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Block Inc (formerly Square Inc) is a U.S.-based technology company founded in 2009 by Jack Dorsey and Jim McKelvey. Co-headquartered in Oakland, California, and Dublin, Ireland, Block provides business payment tools under the Square brand, peer-to-peer banking and investing via Cash App, and crypto innovation through Bitkey, Proto, Spiral, and Afterpay operations. As of Q2 2025, Block reported adjusted net income of $385 million (EPS $0.62) and revenue of approximately $6.05 billion. Despite a 1.6% YoY revenue decline, gross profit rose ~14% driven by recovery in both Square and Cash App segments. Block has processed over $241 billion in payments annually, serving 57 million users and 4 million sellers. Strategic innovation continues via Bitcoin services, open-source tools, and stablecoin/mining rollout.
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