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

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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

Apple

Advanced Micro Devices

Alphabet

Netflix

T-Mobile US

In the dynamic stock market realm, tech stocks to buy have consistently been the beacon leading the charge for all-time highs, underpinning the sector's long-term growth potential. Despite the unsettling layoffs, this period harbors a silver lining for discerning investors.

7 Tech Stocks to Buy on the Dip: February 2024

Coinbase

CRISPR Therapeutics

UiPath

Roku

Tesla

Zoom Video

Wood's Ark Invest portfolio owns a large number of stocks but isn't as diversified as it might seem. Ark Invest's top holdings include a biotech stock, a crypto stock, a fintech stock, two AI stocks, and more.

Cathie Wood Has 37% of Her Ark Invest Portfolio Invested in These 7 Stocks

Marathon Digital Holdings

Riot Blockchain

Jack Dorsey's new Bitcoin mining venture (Ocean) could shake up the Bitcoin mining industry in unexpected ways. The balance of power could shift from pure-play miners to more diversified mining companies selling "picks and shovels.

Jack Dorsey Is Bullish on Bitcoin Mining. Should You Be Too?

In the latest trading session, Block (SQ) closed at $68.83, marking a +0.76% move from the previous day.

Block (SQ) Outperforms Broader Market: What You Need to Know

American Express

SoFi Technologies

Many fintech stocks are trying to lift themselves from the rubble after falling off their peaks in 2021. Not all the financial technology innovators have garnered meaningful momentum, with some continuing to face an existential crisis amid big tech's move to capture a more significant slice of the digital payments market.

Fintech Flames: 3 Hot Stocks Heating Up the Market

CME Group

Robinhood

NVIDIA

Five crypto-centric stocks in focus are: NVDA, CME, COIN, HOOD, SQ.

Bitcoin Witnesses Seesaw Trading in Early 2024: 5 Stocks in Focus (Revised)

Amazon

Microsoft

PayPal

SAP SE

Rent the Runway

While no one wants to be on the business end of a downsizing, for investors – particularly folks interested in tech stocks – the matter presents a possible nuanced opportunity. To be sure, when the pink slips fly, there's usually a reason for it.

Lean and Mean: 7 Tech Stocks to Buy Amid Sector Downsizing

Five crypto-centric stocks in focus are: NVDA, CME, HOOD, COIN, SQ.

Bitcoin Witness Seesaw Trading in Early 2024: 5 Stocks in Focus

Global Payments

Visa

Fintech stocks in 2024 are attracting plenty of attention in the financial markets. Driven by rapid technological advancements, the fintech sector is revolutionizing.

The 3 Best Fintech Stocks to Invest In for Big Gains in 2024

Block has soared from recent lows, but there are more upsides ahead. Block has paired resilient top-line growth with aggressive margin expansion. Management has targeted even more margin expansion in 2024 as well as aggressive growth ambitions for 2026.

Block: A Top Pick For 2024 As The Market Embraces Profits

Subscribers to Schaeffer's Weekend Trader options recommendation service received this SQ commentary on Sunday night, along with a detailed options trade recommendation -- including complete entry and exit parameters.

Fintech Stock for Options Bulls

Blackrock Inc

Bitcoin price is on the decline, but the cryptocurrency has immense potential, which is likely to benefit stocks like Robinhood Markets, Inc. (HOOD), Coinbase Global, Inc. (COIN), BlackRock, Inc. (BLK) and Block Inc. (SQ).

Bitcoin Poised to Rebound From Recent Dip: 4 Stocks to Watch

Block (SQ) could produce exceptional returns because of its solid growth attributes.

Block (SQ) is an Incredible Growth Stock: 3 Reasons Why

Okta

Identity security company Okta told its staff on Thursday it will cut as many as 400 employees, the latest in a string of job cuts this year that have rocked the tech industry, including at Microsoft, Amazon, eBay and PayPal, following a parade of layoffs in 2022 and 2023.

Okta, Block, PayPal Cut Hundreds Of Jobs—Here Are 2024's Tech Layoffs

Block, the financial services and mobile payments company founded by former Twitter co-founder Jack Dorsey, has laid off 43 workers in Washington, according to a notice from the state's Employment Security Dept.

Cuts at Jack Dorsey's fin-tech company Block impact 43 workers in Washington state

Blockchain technology stands out as a highly influential and disruptive force, though some may overlook its investment potential amid newer, exciting tech trends. Nevertheless, discerning investors are eyeing select blockchain stocks to buy, anticipating a rekindling of market enthusiasm.

3 Blockchain Stocks to Buy Before the Breakthrough

Blackrock Income Trust

Citigroup

Nasdaq

A handful of U.S. financial industry heavyweights are cutting jobs to sharpen focus on their core businesses and put themselves on an even keel, after pursuing aggressive growth during the low interest rate-era led to some overhiring.

US financial giants shedding jobs in 2024

Affirm

Fintech growth stocks demonstrate innovative ideas and untapped possibilities in finance's fast-changing environment. They change how we utilize money and banking.

3 Stocks to Buy to Ride the Fintech Wave Higher

Block is reportedly cutting jobs as part of its previously announced effort to limit the size of its workforce to 12,000 employees. The company announced that goal in November during an earnings call, saying it aimed to boost earnings by reducing costs, and it started cutting jobs on Tuesday (Jan. 30), Bloomberg reported Tuesday.

Report: Block Aims to Reduce Workforce to 12,000 This Year

Block, the fintech company whose subsidiaries include Square, Cash App and Afterpay, is laying off staff at a tumultuous time for tech industry workers.

Block becomes the latest fintech to lay off workers

Payments firm Block has begun to cut jobs this week as part of its previously disclosed plans to trim headcount and reduce costs, a person familiar with the matter told Reuters on Tuesday.

Jack Dorsey's Block starts cutting jobs under previously disclosed plan - source

Like many top technology companies, Block (NYSE: SQ ) is in efficiency mode right now. Most recently, the company announced that it will begin reducing its headcount by around 1,000 employees — or as much as 10% — over the year in a bid to return to profitability.

Block Layoffs 2024: What to Know About the Latest SQ Job Cuts

Block Inc. is a hodgepodge of businesses, but better synergies between them could send the stock soaring.

This Block catalyst could send the stock soaring 20%, says analyst

Block is a company that helps sellers to run and grow their business, as well as helps individuals to manage their money. Their market will be growing significantly over the next decade, and Block has an opportunity to steal market share with their “ecosystems of ecosystems”. The main risks are that Block still needs to prove they can operate with a comfortable level of profitability, as well as any unforeseen regulatory laws that affect their business.

Block: Buy The Opportunity

These financial services companies have solid prospects over the next several years, but only one can be the best growth stock to buy today.

News for Block Stock (SQ)