Square is a financial services, merchant services aggregator and mobile payment company. The Company markets several software and hardware payments products, including Square Register and Square Reader. Square's complete register service is a full point of sale with tools for every part of running a business, from accepting credit cards and tracking sales and inventory to small-business financing. The Company's other services include Square Cash, the easiest way to send and receive money, and Square Order, a new way to pre-order food and drinks for pickup.
Company Growth (employees)
Type
Public
HQ
San Francisco, US
Founded
2009
Size (employees)
1,853 (est)
Square was founded in 2009 and is headquartered in San Francisco, US

Key People at Square

Jack Dorsey

Jack Dorsey

Co-Founder, CEO
Sarah Friar

Sarah Friar

CFO
Jim McKelvey

Jim McKelvey

Co-Founder
Gokul Rajaram

Gokul Rajaram

Caviar Lead
Francoise Brougher

Francoise Brougher

Business Lead
Jesse Dorogusker

Jesse Dorogusker

Hardware Lead
Brian Grassadonia

Brian Grassadonia

Square Cash Lead
Alyssa Henry

Alyssa Henry

Seller Lead
Jacqueline Reses

Jacqueline Reses

Square Capital Lead & People Lead
Aaron Zamost

Aaron Zamost

Communications Lead
Sam Quigley

Sam Quigley

Risk and Security Lead

Square Office Locations

Square has offices in San Francisco, New York, Waterloo, Melbourne and in 17 other locations
San Francisco, US (HQ)
1455 Market Street
New York, US
375 W Broadway (at Broome St)
Show all (22)

Square Data and Metrics

Square Financial Metrics

Square's revenue was reported to be $403.5 m in Q1, 2017
USD

Revenue (Q1, 2017)

403.5 m

Gross profit (Q1, 2017)

115.4 m

Gross profit margin (Q1, 2017), %

29%

Net income (Q1, 2017)

(15.1 m)

EBIT (Q1, 2017)

(14.1 m)

Market capitalization (17-Aug-2017)

9.2 b

Cash (31-Mar-2017)

704.5 m
Square's current market capitalization is $9.2 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

552.4 m850.2 m1.3 b1.7 b

Revenue growth, %

54%49%35%

Cost of goods sold

423.6 m624.1 m897.1 m1.1 b

Gross profit

128.8 m226.1 m370 m576 m

Gross profit Margin, %

23%27%29%34%

Sales and marketing expense

112.6 m145.6 m173.9 m

R&D expense

144.6 m199.6 m268.5 m

General and administrative expense

94.2 m143.5 m252 m

Operating expense total

233.7 m376.6 m544.5 m746.5 m

EBIT

(150.5 m)(174.5 m)(170.5 m)

EBIT margin, %

(18%)(14%)(10%)

Pre tax profit

(152.7 m)(176.5 m)(169.7 m)

Income tax expense

1.4 m3.7 m1.9 m

Net Income

(104.5 m)(154.1 m)(179.8 m)(171.6 m)
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

300.5 m364.9 m388.3 m403.5 m

Cost of goods sold

269 m289.6 m288.7 m288.1 m

Gross profit

31.4 m75.3 m99.7 m115.4 m

Gross profit Margin, %

10%21%26%29%

Sales and marketing expense

38.5 m39.2 m46.8 m49.9 m

R&D expense

64.6 m68.6 m70.4 m68.6 m

General and administrative expense

96.1 m50.8 m52.1 m56.9 m

Operating expense total

199.2 m158.6 m169.2 m175.4 m

EBIT

(97.1 m)(27.4 m)(32 m)(14.1 m)

EBIT margin, %

(32%)(7%)(8%)(3%)

Pre tax profit

(96.4 m)(27 m)(32.1 m)(14.6 m)

Income tax expense

339 k312 k230 k509 k

Net Income

(96.8 m)(27.3 m)(32.3 m)(15.1 m)
USDFY, 2016

Cash

452 m

Accounts Receivable

14.8 m

Inventories

3.4 m

Current Assets

1 b

PP&E

88.3 m

Goodwill

57.2 m

Total Assets

1.2 b

Accounts Payable

12.6 m

Current Liabilities

577.5 m

Total Liabilities

635.2 m

Additional Paid-in Capital

1.4 b

Retained Earnings

(779.2 m)

Total Equity

576.2 m

Financial Leverage

2.1 x
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

370.6 m342.4 m437.9 m704.5 m

Current Assets

720.1 m721 m843 m1.3 b

PP&E

89 m86.3 m90 m91 m

Goodwill

56.7 m56.7 m56.7 m58.1 m

Total Assets

945.1 m933.3 m1.1 b1.6 b

Accounts Payable

19.6 m16.2 m13.7 m9.8 m

Current Liabilities

449.9 m411.5 m486 m554.9 m

Additional Paid-in Capital

1.1 b1.2 b1.3 b1.4 b

Retained Earnings

(704.4 m)(731.7 m)(764.1 m)(795 m)

Total Equity

444.9 m471.5 m510.4 m627.9 m

Financial Leverage

2.1 x2 x2.1 x2.5 x
USDFY, 2016

Net Income

(171.6 m)

Depreciation and Amortization

37.7 m

Accounts Payable

(2.1 m)

Cash From Operating Activities

23.1 m

Purchases of PP&E

(25.4 m)

Cash From Investing Activities

(122.7 m)

Cash From Financing Activities

90.7 m
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

(96.8 m)(27.3 m)(32.3 m)(15.1 m)

Accounts Payable

19.6 m16.2 m13.7 m9.8 m
USDY, 2017

Revenue/Employee

217.7 k

Financial Leverage

2.5 x

Square Operating Metrics

Y, 2014Y, 2015Y, 2016

Payments' Volume

$23.78 b$35.64 b$50 b

Square Market Value History

Square Revenue Breakdown

Square Job Categories

Square Median Salaries

Source: 199 public H-1B filings from Square

Traffic Overview of Square

Square Online and Social Media Presence

Square Company Life and Culture

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