Block Q4 2022 gross profit $1.66B (+40% YoY); Cash App gross profit up 64%

Block, Inc.

2022-FY EPS reported -$0.93 revenue$17,531,587,000

Gross profit $1.66B, up 40% YoY; Square $801M (+22%), Cash App $848M (+64%).
Total net revenue $4.65B (+14% YoY); ex-bitcoin revenue $2.82B (+33%).
Cash App had 51M monthly transacting actives in Dec; 2/3 transact weekly.
Square ecosystem: 44% of gross profit from sellers using 4+ monetized products in 2022.
Excluding bitcoin and BNPL, revenue $2.55B (+21% YoY).

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.7

Block, Inc. reported financial results for the fourth quarter and fiscal year ended December 31, 2022.

Period: the fourth quarter and fiscal year ended December 31, 2022
Result: reported results

Exact text from the filing

On February 23, 2023, Block, Inc. (the “Company”) issued a Shareholder Letter (the “Letter”) announcing its financial results for the fourth quarter and fiscal year ended December 31, 2022.

View on SEC.gov

Browse all earnings releases →

Block, Inc. filing history →

Source: SEC EDGAR

accession 0001193125-23-046618

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.