Block, Inc
- Industry
- FinTech
- Exchange
- US
- Country
- USA
- IPO date
- Nov 19, 2015
- Employees
- 10,205
- Website
- www.block.xyz
Composite valuation range · conservative $45–$55 / fair $70–$85 / optimistic $105–$125. At $81.24, Within the fair intrinsic-value range.
At publication $69.17 (May 27, 2026)
Data from EODHD, shown in the reporting currency; for reference only, not investment advice.
Block, Inc., together with its subsidiaries, builds ecosystems focused on commerce and financial products and services in the United States and internationally. It operates through two segments: Square and Cash App. The Square segment offers managed payment services; software solutions; hardware products, such as registers, terminals, stands, and readers for contactless and chips; banking services consisting of lending, instant transfer, and checking and savings accounts; and full-service setup and support services. This segment also provides loyalty, marketing, team management, and payroll services; and gift cards. It also offers Square Handheld, a portable point-of sale device for transaction purposes. The Cash App segment offers financial tools, including peer-to-peer payments, bitcoin, and stock investment brokerage; Cash App Card, a debit card; Cash App Pay, mobile-friendly way for cash app customers to pay at merchants across online and in-person channels; direct deposit, stock brokerage, and tax preparation services; and Afterpay, a buy now, pay later platform. In addition, the company operates TIDAL, a platform for musicians and fans; TBD, an open developer platform focused on making the decentralized financial world accessible; Bitkey, a self-custody bitcoin wallet; and proto. 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 Oakland, California.
History
Block, Inc. was incorporated in 2009 and is based in Oakland, California. The company was formerly known as Square, Inc. and changed its name to Block, Inc. in December 2021, with an IPO date of 2015-11-19. It expanded through acquisitions including Afterpay, a buy now, pay later platform, and TIDAL, a music platform on which it recognized goodwill impairments of about $132.3 million in 2023 and $73.5 million in 2024. Block also operates TBD, an open developer platform, Bitkey, a self-custody bitcoin wallet, and proto.
Industry position
Block operates through two segments, Square (serving merchants) and Cash App (serving consumers), and reclassified its 2025 revenue into Commerce Enablement ($11.51 billion), Financial Solutions ($4.18 billion), and Bitcoin Ecosystem ($8.50 billion), totaling $24.19 billion with total gross profit of $10.36 billion. In 2025 Square served over 4.5 million sellers, processed 5.9 billion sales transactions and roughly $250 billion in GPV, while Cash App had 59 million monthly active transacting accounts and $316 billion of inflows. Square offers payment, software, hardware, banking and payroll services; Cash App offers peer-to-peer payments, a debit card, stock brokerage, bitcoin and Afterpay BNPL. Block names competitors including PayPal, Fiserv, Shopify, Toast, along with banks, neobanks, merchant acquirers, money transfer apps and BNPL providers.