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

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Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Product Development

Sales & Marketing

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Bitcoin impairment losses

Amortization of acquired customer assets

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

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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.

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SG&A

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Cash & equivalents

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Inventory

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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. (NYSE:SQ ) Q3 2022 Earnings Conference Call November 3, 2022 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 Huang - JPMorgan Lisa Ellis - MoffettNathanson Darrin Peller - Wolfe Research Timothy Chiodo - Credit Suisse Michael Ng - Goldman Sachs Rayna Kumar - UBS Trevor Williams - Jefferies Josh Beck - KeyBanc Ramsey Assal - Barclays Andrew Jeffrey - Truist securities Operator Good day, ladies and gentlemen, and welcome to the Block's Third Quarter 2022 Earnings Conference Call. I would now like to turn the call over to your host, Nikhil Dixit, Head of Investor Relations.

Block, Inc. (SQ) Q3 2022 Earnings Call Transcript

DoorDash

Expedia

PayPal

Starbucks

Twilio

We got another huge slab of Q3 earnings reports out after today's closing bell.

Big Late-Market Moves on Q3 Reporting Numbers

Block (SQ) delivered earnings and revenue surprises of 82.61% and 0.91%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Block (SQ) Q3 Earnings and Revenues Surpass Estimates

Block stock rose in extended trading after the payments company reported third-quarter earnings that beat Wall Street expectations for profit.

Block stock rockets on earnings beat

Square-parent Block reported third-quarter results that topped estimates. Shares jumped as other financial metrics also topped views.

Square Surges As Earnings, Revenue Beat Amid Afterpay Deal

Block Inc posted a rise in third-quarter revenue on Thursday as the growth of Cash App helped to make up for stagnant cryptocurrency prices that had dogged the payments platform led by Twitter founder Jack Dorsey in previous quarters.

Block revenue jumps on Cash App growth

Shares of Block Inc. were rising 14% in after-hours trading Thursday after the payment-technology company exceeded expectations with its latest earnings and gross-profit figures.

Block stock rockets higher after earnings as Cash App Card shows strong growth

DISTRIBUTED-WORK-MODEL/SAN FRANCISCO--(BUSINESS WIRE)--Block, Inc. (NYSE: SQ) has posted its results for the third quarter of 2022 on the Financials section of its Investor Relations website at investors.block.xyz and filed these results with the Securities and Exchange Commission.

Block Announces Third Quarter 2022 Results

Coinbase

Earnings will be released after the bell, and investors are taking a cautious approach to the quarter.

Why PayPal, Block, and Coinbase Are Down Ahead of Earnings

Investors have already heard from Visa Inc. V, -1.70% , Mastercard Inc., and American Express Co. AXP, -1.37% , which all signaled healthy consumer-spending trends.

Block earnings: What to expect from the Square parent company

It's been a challenging road for SQ shares in 2022, down more than 60% and coming nowhere near the general market's performance.

Block Q3 Preview: Can Shares Find New Life?

An analyst doubles down on his bearish take one day before third-quarter earnings are scheduled for release.

Why Block Stock Was Rocked Today

San Francisco, California--(Newsfile Corp. - November 2, 2022) - Hagens Berman urges Block, Inc. (NYSE: SQ) investors who suffered significant losses to submit your losses now.Class Period: Nov. 4, 2021 - Apr. 4, 2022Lead Plaintiff Deadline: Dec. 12, 2022Visit: www.hbsslaw.com/investor-fraud/SQContact An Attorney Now: SQ@hbsslaw.com844-916-0895Block, Inc. (NYSE: SQ) Securities Fraud Class Action: The litigation focuses on Block's statements about its subsidiary's (Cash App Investing) customer privacy policies and controls.The co

SQ INVESTOR ALERT: Hagens Berman, National Trial Attorneys, Encourages Block, Inc. (SQ) Investors with Losses to Contact the Firm's Attorneys, Deadline Approaching Securities Fraud Class Action

We are now entering a “crypto winter” as the price of bitcoin has fallen over 62% from its all-time highs in November 2021. People are talking about the asset class less, after it was previously on national news almost daily in 2020.

2 Stocks Poised to Benefit From Crypto Tailwinds

Carvana

The three major U.S. equity indexes closed lower on Tuesday. The Dow Jones industrials ended the day down 0.24%, the S&P 500 closed 0.41% lower and the Nasdaq retreated 0.89%.

Earnings Previews: Block, Carvana, Coinbase, PayPal, Starbucks

SAN FRANCISCO--(BUSINESS WIRE)--Despite the rising cost of living, new research from Square and Afterpay reveals renewed excitement by both consumers and sellers heading into the festive season – with 36% of shoppers more likely to increase their holiday spending, and 64% of sellers expecting sales to grow or remain the same compared to last holiday season.

Sales, Gift Cards, and Experiences: Square and Afterpay Holiday Shopping Trends Revealed

Trading 77% from its highs, Block (SQ) stock is one investors might consider adding to their portfolios going into its Q3 earnings release on November 3. Long-term investors may see an opportunity to get in on the innovative financial services company.

Breaking Down Block (SQ) Stock Before Q3 Earnings

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

Block (SQ) to Report Q3 Earnings: What's in the Offing?

Apple

Estee Lauder

Dutch pension PNO cut positions in Apple, Block, and Estée Lauder, and initiated a stake in Marsh & McLennan in the third quarter.

Big Pension Sells Apple, Block, and Estée Lauder Stock.

NEW YORK , Oct. 28, 2022 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Block, Inc. (NYSE: SQ) between November 4, 2021 and April 4, 2022, both dates inclusive (the "Class Period"), of the important December 12, 2022 lead plaintiff deadline. SO WHAT: If you purchased Block securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

ROSEN, NATIONAL TRIAL LAWYERS, Encourages Block, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - SQ

SAN DIEGO--(BUSINESS WIRE)---- $SQ #BlockInc--Block, Inc. (SQ) Failed to Disclose a Former Employee Obtained Access to Subsidiary Cash App Investing's Personal Client Information

Block, Inc. (SQ) Class Action: Contact Robbins LLP if You Have Incurred Significant Losses in Block, Inc.

Airbnb

Alphabet

As Halloween approaches, investors' minds may be on finding treats rather than picking stocks. That said, as we head into November, compiling a list of top stock picks to consider is certainly a good move, as many tech stocks have gotten hit very hard.

3 Top Stock Picks for November 2022

Block (SQ) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Block (SQ) Expected to Beat Earnings Estimates: What to Know Ahead of Q3 Release

Baxter

Match Group

Olaplex Holdings

RingCentral

Some of the stocks that have suffered the most this year could get hit some more as investors sell them to create tax losses.

Block, RingCentral, and Other Stocks Facing Tax-Loss Selling

Some of the stocks that have been hit the hardest could get hit some more as portfolio managers and investors sell them to create tax losses.

News for Block Stock (SQ)