Company Quick10K Filing
Square
Closing Price ($) Shares Out (MM) Market Cap ($MM)
$0.00 423 $30,173
10-Q 2019-11-06 Quarter: 2019-09-30
10-Q 2019-08-01 Quarter: 2019-06-30
10-Q 2019-05-01 Quarter: 2019-03-31
10-K 2019-02-27 Annual: 2018-12-31
10-Q 2018-11-07 Quarter: 2018-09-30
10-Q 2018-08-01 Quarter: 2018-06-30
10-Q 2018-05-02 Quarter: 2018-03-31
10-K 2018-02-27 Annual: 2017-12-31
10-Q 2017-11-08 Quarter: 2017-09-30
10-Q 2017-08-02 Quarter: 2017-06-30
10-Q 2017-05-04 Quarter: 2017-03-31
10-K 2017-02-27 Annual: 2016-12-31
10-Q 2016-11-02 Quarter: 2016-09-30
10-Q 2016-08-04 Quarter: 2016-06-30
10-Q 2016-05-06 Quarter: 2016-03-31
10-K 2016-03-10 Annual: 2015-12-31
8-K 2020-02-04 Officers
8-K 2020-01-27 Officers, Exhibits
8-K 2019-11-06 Earnings, Exhibits
8-K 2019-11-06 Regulation FD, Exhibits
8-K 2019-10-31 M&A, Regulation FD, Exhibits
8-K 2019-08-01 Earnings, Exhibits
8-K 2019-07-31 Other Events, Exhibits
8-K 2019-06-18 Shareholder Vote
8-K 2019-06-13 Accountant, Exhibits
8-K 2019-05-01 Earnings, Exhibits
8-K 2019-02-27 Earnings, Exhibits
8-K 2019-01-02 Officers, Exhibits
8-K 2018-11-15 Officers
8-K 2018-11-07 Earnings, Exhibits
8-K 2018-10-08 Officers, Exhibits
8-K 2018-08-01 Earnings, Exhibits
8-K 2018-06-19 Shareholder Vote
8-K 2018-05-31 Regulation FD, Exhibits
8-K 2018-05-22 Enter Agreement, Off-BS Arrangement, Sale of Shares, Other Events, Exhibits
8-K 2018-05-21 Enter Agreement, Other Events, Exhibits
8-K 2018-05-02 Earnings, Exhibits
8-K 2018-04-26 Enter Agreement, Sale of Shares, Exhibits
8-K 2018-02-28 Officers
8-K 2018-02-27 Earnings, Exhibits

Square Financials

SQ Metrics, Comps, Filings

Annual | Quarterly

Business

We started Square in February 2009 to enable businesses (sellers) to accept card payments, an important capability that was previously inaccessible to many businesses. However, sellers need many innovative solutions to thrive, and we have since expanded to provide additional products and services to give them access to a cohesive ecosystem of tools to help them manage their business. In the same way that we have provided businesses with fast, elegant, and cohesive tools, we see an opportunity with our Cash App product to build a similar ecosystem of services for individuals. Our purpose of economic empowerment drives the development of all our products and services, as everything we do should give people accessible, affordable tools to grow their businesses and participate in the economy.

Square is a cohesive commerce ecosystem that helps our sellers start, run, and grow their businesses. We combine sophisticated software with affordable hardware to provide sellers powerful payment and point-of-sale solutions. We achieve high seller acceptance rates and fast onboarding, while maintaining low risk and fraud losses as a result of our approach to risk management that emphasizes data science and machine learning. We focus on technology and design to create products and services that are cohesive, fast, self-serve, and elegant. These attributes differentiate Square in a fragmented industry that forces sellers to stitch together hardware, software, and payments services from multiple vendors.

The foundation of our ecosystem is a full service, managed payments offering. Once a seller downloads the Square Point of Sale mobile app, they can quickly and easily take their first payment, typically within minutes. With our offering, a seller can accept payments in person via magnetic stripe (a swipe), EMV (Europay, MasterCard, and Visa) (a dip), or NFC (Near Field Communication) (a tap); or online via Square Invoices, Square Virtual Terminal, or the seller's website or app. Once on our system, sellers gain access to features such as next-day settlements, digital receipts, payment dispute management, data security, and Payment Card Industry (PCI) compliance.


Valuation ($BB)

Market Cap, Enterprise Value

Balance Sheet ($BB)

Assets, Stockholders' Equity

Income Statement ($BB Annual)

Revenue, Gross Profit, Net Income

Cash Flow ($BB Annual)

Operating, Investing, Financing

Comps ($MM TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Activision Blizzard (ATVI) 35,351 21% 13.9 10% 17,495 5,518 7,426 1,549 1,685 2,415 33,452
Autodesk (ADSK) 34,134 87% 116.6 1% 4,873 5,067 3,005 2,619 57 297 34,600
Citrix Systems (CTXS) 30,974 86% 37.4 13% 3,935 3,427 3,002 2,567 528 814 30,469
Square (SQ) 30,173 41% 1,214.1 -1% 4,654 3,470 3,923 1,595 -53 25 30,429
Electronic Arts (EA) 29,643 74% 10.7 22% 9,749 3,264 5,022 3,728 2,147 2,439 26,110
Veeva Systems (VEEV) 23,190 73% 69.7 15% 1,860 415 969 707 288 321 22,362
Synopsys (SNPS) 21,200 78% 29.8 10% 6,153 2,214 3,305 2,577 626 692 20,637
Cadence Design Systems (CDNS) 19,514 0% 29.3 16% 2,612 1,182 2,304 0 426 645 18,880
Twilio (TWLO) 17,757 54% -122.3 -4% 5,109 812 881 476 -203 -141 17,222
Splunk (SPLK) 17,377 117% 119.4 0% 4,488 3,054 1,422 1,667 0 132 15,705
Ansys (ANSS) 17,172 89% 29.3 12% 3,513 696 1,391 1,239 438 565 16,541
Check Point Software (CHKP) 16,409 0% 5,828 2,056 0 0 0 0 16,105
SS&C Technologies (SSNC) 15,642 42% 18.8 2% 16,141 11,295 4,389 1,860 318 1,193 22,411
Tableau Software (DATA) 14,111 87% -104.9 -7% 1,912 837 1,231 1,077 -143 -129 13,558
Symantec (SYMC) 13,392 78% 20.0 1% 15,369 10,119 4,822 3,749 117 811 16,198
Take Two (TTWO) 12,686 42% 42.6 7% 4,366 2,280 2,821 1,187 308 260 11,074
Paycom (PAYC) 12,664 85% 52.7 9% 1,826 1,391 653 552 156 219 11,516
Okta (OKTA) 12,154 72% -80.6 -15% 1,027 776 487 352 -155 -148 11,936
DocuSign (DOCU) 10,891 75% -67.5 -13% 1,762 1,195 828 617 -233 -158 10,667
Ultimate Software (ULTI) 10,595 62% 81.9 2% 2,716 1,890 1,199 742 57 128 10,495

Balance Sheet ($MM)2016-12-312017-12-312018-12-31
Cash452735633
Accounts Receivable6922
Inventory141729
PP&E8891142
Assets1,2112,1873,281
Accounts Payable1317
Long-Term Debt0359900
Liabilities6351,4012,161
Stockholders' Equity5767861,121
Income Statement ($MM)2016-12-312017-12-312018-12-31
Revenue1,7092,2143,298
Cost of Revenue1,1331,3751,994
Gross Profit5768391,304
R&D269322497
SG&A426504750
Tax002
Net Income-172-63-38
Cash Flow ($MM)2016-12-312017-12-312018-12-31
Cash Operating23128295
Cash Investing-123-341-906
Cash Financing91455516