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Block Inc (SQ)

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72.38 -0.31    -0.43%
07:59:59 - Closed. Currency in USD
After Hours
72.70
+0.32
+0.44%
11:59:41 - Real-time Data
  • Volume: 5,489,718
  • Bid/Ask: 0.00 / 0.00
  • Day's Range: 71.63 - 72.90
Type:  Equity
Market:  United States
Block 72.38 -0.31 -0.43%

SQ Financial Summary

 
A brief financial summary of Block Inc as well as the most significant critical numbers from each of its financial reports. In addition, some financial ratios derived from these reports are featured. Users can opt to see 4 periods of either annual or quarterly information.

Block, Inc. reported earnings results for the second quarter and six months ended June 30, 2024. For the second quarter, the company reported revenue was USD 6,155.56 million compared to USD 5,534.96 million a year ago. Net income was USD 195.27 million compared to net loss of USD 102.04 million a year ago. Basic earnings per share from continuing operations was USD 0.32 compared to basic loss per share from continuing operations of USD 0.17 a year ago. Diluted earnings per share from continuing operations was USD 0.31 compared to diluted loss per share from continuing operations of USD 0.17 a year ago.For the six months, revenue was USD 12,112.69 million compared to USD 10,525.09 million a year ago. Net income was USD 667.27 million compared to net loss of USD 3.73 million a year ago. Basic earnings per share from continuing operations was USD 1.08 compared to basic loss per share from continuing operations of USD 0.01 a year ago. Diluted earnings per share from continuing operations was USD 1.05 compared to diluted loss per share from continuing operations of USD 0.01 a year ago.

AnnualQuarterly  
Advanced Financial Summary
TTM = Trailing Twelve Months
MRQ = Most Recent Quarter

SQ Income Statement

Gross margin TTM 35.42%
Operating margin TTM 2.64%
Net Profit margin TTM 2.9%
Return on Investment TTM 2.15%
 Total Revenue  Net Income
Period Ending: Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023
Total Revenue 6155.56 5957.13 5773.04 5617.49
Gross Profit 2251.07 2112.5 2043.8 1916.33
Operating Income 322.66 249.74 67.56 -9.91
Net Income 195.27 472 178.07 -28.95

SQ Balance Sheet

Quick Ratio MRQ 1.2
Current Ratio MRQ 1.82
LT Debt to Equity MRQ 28.92%
Total Debt to Equity MRQ 38.18%
 Total Assets  Total Liabilities
Period Ending: Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023
Total Assets 37546.6 35612.83 34069.89 32554.9
Total Liabilities 18253.6 16645.63 15377.06 14724.39
Total Equity 19293 18967.2 18692.84 17830.51

SQ Cash Flow Statement

Cash Flow/Share TTM 1.13
Revenue/Share TTM 37.88
Operating Cash Flow  4.25%
 Cash  Net Change in Cash
Period Ending: Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023
Period Length: 0 Months 0 Months 0 Months 0 Months
Cash From Operating Activities 519.39 489.4 -797.92 491.16
Cash From Investing Activities -174.97 1042.39 278.23 -173.93
Cash From Financing Activities 1140.94 32.41 800.44 -319.56
Net Change in Cash 1487.34 1522.44 338.36 -37.74
* In Millions of USD (except for per share items)
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SQ Comments

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brad rimm
brad rimm Dec 27, 2021 23:08
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Block chain will improve fintech margins, Dorsey knows it, so next 6-12 months will exciting. Just needs to lift the bottom line to improve PEG ratio. Bullish on crypto fintech.
Gavin Coombs
Gavin Coombs Dec 27, 2021 23:08
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Still think that after todays pullback?
Angela Song
Angela Song Aug 03, 2021 23:03
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turbo charged Afterpay =mega buy
Mark McCarthy
Mark McCarthy Aug 03, 2021 23:03
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Jack Dorsey bought me a house.
 
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