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 Q4 2020

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

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.

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, owner of Cash App and Square, is reportedly facing a Department of Justice investigation. Federal prosecutors are in discussions with an ex-employee about allegations of widespread compliance failures at Cash App and Square going back years, NBC News reported Wednesday (May 1), citing unnamed sources.

Report: Block Faces DOJ Probe Over Alleged Compliance Lapses

Block is reportedly the subject of a federal probe into its compliance policies. The report says former employees have provided prosecutors documents that suggest violations of U.S. sanctions and antiterrorism regulations.

Why Block Shares Are Losing Value Today

Block (NYSE: SQ ) stock is down more than 8% in the afternoon session on news that federal prosecutors are probing financial transactions at the fintech company. Specifically, early reports indicate that prosecutors are considering certain crypto transactions that may have ties to terrorist groups.

SQ Stock Alert: Federal Prosecutors Are Probing Financial Transactions at Block

Block's (SQ) first-quarter results are likely to reflect strength across Cash App and Square ecosystems.

What You Should Know About Block (SQ) Ahead of Q1 Earnings

Areas under investigation include whether the company failed to gather sufficient information on customers to assess risks, and if processed transactions involved countries subject to economic sanctions.

Feds probing financial transactions at Jack Dorsey's Square, Cash App: report

Twitter co-founder Jack Dorsey's fintech company Block Inc (NYSE:SQ) is being examined by Federal prosecutors for compliance lapses within its Square and Cash App platforms. According to an NBC report citing “two people with direct knowledge of the contacts”, a former employee held discussions with prosecutors from the Southern District of New York.

Jack Dorsey's Block reportedly facing examination into compliance lapses

U.S. prosecutors are examining financial transactions at Block , NBC News reported on Wednesday, citing two people with direct knowledge of the matter.

US prosecutors examining financial transactions at Block, NBC News reports

Square stock tumbled on a report federal prosecutors are probing financial transactions at parent Block involving Cash App and bitcoin.

Square Stock Tumbles On Report Of Federal Probe Involving Transactions

Coinbase

NVIDIA

The need for greater computing power and decentralization has spawned the demand for blockchain technology stocks. Blockchain technology enables users to store data on its public ledgers.

3 Blockchain Technology Stocks With the Potential to Make You an Overnight Millionaire

Alibaba

Pinduoduo Inc - ADR

The past few years have been a rollercoaster ride for investors, with many quality stocks declining substantially from their peaks and yet to regain lost ground. However, solid businesses with strong fundamentals rarely disappoint in the long-run.

3 Comeback Stocks to Buy on the Cusp of Explosive Gains

Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Block (SQ), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended March 2024.

Insights Into Block (SQ) Q1: Wall Street Projections for Key Metrics

Block (SQ) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Block (SQ) Reports Next Week: Wall Street Expects Earnings Growth

Microsoft

Despite popular belief, most millionaires did not become so overnight. In fact, the most straightforward way to becoming a millionaire is through detailed research of the company valuation and stock market, patient and methodic investing approach, and close observation of the current economic trends.

Build your millionaire portfolio: 3 must-buy stocks for serious growth

Block (SQ) reachead $74.03 at the closing of the latest trading day, reflecting a -1.57% change compared to its last close.

Block (SQ) Stock Falls Amid Market Uptick: What Investors Need to Know

Block ecosystems Square and Cash App have begun rolling out a feature that will allow eligible Square sellers to automatically convert a portion of their daily sales to bitcoin with Cash App. The rollout of this new Bitcoin Conversions feature began Wednesday (April 24), Block said in an email to PYMNTS.

Square and Cash App Collaborate on Bitcoin Conversions for Sellers

Block, the company behind Square, Cash App and other services, announced a new program today allowing merchants using Square's solutions to convert a percentage of their daily sales to bitcoin. The feature, rolling out in the U.S. starting today, will transfer 1-10% of Square sellers' daily sales to their personal Cash App account.

Block lets Square merchants convert a part of their daily sales to bitcoin

Block's monetization rate reached an all-time high in Q4. Management intends to live by its 12,000-employee cap for years. Block's balance sheet position and cash flow profile have never been better.

Block: Building Momentum

Square has expanded the availability of offline payments to every hardware device, in every country.

Square Expands Offline Payments to Entire Hardware Lineup

The company, formerly known as Square, now building a full bitcoin mining system.

Jack Dorsey's payments company, Block, is building its own bitcoin mining system

Riot Blockchain

The halving of Bitcoin ( BTC-USD ) has typically been a precursor to some pretty extraordinary gains for the top cryptocurrency. Many investors and cryptocurrency traders have likely prepared.

3 Crypto Stocks That Can Still Take Off After the Bitcoin Halving

American Airlines

Caterpillar

Quite frankly, with so much attention paid to artificial intelligence and cryptocurrencies, there hasn't been much discussion (relative to prior market cycles) about meme stocks to buy now. However, the practice itself hasn't gone away.

3 Meme Stocks to Buy Now: Q2 Edition

Affirm

Robinhood

The Biden administration has introduced a formal proposal to forgive student loan debt, aiming to benefit millions and withstand legal scrutiny. This revised plan focuses on debt accrued beyond original loan amounts for certain low-income earners and cancels unpaid interest for all income levels.

Forget Big Tech, These 3 Under-the-Radar Stocks Are the Real Student Loan Winners

PayPal

PayPal and Block stocks should directly benefit from more people transacting in crypto. Both stocks trade at depressed valuations despite this long-term growth potential.

2 Potentially Explosive Crypto Stocks to Buy in April

The trajectory of Block (NYSE: SQ ) stock looks like this: $80 in 2020, then $289 in 2021, and back to $80 in 2024. It's been quite a roller-coaster ride for loyal shareholders.

Be Careful! Don't Count on Blockbuster Returns With Block Stock.

GameStop

Risk-on! The stock market is widely expected to takeoff like a rocket once the U.S. Federal Reserve finally begins lowering interest rates. If that happens, investors' risk appetite is sure to increase, with certain stocks catapulting higher as a result.

News for Block Stock (SQ)