Block Inc.: Expansion Of the Square Ecosystem through Unified Interface & Network Density & Other Major Drivers!

Block, Inc., formerly known as Square, presented its financial results for the first quarter of 2025. The company showcased both progress and challenges in its ongoing business strategies. The overall gross profit stood at $2.29 billion, reflecting a 9% year-over-year increase. Square’s gross profit grew by 9% year-over-year, driven by a 7.2% growth in gross payment volume (GPV), with constant currency GPV growth at 8.2%. This growth was attributed to strong product and go-to-market strategies, including innovations such as more advanced Square Online features and food delivery integrations, which helped expand Square’s market share.