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VizualStocks APIOperating KPI and segment definitions available for Block (XYZ) through the VizualStocks API.
Cost of bitcoin sold to Cash App customers during the period, principally the amount Block pays to acquire the bitcoin it resells. Paired with Bitcoin Revenue, it shows why bitcoin can create substantial reported revenue but comparatively little gross profit.
bitcoinCostsGross dollar value of bitcoin Block sells to Cash App customers during the period, not the trading fee or spread it retains. Because the full sale amount is recorded as revenue, gross profit is more informative about the economics.
bitcoinRevenueCash App Gross Payment Volume reported by Block: dollar value of payments, purchases, merchandise or other transactions processed during the period. This is transaction volume, not company revenue.
cashAppGrossPaymentVolumeRevenue from Block's Cash App consumer ecosystem less directly associated transaction, bitcoin and other costs. It measures the economic contribution from payments, Cash App Card, borrowing, BNPL, bitcoin and other financial services before operating expenses.
cashAppGrossProfitFunds deposited into Cash App customer accounts during the period.
cashAppInflowsNumber of Cash App customers who completed at least one qualifying transaction within the applicable monthly activity window.
cashAppMonthlyTransactingActivesRevenue from Cash App's consumer ecosystem, including commerce, financial services and bitcoin activity such as Cash App Card, Instant Deposit, Borrow and BNPL. Customer bitcoin sales are recorded at gross sale value, so segment revenue overstates bitcoin's relative profit contribution.
cashAppSegmentRevenueRevenue from Block's Corporate and Other activities outside Cash App and Square less their directly attributable costs. It is segment gross profit before Block's central operating expenses, not company operating profit.
corporateGrossProfitRevenue from Block activities reported outside its Cash App and Square ecosystems, including nascent or company-level businesses assigned to Corporate and Other. It is a residual reporting category rather than a third customer ecosystem.
corporateSegmentRevenueGross Payment Volume reported by Block: dollar value of payments, purchases, merchandise or other transactions processed during the period. This is transaction volume, not company revenue.
grossPaymentVolumeTotal funds entering Cash App during the quarter divided by monthly transacting actives in the quarter's final month. It excludes transfers that remain inside Cash App, outflows and inflows through the Afterpay app.
inflowsPerTransactingActiveCash App Commerce Enablement gross profit divided by Commerce Enablement volume. Gross profit is primarily from Cash App Card and buy-now-pay-later products, while volume includes Cash App Card, Cash App Pay, BNPL and Cash App Business transactions.
monetizationRateSquare Gross Payment Volume reported by Block: dollar value of payments, purchases, merchandise or other transactions processed during the period. This is transaction volume, not company revenue.
squareGrossPaymentVolumeRevenue from Block's Square seller ecosystem less payment-processing, lending, hardware, software and other directly associated costs. It measures the ecosystem's contribution before sales, product-development and other operating expenses.
squareGrossProfitRevenue from Square's seller ecosystem, including payment processing, software subscriptions, Square Loans, Instant Deposit and point-of-sale hardware. It represents Block's business-customer platform, distinct from Cash App's consumer ecosystem.
squareSegmentRevenueManufacturing, fulfillment and other direct costs of Square point-of-sale hardware and Block devices sold during the period. Block has historically used hardware to support adoption of its broader payments and software ecosystem, so this line can exceed hardware revenue.
hardwareCostsSales of Square point-of-sale terminals, card readers and other Block hardware during the period. Hardware primarily helps bring customers into Block's payments and software ecosystems rather than operating as a standalone reportable segment.
hardwareRevenueDirect costs of Block's subscription and services products, including lending and BNPL losses, card and instant-transfer costs, and costs supporting Square software and other services. This is cost of revenue, not sales or product-development expense.
subscriptionServicesCostsLegacy revenue category combining Cash App financial-service fees, Square Loans, BNPL, TIDAL and Square software subscriptions such as Restaurants, Retail, Payroll and website tools. Block replaced this taxonomy in 2025 with Commerce Enablement, Financial Solutions and Bitcoin Ecosystem categories.
subscriptionServicesRevenueNetwork, interchange, assessment, processing and bank-settlement costs incurred on seller and Cash App transactions. These are direct payment-processing costs deducted from transaction-based revenue to calculate gross profit.
transactionBasedCostsLegacy revenue category consisting mainly of percentage-based fees charged to Square sellers on payments processed, plus certain Cash App business-account and credit-card-funded peer-to-peer transaction fees. Block replaced this taxonomy in 2025 with Commerce Enablement, Financial Solutions and Bitcoin Ecosystem categories.
transactionBasedRevenue