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

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.

Will Block (SQ) Beat Estimates Again in Its Next Earnings Report?

SAN DIEGO, CA / ACCESSWIRE / October 3, 2024 / Robbins Geller Rudman & Dowd LLP is investigating potential violations of U.S. federal securities laws involving Block, Inc. (NYSE:SQ) focused on whether Block as well as certain of its top executives made false and/or misleading statements and/or failed to disclose material information to investors. If you have information that could assist in this investigation or if you are a Block investor who suffered a loss and would like to learn more, you can provide your information here: https://www.rgrdlaw.com/cases-block-inc-investigation-sq.html You can also contact attorneys J.C.

SQ INVESTIGATION ALERT: Robbins Geller Rudman & Dowd LLP Announces Investigation into Block, Inc. and Encourages Investors with Substantial Losses or Witnesses with Relevant Information to Contact the Firm

CRISPR Therapeutics

Shopify

Cathie Wood is the founder and CEO of Ark Invest, an asset management firm focusing on disruptive innovation, with approximately $14 billion in assets across six actively managed ETFs, two index ETFs, and a private equity fund. She gained recognition in 2020 when all six Ark ETFs posted over 100% returns, far outpacing the S&P 500's 16% growth.

Cathie Wood Stocks (CRSP, SHOP, SQ) Could Actually Be Darn Good Picks

Block has an estimated ~$75 billion gross profit opportunity in the U.S. market from P2P transactions, financial services, and Bitcoin trading. Cash App's monetization includes $29 billion from P2P transactions, $45 billion from financial services, and $3 billion from Bitcoin. In Q2 2024, Cash App had 57 million monthly active users, with an average inflow per user of $1,243.

Block's Untapped Revenue Potential

PayPal

SQ stock bulls and bears are focused on Cash App growth as well as gross payment volume of the merchant business.

PayPal Rebounds In 2024 Under New CEO As Jack Dorsey Aims To Fix Square

Block's Q2 2024 performance exceeded expectations, with gross profit growing 20% YoY to $2.23 billion and adjusted EBITDA up 81% YoY to $759 million. Strong growth in Cash App and Square segments, driven by Cash App Card, Cash App Borrow, Afterpay, and Square Loans, bolstered overall performance. Block raised FY24 guidance, projecting adjusted EPS of $3.74 and gross profit of $8.65 billion, with further growth expected from BNPL integration and expanded financial services.

Block: Booming Momentum On Structural Growth Upside

SAN DIEGO, Sept. 27, 2024 (GLOBE NEWSWIRE) -- The law firm of Robbins Geller Rudman & Dowd LLP is investigating potential violations of U.S. federal securities laws involving Block, Inc. (NYSE: SQ) focused on whether Block as well as certain of its top executives made false and/or misleading statements and/or failed to disclose material information to investors.

SQ INVESTIGATION: Robbins Geller Rudman & Dowd LLP Announces Investigation into Block, Inc. and Encourages Investors with Substantial Losses or Witnesses with Relevant Information to Contact the Firm

Block (SQ) closed the most recent trading day at $66.52, moving +1.96% from the previous trading session.

Block (SQ) Surpasses Market Returns: Some Facts Worth Knowing

Chevron

Hess

John Hess would be prevented from Chevron's board as part of deal for antitrust approval of a Hess-Chevron merger.

FTC Plans to Block Hess CEO from Chevron Board

Adobe

Affirm

Amazon

Best Buy

Costco

Electronic Arts

Sony

Walmart

SPDR S&P Retail ETF

Consumers remained a pillar of support for the economy despite the high interest-rate environment that has prevailed since early 2022. With the Federal Reserve implementing a substantial 50 basis-point rate cut, the benefits of which are expected to trickle down to them, consumers are forecasted to splurge on purchases this holiday season, according to early forecasts provided by Adobe on Wednesday.

Top 10 Stock Picks For The Holiday Boom: Adobe Forecasts Unprecedented E-Commerce Sales This Season

SQ rides on portfolio strength and a strong position in the cryptocurrency and BNPL markets amid broader market volatility.

Block Surges 47.9% in a Year: Should SQ Stock be in Your Portfolio?

Block consistently reports robust revenue growth. Profitability has been improving, but it's still not where you'd want to see it at this point.

Should You Buy Block Stock While It's Below $70?

After several years of growing expenses and declining profits, Block is working to streamline its business. According to CEO Jack Dorsey, Block is restructuring its business "to provide consumer experiences others can't, specifically for commerce.

Is Block Stock a Buy?

The latest trading day saw Block (SQ) settling at $67.46, representing a -1.72% change from its previous close.

Why Block (SQ) Dipped More Than Broader Market Today

In the closing of the recent trading day, Block (SQ) stood at $63.99, denoting a +0.5% change from the preceding trading day.

Block (SQ) Advances But Underperforms Market: Key Facts

Robinhood

Interactive Brokers

NVIDIA

Stocks like Interactive Brokers (IBKR), Block (SQ), NVIDIA (NVDA) and Robinhood Markets (HOOD) will gain once the Bitcoin rally resumes.

Rate Cuts to Boost Crypto Market: 4 Bitcoin-Centric Stocks With Upside

Coinbase

Five Bitcoin-centric stock to watch are: HOOD, COIN, NVDA, IBKR, SQ.

Watch 5 Bitcoin-Centric Stocks Set to Gain From the Next Rally

Block's slowing GPV growth and volatile Bitcoin investment have contributed to the stock's underperformance compared to its fintech peers. This is despite the bottom-line beat FQ2'24 earnings call and raised FY2024 guidance, triggering the promising consensus forward estimates. Despite the near-term uncertainty from its ongoing reversal, we maintain our long-term optimism surrounding SQ's prospects, as observed in the highly sticky Cash App/SaaS offerings.

Block's Bitcoin Thesis Dilutes Its Fintech Performance

SoFi Technologies

A long-term, buy-and-hold approach to investing is a simple and dependable way to achieve long-term returns. SoFi, PayPal, and Block are three financial technology companies looking to build on their strong growth.

3 No-Brainer Fintech Stocks to Buy Right Now for Less Than $200

Apple

Bank of America

First Solar

Warren Buffett, the Oracle of Omaha, and Dr. Michael Burry, Christian Bale's character in the film The Big Short, are two of my favorite investment legends.

Why Are Warren Buffett and Michael Burry Selling Stocks?

Block, Inc. (NYSE:SQ ) Goldman Sachs Communacopia and Technology Conference September 9, 2024 1:50 PM ET Company Participants Amrita Ahuja - COO & CFO Conference Call Participants Will Nance - Goldman Sachs Will Nance All right, everyone. I'm Will Nance.

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

Block, Inc. has continued on its path to sustainable profitability, validating its business model. It expects to reach its Rule of 40 metric in FY2026, providing more clarity over its business model. Block has made structural changes to its organization to improve its go-to-market strategies. However, it's still too early to assess its success.

Block: No Real Reasons To Panic Now

Block Inc. NYSE: SQ is a financial technology (fintech) provider in the computer and technology sector focused on making commerce and financial services accessible to businesses and consumers. While the company has many synergistic and complementary products and services, it has two core ecosystems: Cash App and Square.

Why Block's Key Components Make It a Solid Investment Choice

Enterprise Products Partners

Realty Income Corp

Dividends don't matter! In theory, maybe. In life, they matter a lot. I've never paid for a meal with a theory, but I have with dividends. You may have missed the memo, so let's review it.

Dividends Don't Matter, Unless You're Alive

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?

News for Block Stock (SQ)