Block's (formerly Square) quarterly net revenue reached 6.1 billion USD in Q2 2024, as its growth figure declined for the fifth quarter in a row. The declining popularity of cryptocurrency since late 2021 did affect the company, however. The value of payments processed increased during the same quarter, but growth was not as high as before.
Net revenue of Block, formerly Square, from 1st quarter 2014 to 2nd quarter 2024
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U.S. Securities and Exchange Commission, & Statista. (August 1, 2024). Net revenue of Block, formerly Square, from 1st quarter 2014 to 2nd quarter 2024 [Graph]. In Statista. Retrieved November 03, 2024, from https://www.statista.com/statistics/593890/square-quarterly-revenue/
U.S. Securities and Exchange Commission, und Statista. "Net revenue of Block, formerly Square, from 1st quarter 2014 to 2nd quarter 2024." Chart. August 1, 2024. Statista. Accessed November 03, 2024. https://www.statista.com/statistics/593890/square-quarterly-revenue/
U.S. Securities and Exchange Commission, Statista. (2024). Net revenue of Block, formerly Square, from 1st quarter 2014 to 2nd quarter 2024. Statista. Statista Inc.. Accessed: November 03, 2024. https://www.statista.com/statistics/593890/square-quarterly-revenue/
U.S. Securities and Exchange Commission, and Statista. "Net Revenue of Block, Formerly Square, from 1st Quarter 2014 to 2nd Quarter 2024." Statista, Statista Inc., 1 Aug 2024, https://www.statista.com/statistics/593890/square-quarterly-revenue/
U.S. Securities and Exchange Commission & Statista, Net revenue of Block, formerly Square, from 1st quarter 2014 to 2nd quarter 2024 Statista, https://www.statista.com/statistics/593890/square-quarterly-revenue/ (last visited November 03, 2024)
Net revenue of Block, formerly Square, from 1st quarter 2014 to 2nd quarter 2024 [Graph], U.S. Securities and Exchange Commission, & Statista, August 1, 2024. [Online]. Available: https://www.statista.com/statistics/593890/square-quarterly-revenue/