Company: WLTH
Filing Date: 2025-12-12
Form Type: 424B4
Source: 0001628280-25-056780
Chunk: 188

Company: WEALTHFRONT CORP
Filing Date: 2025-12-12
Form: 424B4
Chunk 188
---
income), net increased by $21.6 million for the fiscal year ended January 31, 2025, compared to the prior year. The increase was primarily due to an increase of $19.4 million in fair value change in convertible note, warrant liabilities, and SAFEs, and an increase of $2.3 million in dividend income from corporate cash swept into a money market fund. For additional information regarding the fair value change for each of the convertible note, warrant liabilities, and SAFEs, refer to Note 7. — Financing Activities and Note 11. — Warrants to our consolidated financial statements included in this prospectus.

#### Provision for (Benefit From) Income Taxes
|                                           | (in thousands, except percentages) | Fiscal Year Ended January 31, |  2024 |   |     |   |    2025 |   |     |   | $ Change |     |     | % Change |    |
|:------------------------------------------|:-----------------------------------|:------------------------------|------:|:--|:----|:--|--------:|:--|:----|:--|---------:|:----|:----|:---------|:---|
| Provision for (benefit from) income taxes |                                    | $                             | 1,623 |   |     | $ | -55,218 |   |     | $ |  -56,841 |     |     |          | NM |
| Effective income tax rate                 |                                    |                               |   2.1 | % |     |   |   -39.7 | % |     |   |          |     |     |          |    |

_______________

NM - Not Meaningful

Provision for (benefit from) income taxes decreased by $56.8 million for the fiscal year ended January 31, 2025, compared to the prior year, primarily due to the release of the $80.2 million valuation allowance on our U.S. federal and state deferred tax assets, leading to a decrease of $43.3 million in deferred federal tax expense and a decrease of $16.9 million in deferred state tax expense. For additional information, refer to Note 14. — Income Taxes to our consolidated financial statements included in this prospectus.

<div align='center'>131</div>

### Quarterly Results

### of Operations
The following table sets forth our unaudited quarterly condensed consolidated statements of operations data for each of the quarters presented. The unaudited quarterly statements