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

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Earnings data Q4 2021

Earnings data Q1 2022

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Earnings data Q3 2022

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

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, Inc. has strong long-term upside potential, with the stock potentially seeing a 175% increase in the next 3-4 years. The company's investments in Bitcoin and expansion of its Cash App have contributed to its financial performance and proven its profitability. Block's valuation is justified due to its diversification, growth potential, and involvement in the cryptocurrency market.

Block: Growth And Diversification Could Lead To Strong Upside

Block, Inc. (NYSE:SQ ) Goldman Sachs 2023 Communacopia and Technology Conference September 6, 2023 1:50 PM ET Company Participants Amrita Ahuja - COO and CFO Conference Call Participants Mike Ng - Goldman Sachs Mike Ng Great. Thank you, everybody.

Block, Inc. (SQ) Goldman Sachs 2023 Communacopia and Technology Conference (Transcript)

Toast

Block Inc. shares have lagged the broader market this year, and a UBS analyst doubts there's much upside ahead for the payment-technology name.

Block shares lack upside, says UBS — but this rival stock could be a winner

A cool-down in discretionary spending could weigh on the payments company, UBS says.

3 Reasons Block Stock Got Downgraded

Square-parent Block faces slowing growth for its consumer Cash App in 2024, says a UBS analyst who downgraded SQ stock.

Square Downgraded On Gross Profit, Cash App Outlook

Oracle

Roku

AeroVironment

Salesforce

CrowdStrike

First Solar

GitLab

Southwest Airlines

Microsoft

ServiceNow

Thermo Fisher Scientific

Zscaler

Here are some of the tickers on my radar for Wednesday, Sept. 6, taken directly from my reporter's notebook.

Here are the 14 stocks Jim Cramer is watching, including Oracle, Roku and Southwest

UBS downgraded Block Inc  (NYSE:SQ), operator of Square and Cash App, to "neutral" from "buy" and slashed its price target from $102 to $65.

Analyst: It's Time to Dock Block Stock

Tesla

Adyen NV

Ark Invest has trimmed its Tesla position and redeployed in part to fintech companies Block and Adyen. Block simplifies commerce and consumer finance, and the company is taking sensible steps to grow.

Cathie Wood's Ark Invest Is Selling Tesla Stock and Buying 2 Remarkable Fintech Growth Stocks

JD.com

Lockheed Martin

MercadoLibre

NVIDIA

It wasn't too long ago that investing guru Cathie Wood was the hottest money manager in the game. Her ARK Invest exchange-traded funds offered investors blistering returns on their money.

7 Cathie Wood Stocks to Invest in for Big-Time, Long-Term Gains

Block's Q2 results showed it is moving in the right direction to reach the Rule of 40. With the stock down and profitability forecasts up, the stock's valuation has become more attractive. While risks remain, SQ is showing enough positives to upgrade the stock.

Block: Upgrading To Buy Based On Valuation And Focus On Profitable Growth

Block's extensive ecosystem and reach have led to concerns, but many of these uncertainties are already reflected in the stock price. The company is actively addressing its cost structure and reallocating resources to enhance efficiency and profitability, signaling management's commitment to delivering value to investors. Despite competitive challenges, Block remains a player in the digital payment space, with a relatively discounted valuation compared to peers, potentially presenting a compelling investment opportunity.

Block: Market Concerns Priced In, Time To Turn Bullish (Upwards Revised)

Coinbase

The best DeFi stocks have economic moats, competitive advantages and strong outlooks for the future. These companies are part of the larger societal shift toward being your own bank, which resonates with those who prioritize privacy, liberty and self-determination alike.

3 DeFi Stocks to Invest in for Big-Time, Long-Term Gains

Apple

Lemonade

Mastercard

PayPal

SoFi Technologies

Upstart Holdings

Visa

Payments businesses can be fertile hunting ground for solid investment ideas. There is no shortage of companies focused on singular areas within financial services.

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

In the ever-evolving financial realm, fintech stocks with big money continue to grab investors' attention. The fintech industry has undergone a radical shift, evolving into an epicenter of innovation, with automation and AI at its helm.

3 Fintech Stocks the Big Money Is Buying Now

Ark Invest believes Block stock could rise 550% to reach $375 per share by 2025. The Square and Cash App ecosystems represent a $190 billion market opportunity in terms of gross profit.

1 Magnificent Growth Stock to Buy Before It Soars 550%, According to Cathie Wood's Ark Invest

Global X Blockchain ETF

Marathon Digital Holdings

MicroStrategy Incorporated

Amidst the crypto whirlwind, it's tempting to be enticed by the mushrooming digital coins when looking for the best blockchain stocks to buy. The incredible rise of blockchain technology remains crystal clear.

7 Millionaire-Maker Blockchain Stocks to Hold Through Thick and Thin

During the 2010s, Block (NASDAQ: SQ ) stock benefitted as the company innovated itself to the top among America's transaction processors. Instead of looking for customers through banks or re-sellers, and building a complex system of special deals, Block went directly to merchants.

SQ Stock Outlook: Why Block's Bold Moves Might Be Its Downfall

Block operates two successful ecoystems. Block has potential to expand into international markets.

5 Things for Investors to Know About Block Stock

One of the best ways to hunt for oversold fintech stocks to buy is by reviewing the 63 holdings held by the Global X FinTech ETF (NASDAQ: FINX ). It tracks the performance of the Indxx Global FinTech Thematic Index.

3 Very Oversold Fintech Stocks to Buy Right Now

The fintech industry has been rapidly reshaped by technology. The landscape has evolved into an arena where innovation, automation, and AI-driven solutions reign supreme.

Strong Buy Alert: 3 Fintech Stocks Practically Screaming ‘Buy Me Now'

Hive Blockchain Technologies Ltd

As the cryptocurrency market is positioned to pull out of its doldrums, it's judicious for risk-tolerant investors to closely watch HIVE Blockchain (HIVE) and Block (SQ).

2 Crypto Stocks to Watch as Bitcoin Stages a Comeback

Wall Street favors technology firms in 2023, but not all of them. Just look at Block (NYSE: SQ ) stock, which is trading near its lowest point this year.

Block Buy Alert: Expect a Triumphant Return to $80 for SQ Stock

DraftKings

Exact Sciences

Shopify

Much has been written and discussed about the incredible success and then failure of Cathie Wood's phenomenal ARK Innovation exchange-traded fund, which exploded in 2020 only to implode in the fall of 2021 and trade sideways most of 2022.

Cathie Wood Has 5 ‘Strong Buy' ARK Innovation Holdings That Aggressive Growth Investors Can Grab Now and Hold Forever

Roblox

Block and Roblox are major holdings of Cathie Wood's ETFs. Both stocks are significantly below their pandemic-era highs but have lots of growth potential.

Prediction: These 2 Phenomenal Cathie Wood Stocks Down 80%-81% Could Make You Richer in a New Bull Market

UiPath

Trade Desk

Bitcoin could help the Square and Cash App ecosystems to stand out among competitors. UiPath's end-to-end platform could make it a crucial innovator in robotics process automation.

News for Block Stock (SQ)