Square, Inc. 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, and has expanded into small business services such as Square Capital, a financing program, Square Cash, a person-to-person payments service, and Square Payroll. Square Register allows individuals and merchants in the United States, Canada, Japan, Australia, and the United Kingdom, to accept offline debit and credit cards on their iOS or Android smartphone or tablet computer. The application software supports manually entering the card details, swiping the card through the audio jack connected Square Reader, or inserting or tapping the card using the Bluetooth LE-connected Square Chip and Contactless Reader.
Company Growth (employees)
San Francisco, US
Size (employees)
1,853 (est)+28%
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

Jim McKelvey

Jim McKelvey

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)

Square Data and Metrics

Square Financial Metrics

Square's revenue was reported to be $1.7 b in FY, 2016 which is a 35% increase from the previous period.

Revenue (FY, 2016)

1.7 b

Revenue growth (FY, 2015 - FY, 2016), %


Gross profit (FY, 2016)

576 m

Gross profit margin (FY, 2016), %


Net income (FY, 2016)

(171.6 m)

EBIT (FY, 2016)

(170.5 m)

Market capitalization (28-Jun-2017)

9.1 b

Closing share price (28-Jun-2017)


Cash (31-Dec-2016)

452 m
Square's current market capitalization is $9.1 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016


552.4 m850.2 m1.3 b1.7 b

Revenue growth, %


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, %


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


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

EBIT margin, %


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)
USDFY, 2016


452 m

Accounts Receivable

14.8 m


3.4 m

Current Assets

1 b


88.3 m


57.2 m

Total Assets

1.2 b

Accounts Payable

12.6 m

Current Liabilities

577.5 m

Additional Paid-in Capital

1.4 b

Retained Earnings

(779.2 m)

Total Equity

576.2 m

Financial Leverage

2.1 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
USDY, 2016


1.2 m

Financial Leverage

2.1 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's employees are reported to be approximately 37% female and 63% male.

Square Job Categories

Square Median Salaries

Source: 199 public H-1B filings from Square

Square Online and Social Media Presence

Square Company Life and Culture

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