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Squarespace (Squarespace) Retained Earnings : $-1,184 Mil (As of Mar. 2024)


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What is Squarespace Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Squarespace's retained earnings for the quarter that ended in Mar. 2024 was $-1,184 Mil.

Squarespace's quarterly retained earnings increased from Sep. 2023 ($-1,189 Mil) to Dec. 2023 ($-1,184 Mil) and increased from Dec. 2023 ($-1,184 Mil) to Mar. 2024 ($-1,184 Mil).

Squarespace's annual retained earnings declined from Dec. 2021 ($-925 Mil) to Dec. 2022 ($-1,177 Mil) and declined from Dec. 2022 ($-1,177 Mil) to Dec. 2023 ($-1,184 Mil).


Squarespace Retained Earnings Historical Data

The historical data trend for Squarespace's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Squarespace Retained Earnings Chart

Squarespace Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
-378.18 -675.71 -924.86 -1,177.08 -1,184.16

Squarespace Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1,176.57 -1,172.91 -1,189.41 -1,184.16 -1,184.01

Squarespace Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


Squarespace  (NYSE:SQSP) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Squarespace (Squarespace) Business Description

Traded in Other Exchanges
Address
225 Varick Street, 12th Floor, New York, NY, USA, 10014
Squarespace is a provider of subscription-based website-building software and hosting services primarily servicing entrepreneurs and micro businesses. The company offers a range of add-on and standalone tools, including scheduling functionality, email marketing, member areas for paid content, and design tools for social media and video content. Following the 2021 acquisition of Tock, Squarespace has expanded into servicing hospitality customers with reservation, take-out, and event management software.
Executives
Anthony Casalena director, 10 percent owner, officer: Chief Executive Officer C/O SQUARESPACE, INC., 225 VARICK STREET, 12TH FLOOR, NEW YORK NY 10014
Nathan Gooden officer: Chief Financial Officer C/O SQUARESPACE, INC., 225 VARICK STREET, 12TH FLOOR, NEW YORK NY 10014
O'connor Courtenay officer: General Counsel and Secretary C/O SQUARESPACE, INC., 225 VARICK STREET, 12TH FLOOR, NEW YORK NY 10014
General Atlantic (sqrs) Lp director, 10 percent owner 55 EAST 52ND STREET, FLOOR 33, NEW YORK NY 10055
General Atlantic, L.p. director, 10 percent owner 55 EAST 52ND STREET, 33RD FLOOR, NEW YORK NY 10055
Paul Gubbay officer: Chief Product Officer C/O SQUARESPACE, INC., 225 VARICK STREET, 12TH FLOOR, NEW YORK NY 10014
Jonathan D Klein director C/O GETTY IMAGES, INC., 601 N 34TH ST, SEATTLE WA 98103
Index Venture Growth Associates I Ltd 10 percent owner 5TH FLOOR, 44 ESPLANADE, ST HELIER, CHANNEL ISLANDS Y9 JE1 3FG
Index Ventures Growth I Parallel Entrepreneur Fund (jersey) L.p. 10 percent owner NO.1 SEATON PLACE, ST. HELIER, JERSEY (CHANNEL ISLANDS) XX JE4 8YJ
Neela Montgomery director C/O LOGITECH INTERNATIONAL S.A., LES CHATAGNIS, APPLES V8 1143
Liza Landsman director 1 CHOICE HOTELS CIRCLE, ROCKVILLE MD 20850
Anton J Levy director 55 EAST 52ND STREET, 32ND FLOOR, NEW YORK NY 10055
Index Ventures Growth I (jersey) L.p. 10 percent owner NO.1 SEATON PLACE, ST. HELIER, JERSEY (CHANNEL ISLANDS) XX JE4 8YJ
(jersey) Slp Yucca 10 percent owner NO. 1 SEATON PLACE, ST. HELIER Y9 Y9 JE48YJ
General Atlantic (spv) Gp, Llc director, 10 percent owner 55 EAST 52ND STREET, 33RD FLOOR, NEW YORK NY 10055