Block Non-GAAP EPS of $0.27 beats by $0.05, revenue of $4.08B beats by $20M

Feb. 24, 2022 4:13 PM ETBlock, Inc. (SQ)By: Gaurav Batavia, SA News Editor42 Comments
  • Block press release (NYSE:SQ): Q4 Non-GAAP EPS of $0.27 beats by $0.05.
  • Revenue of $4.08B (+29.1% Y/Y) beats by $20M.
  • Shares -4%.
  • There were more than 13 million Cash Card monthly actives in December, which represented more than 30% of our 44 million monthly transacting active base
  • Transaction-based revenue was $1.31 billion in the fourth quarter of 2021, up 41% year over year, and transaction-based gross profit was $545 million, up 39% year over year. We processed $46.3 billion in GPV in the fourth quarter of 2021, up 45% year over year
  • Subscription and services-based revenue was $772 million in the fourth quarter of 2021, up 72% year over year, and subscription and services-based gross profit was $622 million, up 63% year over year.

Recommended For You

Comments (42)

To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.