earnings
confidence high
sentiment positive
materiality 0.85
Block Q4 gross profit $1.18B +47% YoY; Cash App $518M +37%, Square $657M +54%
Block, Inc.
2021-FY EPS reported
$0.33
revenue$17,661,203,000
- Total net revenue $4.08B (+29% YoY); ex-bitcoin revenue $2.12B (+51%).
- Full-year gross profit $4.42B (+62% YoY); Cash App $2.07B (+69%), Square $2.32B (+54%).
- Cash Card monthly actives hit 13M in Dec, 31% of 44M total transacting actives.
- GPV $46.3B (+45% YoY); transaction-based gross profit margin 1.18%.
- Afterpay acquisition closed Jan 31, integrated with Square Online; Cash App Taxes launched Jan 2022.