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Connects Square sellers and Cash App consumers through payments, software, lending, and Afterpay.
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Sells commerce and financial tools through Square for businesses and Cash App for consumers, earning from payment processing, software, card spending, lending, buy-now-pay-later, and bitcoin activity. Shared payments, risk, identity, and data infrastructure connects the two ecosystems across a primarily US business.
Runs two primary ecosystems: Cash App for consumers and Square for sellers. Cash App combines peer-to-peer transfers, card spending, direct deposit, savings, stock and bitcoin access, short-term borrowing, and Afterpay buy-now-pay-later products. Square earns from payment processing and bundles point-of-sale software, hardware, payroll, marketing, banking, and lending tools for businesses.
Uses self-service onboarding and peer-to-peer network effects to acquire customers, while shared payments, identity, risk, and data infrastructure connects both ecosystems. Transaction histories support credit underwriting, and Bitkey and Proto extend its bitcoin work into self-custody and mining hardware. Operations are concentrated in the United States, with Square and Afterpay serving selected international markets.
Relies on card networks and partner banks, while money transmission, lending, securities, banking, bitcoin, and buy-now-pay-later activities require licenses and regulatory oversight.
Company facts
Target rangeAs of Sep 22, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Sep 10, 2026 | Deutsche Bank | Initiate | Rating: — | |
| Sep 10, 2026 | Coker Palmer | Target | Target: $99 | Target: $105 |
| Sep 10, 2026 | StoneX | Upgrade | ||
| Sep 2, 2026 | Scotiabank | Initiate | Rating: —Target: — | Target: $82 |
| Aug 25, 2026 | Wolfe Research | Reiterate | Rating: —Target: $75 | Target: $115 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $6.74B · Total debt $6.58B · Total assets $39.16B · Shareholders' equity $22.01B
- Revenue
- $6.62B
- Operating income
- $446.6M
- Net income
- $88.5M
No dividends on record.
| Institutions | 74.36% | 446.72M shares | |
|---|---|---|---|
| 1,157 holders · as of Jun 30, 2026 | |||
| Insiders | 0.55% | 3.32M shares | |
| 16 holders · as of Aug 24, 2026 | |||
| Other | 25.09% | 150.75M shares | |
| remainder | |||
600.80M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
This company has 2 share classes; every stake here is a share of the whole company.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
BlackRock, Inc.Institution | 6.92% | 41.57M A | as of Jun 30, 2026 |
Price T Rowe Associates Inc /MD/Institution | 6.61% | 39.73M A | as of Jun 30, 2026 |
Vanguard Capital Management LLCInstitution | 5.82% | 34.95M A | as of Jun 30, 2026 |
Vanguard Portfolio Management LLCInstitution | 4.15% | 24.93M A | as of Jun 30, 2026 |
State Street CorpInstitution | 3.84% | 23.06M A | as of Jun 30, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Sep 18, 2026 | Anthony Mathew Eisen | director | −6,000 | $76.55 |
| Sep 17, 2026 | Anthony Mathew Eisen | director | −6,000 | $77.97 |
| Sep 16, 2026 | Anthony Mathew Eisen | director | −6,000 | $78.36 |
| Sep 15, 2026 | Anthony Mathew Eisen | director | −6,000 | $79.31 |
| Sep 14, 2026 | Anthony Mathew Eisen | director | −6,000 | $78.96 |
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