v3.26.1
SEGMENT AND GEOGRAPHICAL INFORMATION (Tables)
 6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Schedule of Segment Reporting
The following tables present information on the reportable segments revenue and segment gross profit, as well as amounts for the "Corporate and Other" category, which includes products and services not assigned to reportable segments and intersegment eliminations (in thousands):
Three Months Ended
June 30, 2026		Six Months Ended
June 30, 2026
Cash AppSquareCorporate and Other TotalCash AppSquareCorporate and Other Total
Revenue:
Commerce enablement revenue$1,130,858 $2,160,757 $49,956 $3,341,571 $2,217,324 $3,963,581 $99,136 $6,280,041 
Financial solutions revenue1,076,907 305,461 — 1,382,368 2,116,927 587,426 — 2,704,353 
Bitcoin ecosystem revenue1,812,918 37,345 43,485 1,893,748 3,557,138 64,878 68,124 3,690,140 
Segment revenue$4,020,683 $2,503,563 $93,441 $6,617,687 $7,891,389 $4,615,885 $167,260 $12,674,534 
Less: Cost of revenue2,047,680 1,343,327 60,599 3,451,606 4,010,252 2,474,099 114,863 6,599,214 
Segment gross profit$1,973,003 $1,160,236 $32,842 $3,166,081 $3,881,137 $2,141,786 $52,397 $6,075,320 
Interest revenue$44,251 $9,794 $— $54,045 $87,624 $18,166 $— $105,790 
Amortization of acquired technology assets$11,672 $1,133 $— $12,805 $23,343 $2,279 $— $25,622 

Three Months Ended
June 30, 2025		Six Months Ended
June 30, 2025
Cash AppSquareCorporate and Other TotalCash AppSquareCorporate and Other Total
Revenue:
Commerce enablement revenue$940,416 $1,915,179 $42,707 $2,898,302 $1,840,520 $3,541,800 $82,957 $5,465,277 
Financial solutions revenue733,457 251,096 — 984,553 1,382,929 476,635 — 1,859,564 
Bitcoin ecosystem revenue2,171,055 — 547 2,171,602 4,500,493 — 919 4,501,412 
Segment revenue$3,844,928 $2,166,275 $43,254 $6,054,457 $7,723,942 $4,018,435 $83,876 $11,826,253 
Less: Cost of revenue2,344,428 1,139,464 34,035 3,517,927 4,843,491 2,093,726 62,903 7,000,120 
Segment gross profit $1,500,500 $1,026,811 $9,219 $2,536,530 $2,880,451 $1,924,709 $20,973 $4,826,133 
Interest revenue$50,126 $10,548 $— $60,674 $99,364 $18,485 $— $117,849 
Amortization of acquired technology assets$12,897 $1,507 $— $14,404 $26,063 $3,015 $— $29,078 
Schedule of Reconciliation of Total Segment Profit to Income before applicable Income Taxes
The following table provides a reconciliation of total segment gross profit to the Company’s income (loss) before applicable income taxes (in thousands):
Three Months Ended
June 30,		Six Months Ended
June 30,
2026202520262025
Total segment gross profit$3,133,239 $2,527,311 $6,022,923 $4,805,160 
Add: Corporate and other gross profit32,842 9,219 52,397 20,973 
Less: Product development608,660 725,288 1,647,533 1,485,987 
Less: Sales and marketing664,955 549,731 1,315,463 1,054,191 
Less: General and administrative825,869 449,237 1,683,433 941,034 
Less: Transaction, loan, and consumer receivable losses585,450 294,090 1,085,575 463,779 
Less: Amortization of customer and other intangible assets34,277 33,891 68,436 67,547 
Less: Interest expense, net55,721 23,687 108,916 40,930 
Less: Remeasurement loss (gain) on bitcoin investment88,474 (212,165)261,292 (118,814)
Less: Other expense (income), net1,199 13,389 (4,227)5,047 
Income (loss) before applicable income taxes$301,476 $659,382 $(91,101)$886,432 
Schedule of Revenue by Geographic Area
Revenue by geography is based on the addresses of the sellers or customers. The following table details revenue by geographic area (in thousands):
Three Months Ended
June 30,		Six Months Ended
June 30,
2026202520262025
United States$6,025,374 $5,562,423 $11,556,124 $10,910,053 
International592,313 492,034 1,118,410 916,200 
Total$6,617,687 $6,054,457 $12,674,534 $11,826,253 
Schedule of Long-lived Assets by Geographic Area
The following table details long-lived assets by geography (in thousands):
  June 30, 2026December 31, 2025
United States$7,110,540 $7,281,727 
Australia4,594,669 4,453,807 
Other international1,890,316 1,933,458 
Total$13,595,525 $13,668,992