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REVENUE (Tables)
3 Months Ended
Mar. 31, 2025
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,
20252024
Revenue from contracts with customers:
Transaction-based revenue$1,550,731 $1,511,209 
Subscription and services-based revenue1,264,347 1,212,118 
Hardware revenue28,690 32,501 
Bitcoin revenue2,301,402 2,731,124 
Revenue from other sources:
Subscription and services-based revenue (i)
626,626 470,176 
Total net revenue$5,771,796 $5,957,128 

(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 BNPL platform, interest income earned on customer funds, and interest income earned on funds held by Square Financial Services, Inc., which is a Utah state-chartered industrial loan company, ("Square Financial Services").