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Top analysts & firms

All analyzed callsNot limited to the selected quarter · analysts and firms with 2 or more questions

What does “challenging” mean?

Percentage of questions scored as challenging — where the analyst pushed back, pressed for specifics, or questioned management's assumptions.

Most active analysts

Analyst	Firm	Questions · challengingPercentage of questions scored as challenging — where the analyst pushed back, pressed for specifics, or questioned management's assumptions.
Darrin Peller	Wolfe Research	7 questions · 0% challenging
Tien-Tsin Huang	JPMorgan	7 questions · 0% challenging
Tim Chiodo	UBS	7 questions · 0% challenging
Dan Dolev	Mizuho Securities	6 questions · 0% challenging
Rayna Kumar	Oppenheimer	4 questions · 0% challenging
Ramsey El-Assal	Cantor Fitzgerald	4 questions · 25% challenging
Will Nance	Goldman Sachs	4 questions · 0% challenging
Harshita Rawat	Bernstein	4 questions · 25% challenging
Bryan Keane	Citigroup	4 questions · 0% challenging
Jason Kupferberg	Wells Fargo	4 questions · 0% challenging

Most active firms

Firm	Analysts	Questions · challengingPercentage of questions scored as challenging — where the analyst pushed back, pressed for specifics, or questioned management's assumptions.
UBS	1 analyst	7 questions · 0% challenging
JPMorgan	1 analyst	7 questions · 0% challenging
Wolfe Research	1 analyst	7 questions · 0% challenging
Mizuho Securities	1 analyst	6 questions · 0% challenging
Wells Fargo	2 analysts	6 questions · 0% challenging
Oppenheimer	1 analyst	4 questions · 0% challenging
Goldman Sachs	1 analyst	4 questions · 0% challenging
Bernstein	1 analyst	4 questions · 25% challenging

Quarter in detail

· FY2026 Q1

Macro Signals

→Consumer Spending↑Enterprise Spending↑AI & Tech

Block delivered Q1 gross profit of $2.91B growing 27% with adjusted diluted EPS of $0.85 up 52%, as record adjusted profitability was achieved alongside strong GP growth. FY2026 gross profit guidance was raised from 18% to 19% growth ($12.33B) with adjusted operating margin raised from 26% to 27%, and adjusted EPS was guided at $3.85 representing 62% year-over-year growth. The Cash App lending ecosystem expanded rapidly, AI-driven product velocity transformed development, and the Neighborhoods ecosystem began connecting sellers and consumers.

Key Themes7

positive📊 company

Record Adjusted Profitability With Strong GP Growth

Gross profit grew 27% YOY to $2.91 billion. Adjusted operating income increased 56% YOY to $728 million at 25% margin. Adjusted diluted EPS grew 52% YOY to $0.85, all representing all-time highs.

MarginRevenue Growth

positive📊 company

Cash App Lending Ecosystem Expanding Rapidly

Cash App GP growth was 38% YOY driven by Commerce Enablement and Financial Solutions acceleration. Consumer lending originations up 82%. Launched Afterpay Pre-Purchase and expanded BNPL into peer-to-peer and Cash App Pay.

Revenue GrowthProduct Launch

positive📊 company

Square GPV Acceleration Across All Segments

Square GPV grew 13% YOY, 11.5% constant currency. Food and beverage GPV up 21%, mid-market up 22%, international up 35%, all the strongest growth since Q1 2023. April U.S. GPV grew 9%, international 25% constant currency.

DemandGeographic Expansion

positive📊 company

AI-Driven Product Velocity Transformation

Production code changes per engineer increased more than 2.5x from January to April. Features previously scoped for 5-6 engineers over 1-2 quarters now completed by 1-2 engineers in weeks. Moneybot generally available, Managerbot live for 1 million sellers.

Cloud & AIInnovation & R&D

positive📊 company

Neighborhoods Ecosystem Connecting Sellers And Consumers

Neighborhoods expanded to $320 million in annualized GPV, up 190% since December. In April alone, added more sellers than in the entire prior history. Follower spend reaches about 10% of a seller's overall GPV after a few quarters.

Subscriber GrowthProduct Launch

positive📊 company

Diversified Go-To-Market Channels Driving NVA Growth

March and April were record months for new GPV from recently onboarded sellers. ISO partnerships scaled to 140-plus with 200% QOQ growth in new sellers. Field sales expanded to U.S., U.K., Australia and Canada. Payback period holding at 4 to 6 quarters.

Competitive DynamicsCapex Investment

mixed📊 company

GAAP Results Distorted By Restructuring Charges

Significant gap between GAAP and adjusted results driven by organizational restructuring and acquisition intangible amortization. Adjusted operating income reached $728 million at 25% margin while adjusted EPS was $0.85, both all-time highs despite GAAP losses.

Cost PressureMargin

Q&A Topicsfrequency by quarter

	Revenue Growth	Competitive Dynamics	Subscriber Growth	Credit	Innovation & R&D	Guidance Reliability	Product Launch	Margin
2024Q4	4	5	1	1	1	2	4	2
2025Q1	3	1	1	3	1	5	2	1
2025Q2	4	4	2	2	2	1	1	2
2025Q3	4	5	3	2	3		1
2025Q4	4	2	2	3	2	1		3
2026Q1	4	2	3	1	3	1	2

	'24Q4	'25Q1	'25Q2	'25Q3	'25Q4	'26Q1
Revenue Growth	4	3	4	4	4	4
Competitive Dynamics	5	1	4	5	2	2
Subscriber Growth	1	1	2	3	2	3
Credit	1	3	2	2	3	1
Innovation & R&D	1	1	2	3	2	3
Guidance Reliability	2	5	1		1	1
Product Launch	4	2	1	1		2
Margin	2	1	2		3

Analyst Q&A11 analysts · 11 questions

Andrew SchmidtKeyBanc Capital Markets

whether the spread should fully converge or whether there's a smaller persistent spread that we should be modeling

View in transcript →

Bryan BerginTD Cowen

what you're seeing in terms of any early impact on retention, cross-sell, GPV

View in transcript →

Bryan KeaneCitigroup

View Technology sector trends →View Software - Infrastructure industry trends →

Block, Inc. XYZ

Sector: Technology Industry: Software - Infrastructure

CompanyFiscal year ends DecMost recent earnings call: Aug 5, 2026 (FY2026 Q2)Est. next earnings call: Nov 3, 2026

8/ 10

FY2026 Q1Positive−1.0 vs FY2025 Q4Default view · newest free

Calendar quarter Q1 2026Earnings call May 7, 2026

FY2026 Q1 in brief

Block delivered Q1 gross profit of $2.91B growing 27% with adjusted diluted EPS of $0.85 up 52%, as record adjusted profitability was achieved alongside strong GP growth.

PositiveRecord Adjusted Profitability With Strong GP Growth
PositiveCash App Lending Ecosystem Expanding Rapidly
PositiveSquare GPV Acceleration Across All Segments

Full narrative and all 7 themes ↓

ScoringBase 6 · revenue +4.94%Transcript 0EPS +1Guidance +1Final 8

Newest quarter FY2026 Q2 is part of Pro · see what Pro adds →

Quarter

Score details · FY2026 Q1

calendar Q1 2026 · call May 7, 2026

Year over year · FY26 Q1 vs FY25 Q1: +5.0 ptsFY26 Q1 8 vs FY25 Q1 3
Analyst challenge ratePercentage of questions scored as challenging — where the analyst pushed back, pressed for specifics, or questioned management's assumptions. · all analyzed quarters: 4%

Share price · trailing year

daily closes, last 12 months — not scoped to the selected quarter · dots mark earnings calls, colored by that quarter’s score

XYZ $75.851Y -0.4%YTD +16.5%● earnings calls (score)

Sources. Tellvest earnings-call sentiment score for Block, Inc. (XYZ), FY2026 Q1: 8/10. Scores: Block, Inc.’s public earnings-call transcripts and SEC-reported results — the base band is anchored to reported GAAP revenue growth; transcript, EPS and guidance adjustments are applied separately (documented exceptions apply to a few issuers). Price: XYZ daily closing prices for the trailing year; dots mark earnings calls, colored by that quarter’s score; the newest quarter’s score is part of Tellvest Pro. How to read a company earnings-call score.

Key financials

FY2026 Q1 selectedReported GAAP figures from SEC filings

The table scrolls sideways. Swipe it, or select it and use the arrow keys.

Quarter	Revenue	Rev YoY	EPS	EPS YoY	Gross margin	Op margin	Net margin	FCF
FY2024 Q4	$6.03B	+4.5%	$3.04	+985.7%	38.3%	0.2%	32.3%	$-13M
FY2025 Q1	$5.77B	-3.1%	$0.30	-59.5%	39.7%	5.7%	3.3%	$101M
FY2025 Q2	$6.05B	-1.6%	$0.87	+180.6%	41.9%	8.0%	8.9%	$343M
FY2025 Q3	$6.11B	+2.3%	$0.74	+64.4%	43.5%	6.7%	7.5%	$1.40B
FY2025 Q4	$6.25B	+3.6%	$0.19	-93.8%	45.9%	7.8%	1.9%	$580M
FY2026 Q1Selected	$6.06B	+4.9%	$-0.52	-273.3%	48.0%	-2.8%	-5.1%	$935M
FY2026 Q2	$6.62B	+9.3%	$0.15	-82.8%	47.8%	6.7%	1.3%	$967M

As stated by management

Management’s own words, often on a non-GAAP, constant-currency, or adjusted basis — so these can differ from the GAAP figures above (e.g. constant-currency revenue growth excludes currency swings).

EPS: “adjusted diluted EPS grew 52% year-over-year to $0.85”
Revenue: “Gross profit grew 27% year-over-year to $2.91 billion in the first quarter”
Guidance: “We now expect $12.33 billion in gross profit in 2026 or 19% year-over-year growth, up 1 percentage point from our prior expectations”
Key metric: “Cash App gross profit growth was 38% year-over-year in the first quarter”

Industry Peersas of Q1 2026

Software - Infrastructure

Company	Score	Rev YoY	Headline
XYZ Block, Inc.	8	+4.9%	Record Adjusted Profitability With Strong GP Growth
ADBE Adobe Inc.	7	+12.0%	Strong Q1 Revenue of $6.4B With Subscription Growth Accelerating
AKAM Akamai Technologies	6	+5.8%	Landmark $1.8 Billion Seven-Year CIS Deal with Frontier Model Company
CPAY Corpay	8	+25.4%	Blowout Q1 with 25% revenue and 29% EPS growth
CRWD CrowdStrike	9	+23.3%	CrowdStrike closed FY2026 with Q4 revenue of $1.31 billion, up 23% and exceeding guidance, while ending ARR crossed the $5 billion milestone
CRWV CoreWeave, Inc. Class A Common Stock	8	+111.7%	CoreWeave's first quarter of 2026 delivered record bookings of more than $40 billion, lifting contracted revenue backlog to $99.4 billion, and revenue of approximately $2.1 billion, up 112% year-over-year, as active power surpassed 1 gigawatt
FFIV F5, Inc.	8	+11.0%	F5 grew revenue 11% to $812 million, led by 22% product growth, its seventh consecutive quarter of double-digit product growth, with systems revenue up 26% to $226 million and software up 17% to $184 million
FTNT Fortinet	10	+20.1%	Fortinet delivered 20% revenue growth with EPS surging 29% as AI-driven security demand accelerated and OT security billings surged over 70%
GDDY GoDaddy	7	+6.1%	Revenue grew 6% with EBITDA margin expanding 210 basis points to 33%
GEN Gen Digital	6	+27.0%	Revenue crosses $5 billion for first time with 10th consecutive EPS beat
IOT Samsara Inc.	10	+28.3%	Samsara closed FY2026 with $1.9 billion in ARR, up 30% year-over-year, and added $145 million of net new ARR in Q4 (up 33% year-over-year), its third consecutive quarter of accelerating net new ARR growth
MDB MongoDB, Inc.	9	+26.8%	MongoDB closed fiscal 2026 with total revenue of $695 million, up 27% year-over-year and above the high end of guidance, led by Atlas growth of 29% as it crossed a $2 billion run rate and non-Atlas growth of 20%, its best quarter in two years
MSFT Microsoft Corporation	9	+18.3%	Microsoft delivered revenue of $82.9 billion, up 18%, with Azure growing 40% in constant currency against an accelerating prior-year comparison and the AI business surpassing $37 billion in annualized revenue growing 123%
NET Cloudflare, Inc.	10	+33.5%	Revenue accelerates to 34% with record sales productivity
ORCL Oracle Corporation	9	+21.7%	First 20%+ Organic Revenue and EPS Growth in 15 Years
PANW Palo Alto Networks	6	+14.9%	Record Q2 platformizations with broad-based organic strength
PATH UiPath Inc.	9	+13.6%	UiPath closed fiscal 2026 with fourth quarter revenue up 14% to $481 million (10% FX-neutral) and ARR of $1.853 billion, up 11%, while delivering its first full year of GAAP profitability on $282 million of GAAP net income
PLTR Palantir Technologies	10	+84.7%	Palantir delivered record Q1 revenue growth of 85% year-over-year to $1.633 billion, with US revenue surpassing 100% growth for the first time
SNPS Synopsys	7	+65.5%	Strong Q1 with Revenue at High End of Guidance
TWLO Twilio Inc.	10	+20.0%	Twilio's GAAP EPS rose to $0.57 from $0.12 a year earlier, and CFO Aidan Viggiano said on the Q1 call that nothing unusual lifted the 8% GAAP operating margin, crediting non-GAAP profit growth, lower stock-based compensation and declining intangible amortization
VRSN Verisign	7	+6.6%	Record Domain Base at 176.1 Million Names
ZS Zscaler	9	+25.9%	ARR Grows 25% to $3.4B with Organic Net New ARR Accelerating

Shared themes this quarter

XYADAKCPCRCRFFFTGDGEIOMDMSNEORPAPAPLSNTWVRZS

Revenue growth

XYADAK

Macro signal alignment

AI & tech

↑ XYZ↑ ADBE↑ AKAM↑ CRWD↑ CRWV↑ FFIV↑ FTNT↑ GDDY GEN MDB↑ MSFT↑ NET↑ ORCL↑ PANW↑ PATH↑ PLTR↑ SNPS

Top analysts & firms

Most active analysts

Most active firms

Quarter in detail

Q&A Topicsfrequency by quarter

Corporate events

Block, Inc. XYZ

Score details · FY2026 Q1

Share price · trailing year

Key financials

As stated by management

Who’s talking about XYZ