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REVENUE
9 Months Ended
Sep. 30, 2024
Revenue from Contract with Customer [Abstract]  
REVENUE REVENUE
The following table presents the Company's net revenue disaggregated by revenue source (in thousands):
Three Months Ended
September 30,
Nine Months Ended
September 30,
2024202320242023
Revenue from contracts with customers:
Transaction-based revenue$1,712,421 $1,658,668 $4,936,597 $4,719,027 
Subscription and services-based revenue1,254,659 1,077,457 3,730,719 3,187,465 
Hardware revenue36,839 42,341 112,300 124,714 
Bitcoin revenue2,428,608 2,423,584 7,771,475 6,978,219 
Revenue from other sources:
Subscription and services-based revenue (i)
543,274 415,443 1,537,401 1,133,156 
Total net revenue$5,975,801 $5,617,493 $18,088,492 $16,142,581 

(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").