 4 Insider reported a trade Nov 6, 2026
- 144 Notice of a proposed sale of restricted stock Nov 4, 2026
- 4 Insider reported a trade Oct 29, 2026
- 144 Notice of a proposed sale of restricted stock Oct 28, 2026
- 4 Insider reported a trade Oct 27, 2026
- 144 Notice of a proposed sale of restricted stock Oct 27, 2026
- 144 Notice of a proposed sale of restricted stock Oct 26, 2026
Other 8 of 11
- SD Conflict minerals disclosure May 26, 2026
- ARS Annual report sent to shareholders Apr 24, 2026
- SD Conflict minerals disclosure May 27, 2025
- ARS Annual report sent to shareholders Apr 25, 2025
- SD Conflict minerals disclosure May 30, 2024
- ARS Annual report sent to shareholders Apr 26, 2024
- UPLOAD Comment letter from SEC staff Jul 19, 2023
- CORRESP Reply to SEC staff Jul 10, 2023
What to read: Sep 2026 10-Q
SECSift found 5 of 13 sections worth reading, with 2 positive, 17 notable, and 7 negative flags.
Financial Statements (Item 1)
DOJ DPA accrual of $764M, workforce cut >40%, and credit loss surge are company-specific risks.Notable- Three payment processors represent 40%, 25%, and 12% of settlements receivable as of Sep 2026.
- Non-marketable equity security sold for $329.8M cash in Q2 2026; carrying value had been $423.2M.
- Revolving credit facility increased to $900M, maturity extended to 2031; undrawn as of Sep 2026.
- Warehouse facilities drawn $1.54B of $2.4B capacity; $809M available; maturities through 2029.
- Derivative lawsuit settlement agreed: $150M from insurers to Block, subject to court approval.
- San Francisco tax dispute: $114M paid under protest for bitcoin gross receipts tax; lawsuit filed.
Management's Discussion (Item 2)
Dense MD&A with major litigation accrual, loan loss surge, restructuring, and segment results.PositiveNotable- Workforce reduction of 40%+ completed in Q2 2026, with $495M total restructuring charges.
- Bitcoin revenue fell 11% in Q3 2026, but gross profit from it was only 2% of total gross profit.
- Bitcoin investment remeasured at fair value: $229.7M gain in Q3 2026, $31.6M loss YTD.
- Total debt of $5.8B includes $575M convertible notes maturing Nov 2027 and $5.2B senior notes.
- Share repurchases slowed to $700.9M in first 9 months of 2026 vs $1.5B in same period 2025.
Market Risk (Item 3)
Bitcoin investment is large and volatile; remeasurement swings are material to earnings.Risk Factors (Item 1A)
New DOJ DPA, workforce cut in Feb 2026, SEC/DOJ inquiries, and dual-class voting control.NotableNegative- In February 2026, Block announced a workforce reduction restructuring plan, increasing reliance on AI tools, which may not achieve intended benefits.
- Block expects to enter a DPA with the DOJ, requiring a monetary payment and lasting three years; breach could lead to prosecution.
- In January 2025, Block entered a settlement and consent order with state money transmission regulators over BSA/AML program issues.
Unregistered Sales and Repurchases (Item 2)
New $5B buyback authorization, $4.6B remaining, but zero repurchases in Q3 2026.
What changed: Sep 2026 vs. Jun 2026
About 2% of XYZ's Sep 2026 10-Q is new information. 14 paragraphs were added, 204 changed, and 32 removed. Below are the most important lines SECSift identified.
Changed
- Warehouse Facilities available to withdraw rose to $809.3 million from $342.5 million; aggregate facility increased to $2.4 billion from $1.5 billion.
- Available liquidity rose to $10.1 billion at Sep 30, 2026 from $8.8 billion at Jun 30, 2026.
- Cash and cash equivalents rose to $7.9 billion from $6.4 billion as of June 30, 2026.
- Loans held for investment, net rose to $4.4 billion from $3.7 billion as of June 30, 2026, driven by consumer loan growth.
- Shares withheld for taxes rose to 88 thousand shares worth $7.2 million in the three months ended September 30, 2026, from 74 thousand shares worth $4.9 million in the prior period.
- Short-term restricted cash fell to $650.4 million at Sep 30, 2026 from $821.7 million at Jun 30, 2026.
- Added risk that stablecoin de-pegging or issuer failures could reduce customer use of bitcoin features.
- Exhibit 101 now references quarter ended September 30, 2026, changed from June 30, 2026.
Everything here comes from Block, Inc.'s own filings on SEC EDGAR. The filing list is rechecked every hour. SECSift analysis was completed on Nov 3, 2026, from the 10-Q for Sep 2026.