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Block Inc
Previous close
$83.04
Day range
$67.43 - $76.50
Year range
$55.00 - $99.26
Market cap
57.61B USD
Avg Volume
5.76M
P/E ratio
-
Dividend yield
-
Primary exchange
NYSE
In the news
Financials
Income Statement
Revenue
Net income
(USD) | Dec 2024info | Y/Y change |
---|---|---|
Revenue | 6.03B | 4.50% |
Operating expense | 2.37B | 19.73% |
Net income | 1.95B | 992.84% |
Net profit margin | 32.26 | 947.40% |
Earnings per share | 0.71 | 57.78% |
EBITDA | 102.39M | 2.34% |
Effective tax rate | -592.84% | — |
Balance Sheet
Total assets
Total liabilities
(USD) | Dec 2024info | Y/Y change |
---|---|---|
Cash and short-term investments | 8.48B | 35.75% |
Total assets | 36.78B | 7.95% |
Total liabilities | 15.54B | 1.08% |
Total equity | 21.23B | — |
Shares outstanding | 619.68M | — |
Price to book | 2.42 | — |
Return on assets | -0.27% | — |
Return on capital | -0.35% | — |
Cash Flow
Net change in cash
(USD) | Dec 2024info | Y/Y change |
---|---|---|
Net income | 1.95B | 992.84% |
Cash from operations | — | — |
Cash from investing | — | — |
Cash from financing | 707.57M | -11.60% |
Net change in cash | 296.08M | -12.50% |
Free cash flow | -1.97B | -108.23% |
About
Block, Inc. is an American technology company that provides financial services to consumers and merchants. Founded in 2009 by Jack Dorsey, it is the U.S. market leader in point-of-sale systems. As of 2023, Block has 56 million users and 4 million sellers, processing $228 billion in payments annually.
Block's inaugural product Square, launched in 2009, is a point-of-sale system. It allows sellers to accept card payments and manage various operations, including bookings, e-Commerce, inventory, payroll, shift scheduling, banking, and obtaining business loans. Additionally, Block's portfolio includes Cash App, a consumer-focused digital wallet introduced in 2013. This wallet allows users to send, receive or save money, access a debit card, invest in stocks and bitcoin, apply for personal loans, and file taxes. Block also owns Afterpay, a buy now, pay later business; Bitkey, a self-custody bitcoin wallet; a hardware business in bitcoin mining; and Tidal, a music streaming business. Wikipedia
CEO
Founded
Feb 2009
Employees
12,000