{
  "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": 4,
  "pageCount": 30,
  "prevPage": 3,
  "nextPage": 5,
  "slideType": "key_messages",
  "function": "summarize",
  "density": "dense",
  "nDataPoints": 7,
  "notes": "Includes a footnote explaining the 'Rule of 40' and non-GAAP financial measures.",
  "elementsJson": [
    "headline_text",
    "bullet_list",
    "footnote"
  ],
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019dd923-5efe-75c0-8dff-9fffb53b8418/4",
  "deckHref": "/decks/019dd923-5efe-75c0-8dff-9fffb53b8418",
  "deckJsonHref": "/decks/019dd923-5efe-75c0-8dff-9fffb53b8418.json",
  "deckAnchorHref": "/decks/019dd923-5efe-75c0-8dff-9fffb53b8418#slide-4",
  "components": [
    {
      "bbox": {
        "h": 0.08,
        "w": 0.934,
        "x": 0.033,
        "y": 0.875
      },
      "kind": "disclaimer",
      "text": "Rule of 40 is the sum of our gross profit growth and Adjusted Operating Income margin as a percent of gross profit. We may refer to a “Rule of” number other than 40 to refer to the sum of gross profit growth and Adjusted Operating Income margin as a percent of gross profit for the period given. Adjusted Operating Income (Loss) is a non-GAAP financial measure that represents our operating income (loss), adjusted to eliminate the effect of amortization of acquired technology assets; acquisition-related and integration costs; contingencies, restructuring and other charges;restructuring share-based compensation expenses; goodwill and intangible asset impairment; and amortization of customer and other acquired intangible assets.\nPlease see the appendix for definition of Square GPV and gross profit per transacting active.",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "acc9818e-1c7d-4c1d-8827-795242294196",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.25,
        "w": 0.43,
        "x": 0.51,
        "y": 0.268
      },
      "kind": "list",
      "text": "Growing engagement on Cash App with gross profit per monthly transacting active of $87 on an annualized basis, up 15% year over year\nRaising guidance by more than Q2 outperformance across gross profit and Adjusted Operating Income\nWe now expect $10.17 billion in gross profit for 2025 and to exit 2025 with 19% year over year gross profit growth and 20% Adjusted Operating Income Margin",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "602fa036-7c5d-418d-a3b1-f30fd99182b2",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.25,
        "w": 0.43,
        "x": 0.033,
        "y": 0.268
      },
      "kind": "list",
      "text": "Accelerated year-over-year gross profit growth to 14% and outperformed our gross profit guidance\nStrong profitability as we grew our Adjusted Operating Income 38% year over year and delivered 22% Adjusted Operating Income Margin\nSquare GPV growth accelerated to 10% year-over-year as we continued to gain share in our target verticals",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "a2e59788-d8bd-46f0-b510-cca44fb08b40",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": null,
      "kind": "metric",
      "text": "Gross Profit: $10.17 billion",
      "attrs": null,
      "subkind": "primary",
      "toolName": "Quantification",
      "toolSlug": "quantification",
      "confidence": null,
      "componentId": "019dd952-611b-745f-b674-0eb55832c333",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.035,
        "w": 0.215,
        "x": 0.033,
        "y": 0.142
      },
      "kind": "title",
      "text": "Q2 Key Messages",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "01afdda7-15fa-4adb-89fd-42641655568a",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 4,
      "from": 1,
      "beatId": "04558265-e98a-4731-967e-63f422ab822d",
      "arcName": "Monroe's Motivated Sequence",
      "arcSlug": "monroes-sequence",
      "beatName": "Attention",
      "beatSlug": "monroes-sequence-attention",
      "evidence": "The document starts with a cover page and key messages, grabbing the audience's attention.",
      "position": 0,
      "confidence": 0.8,
      "parentBeatName": "Hook",
      "parentBeatSlug": "hook"
    }
  ],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}