2025 Q4 Investor Presentation

Block
arc beats above · slides in the middle · loops below · scroll → 2 LOOPS
SETUP TENSION ANALYSIS EVIDENCE RESOLUTION APPENDIX
HOVER FOR DETAILS · CLICK A SLIDE FOR FULLSCREEN · STEP 2
No image bound to this slide. Wire up imgproxy to display the rendered slide JPEG.

Deck intelligence map

3
coverage by narrative range · generated from this deck JSON

Slide inventory

44
every slide · same image gating as the playbook
01
Slide 1
front_matter
02
front_matter
03
summarize
04
The slide includes a table row below the chart showing YoY growth percentages for each year.quantify_impact
Open slide detailBeat · ProblemLoop · Cost Of Inaction
05
The chart displays annual gross profit figures with year-over-year growth percentages at the bottom.quantify_impact
Open slide detailBeat · ProblemLoop · Cost Of Inaction
06
Includes detailed accounting disclosure regarding ASU 2023-08 and one-time tax benefits.analyze_data
Open slide detailLoop · Cost Of Inaction
07
Includes non-GAAP financial measure disclaimer.quantify_impact
Open slide detailLoop · Cost Of Inaction
08
summarize
Open slide detailLoop · Cost Of Inaction
09
The chart displays segment-level gross profit contributions and total quarterly gross profit, with a YoY growth percentage row at the bottom.quantify_impact
Open slide detailLoop · Cost Of Inaction
10
Includes detailed footnote regarding non-recurring items affecting net income.analyze_data
Open slide detailLoop · Cost Of Inaction
11
Includes margin percentages for Adjusted Operating Income.quantify_impact
Open slide detailLoop · Cost Of Inaction
12
quantify_impact
Open slide detailLoop · Cost Of Inaction
13
front_matter
Open slide detailLoop · Cost Of Inaction
14
The slide outlines the 'financial operating system' thesis for Cash App, categorizing its business into four pillars (Network, Commerce, Banking, Bitcoin) and dpresent_solution
Open slide detailBeat · SolutionLoop · Cost Of Inaction
15
The chart displays quarterly gross profit performance for Cash App, highlighting growth drivers like Cash App Borrow, BNPL, and Cash App Card.quantify_impact
Open slide detailBeat · SolutionLoop · Cost Of Inaction
16
quantify_impact
Open slide detailBeat · SolutionLoop · Cost Of Inaction
17
summarize
Open slide detailBeat · SolutionLoop · Cost Of Inaction
18
quantify_impact
Open slide detailBeat · SolutionLoop · Cost Of Inaction
19
The chart illustrates a shift in customer mix towards newer cohorts (0-6 months) over time.analyze_data
Open slide detailBeat · SolutionLoop · Cost Of Inaction
20
The chart shows a probability density function shift, likely representing a risk management model.analyze_data
Open slide detailBeat · SolutionLoop · Cost Of Inaction
21
The slide uses social proof to validate the product's value proposition.illustrate_case
Open slide detailLoop · Cost Of Inaction
22
filler
Open slide detailLoop · Cost Of Inaction
23
present_solution
Open slide detailLoop · Cost Of Inaction
24
The chart displays a stacked bar representation of gross profit across three segments: Bitcoin Ecosystem, Financial Solutions, and Commerce Enablement.quantify_impact
Open slide detailLoop · Cost Of Inaction
25
The chart tracks GPV performance from Q4 2024 to Q4 2025.analyze_data
Open slide detailLoop · Cost Of Inaction
26
The chart tracks two distinct monetization metrics from Q4 2024 to Q4 2025.analyze_data
Open slide detailLoop · Cost Of Inaction
27
The slide features a screenshot of a conversational AI interface showing a business query and a bar chart response.illustrate_case
Open slide detailLoop · Cost Of Inaction
28
Includes a 'Rule of X' metric, which is a variation of the 'Rule of 40' commonly used in SaaS/tech.summarize
Open slide detailBeat · FinancialsLoop · Cost Of Inaction
29
summarize
Open slide detailBeat · FinancialsLoop · Cost Of Inaction
30
This slide acts as a visual break or transition between sections of the deck.transition
32
Provides technical definitions for Gross Profit Retention, New Volume Added (NVA), Transacting Active, and Primary Banking Active (PBA).appendix
34
The table displays adjustments for amortization, acquisition costs, restructuring, and impairment charges.analyze_data
35
The table reconciles GAAP operating income to non-GAAP Adjusted Operating Income by adding back various non-cash and one-time charges.analyze_data
36
The table reconciles Net income to Adjusted EBITDA by adding back items like share-based compensation, depreciation, and various non-recurring charges.analyze_data
37
The table provides a bridge between GAAP Net Income and non-GAAP Adjusted EBITDA, including adjustments for share-based compensation, depreciation, and various analyze_data
38
The table breaks down revenue and cost of revenue by segment (Commerce enablement, Financial solutions, Bitcoin ecosystem) and includes amortization of acquiredanalyze_data
39
The table breaks down revenue and cost of revenue by segment (Commerce enablement, Financial solutions, Bitcoin ecosystem) to arrive at gross profit.analyze_data
40
The table displays quarterly financial data for Cash App, including revenue streams and associated costs, leading to segment gross profit.analyze_data
41
Figures presented may not sum precisely due to rounding.analyze_data
42
The table displays revenue and cost breakdowns for Commerce enablement, Financial solutions, and Bitcoin ecosystem segments.analyze_data
43
The table displays revenue and cost components for Commerce enablement and Financial solutions segments.analyze_data
44
The table shows adjustments to gross profit by subtracting hardware contributions.analyze_data