Company: GDOT
Filing Date: 2025-11-10
Form Type: 10-Q
Source: 0001386278-25-000076
Chunk: 121

Company: GREEN DOT CORP
Filing Date: 2025-11-10
Form: 10-Q
Item: Part I, Item 1
Chunk 121
---
 active accounts*0.40 0.44 (0.04)(9.1)%n/an/an/an/aPurchase volume$2,730 $2,904 $(174)(6.0)%$8,848 $9,279 $(431)(4.6)%

43

* Represents total number of active and direct deposit active accounts as of September 30, 2025 and 2024, respectively.

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

20252024Q3Q2Q1Q4Q3Q2Q1(In millions)Key MetricsGross dollar volume$3,637 $3,925 $4,238 $4,060 $3,983 $4,014 $4,500 Number of active accounts *1.62 1.67 1.80 1.88 1.78 1.76 1.93 Direct deposit active accounts *0.40 0.41 0.41 0.43 0.44 0.45 0.46 Purchase volume$2,730 $2,991 $3,127 $3,082 $2,904 $3,036 $3,339 

* Represents total number of active accounts as of the end of each quarter.

Segment revenues within Consumer Services for the three and nine months ended September 30, 2025 decreased $9.7 million, or 10%, and $18.6 million, or 6%, respectively, from the prior year comparable periods, while our segment expenses for the three and nine months ended September 30, 2025 decreased by $2.0 million, or 3%, and $9.9 million, or 5%, respectively.

Our gross dollar volume and purchase volume declined by 9% and 6%, respectively, for the three months ended September 30, 2025, and both the number of active accounts and direct deposit accounts declined by 9% from the prior year comparable periods, primarily due to each of the factors discussed above in "Overview." These factors include macro-economic factors leading to economic challenges for consumers and other competitive trends that have impacted account acquisition. Our gross dollar volume and purchase volume decreased year-over-year by similar levels during the nine months ended September 30, 2025. As a result of these decreases in each of our