XYZ — what changed in the latest 10-Q

Text added vs the prior filing · source: 10-Q · 2026-11-03

• Financial solutions costs for the three and nine months ended September 30, 2026 increased by $18.6 million, or 21%, and $41.2 million, or 17%, compared to the three and nine months ended September 30, 2025, respectively. The increase for the three months ended September 30, 2026 was primarily drive…

• •Transaction losses increased by $17.9 million, or 39%, and $31.9 million, or 21%, compared to the three and nine months ended September 30, 2025, respectively. The increase was primarily due to higher Square chargeback losses and higher Cash App Card dispute losses, driven by growth in Square GPV a…

• Provision for income taxes decreased by $91.6 million, or 65%, and $120.5 million, or 40%, for the three and nine months ended September 30, 2026, compared to the three and nine months ended September 30, 2025, respectively. The decrease for the three month period was primarily driven by the tax imp…

• Amortization of customer and other acquired intangible assets34,125 34,133 102,561 101,680

• Add: Net income (loss) attributable to noncontrolling interests(1,410)54 (2,772)(1,220)

Text removed vs the prior filing · source: 10-Q · 2026-08-05

• Financial solutions costs for the three and six months ended June 30, 2026 increased by $11.2 million, or 14%, and $22.6 million, or 14%, compared to the three and six months ended June 30, 2025, respectively. The increase was primarily driven by growth in Cash App's financial solutions-related prod…

• Provision for income taxes increased by $93.4 million, or 77%, and decreased by $29.0 million, or 18%, for the three and six months ended June 30, 2026, compared to the three and six months ended June 30, 2025, respectively. The increase for the three month period was primarily driven by the tax imp…

• Restructuring share-based compensation expense4,408 95 113,920 10,601

• Amortization of customer and other acquired intangible assets34,277 33,891 68,436 67,547

• Restructuring share-based compensation expense4,408 95 113,920 10,601

Text added vs the prior filing · source: 10-Q · 2026-11-03

• Square Financial Services issues brokered certificates of deposit as a supplementary source of funding for its lending and other interest-earning activities. The availability and cost of this funding are sensitive to interest rates and market conditions, and Square Financial Services may be unable t…

• Certain state and local tax authorities have challenged, and may continue to challenge, our treatment of bitcoin sale proceeds, business activity classifications, and apportionment methodologies under gross receipts and other tax regimes. We have paid certain assessments under protest and are pursui…

• Tax laws are routinely re-examined and evaluated globally. New laws and interpretations of such laws are taken into account to the extent they are applicable to us. Tax authorities are increasingly scrutinizing the tax positions of companies and we have tax audits pending in several jurisdictions.

• The U.S. federal and state governments, countries in the European Union, as well as a number of other countries and organizations such as the Organization for Economic Cooperation and Development (“OECD”), are actively considering changes to existing tax laws that, if enacted, could increase our tax…

• We expect to enter into a deferred prosecution agreement ("DPA") with the DOJ. The DPA would require us to make a monetary payment and is expected to last for three years. Any breach of the DPA, could subject us to prosecution on the deferred charge, or additional penalties. Refer to Note 16, Commit…

Text removed vs the prior filing · source: 10-Q · 2026-08-05

• Tax laws are routinely re-examined and evaluated globally. New laws and interpretations of such laws are taken into account to the extent they are applicable to us. Tax authorities are increasingly scrutinizing the tax positions of companies and we have tax audits pending in several jurisdictions. T…

• The number and significance of our legal or regulatory matters have increased as we have grown larger, as our business has expanded in scope and geographic reach, and as our products and services have increased in complexity, and we expect that we will continue to face additional legal or regulatory…