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SQ

61.37USD-2.01(-3.17%)Market Closed

Square Inc

Market Summary

USD61.37-2.01Market Closed
-3.17%

SQ Alerts

SQ Stock Price

RSI Chart

Valuation

Market Cap

35.6B

Price/Earnings

-72.87

Price/Sales

2.19

Price/Cashflow

49.73

MarketCap/EBT

-72.15

Price/Sales

Profitability

Operating Margin

31.19%

EBT Margin

-3.03%

Return on Equity

-2.9%

Return on Assets

-1.69%

Fundamentals

Revenue

Revenue (TTM)

16.3B

Revenue Y/Y

-5.9%

Revenue Q/Q

11.21%

Earnings

Earnings (TTM)

-489.0M

Earnings Y/Y

-201.96%

Earnings Q/Q

-1.87%

Price Action

52 Week Range

51.34220.60
(Low)(High)

Last 7 days

-0.8%

Last 30 days

0.1%

Last 90 days

-11.1%

Trailing 12 Months

-71.1%

Financial Health

Current Ratio

1.8

Investor Care

Shares Dilution (1Y)

27.65%

Diluted EPS (TTM)

-0.89

Peers (Alternatives to Square)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
100.8B
16.9B
6.47% 14.11%
34.19
6.11
9.86% 12.25%
65.6B
17.4B
-0.82% 3.57%
31.53
3.78
9.89% 59.95%
35.6B
16.3B
0.13% -71.06%
-72.87
2.19
2.24% -185.26%
32.6B
19.3B
-4.20% -22.16%
14.44
1.69
10.57% 34.44%
21.6B
1.4B
-2.76% -17.95%
26.22
15.49
6.77% 34.71%
MID-CAP
7.1B
6.3B
1.75% 15.06%
19.36
1.13
3.99% -18.61%
6.9B
15.4B
-3.14% -5.08%
12.68
0.43
-8.73% 94.10%
5.9B
7.5B
2.55% 27.78%
22.72
0.79
3.56% -8.77%
2.1B
1.1B
-6.37% 19.23%
46.55
1.96
5.13% -31.88%
SMALL-CAP
1.8B
2.4B
-2.34% -25.72%
-3.25
0.84
60.22% 56.07%
1.0B
411.1M
1.63% -78.49%
-5.38
2.69
21.18% 4.38%
601.3M
2.0B
-54.00% -78.22%
-2.68
0.3
-6.20% 49.90%
484.1M
322.6M
-34.91% -64.52%
-71.86
1.5
10.82% -199.96%
282.0M
214.4M
-20.95% -45.49%
-110.97
1.33
1.07% -145.72%
89.0M
78.9M
-7.67% -54.39%
-10.41
1.14
20.00% -1729.41%

Financials for Square

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q22022Q12021Q42021Q32021Q2
Revenue-1.7%16,28816,56517,66116,74215,931
Gross Profit6.9%5,0804,7514,4204,0413,703
  S&GA Expenses8.9%1,9251,7681,6171,4601,400
  R&D Expenses12.6%1,7721,5741,3991,2561,117
Earnings Before Taxes-439.4%-493.85-91.56157530568
Net Income-535.6%-488.96-76.92166537574
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q22022Q12021Q42021Q32021Q2
Assets-0.8%28,88529,12715,02613,90913,816
  Current Assets5.6%12,52611,86111,62210,56211,000
    Cash Equivalents0.7%4,0203,9944,4444,5154,581
  Net PPE-282----
  Goodwill-3.6%11,98212,429519520501
Liabilities2.7%11,99411,67710,61210,90511,079
  Current Liabilities15.4%6,9616,0306,5365,5495,647
    LT Debt, Current100995.4%4600---
    LT Debt, Non Current-3.8%4,5594,7384,841--
Shareholder's Equity-3.2%16,85517,4133,2732,9602,689
  Retained Earnings-89.6%-440.18-232.16-27.964949
  Additional Paid-In Capital1.7%17,72517,4273,3172,9182,632
Shares Outstanding7.4%581541461455-
Minority Interest-3.4%3638414548
Float-95,200----
* denotes actual numbers (not divided by Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q22022Q12021Q42021Q32021Q2
Cashflow From Operations-39.0%7161,175848794780
  Share Based Compensation14.4%875765608544489
Cashflow From Investing4426.9%962-22.24-1,310.88-1,331.54-1,237.38
Cashflow From Financing-146.6%-699.511,5022,6524,3444,421

Risks

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

58.9%


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

53.5%


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.

Returns

Cumulative Returns on SQ

26.2%


7-Year Cumulative Returns

9.4%


5-Year Cumulative Returns

-3.9%


3-Year Cumulative Returns

What are the long-term rolling returns for SQ?

FIve years rolling returns for Square.

Which funds bought or sold SQ recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-23
Toroso Investments, LLC
REDUCED
-2.92
-2,231,000
14,740,000
0.61%
2022-11-23
Gould Capital, LLC
REDUCED
-0.01
-66,000
556,000
0.48%
2022-11-23
Eagle Bay Advisors LLC
ADDED
9.39
-91
13,000
0.01%
2022-11-22
IHT Wealth Management, LLC
-
-
-6,000
407,000
0.03%
2022-11-22
B. Riley Wealth Advisors, Inc.
REDUCED
-27.89
-633,000
1,152,000
0.04%
2022-11-22
Seaport Global Advisors, LLC
-
-
-28,000
248,000
1.01%
2022-11-22
CVA Family Office, LLC
-
-
10,000
20,000
-%
2022-11-22
Capital Impact Advisors, LLC
-
-
-185,000
289,000
0.29%
2022-11-21
Sunbelt Securities, Inc.
-
-
-46,000
348,000
0.07%
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
-
-
-5,993,000
50,205,000
0.09%

1–10 of 42

Latest Funds Activity

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

Square News

Investing.com UK

London open: Stocks rally amid China easing hopes By Sharecast.69 minutes ago

Investor's Business Daily

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

-60.29%

39.91

-34.97%

100.71

64.10%

185.78

202.72%

366.30

496.87%

Current Inflation

22.73

-62.96%

36.13

-41.13%

87.98

43.36%

160.40

161.37%

313.13

410.23%

Very High Inflation

20.72

-66.24%

31.62

-48.48%

73.21

19.29%

131.16

113.72%

252.35

311.19%

Historical Square Fair Value Estimates


Recent SEC filings of Square

View All Filings
Date Filed Form Type Document
Nov 18, 2022
4
Insider Trading
Nov 10, 2022
4
Insider Trading
Nov 04, 2022
4
Insider Trading
Nov 04, 2022
4
Insider Trading
Nov 03, 2022
8-K
Current Report
Nov 03, 2022
10-Q
Quarterly Report
Oct 28, 2022
4
Insider Trading
Oct 21, 2022
8-K
Current Report
Oct 21, 2022
4
Insider Trading
Oct 14, 2022
4
Insider Trading

Latest Insider Trading transactions for SQ

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-11-16
Henry Alyssa
ACQUIRED
-
-
30,769
Square Lead
2022-11-16
Henry Alyssa
SOLD
-2,206,360
71.7073
-30,769
Square Lead
2022-11-15
Henry Alyssa
ACQUIRED
146.76
73.38
2
Square Lead
2022-11-09
Henry Alyssa
SOLD
-1,817,170
59.0586
-30,769
Square Lead
2022-11-09
Henry Alyssa
ACQUIRED
-
-
30,769
Square Lead
2022-11-02
Henry Alyssa
ACQUIRED
-
-
30,769
Square Lead
2022-11-02
Henry Alyssa
SOLD
-1,798,760
58.46
-30,769
Square Lead
2022-11-02
Ahuja Amrita
SOLD
-224,845
58.86
-3,820
Chief Financial Officer
2022-10-26
Henry Alyssa
SOLD
-1,841,180
59.8389
-30,769
Square Lead
2022-10-26
Henry Alyssa
ACQUIRED
-
-
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

2022-09-30
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenue:    
Revenue$ 4,515,541$ 3,844,727$ 12,880,685$ 13,582,669
Cost of revenue:    
Amortization of acquired technology assets18,5066,35151,87416,056
Total cost of revenue2,948,4522,711,5128,548,98810,344,889
Gross profit1,567,0891,133,2154,331,6973,237,780
Operating expenses:    
Product development548,037360,7291,531,088992,498
Sales and marketing485,838409,0731,518,2271,132,411
General and administrative395,437267,3481,235,306683,969
Transaction, loan, and consumer receivable losses147,58662,306395,433130,874
Bitcoin impairment losses1,6196,00037,58071,126
Amortization of customer and other acquired intangible assets37,3614,763103,41411,176
Total operating expenses1,615,8781,110,2194,821,0483,022,054
Operating income (loss)(48,789)22,996(489,351)215,726
Interest expense, net6,04213,40934,75620,126
Other expense (income), net(18,798)12,011(71,036)(36,249)
Income (loss) before income tax(36,033)(2,424)(453,071)231,849
Provision (benefit) for income taxes(17,289)452(17,687)(7,961)
Net income (loss)(18,744)(2,876)(435,384)239,810
Less: Net loss attributable to noncontrolling interests(4,033)(2,960)(8,460)(3,303)
Net income (loss) attributable to common stockholders$ (14,711)$ 84$ (426,924)$ 243,113
Net income (loss) per share attributable to common stockholders:    
Basic (in USD per share)$ (0.02)$ 0.00$ (0.75)$ 0.53
Diluted (in USD per share)$ (0.02)$ 0.00$ (0.75)$ 0.48
Weighted-average shares used to compute net income (loss) per share attributable to common stockholders:    
Basic (in shares)592,672460,654572,234457,039
Diluted (in shares)592,672504,120572,234520,204
Transaction-based revenue    
Revenue:    
Revenue$ 1,517,890$ 1,297,040$ 4,226,566$ 3,484,245
Cost of revenue:    
Cost of revenue901,990751,7942,493,9881,958,423
Subscription and services-based revenue    
Revenue:    
Revenue1,191,511694,7703,245,9241,937,629
Cost of revenue:    
Cost of revenue225,903128,177622,031337,559
Hardware revenue    
Revenue:    
Revenue43,38837,255128,765109,769
Cost of revenue:    
Cost of revenue76,00251,150223,160153,035
Bitcoin revenue    
Revenue:    
Revenue1,762,7521,815,6625,279,4308,051,026
Cost of revenue:    
Cost of revenue$ 1,726,051$ 1,774,040$ 5,157,935$ 7,879,816

SQ Balance Sheet

2022-09-30
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets:  
Cash and cash equivalents$ 4,331,787$ 4,443,669
Investments in short-term debt securities1,052,973869,283
Settlements receivable1,761,6941,171,612
Customer funds2,983,6582,830,995
Loans held for sale462,980517,940
Safeguarding asset related to bitcoin held for other parties527,6691,100,596
Other current assets1,175,873687,429
Total current assets13,548,76111,621,524
Property and equipment, net316,378282,140
Goodwill11,557,984519,276
Acquired intangible assets, net2,030,876257,049
Investments in long-term debt securities802,8801,526,430
Operating lease right-of-use assets425,519449,406
Other non-current assets438,534370,535
Total assets29,120,93215,026,360
Current liabilities:  
Customers payable4,891,0153,979,624
Settlements payable329,796254,611
Accrued expenses and other current liabilities968,495638,854
Current portion of long-term debt (Note 15)460,170455
Safeguarding obligation liability related to bitcoin held for other parties527,6691,100,596
Operating lease liabilities, current70,30464,027
PPP Liquidity Facility advances31,116497,533
Total current liabilities7,278,5656,535,700
Deferred tax liabilities159,49815,236
Warehouse funding facilities479,4220
Long-term debt (Note 15)4,107,2454,559,208
Operating lease liabilities, non-current369,798395,017
Other non-current liabilities196,466207,610
Total liabilities12,590,99411,712,771
Commitments and contingencies (Note 20)
Stockholders’ equity:  
Preferred stock, $0.0000001 par value: 100,000,000 shares authorized at September 30, 2022 and December 31, 2021. None issued and outstanding at September 30, 2022 and December 31, 2021.00
Additional paid-in capital17,999,1923,317,255
Accumulated other comprehensive loss(1,046,639)(16,435)
Accumulated deficit(454,889)(27,965)
Total stockholders’ equity attributable to common stockholders16,497,6643,272,855
Noncontrolling interests32,27440,734
Total stockholders’ equity16,529,9383,313,589
Total liabilities and stockholders’ equity29,120,93215,026,360
Consumer Portfolio Segment  
Current assets:  
Consumer receivables, net1,252,1270
Class A  
Stockholders’ equity:  
Common stock00
Class B  
Stockholders’ equity:  
Common stock$ 0$ 0