{
  "docId": "019dd923-5efe-75c0-8dff-9fffb53b8418",
  "docSlug": "b57310cf4b73342f",
  "documentTitle": "2025 Q2 Investor Presentation",
  "authorId": "Block",
  "authorName": "Block",
  "documentKindSlug": "consulting-deck",
  "documentKindLabel": "Consulting deck",
  "sourceTypeSlug": "strategy_consulting",
  "sourceTypeLabel": "Strategy consulting",
  "presentationDate": null,
  "orientation": "landscape",
  "aspectRatio": 1.777,
  "pageNumber": 24,
  "pageCount": 30,
  "prevPage": 23,
  "nextPage": 25,
  "slideType": "financial_analysis",
  "function": "quantify_impact",
  "density": "dense",
  "nDataPoints": 5,
  "notes": "The slide mentions 'Rule of 34', which is a variation of the 'Rule of 40' SaaS metric.",
  "elementsJson": [
    "headline_text",
    "paragraph",
    "data_table",
    "footnote"
  ],
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019dd923-5efe-75c0-8dff-9fffb53b8418/24",
  "deckHref": "/decks/019dd923-5efe-75c0-8dff-9fffb53b8418",
  "deckJsonHref": "/decks/019dd923-5efe-75c0-8dff-9fffb53b8418.json",
  "deckAnchorHref": "/decks/019dd923-5efe-75c0-8dff-9fffb53b8418#slide-24",
  "components": [
    {
      "bbox": null,
      "kind": "callout",
      "text": "We're raising our gross profit and Adjusted Operating Income guidance by more than our second quarter outperformance to reflect our strong execution.",
      "attrs": null,
      "subkind": null,
      "toolName": "Visual emphasis",
      "toolSlug": "visual-emphasis",
      "confidence": null,
      "componentId": "019dd952-611b-745f-b675-e0ee8c6f898e",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.115,
        "w": 0.335,
        "x": 0.032,
        "y": 0.86
      },
      "kind": "disclaimer",
      "text": "We have not provided the forward-looking GAAP equivalents for certain forward-looking non-GAAP metrics, including Adjusted Operating Income (Loss) or GAAP reconciliations of the aforementioned, as a result of the uncertainty regarding, and the potential variability of, reconciling items such as contingencies, restructuring and other charges. However, it is important to note that material changes to reconciling items could have a significant effect on future GAAP results.a",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "58891c87-a984-41d0-bd1b-3fbb698d2eb5",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": null,
      "kind": "metric",
      "text": "Adjusted Operating Income: $2.03B",
      "attrs": null,
      "subkind": "primary",
      "toolName": "Quantification",
      "toolSlug": "quantification",
      "confidence": null,
      "componentId": "019dd952-611b-745f-b675-e61b1b6dd2c9",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.205,
        "w": 0.335,
        "x": 0.034,
        "y": 0.202
      },
      "kind": "paragraph",
      "text": "We're raising our gross profit and Adjusted Operating Income guidance by more than our second quarter outperformance to reflect our strong execution. For the full year, we expect year over year gross profit growth of over 14%. We expect to deliver Adjusted Operating Income of $2.03 billion, or 20% margin. We expect to achieve Rule of 34 in 2025.",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "f1e1fc90-f82c-4e9a-baf7-e9f9fc0051eb",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.535,
        "w": 0.539,
        "x": 0.427,
        "y": 0.185
      },
      "kind": "table",
      "text": "Gross Profit $10.17B; YoY Growth 14.4%; Adjusted Operating Income $2.03B; % Margin 20%; Rule of X 34%",
      "attrs": null,
      "subkind": "data",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "911da6df-7f1d-4b7c-a3f4-f2775208a8ce",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.035,
        "w": 0.28,
        "x": 0.034,
        "y": 0.142
      },
      "kind": "title",
      "text": "2025 Full Year Guidance",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "bd8858c7-8c59-4143-bfab-7243b63ea409",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [
    {
      "name": "Rule of 40",
      "slug": null,
      "matchId": "2426c444-167d-455c-be0a-0176de0317f3",
      "evidence": "The slide references 'Rule of 34', a common SaaS metric variant of the Rule of 40.",
      "confidence": 0.9
    }
  ],
  "arcBeats": [
    {
      "to": 25,
      "from": 24,
      "beatId": "af4f9df7-8846-440b-8125-68b9c6c82e8f",
      "arcName": "Monroe's Motivated Sequence",
      "arcSlug": "monroes-sequence",
      "beatName": "Action",
      "beatSlug": "monroes-sequence-action",
      "evidence": "The document concludes with 2025 Full Year Guidance and Q3 2025 Guidance, encouraging the audience to take action.",
      "position": 3,
      "confidence": 0.8,
      "parentBeatName": "Resolution",
      "parentBeatSlug": "resolution"
    }
  ],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}