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REVENUE (Tables)
3 Months Ended
Mar. 31, 2024
Revenue from Contract with Customer [Abstract]  
Disaggregation of Revenue
The following table presents the Company's net revenue disaggregated by revenue source (in thousands):
Three Months Ended
March 31,
20242023
Revenue from contracts with customers:
Transaction-based revenue$1,511,209 $1,422,705 
Subscription and services-based revenue1,212,118 1,038,613 
Hardware revenue32,501 37,451 
Bitcoin revenue2,731,124 2,163,751 
Revenue from other sources:
Subscription and services-based revenue (i)
470,176 327,611 
Total net revenue$5,957,128 $4,990,131 

(i) Subscription and services-based revenue from other sources relates to revenue generated from the Company's Square Loans, revenue generated from consumer receivables originated through our buy now, pay later ("BNPL") platform, interest income earned on customer funds, and interest income earned on funds held by Square Financial Services, Inc. ("Square Financial Services").