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 Q4 2022

Earnings data Q1 2023

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Earnings data Q4 2023

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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

Hello and welcome back to Equity, a podcast about the business of startups where we unpack the numbers and nuance behind the headlines. It's Friday, which means the whole crew was aboard for this particular episode.

Square's Better.com name Block is Butter-y smooth

A couple of the ARK Invest exchange-traded funds run by ETF star Cathie Wood made huge sales on Thursday.

Cathie Wood's ARK Invest Sells Over 280,000 Shares of Square

Cathie Wood's money managing firm Ark Invest further lowered its exposure in Coinbase Global Inc (NASDAQ:COIN) on Thursday but topped up more shares in Square Inc (NYSE:SQ), a day after the digital payments firm announced a corporate name change for its company and the cryptocurrency unit. Ark Invest sold 173,387 shares — estimated to be worth $49.36 million based on the latest closing price — in Coinbase.

Cathie Wood Trims Another $49.4M From Coinbase Stake And Buys More Square Shares Amid Crypto Enthusiasm

SQ stock is turning into an appealing blockchain play as the company rebrands to Block and Jack Dorsey steps in full-time. The post Say Hello to Block!

Say Hello to Block! 9 Things for SQ Stock Investors to Know About the Square Name Change.

Square (SQ) stock is on the move Thursday following an announcement about its merger with Afterpay that investors aren't happy about. The post SQ Stock Alert: Square Afterpay Merger Announcement Sends Shares Lower appeared first on InvestorPlace.

SQ Stock Alert: Square Afterpay Merger Announcement Sends Shares Lower

There are two factors weighing on the fintech giant's stock price.

Here's Why Square Is Down Today While the Stock Market Is Rising

Twitter

Jack Dorsey picked Square Inc (NYSE: SQ), now called Block, over Twitter Inc (NYSE: TWTR) this week, and CNBC's Jon Fortt says investors should do the same simply because “you go where Jack goes”. Fortt builds a bullish case for Block on ‘Squawk Box' This morning on “Squawk Box”, Fortt stated several reasons why he […] The post Square vs Twitter: what's a better pick for investors?

Square vs Twitter: what's a better pick for investors?

As some suspected, outgoing Twitter chief executive Jack Dorsey shaking things up at his other company, Square inc (NYSE:SQ), which will not be relaunched with crypto vigour under the new name of ‘Block'. Square is retaining its merchant point-of-sale payments business, which is used widely across SMEs, though that company will be just one piece of a group with a definite strategy focussed on blockchain, decentralised finance and cryptocurrency.

Will Square investors follow Jack Dorsey around the Block?

Novavax

Pinterest

Patience will pay off handsomely if investors buy into this innovative trio.

3 Surefire Growth Stocks to Buy in December

There's a new Silicon Valley corporate name change on the block.

From Square to Block: Another tech company changes its name

Days after Jack Dorsey resigned as CEO of Twitter, his other company is changing its name.

Square is changing its name to 'Block'

Shares of Afterpay Ltd (OTC: AFTPY) (OTC: AFTPF) are dropping in Sydney after the company delayed a shareholder meeting to vote on a $29 billion deal with Square Inc (NYSE: SQ). What's Moving?

Square Effect: Why Afterpay Shares Are Tanking Today

Square Inc. (SQ) Presents at Credit Suisse 25th Annual Technology Conference - Transcript

Payments company Square will now be called Block, establishing the latter name as its corporate entity, according to a press release Wednesday (Dec. 1). The Square name is still a part of the company's seller business, and the company says this name change will let the company own the Square brand.

Square Inc. is Now Block; Brand to Remain

The change comes the same week that company CEO Jack Dorsey announced he'd leave his other CEO role at Twitter.

Square to become Block as tech world sees shifts in names and leadership

Jack Dorsey began the week by stepping down as CEO of Twitter and has now renamed his other company.

Square Is Changing Its Name to Block. It Doesn't Change the Outlook for the Stock.

Mr. Dorsey has in recent years grown more fascinated by cryptocurrencies and the promise of technological decentralization that blockchain technology could allow for.

Square Is Renamed Block, Perhaps Signaling Jack Dorsey's Crypto Ambitions

Financial services and digital payments company Square Inc (NYSE:SQ) announced a name change for its company and cryptocurrency unit. What Happened: Square announced tWednesday the new company name will be Block Inc, a move that will happen on or about Dec. 10.

It's Hip To Be... Block? Square Is Changing Its Name

Australian buy-now-pay-later giant Afterpay Ltd on Thursday said it had decided to delay a shareholder meeting to vote on its acquisition by Square Inc, pending regulatory approval from Spanish central bank.

Australia's Afterpay delays meeting to vote on Square deal

The name change highlights Dorsey's continued cryptocurrency and blockchain ambitions.

Square changes name to Block 2 days after Jack Dorsey steps down from Twitter

The FinTech giant Square is changing its name to Block, effective December 10. The name change, which has been in the works for over a year, is intended to house the company's various products — including music streaming service TIDAL, Cash App, TBD, and of course, Square — under one brand.

Square is changing its name to Block

Jack Dorsey-led payments company Square Inc said on Wednesday it was changing its name to Block.

Dorsey-led Square rebrands to Block

Square is renaming itself Block as it focuses on technologies like blockchain and expands beyond its original card reader business.

Jack Dorsey's Square changes corporate name to Block

SAN FRANCISCO--(BUSINESS WIRE)--Square, Inc. (NYSE: SQ) announced today that it is changing its name to Block. Block will be the name for the company as a corporate entity. The Square name has become synonymous with the company's Seller business, which provides an integrated ecosystem of commerce solutions, business software, and banking services for sellers, and this move allows the Seller business to own the Square brand it was built for. The change to Block acknowledges the company's growth.

Square, Inc. Changes Name to Block

Affirm

Fiserv

Mastercard

PayPal

The global mobile payments market is expected to grow by leaps and bounds. That's great news for these mobile payments stocks.

News for Block Stock (SQ)