Block
Public
Block, Inc. (NYSE: XYZ) builds technology expanding global economic access through Square, Cash App, Afterpay, TIDAL, Bitkey, and Proto.
Founded
2009Block, Inc. (NYSE: XYZ), formerly Square, Inc., is a financial services and digital payments company founded in 2009 by Jack Dorsey and Jim McKelvey. The company operates two primary ecosystems: Square, which provides point-of-sale hardware, payment processing, banking services, and business software to merchants; and Cash App, which offers peer-to-peer payments, banking, investing, and consumer lending to individuals. Block also owns Afterpay (acquired 2022), a buy-now-pay-later platform serving 24M+ customers; TIDAL, a music streaming service; Bitkey, a self-custody bitcoin wallet; and Proto, a suite of bitcoin mining products.
The company is headquartered in Oakland, California, and employs approximately 6,000 people following a major AI-driven restructuring in February 2026. In Q1 2026, Block reported gross profit of $2.91 billion (+27% YoY), with Cash App gross profit up 38% and Square gross payment volume up 13%. The company raised full-year 2026 guidance to $12.33B gross profit and $3.34B adjusted operating income (27% margin).
Block - M & A Snapshot
Block - Products & Services
Square Payments helps sellers accept card, digital wallet, and other payments through Square.
Competing Products
Square Point of Sale provides checkout, inventory, customer, and payment tools for sellers.
Competing Products
Cash App is a mobile money app for peer payments, cards, investing, bitcoin, and banking services.
Competing Products
Block - Similar Companies
Block - Quick Facts
Who are Block's competitors?
Companies similar to Block include American Express, Shift4, Olo and Visa.
When was Block founded?
Block was founded in 2009.
Where is Block's headquarters located?
Block's headquarters is located in San Francisco, CA, US.
When was Block's last funding round?
Block's most recent funding round was for $10.7M (USD) in May 2021.
How much has Block raised to-date?
As of May 5, 2021, Block has raised a total of $601.2M (USD).
How many employees does Block have?
Block has 6,000 employees as of Feb 27, 2026.
Block - Classification
- Industry
- Ownership
- Geographic Exposure
- North America
- Model
- Revenue
- Customer
- Tags
- Unique IDs
- ein: 800429876
- secCik: 0001512673
- ticker: BSQKZ
- ticker: XYZ
- NAICS
- 513200Software Publishers
- 510000Information
- 513000Publishing Industries
- 513210Software Publishers
- SIC
- 7300Business Services
- 7370Computer Programming, Data Processing, And Other Computer Related
- 7372Prepackaged Software
- ISIC
- 1820Reproduction of recorded media
- 5820Software publishing
Show 17 more industry codes
- NAICS
- 334600Manufacturing and Reproducing Magnetic and Optical Media
- 330000Manufacturing
- 520000Finance and Insurance
- 334000Computer and Electronic Product Manufacturing
- 522000Credit Intermediation and Related Activities
- 522300Activities Related to Credit Intermediation
- 334610Manufacturing and Reproducing Magnetic and Optical Media
- 522320Financial Transactions Processing, Reserve, and Clearinghouse Activities
- SIC
- 6000Depository Institutions
- 6200Security And Commodity Brokers, Dealers, Exchanges, And Services
- 8700Engineering, Accounting, Research, Management, And Related Services
- 6090Functions Related To Depository Banking
- 6280Services Allied With The Exchange Of Securities Or Commodities
- 8740Management And Public Relations Services
- 6099Functions Related To Depository Banking, Not Elsewhere Classified
- 6282Investment Advice
- 8742Management Consulting Services