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

It's been over two years since Block (NYSE: SQ ) has traded in the $200s. Over the past five years, it's been a losing proposition, with SQ stock losing nearly 39%.

SQ Stock Price Prediction: Where Is Block Heading in 2024?

CME Group

Coinbase

Interactive Brokers

NVIDIA

5 Stocks in Focus in a consolidating crypto market are: NVDA, COIN, CME, SQ, IBKR.

5 Stocks in Focus Amid a Consolidating Crypto Market

While Block (NASDAQ: SQ ) stock is very much a mixed bag at this point, for investors there's much more to hate about the name than to love about it. On the negative side of the ledger are the company's recent CEO change, its intense competition, its crypto exposure, the fact that Wall Street appears to have lost confidence in it,  and its uninspiring financial results.

Bull vs. Bear on Block Stock: What's to Love, What's to Hate

Block Inc. shares could more than double from here, according to Barclays analyst Ramsey El-Assal, as investors seem to be overlooking some potential positive catalysts.

Block's stock could double, analyst says, as an exciting milestone may be in view

The investor pullback on Square parent Block Inc (NYSE:SQ) shares has been “largely unjustified,” analysts at the Bank of America (BoA) believe. They maintain their ‘Buy' rating on the stock and price objective of US$71.

Block pullback ‘largely unjustified,' analysts say

Block is building the financial ecosystem of tomorrow. The company is at the forefront of multiple financial megatrends. The commoditization of fintech applications is a major risk to the company.

Block: Back To 'Square' One

Square stock bulls focus on its merchant, Cash App and Afterpay synergies but bears worry over Bitcoin and business trends.

Is Square Stock A Buy As Analysts Eye Q3 Earnings Report?

Sanofi

Sanofi is developing new products to complement its most important medicine. Block's services cater to individuals and businesses, and it benefits from a solid moat.

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Threats of a recession have risen since July. Oil prices have reached beyond $90 per barrel, interest rates have risen to levels not witnessed since 2007, and during this period, the markets–Dow, S&P 500, and Nasdaq Composite–have all experienced a decline of approximately 6%.

3 Growth Stocks To Make You The Millionaire Next Door: October Edition

A platform outage affecting merchants last week spooked investors, making a bad year for the stock even worse. Management's focus on financial discipline could help Block's bottom line.

Block Stock: Headed to $71?

Block Inc. shares have seen a “massive pullback” since the end of July, but BofA Global Research analyst Jason Kupferberg sees a buying opportunity in the payment-technology name.

Block's stock has seen a ‘massive pullback,' but BofA predicts more than 50% upside from here

Align Technology

HubSpot

Netflix

Shopify

Snap

As the curtain fell on September, the stock market lamented its losses. The three major indexes ended last month firmly in the red.

September's Biggest Losers: 7 Popular Stocks That Just Took a Major Hit

Affirm

PayPal

Buy now, pay later services like Affirm, to drive mobile holiday shopping in a key year for mobile.

Amazon, Walmart Holiday Deals Will Tow In This Hot Shopping Trend

PayPal strategically focuses on branded checkout, buy now, pay later offerings, AI-driven innovations, and entry into the stablecoin market. Block operates multiple ecosystems, including Square and Cash App, with significant increases in gross profit from vertical point-of-sale products. From a technical perspective, Block appears to be trading at a discount relative to its historical averages, making it potentially attractive.

PayPal Vs. Block: Unlocking The Future Of Finance

Fiverr

Portillo's

The economy has weighed on Fiverr, but things are starting to look up. Square is dirt cheap and improving its bottom line.

3 Stocks to Buy in October That Could Soar More Than 70% Over the Next 12 Months, According to Wall Street

Visa

Five stocks to watch in a range-bound cryptocurrency markets are: NVDA, V, SQ, COIN, CME.

5 Crypto Stocks to Watch in a Rangebound Market

DISTRIBUTED-WORK-MODEL/SAN FRANCISCO--(BUSINESS WIRE)--Block, Inc. (NYSE: SQ) will release financial results for the third quarter of 2023 on Thursday, November 2, 2023, after market close. Block will also host a conference call and earnings webcast at 2:00 p.m. Pacific Time/5:00 p.m. Eastern Time on the same day to discuss these results. To register to participate in the conference call, or to listen to the live audio webcast, please visit the Events & Presentations section of Block's Inve.

Block to Announce Third Quarter 2023 Results

Block (SQ) concluded the recent trading session at $41.90, signifying no movement from its prior day's close.

Block (SQ) Flat As Market Gains: What You Should Know

Block saw a key executive depart in September. Analysts weren't thrilled with the trajectory of the business, either.

Why Block Plunged 23.2% in September

Citigroup analysts removed payments firm Block from its top picks rank, cut the target price on the stock to $65 from $90, but till has a Buy rating on shares.

Block Stock Could Be Dead Money for Some Time, Says Citi

Block (SQ) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Why Block (SQ) Could Beat Earnings Estimates Again

The company's merchant-focused segment, known as Square, is still critical to overall operations. Cash App is a booming part of the business, with a large addressable market.

Is This Block's Biggest Secret Weapon?

ARK Fintech Innovation ETF

American Express

MercadoLibre

Marqeta

Nu Holdings

SoFi Technologies

The fintech space ranges from giants like PayPal to an array of smaller and more specialized companies. E-commerce growth provides an organic tailwind to fintech stocks, but there are others as well.

You Don't Have to Pick a Winner in Fintech Stocks. Here's Why.

SolarEdge Technologies

Wall Street's median price targets imply substantial upside for Block and SolarEdge shareholders. Block continued to gain momentum with its Square and Cash App ecosystems in the most recent quarter.

A Bull Market Is Coming: 2 Phenomenal Growth Stocks to Buy Before They Soar 93% and 127%, According to Wall Street

We initiate Block, Inc. with a hold rating. We're more constructive on Block after the stock has priced in macro headwinds, but we see no clear catalyst driving financial outperformance in the near term. We think gross payment volume or GPV growth will be at higher risk to trail expectations in 2H23 as the market anticipates another interest rate hike amid macro uncertainty.

News for Block Stock (SQ)