Block - the company that took over Square - spent 400 million USD more on marketing in 2022 than in the previous year. The change was smaller than in both 2017 and 2020 - two years that proved important for cryptocurrency. The company focuses on the crypto market, and saw its growth decline as the digital tokens faced increasing criticism by the end of 2022.
Total sales and marketing expenses of Block, formerly Square, from 2012 to 2022
Characteristic
Sales and marketing expenses (in million U.S. dollars)
Year-on-year percentage change (%)
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Exclusive Premium Statistic
To access all Premium Statistics, you need a paid Statista Account
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, & US Securities and Exchange Commission. (August 3, 2023). Total sales and marketing expenses of Block, formerly Square, from 2012 to 2022 [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/593880/annual-square-marketing-spend/
Statista, und US Securities and Exchange Commission. "Total sales and marketing expenses of Block, formerly Square, from 2012 to 2022." Chart. August 3, 2023. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/593880/annual-square-marketing-spend/
Statista, US Securities and Exchange Commission. (2023). Total sales and marketing expenses of Block, formerly Square, from 2012 to 2022. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/593880/annual-square-marketing-spend/
Statista, and US Securities and Exchange Commission. "Total Sales and Marketing Expenses of Block, Formerly Square, from 2012 to 2022." Statista, Statista Inc., 3 Aug 2023, https://www.statista.com/statistics/593880/annual-square-marketing-spend/
Statista & US Securities and Exchange Commission, Total sales and marketing expenses of Block, formerly Square, from 2012 to 2022 Statista, https://www.statista.com/statistics/593880/annual-square-marketing-spend/ (last visited July 22, 2024)
Total sales and marketing expenses 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/593880/annual-square-marketing-spend/