Growth Metrics

Block (BSQKZ) Current Leases (2019 - 2022)

Block recorded quarterly Current Leases of $70.3 million in Q3 2022, down 43.8% quarter-over-quarter from $125.1 million in Q2 2022, and up 16.24% year-over-year from $60.5 million in Q3 2021.

Block's Current Leases history runs 4 years deep, the most recent figure standing at $70.3 million for Q3 2022.

  • In Q3 2022, Current Leases rose 16.24% year-over-year to $70.3 million; the TTM figure through Sep 2022 stood at $70.3 million (up 16.24% YoY), while the FY2021 annual figure was $64.0 million, up 21.39% from the prior year.
  • Current Leases came in at $70.3 million for Q3 2022 at Block, down from $125.1 million in the prior quarter.
  • In the past five years, Current Leases ranged from a high of $125.1 million in Q2 2022 to a low of $23.0 million in Q1 2019.
  • A 4-year average of $52.6 million and a median of $52.7 million in 2020 frame the typical range for Current Leases.
  • On a YoY basis, Current Leases climbed as much as 119.09% in 2022 and fell as far as 16.24% in 2022.
  • Block's Current Leases stood at $27.3 million in 2019, then jumped by 93.39% to $52.7 million in 2020, then climbed by 21.39% to $64.0 million in 2021, then increased by 9.8% to $70.3 million in 2022.
  • According to Business Quant data, Current Leases over the past three periods registered $70.3 million, $125.1 million, and $71.4 million for Q3 2022, Q2 2022, and Q1 2022 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Current Leases (Qtr)
1 Microsoft 3,425.08 Bn 3,346.81 Bn 56.06 Bn -
2 Oracle 712.03 Bn 673.46 Bn 15.14 Bn -
3 Palantir Technologies 384.58 Bn 376.66 Bn 1.42 Bn -
4 Palo Alto Networks 208.80 Bn 204.26 Bn 1.91 Bn -
5 CrowdStrike Holdings 195.63 Bn 192.58 Bn 993.68 Mn 18.23 Mn
6 Fortinet 108.69 Bn 105.40 Bn 1.49 Bn -
7 Cloudflare 95.27 Bn 94.32 Bn 455.60 Mn 74.60 Mn
8 Synopsys 93.41 Bn 93.30 Bn 1.77 Bn 133.10 Mn
9 CoreWeave 65.84 Bn 63.57 Bn 2.01 Bn 23.00 Mn
10 Block - - 2.91 Bn -

Historic Data

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DateValue
Sep 30, 2022 70.30 Mn
Jun 30, 2022 125.11 Mn
Mar 31, 2022 71.39 Mn
Dec 31, 2021 64.03 Mn
Sep 30, 2021 60.48 Mn
Jun 30, 2021 57.10 Mn
Mar 31, 2021 55.49 Mn
Dec 31, 2020 52.75 Mn
Sep 30, 2020 51.04 Mn
Jun 30, 2020 43.63 Mn
Mar 31, 2020 37.34 Mn
Dec 31, 2019 27.28 Mn
Sep 30, 2019 25.78 Mn
Jun 30, 2019 24.96 Mn
Mar 31, 2019 23.04 Mn