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, the parent company of Square, posted earnings results illustrating the evolution of a financial services ecosystem — with Cash App at the center. A growing number of users, management said on the most recent earnings call, are using Cash App products and services, including depositing their paychecks directly to the Cash App Card.

Block's Cash App Hits 53 Million Monthly Active Users, Direct Deposits up 69%

Impressive growth in a difficult environment.

Block Earnings: The Growth Story Remains Intact Despite Fears

Block shares moved higher in pre-market trading on Friday after the San Francisco-based fintech posted an earnings beat driven by the strong performance of its payment platform Cash App during the first quarter.  The parent company of Square posted a 32% year-over-year jump in gross profit at $1.71 billion, with Cash App's gross profit up 49% at $931 million and Square's gross profit up 16% at $770 million.

Block posts 1Q earnings beat driven by Cash App growth

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Block, Inc. (NYSE:SQ ) Q1 2023 Earnings Conference Call May 4, 2023 5:00 PM ET Company Participants Nikhil Dixit - Head of Investor Relations Jack Dorsey - Co-Founder, Chairman and President Amrita Ahuja - Chief Financial Officer and Treasurer Conference Call Participants Tien-Tsin Huang - JPMorgan Timothy Chiodo - Credit Suisse Lisa Ellis - SVB MoffettNathanson Harshita Rawat - Bernstein Ramsey El Assal - Barclays Darrin Peller - Wolfe Research Michael Ng - Goldman Sachs Trevor Williams - Jefferies Operator Good day, ladies and gentlemen, and welcome to the Block First Quarter 2023 Earnings Conference Call. I would now like to turn the call over to your host, Nikhil Dixit, Head of Investor Relations.

Block, Inc. (SQ) Q1 2023 Earnings Conference Call Transcript

Block (SQ) came out with quarterly earnings of $0.40 per share, beating the Zacks Consensus Estimate of $0.31 per share. This compares to earnings of $0.18 per share a year ago.

Block (SQ) Beats Q1 Earnings and Revenue Estimates

Square reported Q1 earnings and revenue that topped Wall Street targets as gross profit came in above expectations amid controversy over the consumer Cash App business. The post Square Earnings Top Estimates Amid Cash App Growth Controversy appeared first on Investor's Business Daily.

Square Earnings Top Estimates Amid Cash App Growth Controversy

Block Inc. posted a big beat on an adjusted earnings metric for its most recent quarter as it “significantly” slowed its rate of hiring and showed more discipline around marketing spending.

Block stock pops as Square parent notches large earnings beat

Block Inc posted a rise in first-quarter revenue on Thursday as its popular payments platform Cash App continued to drive growth, a metric investors will be closely watching following U.S. short-seller Hindenburg Research's disclosure in March of short positions in the firm.

Block reports 26% rise in first-quarter revenue

DISTRIBUTED-WORK-MODEL/SAN FRANCISCO--(BUSINESS WIRE)--Block, Inc. (NYSE: SQ) has posted its results for the first quarter of 2023 on the Financials section of its Investor Relations website at investors.block.xyz and filed these results with the Securities and Exchange Commission. Block will host a conference call and earnings webcast at 2:00 p.m. Pacific time/5:00 p.m. Eastern time today to discuss these financial results. To register to participate in the conference call, please visit the Ev.

Block Announces First Quarter 2023 Results

Block (NYSE: SQ ), formerly known as Square, has multiple weaknesses and is facing a few very tough threats. Among the firm's weaknesses are steep competition and potential share losses due to the growth of e-commerce.

SQ Outlook: Time to Abandon Block Stock or Buy It on Weakness?

Block (NYSE: SQ ), the payment processor formally known as Square, is down 7% on the year while shares in other payment processors, like Visa (NYSE: V ), are up. Most of the damage was done by a March 24 report from short seller Hindenburg Research.

Block Stock Blues: Why I Won't Be Buying the SQ Dip

Did you ever imagine that Block (NYSE: SQ ) would enter into the Bitcoin ( BTC-USD )-mining hardware business? It seems that anything is possible in 2023.

Buy SQ Stock? Why You Should Invest $100 in Block Now.

Block stock has faced headwinds since March after a critical report from a short-seller. Solid earnings could boost confidence in the fintech group.

Beaten-Up Block Reports Earnings Thursday. Here's What to Expect.

Several analysts downgraded and/or lowered Block's price target last month. Block posts first-quarter earnings on May 4.

Why Block Stock Sank 11% in April

Block (SQ) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Is a Surprise Coming for Block (SQ) This Earnings Season?

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In the first half-hour of Wednesday's regular trading, the Dow Jones industrials were down 0.1%, while the S&P 500 traded up 0.12% and the Nasdaq 0.28% higher.

Earnings Previews: Apple, Block

Jack Dorsey-led Block Inc's first-quarter results will likely see investors zoom in on the payments firm's Cash App business following U.S. short-seller Hindenburg Research's allegations including inflated user count.

Block investors may seek clarity on Cash App after Hindenburg report

Block's (SQ) first-quarter results are expected to reflect its portfolio strength amid rising expenses and pandemic-led uncertainties.

Block (SQ) to Report Q1 Earnings: What's in the Offing?

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Cathie Wood invests in speculative stocks that don't always pan out, as 2022 showed. The chief of Ark Investment Management watched her firm outperform in 2021, though last year saw a sharp deceleration in interest in various hough-growth names.

7 Best Cathie Wood Stocks for Your May 2023 Buy List

Unity Software

Ark funds purchased Block shares after a report from a short-seller pushed shares down. Unity Software is still working through a large merger.

Cathie Wood Is Buying These Top Growth Stocks. Both Could Help You Grow Wealth Over Time.

With Block continuing to underperform the market, the company is now turning to Bitcoin as a way to pump up its value. Block's new Bitcoin mining strategy involves the manufacturing of Bitcoin mining chips and related mining hardware.

Is Block Stock a Buy After Diversifying Into Bitcoin Mining?

Global X Blockchain & Bitcoin Strategy ETF

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Riot Blockchain

Diving headfirst cryptocurrency realm can feel like a rollercoaster ride, but wagering on the best blockchain stocks presents a smoother path to capitalize on this technology. Investors can find a more predictable and secure path in the digital finance sphere.

7 Blockchain Stocks to Buy for Disruptive Growth Potential

In just a matter of days, an earnings event is very likely to jolt Block (NYSE: SQ ) stock higher. The time to consider an investment in Block is right now as the company continues to grow and innovate, and is bound to overcome Wall Street's low expectations.

News for Block Stock (SQ)