{
  "docId": "019dd923-5efe-75c0-8dff-a7b87b2538bb",
  "docSlug": "05ce4d7cd054eee9",
  "documentTitle": "2025 Q4 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": 8,
  "pageCount": 44,
  "prevPage": 7,
  "nextPage": 9,
  "slideType": "key_messages",
  "function": "summarize",
  "density": "overcrowded",
  "nDataPoints": 6,
  "notes": null,
  "elementsJson": [
    "headline_text",
    "bullet_list",
    "footnote"
  ],
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019dd923-5efe-75c0-8dff-a7b87b2538bb/8",
  "deckHref": "/decks/019dd923-5efe-75c0-8dff-a7b87b2538bb",
  "deckJsonHref": "/decks/019dd923-5efe-75c0-8dff-a7b87b2538bb.json",
  "deckAnchorHref": "/decks/019dd923-5efe-75c0-8dff-a7b87b2538bb#slide-8",
  "components": [
    {
      "bbox": {
        "h": 0.025,
        "w": 0.53,
        "x": 0.034,
        "y": 0.935
      },
      "kind": "disclaimer",
      "text": "Please see the appendix for definition of transacting active, Square GPV, Primary Banking Actives, and NVA. Reconciliations of non-GAAP financial measures used in this presentation to their nearest GAAP equivalents are provided at the end of this presentation",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "d146e86e-d2a7-4109-b939-703ebb84a302",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.085,
        "w": 0.41,
        "x": 0.512,
        "y": 0.442
      },
      "kind": "list",
      "text": "We expect 18% gross profit growth and 54% Adjusted Operating Income growth in 2026 reflecting continued execution against our growth strategies",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "00b73f87-265a-458c-a407-ef65ab4b62c1",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.085,
        "w": 0.41,
        "x": 0.038,
        "y": 0.478
      },
      "kind": "list",
      "text": "Growing engagement on Cash App with Primary Banking Actives growing 22% year over year to 9.3 million as of December",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "08d8d278-e52c-4bbe-a888-fea30227a2c7",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.06,
        "w": 0.41,
        "x": 0.038,
        "y": 0.391
      },
      "kind": "list",
      "text": "Continued to grow actives, scaling Cash App to 59 million monthly transacting actives",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "2d15b452-1028-4f09-813f-c029b273d253",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.085,
        "w": 0.41,
        "x": 0.038,
        "y": 0.268
      },
      "kind": "list",
      "text": "Accelerated year-over-year gross profit growth to 24% and outperformed our Adjusted Operating Income guidance",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "b2d4a1f0-8db1-4dba-b15c-a8d5dca3fbb9",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.06,
        "w": 0.41,
        "x": 0.512,
        "y": 0.268
      },
      "kind": "list",
      "text": "Square GPV grew 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": "b5aaa28d-4788-4464-b5ba-96d4c1590dc2",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.06,
        "w": 0.41,
        "x": 0.512,
        "y": 0.355
      },
      "kind": "list",
      "text": "Square NVA growth accelerated to 29% in Q4 as we executed on our distribution strategies",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "b8215746-31f9-4eed-8478-c8f980c59714",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": null,
      "kind": "metric",
      "text": "Gross profit growth: 24%",
      "attrs": null,
      "subkind": "primary",
      "toolName": "Quantification",
      "toolSlug": "quantification",
      "confidence": null,
      "componentId": "019dd952-5beb-73c8-92bc-5d2151084bf5",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.035,
        "w": 0.215,
        "x": 0.034,
        "y": 0.145
      },
      "kind": "title",
      "text": "Q4 Key Messages",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "7b88185d-2b90-4cdc-9a3e-49c9ede0f7b5",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [],
  "arcBeats": [],
  "loops": [
    {
      "to": 29,
      "from": 4,
      "name": "Cost Of Inaction",
      "slug": "27-cost-of-inaction",
      "bestFor": "Urgent budget requests, compliance, risk mitigation",
      "matchId": "e1dd13dd-bcb6-4aea-95c0-192f1521f059",
      "evidence": "slides on financial performance and guidance",
      "position": 0,
      "objective": "highlight the importance of Block's growth strategy",
      "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point",
      "confidence": 0.6,
      "description": "Quantify what happens if the audience does nothing"
    }
  ],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}