Block, Inc. - Understand $sq stock

$SQ Market Cap: $61.31 Billion

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Financial Snapshot

Revenue

$23.86B

TTM

Gross Margin

36.05%

TTM

Net Earnings

$1.129B

TTM

Current Assets

$20.77B

Q3 2024

Current Liabilities

$10.04B

Q3 2024

Current Ratio

206.92%

Q3 2024

Total Assets

$36.36B

Q3 2024

Total Liabilities

$16.45B

Q3 2024

Book Value

$19.91B

Q3 2024

Cash

$8.300B

Q3 2024

P/E

54.30

Nov 29, 2024 EST

Free Cash Flow

$717.0M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Revenue	$21.92B	$17.53B	$17.66B	$9.498B	$4.714B	$3.298B	$2.214B	$1.709B	$1.267B	$850.2M	$552.4M	$203.4M
YoY Change	25.01%	-0.73%	85.95%	101.5%	42.91%	48.95%	29.59%	34.85%	49.04%	53.91%	171.58%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Revenue	$21.92B	$17.53B	$17.66B	$9.498B	$4.714B	$3.298B	$2.214B	$1.709B	$1.267B	$850.2M	$552.4M	$203.4M
Cost Of Revenue	$14.41B	$11.54B	$13.24B	$6.764B	$2.824B	$1.994B	$1.375B	$1.133B	$897.1M	$624.1M	$423.6M	$138.9M
Gross Profit	$7.505B	$5.992B	$4.420B	$2.733B	$1.890B	$1.304B	$839.3M	$576.0M	$370.0M	$226.1M	$128.8M	$64.60M
Gross Profit Margin	34.24%	34.18%	25.03%	28.78%	40.09%	39.53%	37.9%	33.71%	29.2%	26.59%	23.32%	31.76%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Selling, General & Admin	$4.228B	$3.745B	$2.601B	$1.689B	$1.062B	$750.4M	$503.7M	$425.9M	$289.1M	$206.8M	$114.6M	$71.90M
YoY Change	12.91%	44.0%	53.98%	59.03%	41.53%	48.97%	18.28%	47.32%	39.79%	80.45%	59.39%
% of Gross Profit	56.34%	62.5%	58.84%	61.79%	56.2%	57.56%	60.02%	73.93%	78.12%	91.47%	88.98%	111.3%
Research & Development	$2.721B	$2.136B	$1.399B	$885.7M	$674.2M	$497.5M	$321.9M	$268.5M	$199.6M	$144.6M	$82.90M	$46.60M
YoY Change	27.4%	52.64%	57.97%	31.37%	35.52%	54.55%	19.87%	34.51%	38.03%	74.47%	77.9%
% of Gross Profit	36.25%	35.64%	31.65%	32.4%	35.68%	38.16%	38.35%	46.62%	53.95%	63.98%	64.36%	72.14%
Depreciation & Amortization	$408.6M	$340.5M	$134.8M	$84.21M	$75.60M	$60.96M	$37.28M	$37.75M	$27.63M	$18.59M	$8.300M	$3.600M
YoY Change	19.98%	152.69%	60.02%	11.39%	24.01%	63.53%	-1.23%	36.63%	48.64%	123.93%	130.56%
% of Gross Profit	5.44%	5.68%	3.05%	3.08%	4.0%	4.68%	4.44%	6.55%	7.47%	8.22%	6.44%	5.57%
Operating Expenses	$6.949B	$5.880B	$4.000B	$2.575B	$1.736B	$1.340B	$893.5M	$746.5M	$544.5M	$376.6M	$197.5M	$118.5M
YoY Change	18.17%	47.03%	55.35%	48.29%	29.53%	50.01%	19.69%	37.1%	44.59%	90.67%	66.67%
Operating Profit	-$278.8M	-$624.5M	$161.1M	-$18.82M	$26.56M	-$36.61M	-$54.21M	-$170.5M	-$174.5M	-$150.5M	-$68.70M	-$53.90M
YoY Change	-55.35%	-487.64%	-956.3%	-170.85%	-172.53%	-32.45%	-68.2%	-2.3%	15.93%	119.06%	27.46%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Interest Expense	$30.70M	$37.23M	$58.10M	$75.20M	$44.90M	$37.80M	-$8.500M	$800.0K	-$3.000M	-$2.200M	-$300.0K	$0.00
YoY Change	-17.54%	-35.92%	-22.74%	67.48%	18.78%	-544.71%	-1162.5%	-126.67%	36.36%	633.33%
% of Operating Profit			36.06%		169.07%
Other Income/Expense, Net	$202.5M	$95.44M	$29.47M	$291.7M	-$273.0K	$18.47M	-$8.458M	$780.0K	-$1.613M	-$2.162M	$0.00	$0.00
YoY Change	112.14%	223.82%	-89.9%	-106958.97%	-101.48%	-318.36%	-1184.36%	-148.36%	-25.39%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Pretax Income	-$29.14M	-$565.3M	$157.5M	$216.0M	$378.2M	-$36.13M	-$62.66M	-$169.7M	-$176.1M	-$152.7M	-$104.0M	-$85.20M
YoY Change	-94.84%	-459.02%	-27.09%	-42.9%	-1146.9%	-42.35%	-63.07%	-3.63%	15.34%	46.78%	22.07%
Income Tax	-$8.019M	-$12.31M	-$1.364M	$2.862M	$2.767M	$2.326M	$149.0K	$1.917M	$3.746M	$1.440M	$500.0K	$0.00
% Of Pretax Income			-0.87%	1.33%	0.73%
Net Earnings	$9.772M	-$540.7M	$166.3M	$213.1M	$375.4M	-$38.45M	-$62.81M	-$171.6M	-$179.8M	-$154.1M	-$104.5M	-$85.20M
YoY Change	-101.81%	-425.19%	-21.97%	-43.24%	-1076.38%	-38.78%	-63.39%	-4.58%	16.69%	47.46%	22.65%
Net Earnings / Revenue	0.04%	-3.08%	0.94%	2.24%	7.97%	-1.17%	-2.84%	-10.04%	-14.19%	-18.12%	-18.92%	-41.89%
Basic Earnings Per Share	$0.02	-$0.93	$0.36	$0.48	$0.88	-$0.09	-$0.17	-$0.50	-$1.24	-$1.08
Diluted Earnings Per Share	$0.02	-$0.93	$0.33	$0.44	$0.81	-$0.09	-$0.17	-$0.50	-$1.24	-$1.08	-$318.7K	-$259.8K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013
Cash & Short-Term Investments	$5.848B	$5.626B	$5.313B	$3.853B	$1.540B	$1.124B	$866.1M	$511.9M	$470.8M	$225.3M	$166.2M
YoY Change	3.95%	5.89%	37.88%	150.27%	36.95%	29.8%	69.19%	8.73%	108.97%	35.56%
Cash & Equivalents	$4.996B	$4.544B	$4.444B	$3.158B	$1.047B	$583.2M	$696.5M	$452.0M	$470.8M	$225.3M	$166.2M
Short-Term Investments	$851.9M	$1.082B	$869.3M	$695.1M	$492.5M	$541.0M	$169.6M	$59.90M
Other Short-Term Assets	$6.866B	$5.173B	$4.741B	$2.632B	$942.8M	$525.7M	$245.2M	$134.5M	$37.10M	$24.90M	$17.20M
YoY Change	32.73%	9.11%	80.15%	179.16%	79.34%	114.4%	82.3%	262.53%	49.0%	44.77%
Inventory	$110.1M	$97.70M	$77.06M	$61.10M	$47.70M	$28.60M	$16.80M	$13.70M	$11.90M	$3.000M	$1.100M
Prepaid Expenses
Receivables	$5.806B	$4.428B	$1.261B	$1.067B	$622.6M	$387.3M	$629.3M	$331.5M	$184.0M	$146.6M	$67.20M
Other Receivables	$227.0M	$298.6M	$228.9M	$148.6M	$67.20M	$46.10M	$21.00M	$9.800M	$1.800M	$10.10M	$2.100M
Total Short-Term Assets	$18.86B	$15.62B	$11.62B	$7.762B	$3.220B	$2.112B	$1.778B	$1.001B	$705.6M	$409.9M	$253.8M
YoY Change	20.7%	34.44%	49.73%	141.06%	52.46%	18.76%	77.58%	41.92%	72.14%	61.51%
Property, Plant & Equipment	$540.8M	$702.5M	$731.5M	$690.4M	$262.3M	$291.4M	$91.50M	$88.30M	$87.20M	$63.70M	$51.70M
YoY Change	-23.02%	-3.97%	5.96%	163.21%	-9.99%	218.47%	3.62%	1.26%	36.89%	23.21%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$796.3M	$884.6M	$1.757B	$922.7M	$647.3M	$510.0M	$228.7M	$27.40M
YoY Change	-9.98%	-49.66%	90.46%	42.55%	26.92%	123.0%	734.67%
Other Assets	$194.3M	$173.1M	$139.6M	$40.50M	$86.40M	$28.90M	$16.20M	$17.80M	$18.50M	$17.70M	$11.70M
YoY Change	12.29%	23.95%	244.73%	-53.13%	198.96%	78.4%	-8.99%	-3.78%	4.52%	51.28%
Total Long-Term Assets	$15.21B	$15.74B	$3.405B	$2.108B	$1.332B	$1.169B	$409.0M	$210.0M	$189.2M	$132.0M	$64.50M
YoY Change	-3.36%	362.31%	61.52%	58.32%	13.89%	185.84%	94.76%	10.99%	43.33%	104.65%
Total Assets	$34.07B	$31.36B	$15.03B	$9.870B	$4.551B	$3.281B	$2.187B	$1.211B	$894.8M	$541.9M	$318.3M
YoY Change
Accounts Payable	$142.6M	$95.85M	$82.17M	$47.10M	$42.10M	$36.40M	$16.80M	$12.60M	$18.90M	$5.400M	$4.500M
YoY Change	48.73%	16.64%	74.46%	11.88%	15.66%	116.67%	33.33%	-33.33%	250.0%	20.0%
Accrued Expenses	$708.7M	$577.6M	$427.7M	$267.0M	$218.4M	$112.2M	$72.90M	$51.60M	$62.60M	$27.80M	$18.70M
YoY Change	22.69%	35.06%	60.19%	22.25%	94.65%	53.91%	41.28%	-17.57%	125.18%	48.66%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$16.84M	$497.5M	$464.1M	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change	-100.0%	-96.62%	7.2%
Long-Term Debt Due	$0.00	$460.4M	$455.0K
YoY Change	-100.0%	101077.14%
Total Short-Term Liabilities	$9.922B	$8.435B	$6.536B	$4.126B	$1.694B	$1.019B	$972.8M	$577.5M	$334.2M	$191.1M	$129.7M
YoY Change	17.63%	29.05%	58.4%	143.56%	66.33%	4.7%	68.45%	72.8%	74.88%	47.34%
Long-Term Debt	$4.120B	$4.110B	$4.559B	$2.587B	$938.8M	$899.7M	$358.6M	$0.00	$0.00	$30.00M	$0.00
YoY Change	0.25%	-9.86%	76.24%	175.55%	4.35%	150.89%			-100.0%
Other Long-Term Liabilities	$1.300B	$1.436B	$602.6M	$475.0M	$203.3M	$242.3M	$68.90M	$57.30M	$52.20M	$47.10M	$26.30M
YoY Change	-9.5%	138.31%	26.87%	133.64%	-16.1%	251.67%	20.24%	9.77%	10.83%	79.09%
Total Long-Term Liabilities	$5.420B	$5.546B	$5.162B	$3.062B	$1.142B	$1.142B	$427.5M	$57.30M	$52.20M	$77.10M	$26.30M
YoY Change	-2.28%	7.44%	68.58%	168.09%	0.01%	167.13%	646.07%	9.77%	-32.3%	193.16%
Total Liabilities	$15.37B	$14.14B	$11.75B	$7.188B	$2.836B	$2.161B	$1.401B	$635.2M	$386.7M	$268.2M	$156.0M
YoY Change	8.72%	20.32%	63.52%	153.44%	31.28%	54.22%	120.54%	64.26%	44.18%	71.92%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Basic Shares Outstanding	608.9M shares	578.9M shares	458.4M shares	443.1M shares	425.0M shares	405.7M shares	379.3M shares	341.6M shares	170.5M shares	142.0M shares
Diluted Shares Outstanding	614.0M shares	578.9M shares	501.8M shares	482.2M shares	466.1M shares	405.7M shares	379.3M shares	341.6M shares	170.5M shares	142.0M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $61.312 Billion

About Block, Inc.

Block, Inc. engages in creating ecosystems for distinct customer audiences. The company is headquartered in Oakland, California and currently employs 12,985 full-time employees. The company went IPO on 2015-11-19. The firm operates through two segments: Square and Cash App. Square segment includes managed payment services, software solutions, hardware, and financial services offered to sellers, excluding those that involve Cash App. Square is a cohesive commerce ecosystem that helps sellers start, run, and grow their businesses, including enabling sellers to accept card payments, provide reporting and analytics, and facilitating next-day settlement. Cash App segment includes the financial tools available to individuals within the mobile Cash App, including peer-to-peer payments, bitcoin and stock investments. Cash App also includes Cash App Card, which is linked to customer stored balances that customers can use to pay for purchases or withdraw funds from an ATM. Cash App also includes the BNPL platform. Its bitcoin ecosystem includes TBD, which is an open developer platform.

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