Square (Block) Statistics and User Count (2023)
Last Updated on: May 26th, 2023
Square builds common business tools in unconventional ways so more people can start, run, and grow their businesses. When Square started, it was difficult and expensive (or just plain impossible) for some businesses to take credit cards. Square made credit card payments possible for all by turning a mobile phone into a credit card reader. Since then Square has been building an entire business toolkit of both hardware and software products including Square Capital, Square Terminal, Square Payroll, and more. We’re working to find new and better ways to help businesses succeed on their own terms—and we’re looking for people like you to help shape tomorrow at Square. (source)
Square (Block) Statistics
Here are a few of the most interesting Square (Block) statistics and facts I was able to dig up including user 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) User Count
How many merchants use Square?
Last updated 11/26/17
How many users does Square have?
Last updated 1/1/21
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 Square (Block) Statistics
Number of items listed for sale on Square:
Last updated 1/1/21
Total number of Square active invoice sellers:
Last updated 5/5/17
61% of Square merchants process less than $125,000 annually.
Percentage of all Square invoices that come from a mobile device:
Last updated 5/3/17
Amount Square paid for Yik Yak in April 2017:
Number of countries Square is available in:
5 (UK, Australia, Canada, Japan, and the US)
Last updated 3/29/17
Number of businesses that have been given loans from Square Capital:
Last updated 5/3/17
Percentage of sellers that have been given loans from Square Capital that are women:
Last updated 3/31/17
Percentage of sellers that have been given loans from Square Capital that are men:
Last updated 3/31/17
Average size of a Square Capital loan:
Last updated 3/31/17
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)
Square (Block) Facts
- 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)
Please note that some of these numbers are easier to find than others. A few of these Square (Block) 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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