Company: GDOT
Filing Date: 2025-08-11
Form Type: 10-Q
Source: 0001386278-25-000064
Chunk: 117

Company: GREEN DOT CORP
Filing Date: 2025-08-11
Form: 10-Q
Item: Part I, Item 1
Chunk 117
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 across our portfolios and favorable reductions in our dispute loss rates, and lower supply chain material expenses due to lower active accounts, partially offset by an increase in sales commissions from higher revenues on products subject to tiered revenue-sharing agreements. Overall, segment profit decreased for the three and six months ended June 30, 2025 by approximately 4% and 1%, respectively, from the prior year comparable periods.

B2B Services

The results of operations and key metrics of our B2B Services segment for the three and six months ended June 30, 2025 and 2024 were as follows:

Three Months Ended June 30,Six Months Ended June 30,20252024Change%20252024Change%(In thousands, except percentages)Financial ResultsSegment revenues$348,650 $252,056 $96,594 38.3 %$690,641 $493,256 $197,385 40.0 %Segment expenses320,670 232,978 87,692 37.6 %635,509 455,895 179,614 39.4 %Segment profit$27,980 $19,078 $8,902 46.7 %$55,132 $37,361 $17,771 47.6 %Key Metrics(In millions, except percentages)Gross dollar volume$34,620 $28,116 $6,504 23.1 %$67,634 $54,371 $13,263 24.4 %Number of active accounts*1.81 1.65 0.16 9.7 %n/an/an/an/aPurchase volume$2,000 $1,976 $24 1.2 %$3,986 $3,911 $75 1.9 %

* Represents total number of active accounts as of June 30, 2025 and 2024, respectively.

As additional supplemental information, our key metrics within our B2B Services segment is presented on a quarterly basis as follows:

41

20252024Q2Q1Q4Q3Q2Q1(In millions)Key MetricsGross dollar volume$34,620 $33,014 $31,222 $29,490 $28,116 $26,255 Number of active accounts*1.81 1.78 1.79 1