Cash App Statistics: How Many People Use Cash App?

Cash App launched in 2013, offering a platform for transferring money between individuals. Two years later, in 2015, service expanded with business transactions.

Today, Cash App is a popular digital wallet with over 57 million users. It targets the lower-income adult demographic with a range of products, from money transfers, debit cards to personal loans.

Continue reading to find all the important Cash App usage stats for 2025.

Cash App Key Stats

Cash App has 57 million monthly active users.
Cash App Card has 25 million transacting users
Cash App generated $3.88 billion in revenue in Q1 2025

Cash App Monthly Active Users

As of Q1 2025, Cash App had 57 million monthly transacting active users, which remained the same compared to Q1 2024.

Here’s a detailed breakdown of Cash App Monthly Active users over time since 2019:

Source: Block

Cash App Revenue

In Q1 2025, Cash App registered $3.88 billion in revenue, showing a 6.95% year-over-year decrease.

Here’s a detailed breakdown of Cash App revenue since 2018:

Source: Block

Cash App Gross Profit

According to the latest company data, Cash App had $1.38 billion in gross profit in Q1 2025, showing a 8.7% year-over-year decrease.

Here’s a detailed breakdown of Cash App gross profit since 2019:

Source: Block

Cash App Card Monthly Active Users

According to the company report, Cash App Card (debit card product) has 25 million monthly transacting users as of Q1 2025, that’s up from 24 million in 2024.

Here’s a detailed breakdown of Cash App Card active user base over time since Q2 2019:

Source: Block

Cash App Demographics

According to the latest estimates, the user base of Cash App on iPhones leans male, and one-third (35.3%) of the total users are between 18 and 24 years old.

Here’s a table with Cash App age demographics:

Source: Appfigures

The post Cash App Statistics: How Many People Use Cash App? appeared first on Backlinko.