7Baggers

SQ Stock Income Statements

The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.
     Revenue  
     Gross Profit  
     Operating Profit  
     Net Income  
    Quarterly
     | 
    Annual
     
    20190630 20190930 20191231 20200331 20200630 20200930 20201231 20210331 20210630 20210930 20211231 20220331 20220630 20220930 20221231 20230331 20230630 20230930 20231231 20240331 -226.79656.631,540.042,423.463,306.884,190.295,073.715,957.13Milllion
    Quarterly Income Statements
    Quarterly
     | 
    Annual
     
      Unit: USD2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31 2020-09-30 2020-06-30 2020-03-31 2019-12-31 2019-09-30 2019-06-30 2019-03-31 2018-12-31 2018-09-30 2018-06-30 2018-03-31 2017-12-31 2017-09-30 2017-06-30 2017-03-31 2016-12-31 2016-09-30 2016-06-30 2016-03-31 2015-12-31 
                                          
        revenue:                                  
        transaction-based revenue1,511,209,000 1,596,274,000 1,658,668,000 1,637,654,000 1,422,705,000 1,474,974,000 1,517,890,000 1,475,707,000 1,232,969,000 1,308,901,000 1,297,040,000 1,227,472,000 959,733,000 929,011,000 925,294,000 682,572,000 758,101,000 832,180,000 816,622,000 775,510,000 656,762,000 667,802,000 655,384,000 625,228,000 523,037,000 524,612,000 510,019,000 482,065,000 403,478,000      
        subscription and services-based revenue1,682,294,000 1,624,221,000 1,492,900,000 1,461,497,000 1,366,224,000 1,306,849,000 1,191,511,000 1,094,856,000 959,557,000 772,102,000 694,770,000 685,178,000 557,681,000 449,371,000 447,522,000 346,275,000 296,235,000 281,415,000 279,801,000 251,383,000 218,857,000 194,117,000 166,203,000 134,332,000 97,054,000 79,402,000 65,051,000 59,151,000 49,060,000 -924,313,000 388,347,000 364,864,000 300,453,000  
        hardware revenue32,501,000 32,464,000 42,341,000 44,922,000 37,451,000 35,653,000 43,388,000 48,051,000 37,326,000 35,910,000 37,255,000 43,726,000 28,788,000 24,363,000 27,294,000 19,322,000 20,675,000 22,267,000 21,766,000 22,260,000 18,212,000 18,166,000 17,558,000 18,362,000 14,417,000 12,021,000 10,089,000 10,289,000 9,016,000 8,869,000 8,171,000 11,085,000 16,182,000  
        bitcoin revenue2,731,124,000 2,520,083,000 2,423,584,000 2,390,884,000 2,163,751,000 1,833,426,000 1,762,752,000 1,785,885,000 1,730,793,000 1,961,621,000 1,815,662,000 2,724,296,000 3,511,068,000 1,756,225,000 1,633,764,000 875,456,000 306,098,000 177,567,000 148,285,000 125,085,000 65,528,000 52,443,000 42,963,000 37,016,000 34,095,000          
        total net revenue5,957,128,000 5,773,042,000 5,617,493,000 5,534,957,000 4,990,131,000 4,650,902,000 4,515,541,000 4,404,499,000 3,960,645,000 4,078,534,000 3,844,727,000 4,680,672,000 5,057,270,000 3,158,970,000 3,033,874,000 1,923,625,000 1,381,109,000 1,313,429,000 1,266,474,000 1,174,238,000 959,359,000 932,528,000 882,108,000 814,938,000 668,603,000 616,035,000 585,159,000 551,505,000 461,554,000 451,917,000 439,002,000 438,533,000 379,269,000  
        yoy19.38% 24.13% 24.40% 25.67% 25.99% 14.03% 17.45% -5.90% -21.68% 29.11% 26.73% 143.33% 266.17% 140.51% 139.55% 63.82% 43.96% 40.85% 43.57% 44.09% 43.49% 51.38% 50.75% 47.77% 44.86% 36.32% 33.29% 25.76% 21.70%      
        qoq3.19% 2.77% 1.49% 10.92% 7.29% 3.00% 2.52% 11.21% -2.89% 6.08% -17.86% -7.45% 60.09% 4.12% 57.72% 39.28% 5.15% 3.71% 7.85% 22.40% 2.88% 5.72% 8.24% 21.89% 8.53% 5.28% 6.10% 19.49% 2.13% 2.94% 0.11% 15.63%   
        cost of revenue:                                  
        transaction-based costs873,165,000 946,048,000 984,658,000 950,523,000 820,787,000 870,040,000 901,990,000 875,762,000 718,700,000 763,548,000 754,276,000 684,839,000 524,280,000 535,283,000 522,680,000 388,106,000 465,779,000 519,241,000 519,312,000 490,349,000 409,069,000 420,846,000 414,456,000 395,349,000 327,911,000 333,377,000 328,043,000 311,092,000 257,778,000      
        subscription and services-based costs269,668,000 272,552,000 259,262,000 279,223,000 264,092,000 239,714,000 225,903,000 213,271,000 195,862,000 149,617,000 132,046,000 123,725,000 88,572,000 65,046,000 66,786,000 50,169,000 40,711,000 50,276,000 63,352,000 60,119,000 60,523,000 52,654,000 47,078,000 39,784,000 30,368,000 24,559,000 18,169,000 17,116,000 15,876,000      
        hardware costs50,785,000 56,442,000 78,338,000 74,085,000 58,785,000 63,835,000 76,002,000 83,494,000 63,664,000 68,150,000 51,150,000 61,403,000 40,482,000 35,994,000 45,220,000 28,315,000 34,372,000 40,504,000 35,672,000 33,268,000 26,941,000 25,647,000 23,229,000 25,536,000 19,702,000 16,783,000 18,775,000 14,173,000 12,662,000 12,118,000 15,689,000 14,015,000 26,740,000  
        bitcoin costs2,651,010,000 2,454,199,000 2,378,906,000 2,346,633,000 2,113,375,000 1,798,798,000 1,726,051,000 1,744,425,000 1,687,459,000 1,915,176,000 1,774,040,000 2,669,641,000 3,436,135,000 1,715,452,000 1,601,615,000 858,041,000 299,426,000 174,438,000 146,167,000 122,938,000 64,696,000 51,951,000 42,408,000 36,596,000 33,872,000          
        amortization of acquired technology assets18,027,000 18,049,000 17,880,000 18,392,000 18,508,000 18,320,000 18,506,000 17,899,000     4,300,000 3,505,000 3,118,000 2,231,000 2,320,000 1,921,000 1,934,000 1,719,000 1,376,000 1,376,000 2,277,000 1,857,000 1,580,000 1,486,000 1,556,000 1,695,000 1,807,000 1,886,000 1,886,000 1,886,000 2,370,000  
        total cost of revenue3,862,655,000 3,747,290,000 3,719,044,000 3,668,856,000 3,275,547,000 2,990,707,000 2,948,452,000 2,934,851,000 2,665,685,000 2,896,491,000 2,711,512,000 3,539,608,000 4,093,769,000 2,355,280,000 2,239,419,000 1,326,862,000 842,608,000 786,380,000 766,437,000 708,393,000 562,605,000 552,474,000 529,448,000 499,122,000 413,433,000 376,205,000 366,543,000 344,076,000 288,123,000 285,392,000 288,688,000 289,574,000 269,029,000  
        gross profit2,094,473,000 2,025,752,000 1,898,449,000 1,866,101,000 1,714,584,000 1,660,195,000 1,567,089,000 1,469,648,000 1,294,960,000 1,182,043,000 1,133,215,000 1,141,064,000 963,501,000 803,690,000 794,455,000 596,763,000 538,501,000 527,049,000 500,037,000 465,845,000 396,754,000 380,054,000 352,660,000 315,816,000 255,170,000 239,830,000 218,616,000 207,429,000 173,431,000 166,525,000 150,314,000 148,959,000 110,240,000  
        yoy22.16% 22.02% 21.14% 26.98% 32.40% 40.45% 38.29% 28.80% 34.40% 47.08% 42.64% 91.21% 78.92% 52.49% 58.88% 28.10% 35.73% 38.68% 41.79% 47.51% 55.49% 58.47% 61.31% 52.25% 47.13% 44.02% 45.44% 39.25% 57.32%      
        qoq3.39% 6.71% 1.73% 8.84% 3.28% 5.94% 6.63% 13.49% 9.55% 4.31% -0.69% 18.43% 19.88% 1.16% 33.13% 10.82% 2.17% 5.40% 7.34% 17.41% 4.39% 7.77% 11.67% 23.77% 6.40% 9.70% 5.39% 19.60% 4.15% 10.78% 0.91% 35.12%   
        operating expenses:                                  
        product development720,574,000 685,422,000 713,788,000 694,672,000 626,937,000 604,524,000 548,037,000 524,827,000 484,761,000 395,841,000 366,587,000 326,510,000 308,678,000 253,448,000 226,567,000 206,825,000 194,986,000 173,284,000 168,771,000 174,201,000 153,559,000 141,811,000 135,773,000 114,800,000 105,095,000 92,633,000 82,547,000 78,126,000 68,582,000 64,889,000 70,418,000 68,638,000 64,592,000  
        sales and marketing443,885,000 506,010,000 479,381,000 537,607,000 496,011,000 539,724,000 485,838,000 530,827,000 501,562,000 484,778,000 407,850,000 375,101,000 349,460,000 328,576,000 348,463,000 238,096,000 194,535,000 185,231,000 149,467,000 156,421,000 133,713,000 119,305,000 116,337,000 98,243,000 77,266,000 76,821,000 66,533,000 59,916,000 49,900,000 49,406,000 46,754,000 39,220,000 38,496,000  
        general and administrative471,260,000 746,187,000 480,885,000 549,293,000 432,825,000 451,543,000 395,437,000 395,720,000 444,276,000 298,921,000 267,476,000 221,020,000 195,909,000 159,420,000 153,902,000 136,386,000 129,495,000 118,164,000 115,980,000 100,508,000 101,598,000 95,445,000 85,527,000 82,772,000 75,501,000 66,318,000 64,312,000 62,988,000 56,935,000 53,027,000 52,075,000 50,784,000 96,107,000  
        transaction, loan, and consumer receivable losses165,729,000 175,658,000 177,338,000 179,771,000 127,896,000 155,250,000 147,586,000 156,697,000 91,150,000                          
        amortization of customer and other acquired intangible assets43,282,000 43,127,000 56,965,000 36,865,000 37,087,000 35,344,000 37,361,000 39,389,000                           
        total operating expenses1,844,730,000 2,156,404,000 1,908,357,000 1,998,208,000 1,720,756,000 1,795,376,000 1,615,878,000 1,683,421,000 1,521,749,000 1,236,657,000 1,110,219,000 1,016,070,000 895,765,000 758,507,000 745,113,000 619,815,000 628,789,000 509,701,000 467,943,000 466,688,000 418,796,000 383,162,000 362,527,000 318,463,000 276,162,000 252,839,000 233,507,000 219,653,000 187,513,000 180,503,000 182,296,000 176,319,000 207,373,000  
        operating income249,743,000 -130,652,000 -9,908,000 -132,107,000 -6,172,000 -135,181,000 -48,789,000 -213,773,000 -226,789,000 -54,614,000 22,996,000 124,994,000 67,736,000 45,183,000 49,342,000 -23,052,000 -90,288,000 17,348,000 32,094,000 -843,000 -22,042,000 -3,108,000 -9,867,000 -2,647,000 -20,992,000 -13,009,000 -14,891,000 -12,224,000 -14,082,000 -13,978,000 -31,982,000 -27,360,000 -97,133,000  
        yoy-4146.39% -3.35% -79.69% -38.20% -97.28% 147.52% -312.16% -271.03% -434.81% -220.87% -53.39% -642.23% -175.02% 160.45% 53.74% 2634.52% 309.62% -658.17% -425.27% -68.15% 5.00% -76.11% -33.74% -78.35% 49.07% -6.93% -53.44% -55.32% -85.50%      
        qoq-291.15% 1218.65% -92.50% 2040.42% -95.43% 177.07% -77.18% -5.74% 315.26% -337.49% -81.60% 84.53% 49.91% -8.43% -314.05% -74.47% -620.45% -45.95% -3907.12% -96.18% 609.20% -68.50% 272.76% -87.39% 61.37% -12.64% 21.82% -13.19% 0.74% -56.29% 16.89% -71.83%   
        interest income-18,745,000 -18,701,000 -21,415,000 -3,944,000 -3,161,000 1,472,000 6,042,000 12,966,000 15,748,000 12,998,000 13,409,000 6,464,000 253,000 17,988,000 14,980,000 14,769,000 9,206,000 6,060,000 5,632,000 5,143,000 4,681,000 5,176,000 7,224,000            
        other income-237,824,000 -217,963,000 -4,262,000 1,379,000 18,371,000 -24,407,000 -18,798,000 -18,766,000 -33,472,000 6,775,000 12,011,000 -75,788,000 27,528,000 -271,212,000 -784,000 -25,591,000 5,862,000 -6,715,000 -5,541,000 1,230,000 11,299,000 19,439,000 -37,800,000            
        income before income tax506,312,000 106,012,000 15,769,000 -129,542,000 -21,382,000 -112,246,000 -36,033,000 -207,973,000 -209,065,000 -74,387,000 -2,424,000 194,318,000 39,955,000 298,407,000 35,146,000 -12,230,000 -105,356,000 391,448,000 32,003,000 -7,216,000 -38,022,000 -27,723,000 20,709,000 -5,302,000 -23,811,000 -15,848,000 -16,745,000 -15,490,000 -14,581,000 -14,131,000 -32,093,000 -27,033,000 -96,416,000  
        benefit for income taxes35,492,000 -51,792,000 49,529,000 -3,700,000 -2,056,000 5,375,000 -17,289,000 1,304,000 -1,702,000 6,597,000 452,000 -9,360,000  -1,586,000 -1,369,000     -476,000  1,845,000 1,066,000   334,000 -647,000        
        net income470,820,000 157,804,000 -33,760,000 -125,842,000 -19,326,000 -117,621,000 -18,744,000 -209,277,000 -207,363,000 -80,984,000 -2,876,000 203,678,000 39,008,000 293,959,000 36,515,000 -11,478,000 -105,891,000 390,940,000 29,397,000 -6,740,000 -38,151,000 -28,204,000 19,643,000 -5,906,000 -23,986,000 -15,663,000 -16,098,000 -15,962,000 -15,090,000 -15,167,000 -32,323,000 -27,345,000 -96,755,000  
        yoy-2536.20% -234.16% 80.11% -39.87% -90.68% 45.24% 551.74% -202.75% -631.59% -127.55% -107.88% -1874.51% -136.84% -24.81% 24.21% 70.30% 177.56% -1486.12% 49.66% 14.12% 59.06% 80.07% -222.02% -63.00% 58.95% 3.27% -50.20% -41.63% -84.40%      
        qoq198.36% -567.43% -73.17% 551.15% -83.57% 527.51% -91.04% 0.92% 156.05% 2715.86% -101.41% 422.14% -86.73% 705.04% -418.13% -89.16% -127.09% 1229.86% -536.16% -82.33% 35.27% -243.58% -432.59% -75.38% 53.14% -2.70% 0.85% 5.78% -0.51% -53.08% 18.20% -71.74%   
        less: net income attributable to noncontrolling interests-1,185,000 -20,266,000 -4,806,000 -3,336,000 -2,488,000 -3,798,000 -4,033,000 -1,263,000 -3,164,000 -4,155,000 -2,960,000 -343,000                       
        net income attributable to common stockholders472,005,000 178,070,000 -28,954,000 -122,506,000 -16,838,000 -113,823,000 -14,711,000 -208,014,000 -204,199,000 -76,829,000 84,000 204,021,000                       
        net income per share                                  
        basic0.77 0.3 -0.05 -0.2 -0.03 -0.18 -0.02 -0.36 -0.38 -0.17 0 0.45 0.09 0.66 0.08 -0.03 -0.24 0.92 0.07 -0.02 -0.09 -0.06 0.05 -0.01 -0.06 -0.04 -0.04 -0.04 -0.04 -0.04 -0.09 -0.08 -0.29  
        diluted0.74 0.3 -0.05 -0.2 -0.03 -0.18 -0.02 -0.36 -0.38 -0.15 0 0.4 0.08 0.62 0.07 -0.03 -0.24 0.85 0.06 -0.02 -0.09 -0.06 0.04 -0.01 -0.06 -0.04 -0.04 -0.04 -0.04 -0.04 -0.09 -0.08 -0.29  
        weighted-average shares used for eps calculation                                  
        basic616,401 608,856 611,276 606,692 602,234 578,949 592,672 581,350 541,435 458,432 460,654 455,431 454,973 443,126 444,458 440,117 434,940 424,999 427,124 423,305 419,289 405,731 409,690 403,301 395,948 379,344 383,951 376,357 366,737 341,555 343,893 334,488 331,324  
        diluted637,360 614,024 611,276 606,692 602,234 578,949 592,672 581,350 541,435 501,779 504,120 522,578 501,353 482,167 488,069 440,117 434,940 466,076 466,099 423,305 419,289 405,731 474,915 403,301 395,948 379,344 383,951 376,357 366,737 341,555 343,893 334,488 331,324  
        bitcoin impairment losses     8,991,000 1,619,000 35,961,000   6,000,000 45,266,000 19,860,000                      
        transaction and loan losses         57,117,000 62,306,000 48,173,000 20,395,000 15,986,000 15,198,000 37,603,000 108,883,000                  
        amortization of acquired customer assets            1,463,000 1,077,000 983,000 905,000 890,000 890,000 1,003,000 1,294,000 2,085,000 2,127,000 1,294,000 672,000 269,000 234,000 222,000 222,000 205,000 147,000 164,000 222,000 317,000  
        benefit from income taxes            947,000    535,000 508,000 2,606,000  129,000   604,000 175,000   472,000 509,000 1,036,000 230,000 312,000 339,000  
        income tax benefit               -752,000                   
        transaction, loan and advance losses                 94,827,000 32,722,000 34,264,000 27,841,000 24,474,000 23,596,000 21,976,000 18,031,000 16,833,000 19,893,000 18,401,000 11,891,000 13,034,000 12,885,000 17,455,000   
        interest and other income                       2,655,000 2,819,000 2,839,000 1,854,000 3,266,000 499,000      
        starbucks transaction-based revenue                                  
        starbucks transaction-based costs                                  
        starbucks transaction revenue                             78,869,000 7,164,000 32,867,000 38,838,000  
        software and data product revenue                             88,833,000 35,320,000 29,717,000 23,796,000  
        transaction costs                             683,194,000 254,061,000 234,857,000 194,276,000  
        starbucks transaction costs                             69,810,000 4,528,000 28,672,000 36,610,000  
        software and data product costs                             31,701,000 12,524,000 10,144,000 9,033,000  
        interest (income) and expense                             -243,000 -183,000 -129,000 69,000  
        other (income) and expense                             -690,000 294,000 -198,000 -786,000  
        transaction and advance losses                                7,861,000