Company: GDOT
Filing Date: 2025-08-11
Form Type: 10-Q
Source: 0001386278-25-000064
Chunk: 166

Company: GREEN DOT CORP
Filing Date: 2025-08-11
Form: 10-Q
Item: Part I, Item 8
Chunk 166
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2420252024(In thousands)Total segment profit$45,425 $33,998 $135,984 $93,230 Reconciliation to loss before income taxesDepreciation and amortization of property, equipment and internal-use software16,078 15,827 31,262 32,259 Stock based compensation and related employer taxes5,759 7,513 9,202 16,219 Amortization of acquired intangible assets5,199 5,385 10,399 11,049 Impairment charges805 2,115 866 8,520 Legal settlement expenses1,256 26,147 2,193 32,027 Other expense2,929 678 7,918 6,269 Operating income (loss)13,399 (23,667)74,144 (13,113)Interest expense, net1,631 1,272 3,017 2,729 Other (expense), net(74,691)(4,530)(100,395)(6,340)Loss before income taxes$(62,923)$(29,469)$(29,268)$(22,182)

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Table of Contents

ITEM 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations

This Quarterly Report on Form 10-Q, including this Management’s Discussion and Analysis of Financial Condition and Results of Operations, contains forward-looking statements regarding future events and our future results that are subject to the safe harbors created under the Securities Act of 1933, as amended, (the "Securities Act") and the Securities Exchange Act of 1934, as amended, (the “Exchange Act”). All statements other than statements of historical facts are statements that could be deemed to be forward-looking statements. These statements are based on current expectations, estimates, forecasts and projections about the industries in which we operate and the beliefs and assumptions of our management. Words such as “expects,” “anticipates,” “targets,” “goals,” “projects,” “intends,” “plans,” “believes,” “seeks,” “estimates,” “continues,” “endeavors,” “strives,” “may” and “assumes,” variations of such words and similar expressions are intended to identify forward-looking statements. In addition, any statements that refer to projections of our future financial performance, our anticipated growth and trends in our businesses, and other characterizations of future