Block Projects $15.8 Billion Gross Profit by 2028 in Investor Day Outlook

Block projects gross profit of $15.8 billion by 2028, driven by mid-teens annual growth in its Cash App and seller ecosystem, including crypto services. This outlook follows its investor day, aiming to boost adjusted operating income to $4.6 billion amid strategic expansions in AI tools and lending products. Block’s 2028 gross profit target stands at