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Square Inc Stock Research

SQ

75.09USD+1.02(+1.38%)Delayed

Market Summary

USD75.09+1.02
Delayed
1.38%

SQ Alerts

SQ Stock Price

SQ RSI Chart

SQ Valuation

Market Cap

44.5B

Price/Earnings (Trailing)

-82.3

Price/Sales (Trailing)

2.54

EV/EBITDA

-153.09

Price/Free Cashflow

8.7K

SQ Price/Sales (Trailing)

SQ Profitability

Operating Margin

34.18%

EBT Margin

-3.22%

Return on Equity

-3.14%

Return on Assets

-1.72%

Free Cashflow Yield

0.01%

SQ Fundamentals

SQ Revenue

Revenue (TTM)

17.5B

Revenue Y/Y

14.03%

Revenue Q/Q

3%

SQ Earnings

Earnings (TTM)

-540.7M

Earnings Y/Y

-48.15%

Earnings Q/Q

-673.73%

Price Action

52 Week Range

51.34149.00
(Low)(High)

Last 7 days

-5.0%

Last 30 days

-3.6%

Last 90 days

12.4%

Trailing 12 Months

-28.1%

SQ Financial Health

Current Ratio

1.85

SQ Investor Care

Shares Dilution (1Y)

28.66%

Diluted EPS (TTM)

-0.93

Peers (Alternatives to Square)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
89.4B
17.2B
-6.21% 0.92%
28.42
5.19
9.88% 14.66%
70.0B
17.7B
-6.17% 14.47%
27.68
3.95
9.31% 89.66%
44.5B
17.5B
-3.58% -28.15%
-82.3
2.54
-0.73% -425.19%
29.7B
19.4B
-15.50% -34.47%
12.98
1.53
4.98% 7.16%
20.4B
1.4B
-9.85% -6.11%
30.35
14.35
7.33% -14.14%
MID-CAP
6.7B
6.5B
-6.29% -5.62%
18.33
1.03
6.38% -16.32%
5.7B
7.5B
-2.29% 18.08%
21.29
0.76
2.58% -9.12%
5.4B
14.8B
-21.29% -25.03%
7.52
0.36
-10.79% 217.70%
SMALL-CAP
2.0B
432.7M
15.63% 6.35%
-10.5
4.63
22.12% 14.33%
1.6B
1.1B
-17.43% -18.78%
36.68
1.48
4.13% -39.09%
1.3B
2.5B
-42.49% -58.08%
-3.03
0.52
50.22% 53.10%
257.5M
324.7M
-28.83% -63.85%
-16
0.79
10.96% -317.50%
233.9M
2.0B
-37.32% -83.97%
-2.21
0.12
-3.63% 76.37%
193.8M
79.0M
12.39% 27.29%
-16.23
2.45
13.25% -613.39%
191.4K
211.0M
-33.86% -33.86%
-0.02
9e-4
-0.04% -267.04%

Financials for Square

Income Statement (Last 12 Months)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue3.4%17,531,587,00016,959,219,00016,288,405,00016,564,578,00017,661,203,000
Gross Profit8.7%5,991,892,0005,513,740,0005,079,866,0004,751,282,0004,419,823,000
  S&GA Expenses2.7%2,057,951,0002,003,005,0001,926,240,0001,769,291,0001,617,189,000
  R&D Expenses9.6%2,135,612,0001,948,968,0001,761,660,0001,560,892,0001,383,841,000
EBITDA8.9%-261,022,000-286,546,000-310,913,00015,129,000259,095,000
EBITDA Margin11.9%-0.01-0.02-0.020.000.01
Earnings Before Taxes-7.2%-565,317,000-527,458,000-493,849,000-91,558,000157,462,000
EBT Margin-3.7%-0.03-0.03-0.03-0.010.01
Interest Expenses24.1%-36,228,000-47,754,000-55,121,000-48,619,000-33,124,000
Net Income-6.4%-540,747,000-508,180,000-493,385,000-80,430,000166,284,000
Net Income Margin-2.9%-0.03-0.03-0.030.000.01
Free Cahsflow-97.0%5,088,000166,887,000563,361,0001,033,636,000713,510,000
Balance Sheet
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets7.7%31,36429,12128,88529,12715,026
  Current Assets15.3%15,62313,54912,52611,86111,622
    Cash Equivalents4.9%4,5444,3324,0203,9944,444
  Net PPE16.7%329282---
  Goodwill3.5%11,96711,55811,98212,429519
Liabilities12.1%14,11312,59111,99411,67711,713
  Current Liabilities15.9%8,4357,2796,9616,0306,536
    LT Debt, Current0.0%4604600.00--
    LT Debt, Non Current-9.9%4,1104,559---
Shareholder's Equity4.4%17,22316,49816,89117,4503,273
  Retained Earnings-25.0%-568-454-440-232-27.96
  Additional Paid-In Capital1.8%18,31517,99917,72517,4273,317
Shares Outstanding1.9%593581541--
Minority Interest-11.8%28.0032.0036.0038.0041.00
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations-45.9%1763257161,106848
  Share Based Compensation10.1%1,071973875765608
Cashflow From Investing-15.5%1,2261,451962-22.24-1,310
Cashflow From Financing111.6%98.00-839-1,5095642,652

Risks for SQ

What is the probability of a big loss on SQ?

100%


Probability that Square stock will be more than 20% underwater in next one year

65%


Probability that Square stock will be more than 30% underwater in next one year.

59.6%


Probability that Square stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does SQ drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Square was unfortunately bought at previous high price.

Drawdowns

Returns for SQ

Cumulative Returns on SQ

29.9%


7-Year Cumulative Returns

6.2%


5-Year Cumulative Returns

8.6%


3-Year Cumulative Returns

What are the long-term rolling returns for SQ?

FIve years rolling returns for Square.

Annualized Returns

Which funds bought or sold SQ recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-15
B. Riley Wealth Advisors, Inc.
reduced
-15.54
-41,052
1,110,950
0.03%
2023-03-10
VICTORY CAPITAL MANAGEMENT INC
reduced
-10.95
410,413
23,664,400
0.03%
2023-03-10
BAILLIE GIFFORD & CO
reduced
-0.92
1,117,290
9,572,290
0.01%
2023-03-06
Rockefeller Capital Management L.P.
added
11.63
1,859,000
8,601,000
0.04%
2023-03-06
Rockefeller Capital Management L.P.
sold off
-100
-3,000
-
-%
2023-03-02
OLIVER LAGORE VANVALIN INVESTMENT GROUP
reduced
-23.65
-12,062
80,938
0.05%
2023-03-02
LORING WOLCOTT & COOLIDGE FIDUCIARY ADVISORS LLP/MA
new
-
6,284
6,284
-%
2023-03-01
Regal Investment Advisors LLC
reduced
-12.95
-3,802
637,198
0.06%
2023-02-28
Voya Investment Management LLC
reduced
-2.53
-208,747,000
183,635,000
0.26%
2023-02-27
Parallax Volatility Advisers, L.P.
reduced
-46.61
-3,013,000
4,713,000
0.01%

1–10 of 40

Latest Funds Activity

Are funds buying SQ calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own SQ
No. of Funds

Square News

Marketscreener.com

Sitka Commences 2023 Diamond Drill Program at its RC Gold Project, Yukon.

Marketscreener.com,
50 minutes ago

The Motley Fool

Proactive Investors UK

The West Australian

WKYK

Swap Shop Items.

WKYK,
20 hours ago

ETFdb.com

With DAPP, Bet on Block.

ETFdb.com,
3 days ago

Seeking Alpha

Schedule 13G FIlings of Square

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 09, 2023
dorsey jack
8.3%
48,844,566
SC 13G/A
Feb 09, 2023
vanguard group inc
6.61%
35,515,147
SC 13G/A
Feb 08, 2023
morgan stanley
3.6%
19,563,158
SC 13G/A
Feb 14, 2022
rt-sq management, llc
0.2%
309,959
SC 13G/A
Feb 11, 2022
dorsey jack
10.8%
48,844,566
SC 13G/A
Feb 09, 2022
vanguard group inc
6.31%
25,189,188
SC 13G/A
Feb 09, 2022
morgan stanley
6.2%
24,807,873
SC 13G/A
Jan 10, 2022
invesco ltd.
0.3%
1,028,109
SC 13G/A
Dec 10, 2021
blackrock inc.
4.9%
19,390,552
SC 13G/A
Dec 10, 2021
invesco ltd.
10.6%
47,172,108
SC 13G

SQ Fair Value

Square fair value in different scenarios

The table shows the Fair Value estimates for Square for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

24.37

-67.55%

39.91

-46.85%

100.71

34.12%

185.78

147.41%

366.30

387.81%
Current Inflation

22.42

-70.14%

27.01

-64.03%

45.41

-39.53%

71.26

-5.10%

125.81

67.55%
Very High Inflation

20.72

-72.41%

31.62

-57.89%

73.21

-2.50%

131.16

74.67%

252.35

236.06%

Historical Square Fair Value Estimates


Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of Square

View All Filings
Date Filed Form Type Document
Mar 10, 2023
4
Insider Trading
Mar 03, 2023
4
Insider Trading
Feb 24, 2023
4
Insider Trading
Feb 23, 2023
10-K
Annual Report
Feb 23, 2023
8-K
Current Report
Feb 23, 2023
S-8
Employee Benefits Plan
Feb 17, 2023
3
Insider Trading
Feb 17, 2023
4
Insider Trading
Feb 10, 2023
SC 13G/A
Major Ownership Report
Feb 10, 2023
4
Insider Trading

Latest Insider Trading transactions for SQ

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-03-08
Henry Alyssa
sold
-2,378,420
77.2993
-30,769
square lead
2023-03-08
Henry Alyssa
acquired
-
-
30,769
square lead
2023-03-01
Henry Alyssa
sold
-2,343,900
76.1775
-30,769
square lead
2023-03-01
Henry Alyssa
acquired
-
-
30,769
square lead
2023-02-22
Henry Alyssa
acquired
-
-
30,769
square lead
2023-02-22
Henry Alyssa
sold
-2,247,510
73.0445
-30,769
square lead
2023-02-15
Henry Alyssa
sold
-2,464,100
80.0838
-30,769
square lead
2023-02-15
Henry Alyssa
acquired
-
-
30,769
square lead
2023-02-08
Henry Alyssa
acquired
-
-
30,769
square lead
2023-02-08
Henry Alyssa
sold
-2,545,880
82.7416
-30,769
square lead

1–10 of 50

Jack P. Dorsey
8520
Block, Inc., together with its subsidiaries, creates tools that enables sellers to accept card payments and provides reporting and analytics, and next-day settlement. It provides hardware products, including Magstripe reader, which enables swiped transactions of magnetic stripe cards; Contactless and chip reader that accepts Europay, MasterCard, and Visa (EMV) chip cards and Near Field Communication payments; Square Stand, which enables an iPad to be used as a payment terminal or full point of sale solution; Square Register that combines its hardware, point-of-sale software, and payments technology; Square Terminal, a payments device and receipt printer to replace traditional keypad terminals, which accepts tap, dip, and swipe payments. The company also offers various software products, including Square Point of Sale; Square Appointments; Square for Retail; Square for Restaurants; Square Online and Square Online Checkout; Square Invoices; Square Virtual Terminal; Square Team Management; Square Contracts; Square Loyalty, Marketing, and Gift Cards; and Square Dashboard. In addition, it offers a developer platform, which includes application programming interfaces and software development kits. Further, the company provides Cash App, which enables to send, spend, and store money; and Weebly that offers customers website hosting and domain name registration solutions. It serves in the United States, Canada, Japan, Australia, Ireland, France, Spain, and the United Kingdom. The company was formerly known as Square, Inc. and changed its name to Block, Inc. in December 2021. Block, Inc. was incorporated in 2009 and is based in San Francisco, California.

SQ Income Statement

2022-12-31
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Revenue:   
Revenue$ 17,531,587$ 17,661,203$ 9,497,578
Cost of Revenue [Abstract]   
Amortization of acquired technology assets70,19422,64511,174
Total cost of revenue11,539,69513,241,3806,764,169
Gross profit5,991,8924,419,8232,733,409
Operating expenses:   
Product development2,135,6121,383,841881,826
Sales and marketing2,057,9511,617,1891,109,670
General and administrative1,686,849982,817579,203
Transaction, loan, and consumer receivable losses550,683187,991177,670
Bitcoin impairment losses46,57171,1260
Amortization of customer and other acquired intangible assets138,75815,7473,855
Total operating expenses6,616,4244,258,7112,752,224
Operating income (loss)(624,532)161,112(18,815)
Interest expense, net36,22833,12456,943
Other income, net(95,443)(29,474)(291,725)
Income (loss) before income tax(565,317)157,462215,967
Provision (benefit) for income taxes(12,312)(1,364)2,862
Net income (loss)(553,005)158,826213,105
Less: Net loss attributable to noncontrolling interests(12,258)(7,458)0
Net income (loss) attributable to common stockholders$ (540,747)$ 166,284$ 213,105
Net income (loss) per share attributable to common stockholders:   
Basic (in USD per share)$ (0.93)$ 0.36$ 0.48
Diluted (in USD per share)$ (0.93)$ 0.33$ 0.44
Weighted-average shares used to compute net income (loss) per share attributable to common stockholders:   
Basic (in shares)578,949458,432443,126
Diluted (in shares)578,949501,779482,167
Transaction-based revenue   
Revenue:   
Revenue$ 5,701,540$ 4,793,146$ 3,294,978
Cost of Revenue [Abstract]   
Cost of revenue3,364,0282,719,5021,911,848
Subscription and services-based revenue   
Revenue:   
Revenue4,552,7732,709,7311,539,403
Cost of Revenue [Abstract]   
Cost of revenue861,745483,056222,712
Hardware revenue   
Revenue:   
Revenue164,418145,67991,654
Cost of Revenue [Abstract]   
Cost of revenue286,995221,185143,901
Bitcoin revenue   
Revenue:   
Revenue7,112,85610,012,6474,571,543
Cost of Revenue [Abstract]   
Cost of revenue$ 6,956,733$ 9,794,992$ 4,474,534

SQ Balance Sheet

2022-12-31
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current assets:  
Cash and cash equivalents$ 4,544,202$ 4,443,669
Investments in short-term debt securities1,081,851869,283
Settlements receivable2,416,3241,171,612
Customer funds3,180,3242,830,995
Loans held for sale474,036517,940
Safeguarding asset related to bitcoin held for other parties428,2431,100,596
Other current assets1,627,265687,429
Total current assets15,623,40511,621,524
Property and equipment, net329,302282,140
Goodwill11,966,761519,276
Acquired intangible assets, net2,014,034257,049
Investments in long-term debt securities573,4291,526,430
Operating lease right-of-use assets373,172449,406
Other non-current assets484,237370,535
Total assets31,364,34015,026,360
Current liabilities:  
Customers payable5,548,6563,979,624
Settlements payable462,505254,611
Accrued expenses and other current liabilities1,056,676702,881
Current portion of long-term debt (Note 15)460,356455
Warehouse funding facilities, current461,2400
Safeguarding obligation liability related to bitcoin held for other parties428,2431,100,596
PPP Liquidity Facility advances16,840497,533
Total current liabilities8,434,5166,535,700
Warehouse funding facilities, non-current132,49815,236
Warehouse funding facilities, non-current877,0660
Long-term debt (Note 15)4,109,8294,559,208
Operating lease liabilities, non-current357,419395,017
Other non-current liabilities201,657207,610
Total liabilities14,112,98511,712,771
Commitments and contingencies (Note 20)
Stockholders’ equity:  
Preferred stock, $0.0000001 par value: 100,000,000 shares authorized at December 31, 2022 and December 31, 2021. None issued and outstanding at December 31, 2022 and December 31, 2021.00
Additional paid-in capital18,314,6813,317,255
Accumulated other comprehensive loss(523,090)(16,435)
Accumulated deficit(568,712)(27,965)
Total stockholders’ equity attributable to common stockholders17,222,8793,272,855
Noncontrolling interests28,47640,734
Total stockholders’ equity17,251,3553,313,589
Total liabilities and stockholders’ equity31,364,34015,026,360
Consumer Portfolio Segment  
Current assets:  
Consumer receivables, net1,871,1600
Class A  
Stockholders’ equity:  
Common stock00
Class B  
Stockholders’ equity:  
Common stock$ 0$ 0