Apple vs Block (formerly Square): Business Model & Financial Comparison 2026
Apple · Technology / Consumer Electronics
Financial Comparison
| Metric | AAPLApple | SQBlock (formerly Square) |
|---|---|---|
| Market Cap | $3.66T | N/A |
| Revenue (TTM) | $435.62B | N/A |
| Revenue Growth | 15.7% | N/A |
| Gross Margin | 47.3% | N/A |
| Operating Margin | 35.4% | N/A |
| Net Margin | 27.0% | N/A |
| Return on Equity | 152.0% | N/A |
| P/E (Trailing) | 31.5x | N/A |
| P/E (Forward) | 26.7x | N/A |
| Free Cash Flow | $106.31B | N/A |
| Cash | $66.91B | N/A |
| Total Debt | $90.51B | N/A |
Data sourced from Yahoo Finance. Green highlights indicate better performance for that metric. Use the interactive tool for real-time data.
Business Model Comparison
Apple
Apple stands as the world's most valuable company and leader in consumer electronics. Generating $435.62 billion in annual revenue (growing 15.7% year-over-year) and carrying a market capitalization of $3.83 trillion, the company has cemented its position as a foundational player in the global Consumer Electronics landscape. Under the leadership of Tim Cook, Apple continues to execute on a multi-year strategic vision that balances growth investme…
Full Apple analysis →Block (formerly Square)
Block (formerly Square) is a leading company in the fintech/payments industry. Block, Inc. (formerly Square) operates two distinct ecosystems: Square, which serves small-to-medium businesses with payment processing and commerce tools, and Cash App, which provides consumer financial services to approximately 57 million monthly active users. The company generated $22.3 billion i
Full Block (formerly Square) analysis →SWOT Analysis Comparison
- With a market capitalization of $3.83T, Apple is one of the largest companies in its sector, providing the scale advantages of brand recognition, supplier leverage, and capital access that smaller com
- Apple's gross margin of 47.3% is well above industry averages, reflecting pricing power, operational efficiency, or a high-value product mix. The operating margin of 35.4% demonstrates disciplined cos
- Revenue grew 15.7% year-over-year to $435.62B, indicating strong demand for Apple's products and services and outperformance relative to many industry peers.
- See full analysis
- With a debt-to-equity ratio of 102.6, Apple carries significant debt relative to equity. While manageable given its cash flow, elevated leverage limits financial flexibility and increases vulnerabilit
- With 150,000 employees globally, Apple faces inherent challenges in agility, decision-making speed, and maintaining a consistent culture across geographies — advantages that smaller, nimbler competito
- iPhone revenue still represents 52% of total sales — over-reliance on a single product
- See full analysis
- The rapid advancement of generative AI and large language models presents Apple with opportunities to automate operations, enhance products, and develop new AI-native services. Companies in Technology
- Apple operates in the Consumer Electronics segment of the broader Technology sector, which represents a $5.0 trillion by 2027 (IDC Global Technology Market). Even modest share gains in this environmen
- Emerging markets — particularly India (1.4B people, rapidly growing middle class), Southeast Asia (700M people), and Sub-Saharan Africa — represent significant untapped addressable markets for Apple's
- See full analysis
- Global economic slowdowns, inflation, or rising interest rates can reduce consumer and enterprise spending. Apple's revenue is not fully insulated from macroeconomic cycles, and a recession scenario c
- Increasing government regulation — particularly data privacy laws (GDPR, CCPA), antitrust enforcement, and trade restrictions — poses compliance costs and potential restrictions on Apple's business mo
- The technology sector evolves at a pace where today's competitive advantages can erode quickly. New entrants with AI-native approaches, open-source alternatives, or disruptive business models could ch
- See full analysis
Compare any 2–4 companies with live data
The interactive comparison tool lets you select any companies, see real-time metrics, and export a side-by-side report.
Open Comparison ToolApple vs Block (formerly Square): FAQ
- Is Apple bigger than Block (formerly Square)?
- Both companies are significant players in their respective markets. See the financial comparison table above for current market capitalization data.
- Which has better profit margins — Apple or Block (formerly Square)?
- See the profitability section of the comparison table above for gross margin, operating margin, and net margin data.
- What sectors do Apple and Block (formerly Square) operate in?
- Apple operates in the Technology sector (Consumer Electronics). Block (formerly Square) operates in the broader market sector.
- How does Apple's revenue compare to Block (formerly Square)'s?
- See the revenue row in the financial comparison table above for the most current trailing twelve-month revenue figures.