Many mathematicians would disagree with your characterization. For them, the difference of squares is an abstract concept in algebra, and the geometric interpretation is merely a manifestation of it that just happens to work in some domain.
As an example, the formula is equally valid for complex numbers, but I doubt you'd get there from Euclid's. No doubt some geometric interpretation can be found for that as well, but then I'd pick some other algebraic field where it's true and you'd have to search yet again for a geometric interpretation.