---
title: "Block Inc. shares rise 6% after-hours as it raises full-year profit forecast"
url: https://thecoingazette.com/block-inc-shares-rise-6-after-hours-as-it-raises-full-year-profit-forecast/
date: 2026-11-04
modified: 2026-11-04
lang: en
author: "Coin Gazette Editorial"
description: "Block raised its full-year gross profit forecast to $12.63 billion, which would represent a 22% year-on-year growth."
categories:
  - "Crypto News"
tags:
  - "crypto"
  - "cryptocurrencies"
  - "Defi"
  - "Market Trends"
  - "News"
word_count: 17
---

# Block Inc. shares rise 6% after-hours as it raises full-year profit forecast

Block raised its full-year gross profit forecast to $12.63 billion, which would represent a 22% year-on-year growth.