Block Overview

  • Year Founded
  • 2009

Year Founded

  • Status
  • Public

  • Employees
  • 12,985

Employees

  • Stock Symbol
  • SQ

Stock Symbol

  • Investments
  • 57

  • Share Price
  • $80.06
  • (As of Thursday Closing)

Block General Information

Description

Founded in 2009, Block provides payment services to merchants, along with related services. The company also launched Cash App, a person-to-person payment network. In 2023, Square's payment volume was a little over $200 million.

Contact Information

Website
www.block.xyz
Formerly Known As
Square, Inc., Square
Ownership Status
Publicly Held
Financing Status
Formerly VC-backed
Primary Industry
Financial Software
Other Industries
Other Financial Services
Stock Exchange
NYS
Corporate Office
  • 1455 Market Street
  • Suite 600
  • San Francisco, CA 94103
  • United States
+1 (415) 000-0000

Block Timeline

2021202220232024
Financing RoundCaptured Employee CountEstimated Employee Growth

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Block Stock Performance

(As of Thursday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$80.06 $78.51 $38.85 - $87.52 $49.3B 616M 10.3M $0.02

Block Financials Summary

In Thousands,
USD
TTM 31-Dec-2023 FY 2023 31-Dec-2023 FY 2022 31-Dec-2022 FY 2021 31-Dec-2021
EV 43,714,241 43,714,241 34,285,277 72,432,281
Revenue 21,915,623 21,915,623 17,531,587 17,661,203
EBITDA 343,309 343,309 (188,566) 325,343
Net Income 9,772 9,772 (540,747) 166,284
Total Assets 34,069,893 34,069,893 31,364,340 13,925,764
Total Debt 6,071,517 6,071,517 6,332,764 5,516,240
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Block Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Block Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion
Price
% Owned

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Block Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Founded in 2009, Block provides payment services to merchants, along with related services. The company also launched Ca
Financial Software
San Francisco, CA
12,985 As of 2023
00.00
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000000000 00000000
Noida, India
00000 As of 0000
000
00.00 0000-00-00
00000000000 000

000000

. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore e
00000000 00000000
Ottawa, Canada
00000 As of 0000
00000
000000000 00000
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Block Competitors (78)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Paytm Formerly VC-backed Noida, India 00000 000 00000000000 000
Shopify Formerly VC-backed Ottawa, Canada 00000 00000 000000000 00000
PayU Formerly VC-backed Amsterdam, Netherlands 0000 000 00000000
Payscout Venture Capital-Backed Sherman Oaks, CA 000000 0
Mercado Pago Corporation Sao Paulo, Brazil 000
You’re viewing 5 of 78 competitors. Get the full list »

Block Patents

Block Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-11902607-B1 Multi-participant media control and playback Active 28-Nov-2022 00000000000 0
US-11893067-B1 Cause identification using dynamic information source(s) Active 30-Sep-2022 0000000000 00
US-11888730-B1 Dynamically optimizing routing within a decentralized network Active 20-Sep-2022 000000000 0
US-20240086480-A1 Adaptive collaboration recommendation platform Pending 09-Sep-2022 00000000000
US-11748759-B1 Using transaction data to present search results Active 02-Sep-2022 G06F16/24578 0
To view Block’s complete patent history, request access »

Block Executive Team (77)

Name Title Board Seat Contact Info
Jack Dorsey Chief Executive Officer & Chairman
Brian Grassadonia Chief Executive Officer
Lewis Goodwin Chief Executive Officer, Square Financial Services (Bank)
Jesse Dorogusker Chief Executive Officer, Tidal & Bitcoin Hardware Lead
Amrita Ahuja Chief Financial Officer & Chief Operating Officer
You’re viewing 5 of 77 executive team members. Get the full list »

Block Board Members (21)

Name Representing Role Since
Amy Brooks Self Board Member 000 0000
Darren Walker JD Self President & Board Member 000 0000
Jack Dorsey Block Chief Executive Officer & Chairman 000 0000
James McKelvey Self Founder & Board Member 000 0000
Mary Meeker Kleiner Perkins Board Member 000 0000
You’re viewing 5 of 21 board members. Get the full list »

Block Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Block Investments & Acquisitions (57)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
HIFI 11-Oct-2023 0000000000 Other Financial Services
Gridless 06-Dec-2022 0000 00000 000 Other Financial Services
TRM Labs 10-Nov-2022 00000 0000 00000 Financial Software
Telda 12-Oct-2022 0000 00000 0000 Financial Software
Satispay 27-Sep-2022 Later Stage VC 00000 Financial Software
You’re viewing 5 of 57 investments and acquisitions. Get the full list »

Block Subsidiaries (8)

Company Name Industry Location Founded
GoParrot Media and Information Services (B2B) New York, NY 2016
Verse (Financial Software) Financial Software Barcelona, Spain 0000
Crew (Communication Software) Communication Software San Francisco, CA 0000
Afterpay Financial Software Melbourne, Australia 0000
Catapult Mediaworks Movies, Music and Entertainment Walnut Creek, CA 0000
You’re viewing 5 of 8 subsidiaries. Get the full list »

Block ESG

Risk Overview

Risk Rating

Updated January, 26, 2024

19.95 | Low Risk

Risk Scale

A lower score indicates better sustainability

Negl

0-10

Low

10-20

Med

20-30

High

30-40

Severe

40+

Exposure

Exposure refers to the extent to which a company is exposed to different material ESG issues

00.00

Management

Management is related to actions taken to manage ESG issues

00.00

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

00 of 16,173

Rank

00.00

Percentile

Software & Services

Industry

00 of 1,101

Rank

00.00

Percentile

Data Processing

Subindustry

00 of 99

Rank

00.0

Percentile

To view Block’s complete esg history, request access »

Block Exits (7)

Company Name Exit Date Exit Type Exit Size Status Buyers
Ōura 01-Jun-2021 00000 00000 00 00000 Completed
  • 32 buyers
Ōura 17-Mar-2020 00000 00000 00 00000 Completed
  • 16 buyers
Transparent Financial Systems 01-Dec-2019 00000 00000 00 0000 Completed
  • 7 buyers
Digital Reasoning 01-Sep-2019 00000 00000 00 000.00 Completed
  • 14 buyers
Eventbrite 01-Sep-2017 Later Stage VC 0000 Completed
  • 7 buyers
You’re viewing 5 of 7 exits. Get the full list »

Block FAQs

  • When was Block founded?

    Block was founded in 2009.

  • Who is the founder of Block?

    Jack Dorsey and Tristan O'Tierney are the founders of Block.

  • Who is the CEO of Block?

    Jack Dorsey, Brian Grassadonia, Lewis Goodwin, and Jesse Dorogusker are the CEOs of Block.

  • Where is Block headquartered?

    Block is headquartered in San Francisco, CA.

  • What is the size of Block?

    Block has 12,985 total employees.

  • What industry is Block in?

    Block’s primary industry is Financial Software.

  • Is Block a private or public company?

    Block is a Public company.

  • What is Block’s stock symbol?

    The ticker symbol for Block is SQ.

  • What is the current stock price of Block?

    As of 11-Apr-2024 the stock price of Block is $80.06.

  • What is the current market cap of Block?

    The current market capitalization of Block is $49.3B.

  • What is Block’s current revenue?

    The trailing twelve month revenue for Block is $21.9B.

  • Who are Block’s competitors?

    Paytm, Shopify, PayU, Payscout, and Mercado Pago are some of the 78 competitors of Block.

  • What is Block’s annual earnings per share (EPS)?

    Block’s EPS for 12 months was $0.02.

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