Block's net income in 2023 increased by over 100 percent, as cryptocurrency - a hallmark strategy of the company that took over Square - became more popular. The gross value of payments, or GPV, processed by Block did not decline, however. GPV reached an all-time high in Q2 2023. However, growth continued to slow down, signaling potential problems for the digital payment provider.
Net income of Block, formerly Square, from 2012 to 2023
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Statista, & U.S. Securities and Exchange Commission. (August 1, 2024). Net income of Block, formerly Square, from 2012 to 2023 [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/593871/square-annual-net-income-loss/
Statista, und U.S. Securities and Exchange Commission. "Net income of Block, formerly Square, from 2012 to 2023." Chart. August 1, 2024. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/593871/square-annual-net-income-loss/
Statista, U.S. Securities and Exchange Commission. (2024). Net income of Block, formerly Square, from 2012 to 2023. Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/593871/square-annual-net-income-loss/
Statista, and U.S. Securities and Exchange Commission. "Net Income of Block, Formerly Square, from 2012 to 2023." Statista, Statista Inc., 1 Aug 2024, https://www.statista.com/statistics/593871/square-annual-net-income-loss/
Statista & U.S. Securities and Exchange Commission, Net income of Block, formerly Square, from 2012 to 2023 Statista, https://www.statista.com/statistics/593871/square-annual-net-income-loss/ (last visited December 22, 2024)
Net income of Block, formerly Square, from 2012 to 2023 [Graph], Statista, & U.S. Securities and Exchange Commission, August 1, 2024. [Online]. Available: https://www.statista.com/statistics/593871/square-annual-net-income-loss/
