Profitability:
Gross profit is rising rapidly, with Cash App up 31% year over year in Q2 2026 and companywide gross profit also expanding. Guidance was raised on the strength of Cash App and Square, underscoring ongoing profit momentum.
Cost & Operational Efficiency:
Management is prioritizing gross profit per employee and operating margins, aiming to run a smaller company while continuing product and user growth. The February 2026 restructuring was framed around “disciplined growth” and AI‑driven efficiency.
Resilient & Sustainable Growth:
Users and engagement are trending up, with about 59 million monthly actives at end‑2025 and accelerating inflows per active alongside rising “primary banking” usage. Momentum carried into 2026, with strong early‑year gross profit growth supporting raised full‑year outlook.
