Net revenue of Block, the company that took over Square, declined by 130 million USD between 2021 and 2022 - the first decline since 2012. The declining popularity of cryptocurrency since late 2021 affected the company, however. Block's value of payments processed increased in Q2 2023, but growth was not as high as before.
Net revenue of Block, formerly Square, from 2012 to 2022
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Statista, & US Securities and Exchange Commission. (August 3, 2023). Net revenue of Block, formerly Square, from 2012 to 2022 [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/593857/square-annual-revenue/
Statista, und US Securities and Exchange Commission. "Net revenue of Block, formerly Square, from 2012 to 2022." Chart. August 3, 2023. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/593857/square-annual-revenue/
Statista, US Securities and Exchange Commission. (2023). Net revenue of Block, formerly Square, from 2012 to 2022. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/593857/square-annual-revenue/
Statista, and US Securities and Exchange Commission. "Net Revenue of Block, Formerly Square, from 2012 to 2022." Statista, Statista Inc., 3 Aug 2023, https://www.statista.com/statistics/593857/square-annual-revenue/
Statista & US Securities and Exchange Commission, Net revenue of Block, formerly Square, from 2012 to 2022 Statista, https://www.statista.com/statistics/593857/square-annual-revenue/ (last visited July 22, 2024)
Net revenue of Block, formerly Square, from 2012 to 2022 [Graph], Statista, & US Securities and Exchange Commission, August 3, 2023. [Online]. Available: https://www.statista.com/statistics/593857/square-annual-revenue/