Company: WLTH
Filing Date: 2025-09-29
Form Type: S-1
Source: 0001628280-25-043113
Chunk: 157

Company: WEALTHFRONT CORP
Filing Date: 2025-09-29
Form: S-1
Chunk 157
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 from) income taxes primarily consists of federal, state, and local income taxes. Our effective tax rate fluctuates from period to period due to changes in the mix of income and losses in jurisdictions with a wide range of tax rates, changes resulting from the amount of recorded valuation allowance, permanent differences between GAAP and local tax laws, certain one-time items, and changes in tax contingencies.

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#### Results

### of Operations
The results of operations presented below should be reviewed in conjunction with the condensed consolidated financial statements and notes included elsewhere in this prospectus.

| (in thousands)                            |     | 2024 | Fiscal Year Ended January 31, |     | 2025 |         |     | 2024 | Three Months Ended July 31, |     | 2025 |        |     | 2024 | Six Months Ended July 31, |     | 2025 |         |
|:------------------------------------------|:----|:-----|------------------------------:|:----|:-----|--------:|:----|:-----|----------------------------:|:----|:-----|-------:|:----|:-----|--------------------------:|:----|:-----|--------:|
| Revenue:                                  |     |      |                               |     |      |         |     |      |                             |     |      |        |     |      |                           |     |      |         |
| Cash management                           |     | $    |                       154,800 |     | $    | 230,946 |     | $    |                      58,331 |     | $    | 68,873 |     | $    |                   108,733 |     | $    | 133,139 |
| Investment advisory                       |     |      |                        56,095 |     |      |  73,045 |     |      |                      17,889 |     |      | 22,040 |     |      |                    34,272 |     |      |  41,914 |
| Other revenue                             |     |      |                         5,819 |     |      |   4,868 |     |      |                       1,330 |     |      |    210 |     |      |                     2,865 |     |      |     584 |
| Total revenue                             |     |      |                       216,714 |     |      | 308,859 |