Block (SQ)

Company Profile

square helps anyone take care of their business. square's complete register service is a full point of sale with tools for every part of running a business, from accepting credit cards to inventory tracking, and small business financing. customers also use square order, a new way to pre-order food and drinks for pickup and individuals use cash, the easiest way to send and receive money. founded in 2009 and headquartered in san francisco, square is currently available in the united states, canada, and japan. square offices are located in san francisco, new york, atlanta, st. louis, kitchener-waterloo, and tokyo.

Company profile

Ticker

SQ, BSQKZ

Exchange

NYSE

Website

squareup.com/us/en

CEO

Jack Dorsey

Incorporated

Delaware

Location

California

Fiscal year end

Dec 31

Sector

Information > Data Processing, Hosting, and Related Services

Industry (SIC)

Services - Prepackaged Software

Microsoft • Oracle • Mobileye Global • Activision Blizzard • Gen Digital • Vmware • Adobe • Salesforce • BlackBerry • Ceridian HCM Holding ...

Former names

Square, Inc.

SEC CIK

0001512673

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

Afterpay Australia Pty Ltd • Afterpay Corporate Services Pty Ltd • Afterpay US, Inc. • Afterpay US Services, LLC • Square Capital LLC • Square Financial Services, Inc. • Square Technologies, Inc. • Tidal Music LLC ...

SQ stock data

1M 1Y 5Y

Analyst ratings and price targets

Last 3 months

Average target

$90.00

Low target

$85.00

High target

$95.00

Latest filings (excl ownership)

View all

8-K

Departure of Directors or Certain Officers

3 Aug 23

Results of Operations and Financial Condition

3 Aug 23

8-K

Block Names Neha Narula, Director of the Digital Currency Initiative at MIT

Departure of Directors or Certain Officers

11 Jul 23

CORRESP

Correspondence with SEC

Submission of Matters to a Vote of Security Holders

15 Jun 23

8-K

Entry into a Material Definitive Agreement

9 Jun 23

Transcripts

View all

Earnings call transcript

2023 Q2

3 Aug 23

Earnings call transcript

2023 Q1

4 May 23

Earnings call transcript

2022 Q4

23 Feb 23

Earnings call transcript

2022 Q3

4 Nov 22

Earnings call transcript

2022 Q2

5 Aug 22

Earnings call transcript

2022 Q1

6 May 22

Earnings call transcript

2021 Q4

25 Feb 22

Earnings call transcript

2021 Q3

5 Nov 21

Earnings call transcript

2021 Q2

5 Aug 21

Earnings call transcript

2021 Q1

7 May 21

Latest ownership filings

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144

Notice of proposed sale of securities

25 Aug 23

144

Notice of proposed sale of securities

25 Aug 23

144

Notice of proposed sale of securities

25 Aug 23

144

Notice of proposed sale of securities

25 Aug 23

144

Notice of proposed sale of securities

Financial summary

Financial statements Chart SQ financial data

Quarter (USD)	Jun 23	Mar 23	Dec 22	Sep 22
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 22	Dec 21	Dec 20	Dec 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	8.71 bn	8.71 bn	8.71 bn	8.71 bn	8.71 bn	8.71 bn
Cash burn (monthly)	212.57 mm	(no burn)	44.04 mm	28.12 mm	(no burn)	(no burn)
Cash used (since last report)	611.88 mm	n/a	126.76 mm	80.95 mm	n/a	n/a
Cash remaining	8.10 bn	n/a	8.58 bn	8.63 bn	n/a	n/a
Runway (months of cash)	38.1	n/a	194.9	306.8	n/a	n/a

Beta Read what these cash burn values mean

Financial data from Block earnings reports.

Institutional ownership, Q2 2023

SQ institutional ownership history Ownership history

69.5% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	920	961	-4.3%
Opened positions	103	126	-18.3%
Closed positions	144	146	-1.4%
Increased positions	275	324	-15.1%
Reduced positions	358	340	+5.3%

13F shares	Current	Prev Q	Change
Total value	24.48 tn	26.27 tn	-6.8%
Total shares	381.94 mm	397.24 mm	-3.9%
Total puts	15.11 mm	27.32 mm	-44.7%
Total calls	20.26 mm	28.63 mm	-29.2%
Total put/call ratio	0.7	1.0	-21.8%

Largest owners	Shares	Value	Change
Vanguard	34.33 mm	$2.29 tn	-3.5%
BLK Blackrock	29.73 mm	$1.98 tn	+19.1%
FMR	24.63 mm	$1.64 tn	-27.8%
MS Morgan Stanley	18.25 mm	$1.21 tn	-19.1%
Wellington Management	16.59 mm	$1.10 tn	+18.3%
Sands Capital Management	14.47 mm	$963.51 bn	-3.2%
SCGF Iv Management	14.20 mm	$796.27 mm	0.0%
Capital World Investors	11.37 mm	$756.81 bn	+0.5%
STT State Street	10.88 mm	$723.99 bn	-2.0%
ARK Investment Management	10.73 mm	$714.09 bn	+2.4%

Largest transactions	Shares	Bought/sold	Change
Fisher Asset Management	122.56 k	-11.22 mm	-98.9%
FMR	24.63 mm	-9.47 mm	-27.8%
Capital International Investors	0.00	-5.04 mm	EXIT
BLK Blackrock	29.73 mm	+4.77 mm	+19.1%
MS Morgan Stanley	18.25 mm	-4.30 mm	-19.1%
Atreides Management	2.69 mm	+2.69 mm	NEW
Wellington Management	16.59 mm	+2.56 mm	+18.3%
Viking Global Investors	0.00	-2.35 mm	EXIT
Voya Investment Management	1.24 mm	-2.14 mm	-63.4%
Massachusetts Financial Services	205.04 k	-2.04 mm	-90.8%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

SQ insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
21 Aug 23	Ahuja Amrita	Class A Common Stock	Sell	Dispose S	No	No	56.49	3,369	190.31 k	230,723
21 Aug 23	Ajmere Dale	Class A Common Stock	Sell	Dispose S	No	No	56.49	629	35.53 k	72,981
21 Aug 23	Chrysty Esperanza	Class A Common Stock	Sell	Dispose S	No	No	56.49	606	34.23 k	64,866
21 Aug 23	Brian Grassadonia	Class A Common Stock	Sell	Dispose S	No	No	56.49	2,638	149.02 k	303,352
21 Aug 23	Henry Alyssa	Class A Common Stock	Sell	Dispose S	No	No	56.49	2,357	133.15 k	479,708