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.

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Earnings data Q1 2022

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Earnings data Q1 2023

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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

Dorsey-led Block Inc. saw share prices drop nearly 7% premarket after a disappointing earnings report, dragged down by the company's massive bet on Bitcoin as "crypto winter" sets in.

Dorsey-led Block Inc. sees share prices fall as crypto winter sets in

Block's (SQ) second-quarter results are hurt by declining bitcoin revenues. Yet, the results benefit from the solid momentum across the Square ecosystem and the BNPL platform.

Block (SQ) Q2 Earnings Meet Estimates, Revenues Dip Y/Y

Block has two powerful ecosystems with its Cash App and Merchant Payments Business. The company announced solid results for Q2, with a 29% increase in Gross Profit.

Block: Bitcoin Bloodbath But Gross Profits Are Strong

The stock is down about 45% this year, but Wall Street analysts continue to like the shares.

Block Stock Wobbles After Earnings. Why Analysts Are Still Upbeat.

The ex-Twitter CEO's digital payments firm reported a fall in revenue due to bitcoin's slumped price and "broader uncertainty" in the crypto world.

The crypto winter has come for Jack Dorsey's company, Block

Bitcoin's price dropped by nearly 60% during the second quarter but has recovered slightly to trade above $23,000.

Block slides as drop in bitcoin revenue dents 2nd-quarter earnings for the Cash App parent

Square-parent Block Inc. became the latest payment-technology company to indicate it would pull back on costs in the current economy, joining PayPal Holdings Inc., which announced a similar move earlier in the week.

Block's cost cuts are ‘key highlight' of earnings, but can they help the stock?

Crypto winter and a high-inflation environment are weighing on the company.

Block Reported a Beat, So Why Are Shares Down?

Stock in Block (NYSE: SQ ), formerly known as Square, fell 6% overnight despite earnings beating analyst estimates. The company reported a loss of $208 million, or 36 cents per share, on revenue of $4.4 billion.

SQ Stock Falls as Bitcoin Weighs on Block

Mastercard

PayPal

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Shares of Jack Dorsey-led Block Inc, a digital payments firm that has bet big on bitcoin, declined nearly 7% in premarket trading on Friday after the company reported a loss in quarterly results on waning interest in cryptocurrencies.

Block shares slip after crypto winter dampens quarterly results

Block (SQ) delivered earnings and revenue surprises of 0% and 1.68%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Block (SQ) Q2 Earnings Meet Estimates

For Block, the parent company of Square, bitcoin's been a drag on results, and Cash App has been a boon. Block posted Q2 results that showed that the company's movement to expand its ecosystem, linking sellers and buyers, is bearing fruit, even as growth may be slowing.

Block's Bet on BNPL and Cash App Offsets Beating From Bitcoin

Block, Inc. (NYSE:SQ ) Q2 2022 Earnings Conference Call August 4, 2022 5:00 PM ET Company Participants Nikhil Dixit - Head of Investor Relations Jack Dorsey - Chief Executive Officer, Chairman & Co-Founder Amrita Ahuja - Chief Financial Officer Conference Call Participants Tien-Tsin Huang - JPMorgan Timothy Chiodo - Credit Suisse Darrin Peller - Wolfe Research Lisa Ellis - MoffettNathanson Kunaal Malde - Atlantic Equities Josh Beck - KeyBanc John Davis - Raymond James Ramsey El-Assal - Barclays Operator Good day, ladies and gentlemen, and welcome to the Block Second 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) CEO Jack Dorsey on Q2 2022 Results - Earnings Call Transcript

Broad market movements drove up shares of Block this week, but it doesn't look like investors are happy with the company's second-quarter earnings.

Why Shares of Block Soared 19.2% But Then Fell This Week

Block reported a second-quarter loss of $208 million, or 36 cents a share, for the three months ended June 30.

Block's Earnings Beat Estimates but the Stock Drops. Here's Why.

Jack Dorsey-led Block Inc on Thursday reported a loss for the second quarter as a bruising selloff in cryptocurrency markets hurt the fintech company's earnings from bitcoin trades on its platform.

Dorsey-led Block posts quarterly loss on bitcoin slump; shares drop

Square stock fell as second-quarter earnings and revenue fell from a year earlier but beat estimates while other financial metrics missed views. The post Square Stock Falls As These Key Metrics Miss Estimates appeared first on Investor's Business Daily.

Square Stock Falls As These Key Metrics Miss Estimates

Shares of Block Inc. fell 6% in after-hours trading Thursday after the payment-technology company swung to a loss and projected that July volume growth for the Square seller business would be lower than what was expected in the second quarter when looking on a year-over-year basis.

Block stock drops after earnings, as Square's parent company swings to a loss

DISTRIBUTED-WORK-MODEL/SAN FRANCISCO--(BUSINESS WIRE)--Block, Inc. (NYSE: SQ) has posted its results for the second 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 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 E

Block Announces Second Quarter 2022 Results

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Block, Inc. has a low P/S ratio of 1.94x despite a high 5-year revenue CAGR of 56% compared to the average of 6.95x for Fintech companies with 40%+ CAGR. We determined its low P/S due to its revenues inflated by volatile and low-margin Bitcoin revenues accounting for 56% of total revenues.

Block: Even Without Bitcoin, Stock Is Undervalued

On paper, Block Inc.'s varied businesses all are potentially sensitive to a weakening economic environment, and revenue and earnings are supposed to decline from last year. In reality, the story could be more nuanced—at least for now.

Block may be in trouble as economy sours, but Cash App could save it for now

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The three major U.S. equity indexes closed lower Tuesday. The Dow Jones industrials dropped 1.23%, the S&P 500 slipped by 0.67%, and the Nasdaq dipped by 0.16%.

Earnings Previews: AES, AMC, Block, Virgin Galactic, Warner Bros Discovery

Investors are encouraged by the economy, whereas analysts are bracing for the worst.

News for Block Stock (SQ)