CashApp Monthly Actives

Gross Payment Volume

Revenue segments as reported by the company.

Transactions

Subscriptions & Services

Hardware

Bitcoin

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Product Development

Sales & Marketing

General & Administrative

Transaction, Loan & Advance Losses

Bitcoin impairment losses

Amortization of acquired customer assets

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Block

Cash App (formerly known as Square Cash) is a mobile payment service developed by Square, Inc., allowing users to transfer money to one another using a mobile phone app. As of February 18, 2018, the service recorded 7 million active users.

Square Cash

Block, Inc. engages in creating ecosystems for distinct customer audiences. It operates through the Square and Cash App segments. The Square segment provides businesses the ability to accept card payments. The Cash App segment offers an ecosystem of financial products and services to help consumers manage their money. The company was founded by Jack Patrick Dorsey and James Morgan McKelvey in February 2009 and is headquartered in Oakland, CA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Block (SQ) targets $1.3B EBITDA in 2023, Cash App growth

Block (SQ) is focused on achieving Rule of 40 on adjusted operating income, with a target of over 100% gross profit retention. The company is strategically aligning external disclosures with internal operations and emphasizing customer retention and real cost accountability.

Square (SQ) excels in Q1 2023, eyes global growth opportunities

Block (SQ) delivered strong Q1 2023 results with growth in key financial metrics and a positive outlook for the full year. The company's focus on profitability, compliance, and strategic growth areas positions it well for future success. Addressing challenges around risk management and sustaining growth will be crucial moving forward.

Block (SQ) reports stellar Q2 earnings, eyes growth in Cash App and strategic partnerships

Block (SQ) delivered robust Q2 2023 results with strong gross profit growth and increased profitability guidance for the year.
Cash App's performance and expansion into new demographics highlight growth potential and strategic partnerships.
Operating leverage strategies are being employed to enhance efficiency and optimize costs for sustained growth.
Challenges lie in maintaining growth momentum, disciplined risk management, and navigating competitive fintech landscape.

Square reports solid Q3 performance, eyes growth through innovation

Square's Q3 performance showcased growth in key metrics despite challenges, with a strategic focus on innovation, efficiency, and capital allocation for future success.
Cash App's evolution into a banking relationship and Square's commitment to Bitcoin highlight opportunities for expansion and leadership in digital payments.
Challenges such as system outages, macro trends impacting growth, and cost optimization require strategic adaptation and disciplined execution for sustained success.
Overall, Square's performance, strengths, challenges, and opportunities position the company well for future growth and leadership in the digital payments landscape.

Block (SQ) posts impressive Q4 earnings, eyes international expansion

Block (SQ) reported strong financials for Q4 2023, with a focus on product innovation, banking relationships, and growth opportunities. Despite challenges in certain segments, Square remains optimistic about future growth and new product launches.

Block (SQ) reports robust Q1 results, raises full-year guidance

Block (SQ) Q1 2024 earnings call highlighted strong financial performance, raised full-year guidance, and emphasized compliance efforts. The company is on track with key initiatives like Afterpay integration and product enhancements.

Square reports stellar Q2 earnings, eyes sustainable growth strategies

Square's Q2 2024 earnings call showcased robust financial performance, marked by significant growth in gross profit, EBITDA, and operating income.
The company's strategic initiatives, including reorganization, share repurchase program, and increased guidance, reflect a strong focus on long-term value creation.
While facing challenges in operational execution and market dynamics, Square remains well-positioned to capitalize on growth opportunities and drive shareholder value.
By balancing growth and profitability, Square aims to achieve sustainable success and deliver value to both investors and customers.

Square (SQ) posts strong Q3 results, eyes growth amid challenges

Block (SQ) delivered a robust performance in Q3 2024, with strong financial metrics and raised guidance for the full year, signaling confidence in future prospects.
While facing challenges such as increased expenses and regulatory impacts, Square's focus on growth opportunities like expanding margins and product strategies positions it well for future success.
Strategic initiatives around sales, marketing, efficiency gains, and product innovation underscore Square's commitment to sustainable growth and market leadership.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Block (SQ) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

All You Need to Know About Block (SQ) Rating Upgrade to Buy

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?

Block (SQ) Is Considered a Good Investment by Brokers: Is That True?

Advanced Micro Devices

Intel

NXP Semiconductors

Palantir Technologies

Tower Semiconductor

For investors hoping to ride the next wave of growth in the tech sector, spotting good prospects is essential. The tech industry provides many development opportunities, from semiconductor giants redefining vehicle electronics to artificial intelligence (AI) advancements transforming user experiences.

Tech Boom 2.0: 7 Stocks That Will Dominate the Next Surge

Ally Financial

SoFi Technologies

At the end of April, Bloomberg reported that C6, a Brazilian digital bank backed by JP Morgan Chase (NYSE: JPM ), delivered its first quarterly profit in the first quarter of 2024. While it's not a public company yet, there are digital bank stocks to buy that are.

3 Digital Bank Stocks to Buy Now

An analyst downgrade sent Block shares lower in early April. Falling Bitcoin prices also pulled Block lower, thanks to its association with the cryptocurrency.

Why Block Shares Dropped 14% in April

Coinbase

MicroStrategy Incorporated

The outlook for cryptocurrencies seems to change like the weather. Only a month ago, the whole world was bullish on crypto as a Bitcoin ( BTC-USD ) halving event approached, when the available supply of BTC that can be mined is reduced by 50%.

Stock Market Crash Warning: Don't Get Caught Holding These 3 Blockchain Stocks

DISTRIBUTED-WORK-MODEL/OAKLAND, Calif.--(BUSINESS WIRE)--Block, Inc. (“Block”) (NYSE: SQ) today announced the pricing of $2.0 billion principal amount of its 6.50% senior notes due 2032 (the “Notes”) in a private placement to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Act”) and outside the United States to non-U.S. persons pursuant to Regulation S under the Act. The aggregate principal amount of the o.

Block, Inc. Announces Upsize and Pricing of $2.0 Billion Offering of Senior Notes

Adjusted EPS of $0.85 was above the $0.72 estimate. Total net revenue reached $5.96 billion, surpassing the anticipated $5.83 billion.

Block Q1 EPS, Revenue Top Expectations

DISTRIBUTED-WORK-MODEL/OAKLAND, Calif.--(BUSINESS WIRE)--Block, Inc. (“Block”) (NYSE: SQ) today announced its intention to offer, subject to market conditions and other factors, approximately $1.5 billion aggregate principal amount of senior notes (the “Notes”) in a private placement to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Act”) and outside the United States to non-U.S. persons pursuant to Regul.

Block, Inc. Announces $1.5 Billion Offering of Senior Notes

PayPal

Block generated nearly $10 billion in revenue last year from Bitcoin-related transactions. PayPal has recently launched its own stablecoin, designed for payments.

Forget Spot Bitcoin ETFs: These 2 Stocks Offer Safer Ways to Invest in Crypto

LOS ANGELES, CA / ACCESSWIRE / May 6, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Block, Inc. ("Block" or "the Company") (NYSE:SQ) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Block, Inc. and Encourages Investors to Contact the Firm

Block Inc. (NYSE: SQ), Square's and Cash App's parent company, opened May 4 with staggering gains following a positive earnings report. However, Jack Dorsey's company stock retraced its gains as the day went on, closing the Friday with 10% losses.

‘Wild swing': Jack Dorsey's company stock erases staggering gains on Friday

Block's (SQ) first-quarter results benefit from the solid momentum across the Square and Cash App ecosystems.

Block (SQ) Q1 Earnings & Revenues Beat Estimates, Rise Y/Y

Block Inc (NYSE:SQ) reported better-than-expected results for the first quarter of CY24, prompting Wedbush to be optimistic about Block's performance and strategic initiatives. In particular, analysts at the research house were bullish about the strong performance of its CashApp platform and its focus on improving profitability and user experience across its various segments.

Block earnings boosted by better-than-expected CashApp performance: analysts

Fintech stock Block Inc  (NYSE:SQ) is up 3.8% to trade at $72.98 at last check, after the company announced better-than-expected first-quarter earnings of 85 cents per share on $5.96 billion in revenue.

Block Stock Higher on Quarterly Beat, Forecast

Jack Dorsey is doubling down on Bitcoin at Block.

Block Crushes Earnings and Doubles Down on Bitcoin. Here's What It Means for Investors

The payments fintech, which is the parent company of payments company Square, topped quarterly estimates and boosted guidance in its earnings report.

Block Stock Jumps. What's Got Wall Street Excited After Earnings.

Fortinet

Cloudflare

Palo Alto Networks

Tech stocks looked set to continue their momentum Friday. A boost for Apple's shares was helping.

Cloudflare, Block, Fortinet, Palo Alto, and Other Tech Stocks in Focus Today

Nasdaq

This morning, stock prices for cryptocurrency exchange platform company Coinbase Global Inc are up almost 9% in pre-market trading. Meanwhile, cryptocurrency-focused financial services company Block Inc (which allows clients to transact and invest in stocks using Bitcoin) has enjoyed a similar surge in price.

Coinbase (Nasdaq: COIN) and Block Inc. (NYSE: SQ) stock prices are up, but is the crypto party over?

While the top- and bottom-line numbers for Block (SQ) give a sense of how the business performed in the quarter ended March 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Here's What Key Metrics Tell Us About Block (SQ) Q1 Earnings

Block, owner of Cash App and Square, is also a huge owner of bitcoin.  This, as the company's latest first quarter 2024 earnings results revealed that the company's $200 million investment in bitcoin grew by around 160% and stood at $573 million at the quarter's end.

Block Sees Both Banking and Bitcoin Driving Future Growth

Apple

While Apple mildly beat estimates, Block, Coinbase, Booking and Expedia all crushed expectations.

Big Quarterly Beats After the Bell: AAPL, SQ, COIN & More

Block (SQ) came out with quarterly earnings of $0.85 per share, beating the Zacks Consensus Estimate of $0.62 per share. This compares to earnings of $0.40 per share a year ago.

Block (SQ) Tops Q1 Earnings and Revenue Estimates

Cash App parent company Block announced Thursday in its first quarter earnings report it will begin putting 10% of its gross profit from bitcoin products into bitcoin purchases, furthering the fintech conglomerate's multi-hundred-million dollar investment into the cryptocurrency.

Jack Dorsey's Block Will Invest 10% Of Its Bitcoin Product Profit Into Bitcoin Purchases

Block Inc (NYSE:SQ) shares bounced afterhours on Thursday as the financial services company's strong first quarter financial results impressed investors.   For Q1, the Cash App and Square owner posted a 19% jump year-over-year in revenue to $5.96 billion, ahead of estimates of $5.75 billion.

News for Block Stock (SQ)