Square (Block) Statistics and User Count for 2024
Last Updated on: July 16th, 2024
Here are a few of the most interesting Square (Block) statistics and facts I was able to dig up including restaurant count, revenue totals and employee counts. As always, be sure to check back in the future as I will be updating this post as new and updated stats become available.
Square (Block) Facts
Here is pretty much everything you ever wanted to know about Square (Block).
- Website: Official Website
- Year Founded: 2009
- Headquarters: San Francisco, CA
- Founder(s): Jack Dorsey (from Twitter), Jim McKelvey
- Current Chief Executive: Jack Dorsey
- Parent Company: Block
- Subsidiaries / Brands: Cash App, Weebly, TIDAL
- App Download (iOS)
- App Download (Android)
Square is a financial services and mobile payment company that provides businesses with a comprehensive system to accept payments, track sales, and manage operations. Known for its iconic square-shaped card readers, the platform allows for credit card processing and offers tools for point of sale, inventory tracking, and analytics. Square aims to simplify commerce for all types of businesses, from individuals to larger enterprises, with a focus on ease of use and accessibility. Its ecosystem of products works together to help entrepreneurs start, run, and grow their businesses more effectively.
Square (Block) Statistics
Square (Block) User Count
How many merchants use Square?
How many users does Square have?
261 million buyer profiles (2022)
Square (Block) Revenue Totals
Block annual revenue:
- 2022: $17.5 billion
- 2021: $17.661 billion
- 2020: $9.497 billion
- 2019: $4.713 billion
- 2018: $3.298 billion
- 2017: $2.214 billion
- 2016: $1.708 billion
- 2015: $1.267 billion
- 2014: $850 million
Block Gross Payment Volume (GPV):
- 2021: $152.8 billion
- 2020: $112.295 billion
- 2019: $106.239 billion
- 2018: $84.6 billion
- 2017: $65.3 billion
- 2016: $49.6 billion
- 2015: $35.6 billion
- 2014: $23.7 billion
Additional Statistics
Number of items listed for sale on Square:
Total number of Square active invoice sellers:
61% of Square merchants process less than $125,000 annually.
Percentage of all Square invoices that come from a mobile device:
Amount Square paid for Yik Yak in April 2017:
Number of countries Square is available in:
5 (UK, Australia, Canada, Japan, and the US) (2017)
Number of businesses that have been given loans from Square Capital:
Percentage of sellers that have been given loans from Square Capital that are women:
Percentage of sellers that have been given loans from Square Capital that are men:
Average size of a Square Capital loan:
Square’s first $100 million day:
Amount that Square paid for Weebly:
Amount that Square paid for Tidal:
Square seller industry breakdown by GPV:
- Food and Drink: 27%
- Retail: 19%
- Professional Services: 15%
- Beauty and Personal Care: 10%
- Healthcare and Fitness: 10%
- Home & Repair: 10%
- All others: 10%
(source, 12/31/20)
Please note that some of these numbers are easier to find than others. A few of these statistics come from their own reports, but some are based on news reports and not official company tallies. No information contained on DMR should be relied upon to make investment decisions. Basically, this is the best I can find and I don’t guarantee anything to be 100%.
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