Block Inc - Company Profile
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Block Inc (Block), formerly Square Inc, is a fintech company that provides payment processing and point-of-sale (POS) solutions. The company provides payment, reporting and analytical, payroll, and customer engagement tools to manage bill payments, employee recruitment, employee working schedules, payroll, sales, and promotional activities. The company also offers hardware products such as contactless and chip readers, magstripe readers, and stands. Block serves diversified industries including food and beverages, retail, leisure and entertainment, health and fitness, home and repair, and beauty and personal care. The company's business operations span North America, Europe, and Asia-Pacific. Block is headquartered in San Francisco, California, the US.
Headquarters
United States of America
Address
Suite 600, 1455 Market Street, San Francisco, California, 94103
Website
www.block.xyz
Telephone
1 415 3753176
No of Employees
12,985
Industry
Technology and Communications
Ticker Symbol & Exchange
SQ (NYSE)
Revenue (2022)
$21.9B
25%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
101.8%
(2022 vs 2021)
Market Cap*
$45.3B
Net Profit Margin (2022)
XYZ
101.3%
(2022 vs 2021)
* As of and is in US$
Block Inc premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Software and Apps | Marketing Campaigns | Square |
| Cash Drawers | Financial Services | Cash App |
| Card Reader | TIDAL | |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | New Products/Services | In December, the company launched a Bitcoin wallet Bitkey. |
| 2023 | New Products/Services | In October, the company launched Tap to Pay on iPhone. |
| 2023 | New Products/Services | In October, Square launched 10 new generative AI features. |
Competitor Comparison
| Key Parameters | Block Inc | PayPal Holdings Inc | Mastercard Inc | ACI Worldwide Inc | Clover Network LLC |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | San Francisco | San Jose | Purchase | Coral Gables | Mountain View |
| State/Province | California | California | New York | Florida | California |
| No. of Employees | 12,985 | 27,200 | 33,400 | 3,212 | - |
| Entity Type | Public | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Jack Dorsey | Chairman | Executive Board | 2010 | 46 |
| Amrita Ahuja | Chief Operating Officer; Chief Financial Officer | Senior Management | 2023 | 43 |
| Chrysty Esperanza | Chief Legal Officer; Secretary | Senior Management | 2023 | 44 |
| Jesse Dorogusker | Chief Executive Officer - Tidal + Bitcoin Hardware | Senior Management | - | - |
| Mike Brock | Chief Executive Officer - TBD | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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