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

The consensus price target hints at a 41.8% upside potential for Block (SQ). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

Wall Street Analysts Predict a 41.84% Upside in Block (SQ): Here's What You Should Know

Block (NYSE: SQ ), the financial technology company led by founder and CEO Jack Dorsey, recently announced that it is laying off as much as 10% of its workforce. This move to reduce staff comes days after Block reported decent third-quarter results — and at the same time Dorsey announced plans to take a more hands-on role as CEO.

Block Layoffs 2023: What to Know About the Latest SQ Job Cuts

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Worldline SA/France

Worldline reports disappointing Q3 earnings results, leading to a sharp decline in its stock and impacting other payment companies. Over the last two weeks, shares in both Worldline and Paycom corrected sharply in the wake of earnings. So far, American fintechs such as Block and PayPal have fared slightly better, but that could change if the U.S. economy falls into recession.

Fintech Stocks In Focus As European Slowdown Weighs On Sector

Block, which powers the point-of-sale software -- and seemingly ubiquitous request for tips -- seen on many iPad checkout screens told staffers this week that as many as 10% are going to be laid off.

Jack Dorsey's payments company Block to slash headcount as much as 10%: report

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The year 2023 is drawing to a close and it looks like the conditions are forming for a Santa Claus rally, with the Fed holding interest rates steady, bond yields in retreat, and economic data showing that the economy is beginning to slow. After declining for three consecutive months and falling into a correction, the benchmark S&P 500 index has gained 5% to start the month of November and momentum seems to be building behind stocks.

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Wall Street logged the best weekly performance of 2023 last week.

Best Leveraged ETFs of Wall Street's Best Week of 2023

SoFi Technologies

Here are two stocks that stood out to me as buying opportunities after their recent earnings calls.

2 Fintech Stocks to Buy After Impressive Earnings Calls

Block Inc. had a positive Q3 earnings report, higher guidance, attractive valuation, and strong expected long-term growth. The Q3 earnings report showed net revenue growth, higher EPS/EBITDA, and increased transaction-based revenue. The stock has a strong technical set-up with bullish divergence, new positive momentum, and potential for a longer-term strong move higher.

Block: Stock Is Set Up For A Large Move (Technical Analysis)

For long stretches in 2021, Block (NYSE: SQ ) was a $250 stock. For even longer stretches, SQ stock has traded around $50.

Block Stock Is a Hot Mess. Investors Should Still Buy It.

The payments company is under pressure. Jack Dorsey, the often-distant CEO, says he is stepping back into the ring.

Block's Stock Price Is Down 80%. Enter CEO Jack Dorsey.

It's been a volatile year for Block (SQ) and PayPal's (PYPL) stock with both of these fintech innovators hitting 52-week lows during the third quarter but posting strong Q3 results this week.

Time to Buy the Post Earnings Rebound in Block (SQ) or PayPal (PYPL) Stock?

Block Inc. (SQ) shares surged 11% Friday after the fintech company posted a smaller-than-expected loss for the third quarter and raised its full-year guidance, thanks to strong revenue and user growth on its Cash App.

Block Shares Surge 11% on Smaller-Than-Expected Loss, Cash App Growth, Optimistic Guidance

Square-parent Block reported Q3 earnings and revenue that topped estimates. SQ stock popped on preliminary 2024 guidance for EBITDA.

Square Earnings, Revenue Beat; SQ Stock Surges On Preliminary 2024 Guidance

Block's (SQ) third-quarter 2023 results benefit from strong momentum across the Cash App and Square ecosystem.

Block's (SQ) Q3 Earnings & Revenues Beat Estimates, Up Y/Y

Block's business is growing and the company is exercising discipline to improve profits. The company expects its growth rate to continue at a double-digit pace for years and it's working to get its profit margins up.

Here's Why Block Stock Is Sailing Higher Today

Block Inc (NYSE:SQ) shares made significant gains on Friday after the Square and Cash App parent company surprised investors by providing initial 2024 profitability guidance when it handed down its third quarter financial results after the closing bell a day earlier. Block shares traded up 12% at US$49.29 at noon on Friday.

Block's shares trade higher as 2024 profitability guidance exceeds expectations

Earnings season, moving into its final few weeks, may seemingly be dominated by headlines about consumer spending. But dig a bit deeper, and details emerge as to state of business financing — specifically, loans and working capital products that help give smaller companies the cash on hand they need to manage inventory and operations.

PayPal and Block Results Show Business Lending Activity Tightening

Block stock is down 30% this year, but it might have just turned a corner.

Block Earnings: Shareholder Returns Are Finally Being Taken Seriously

Block, Inc. shares rose sharply on Thursday during after hours trading as the company's third-quarter earnings beat analyst estimates. Having closed at $43.98 on Thursday, the stock price rose 18% in after hours trading to reach $51.99, with the market reacting positively to revenue growth for both Cash App and Square.

Block shares surge after Q3 earnings, Bitcoin revenue up 37% YoY

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Coinbase

Interactive Brokers

Visa

Five Crypto-centric stocks in focus are: COIN, SQ, V, CME, IBKR.

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Global X FinTech ETF

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Mastercard

Despite decreasing personal income and savings rates, Americans' personal expenditure saw a sequential increase in September. Holiday season sales forecast is also upbeat.

Why You Should Tap Fintech ETFs & Stocks in the Holiday Season

Block shares surge after earnings beat and increased full-year outlook.

Block (SQ) Soars on Upbeat Earnings & Outlook: ETFs to Gain

Block stock was surging early on Friday after the company unveiled targets for more efficient growth. The move echoes a similar boost for PayPal as sentiment looks to be shifting around payment stocks.

Block Jumps on 'Turning Point' for Efficiency. It Joins PayPal in Payment Stocks Rally.

Block shares have crumbled after some poor acquisitions of Afterpay and TIDAL. The company is investing a lot in cryptocurrencies, which is risky.

Is There Any Hope Left for Block Stock?

Shares of Block Inc. SQ, +7.37% soared 18% after the Jack Dorsey-backed parent of fintech company Square set its sights on 2024 adjusted EBITDA of $2.4 billion, far outpacing analyst expectations around $1.94 billion.

News for Block Stock (SQ)