Block Inc
For the period ended Dec 31, 2023. Filed Feb 22, 2024.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Feb 22, 2024
XYZ$85.58-3.4%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Stockholders' Equity
(In thousands, except for number of shares)
| Class A and B common stock · Common stock and Additional paid-in · Accumulated other comprehensive · Accumulated · Noncontrolling · Total stockholders’ | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Shares · capital · income (loss) · deficit · interests · equity | ||||||||||||
| Balance at December 31, 2020 | 456,185 | $2,955,464 | $23,328 | $(297,223) | $— | $2,681,569 | ||||||
| Cumulative adjustment due to adoption of ASU 2020-06 | — | (502,707) | — | 102,974 | — | (399,733) | ||||||
| Net income (loss) | — | — | — | 166,284 | (7,458) | 158,826 | ||||||
| Shares issued in connection with employee stock plans | 11,976 | 126,829 | — | — | — | 126,829 | ||||||
| Issuance of common stock in connection with business combination | 118 | 28,735 | — | — | — | 28,735 | ||||||
| Change in other comprehensive loss | — | — | (39,763) | — | — | (39,763) | ||||||
| Share-based compensation | — | 623,067 | — | — | — | 623,067 | ||||||
| Tax withholding related to vesting of restricted stock units | (1,403) | (323,012) | — | — | — | (323,012) | ||||||
| Issuance of common stock in conjunction with the conversion of convertible notes | 5,515 | 408,879 | — | — | — | 408,879 | ||||||
| Exercise of bond hedges in conjunction with the conversion of convertible notes | (7,447) | — | — | — | — | — | ||||||
| Noncontrolling interests in connection with business combination | — | — | — | — | 48,192 | 48,192 | ||||||
| Balance at December 31, 2021 | 464,944 | $3,317,255 | $(16,435) | $(27,965) | $40,734 | $3,313,589 | ||||||
| Net loss | — | — | — | (540,747) | (12,258) | (553,005) | ||||||
| Shares issued in connection with employee stock plans | 11,824 | 81,768 | — | — | — | 81,768 | ||||||
| Issuance of common stock in connection with business combination | 113,617 | 13,827,929 | — | — | — | 13,827,929 | ||||||
| Change in other comprehensive loss | — | — | (506,655) | — | — | (506,655) | ||||||
| Share-based compensation | — | 1,092,010 | — | — | — | 1,092,010 | ||||||
| Tax withholding related to vesting of restricted stock units | (37) | (4,735) | — | — | — | (4,735) | ||||||
| Issuance of common stock in conjunction with the conversion of convertible notes | 20 | 454 | — | — | — | 454 | ||||||
| Exercise of bond hedges in conjunction with the conversion of convertible notes | (1,189) | — | — | — | — | — | ||||||
| Issuance of common stock in connection with the exercise of common stock warrants | 10,881 | — | — | — | — | — | ||||||
| Balance at December 31, 2022 | 600,060 | $18,314,681 | $(523,090) | $(568,712) | $28,476 | $17,251,355 | ||||||
| Cumulative adjustment due to adoption of ASU 2023-08 | — | — | — | 30,511 | — | 30,511 | ||||||
| Net income (loss) | — | — | — | 9,772 | (30,896) | (21,124) | ||||||
| Shares issued in connection with employee stock plans | 18,055 | 130,433 | — | — | — | 130,433 | ||||||
| Repurchases of common stock | (2,466) | (156,812) | — | — | — | (156,812) | ||||||
| Change in other comprehensive income | — | — | 144,783 | — | — | 144,783 | ||||||
| Share-based compensation | — | 1,307,032 | — | — | — | 1,307,032 | ||||||
| Issuance of common stock in connection with business combination | 172 | 6,658 | — | — | — | 6,658 | ||||||
| Balance at December 31, 2023 | 615,821 | $19,601,992 | $(378,307) | $(528,429) | $(2,420) | $18,692,836 | ||||||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.