The Bid & Ask

Quotations, Dispatches, and the Daily Tape

Thursday, August 13, 2026

Subject of the day

XYZ

Concerning the House

Block, Inc., together with its subsidiaries, builds ecosystems focused on commerce and financial products and services in the United States and internationally. It operates through two segments: Square and Cash App. The Square segment offers managed payment services; software solutions; hardware products, such as registers, terminals, stands, and readers for contactless and chips; banking services consisting of lending, instant transfer, and checking and savings accounts; and full-service setup and support services. This segment also provides loyalty, marketing, team management, and payroll services; and gift cards. It also offers Square Handheld, a portable point-of sale device for transaction purposes. The Cash App segment offers financial tools, including peer-to-peer payments, bitcoin, and stock investment brokerage; Cash App Card, a debit card; Cash App Pay, mobile-friendly way for cash app customers to pay at merchants across online and in-person channels; direct deposit, stock brokerage, and tax preparation services; and Afterpay, a buy now, pay later platform. In addition, the company operates TIDAL, a platform for musicians and fans; TBD, an open developer platform focused on making the decentralized financial world accessible; Bitkey, a self-custody bitcoin wallet; and proto. The company was formerly known as Square, Inc. and changed its name to Block, Inc. in December 2021. Block, Inc. was incorporated in 2009 and is based in Oakland, California.

United States · www.block.xyz

The Long Run

FY 2016–2025 · 10 years

LineLatestCAGRTrend
Revenue$21.92B+32.8%
Gross profit$10.36B+37.9%
Operating income-$278.84M+453.9%
Net income$2.90B+66.7%
Cash from ops$100.96M+17.8%
Quotation

$83.09

+4.81 (+6.1%)

52w hi$84.64
52w lo$49.09
Vol4.28M
As ofAug 13
The Verdict

Hold

Our score +0.06

Short-0.06
Medium+0.24
Long-0.06

computed 2026-08-13

By the Numbers

Block, Inc.

Technology · Software - Infrastructure

Market cap$49.92B
Enterprise value$47.43B
Trailing P/E148.38x
Forward P/E16.01x
EV / EBITDA30.64x
P / S (ttm)1.99x
Profit margin1.4%
Return on equity1.6%
Revenue growth+9.3%
Earnings growth-83.3%
Debt / equity32.58
Risk Metrics
Beta vs SPX1.77
Corr SPX0.57
Annual vol51.0%
Annual ret+32.2%
Sharpe0.63
Max DD-53.0%

Window: 504 trading days (504 obs)

Layer Breakdown
LayerRawContribution
Fundamental+0.02
Sector+0.15
Technical+0.00
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-08-13

Recent Sessions
DateOpenHighLowCloseVol
Aug 13$79.09$83.72$78.92$83.094.28M
Aug 12$78.58$79.20$77.23$78.284.34M
Aug 11$78.82$79.80$78.243.51M
Aug 10$78.51$79.89$78.36$78.984.21M
Aug 7$78.96$80.04$77.92$79.006.00M