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

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Earnings data Q1 2022

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Earnings data Q4 2022

Earnings data Q1 2023

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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

Alibaba

JD.com

Dr. Michael Burry, a legendary investor played by Christian Bale in “The Big Short,” is an investment legend. He's the type of independent-thinking investor who's more than willing to place massive contrarian bets for a shot at even outsized rewards.

3 Michael Burry Stocks That Reek of Deep Value

Robinhood

Interactive Brokers

NVIDIA

Stocks like Interactive Brokers Group, Inc. (IBKR), NVIDIA Corporation (NVDA), Block Inc. (SQ) and Robinhood Markets, Inc. (HOOD) are likely to gain once the Bitcoin rally resumes.

4 Stocks in Focus as Bitcoin Attempts to Make a Solid Rebound

Block has executed well in its renewed strategy and focus on operational efficiency, sustaining growth and improving profitability in Q2. Square and Cash App remain high quality businesses with several growth verticals and large addressable markets. SQ's centralized sales approach and focus on product development should help rekindle growth.

Block: Refined Strategy, Improved Profitability, Cheap Valuation

Affirm

Coinbase

Fintech looks to be the next big thing. It is incorporating elements from every sector, from hardware (card readers) to software (online payment processing) and now AI in fraud detection.

3 Fintech Stocks to Sell in August Before They Crash & Burn

Global Payments

PayPal

Payments innovation is all around us, and its importance in digital transformation cannot be overstated. The post-pandemic landscape has seen an acceleration toward a cashless society at a rapid rate.

The 3 Best Digital Payment Stocks to Buy in August 2024

Block reported better than expected results for Q2, driven by Cash App strength. Cash App segment generated 24% Y/Y growth and Block's adjusted EBITDA is surging. The Fintech is trading at only a 13X P/E ratio and offers a high safety margin to investors.

Block: The More It Drops, The More I'll Buy

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Teleperformance

Even with the stock market's impressive gains, there's no shortage of undervalued stocks if you know where to look. The recent correction has just scratched the surface of the tech sector.

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Block is restructuring its business to focus on "three problems" relating to "collaboration, craft, and flexibility." After several years of growing expenses and declining profits, the company aims to streamline its business.

Big Changes Are Coming for Block. Should You Buy the Stock Before the Shake-Up?

The company announced a new repurchase program worth $3 billion.

1 Turnaround Growth Stock to Buy Before It Soars 50%, According to Select Wall Street Analysts

Shares of Block Inc SQ were trading flat on Friday, after the company reporting its second-quarter results.

Block Inc. Earns Analyst Praise: Q2 Results Showcase Cash App Growth, Strategic Innovations

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

Block (SQ) Q2 Earnings Beat Estimates, Revenues Increase Y/Y

Although the revenue and EPS for Block (SQ) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Block (SQ) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

Block, Inc. (NYSE:SQ ) Q2 2024 Earnings Call Transcript August 1, 2024 5:00 PM ET Company Participants Nikhil Dixit - Head of IR Jack Dorsey - Block Head, Square Head, Chairman, and Co-Founder Amrita Ahuja - COO and CFO Conference Call Participants Tien-Tsin Huang - JPMorgan Timothy Chiodo - UBS Darrin Peller - Wolfe Research Ken Suchoski - Autonomous Research Jason Kupferberg - Bank of America Ramsey El-Assal - Barclays Harshita Rawat - Bernstein Lafitani Sotiriou - MST Dan Dolev - Mizuho Bryan Keane - Deutsche Bank Will Nance - Goldman Sachs Operator Good day, ladies and gentlemen, and welcome to the Block Second Quarter 2024 Earnings Conference Call. Today's call will be 45 minutes.

Block, Inc. (SQ) Q2 2024 Earnings Call Transcript

Block (SQ) came out with quarterly earnings of $0.93 per share, beating the Zacks Consensus Estimate of $0.76 per share. This compares to earnings of $0.39 per share a year ago.

Block (SQ) Surpasses Q2 Earnings Estimates

Square stock climbed on Q2 earnings that topped estimates while key metrics and guidance came in above views.

Square Earnings Beat As Margin Trajectory Gains Momentum

Block reported better-than-expected earnings for the quarter but missed on revenue. The company reported $6.16 billion in sales, vs.

Block reports better-than-expected earnings for second quarter

Block Inc. raised its full-year outlook on key metrics Thursday while outlining changes to its sales strategy.

Block boosts earnings outlook and says Square marketing efforts are paying off

DISTRIBUTED-WORK-MODEL/OAKLAND, Calif.--(BUSINESS WIRE)--Block, Inc. (NYSE: SQ) has posted its results for the second quarter of 2024 on the Financials section of its Investor Relations website at investors.block.xyz and filed these results with the Securities and Exchange Commission. Block will host a conference call and earnings webcast at 2:00 p.m. Pacific Time/5:00 p.m. Eastern Time today to discuss these financial results. To register to participate in the conference call, please visit the.

Block Announces Second Quarter 2024 Results

After softening over the past couple of weeks, there was a sense in yesterday's session that perhaps the market is ready to turn north once again. The benchmark indices all had some of their best days in recent weeks, with the S&P 500 finishing up 1.5% and the tech-heavy NASDAQ finishing up more than 3%.

Analysts Expect At Least 60% Upside In This Fintech

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Block's (SQ) second-quarter results are likely to reflect gains from a strong product portfolio, and solid momentum in the cryptocurrency and BNPL markets.

Is Block (SQ) Stock a Smart Buy Before Q2 Earnings Release?

Block is looking to leverage its Cash App into becoming a leading online bank with a financial "ecosystem." Q1 results showed continued growth and improvement but nothing game-changing. The transformation that Block wants will be a gradual one, and there are other businesses that seem to be ahead.

Block: Stay Conservative As Q2 Results Approach

Stocks like NVIDIA Corporation (NVDA), Block Inc. (SQ) and Interactive Brokers Group, Inc. (IBKR) are poised to benefit once the Bitcoin rally gathers pace.

3 Crypto Stocks to Invest in as Bitcoin Rally Gathers Steam

LOS ANGELES, CA / ACCESSWIRE / July 30, 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.

The Schall Law Firm Is Conducting A Detailed Investigation Into Block Inc For Potential Securities Law Violations

Mastercard

Visa

Many of the market's top payment stocks have been caught flat-footed amid the past year run in tech stocks. Undoubtedly, some of the top innovators in payments are leveraging financial technology in a way that makes it easier and more convenient for consumers to transact.

News for Block Stock (SQ)