Company: GDOT
Filing Date: 2025-05-12
Form Type: 10-Q
Source: 0001386278-25-000034
Chunk: 57

Company: GREEN DOT CORP
Filing Date: 2025-05-12
Form: 10-Q
Item: Part I, Item 1
Chunk 57
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:  Class A common stock, $0.001 par value; 100,000 shares authorized as of March 31, 2025 and December 31, 2024; 54,873 and 54,227 shares issued and outstanding as of March 31, 2025 and December 31, 2024, respectively55 55 Additional paid-in capital408,602 408,010 Retained earnings769,375 743,602 Accumulated other comprehensive loss(230,369)(278,082)Total stockholders’ equity947,663 873,585 Total liabilities and stockholders’ equity$5,727,885 $5,434,282 

See notes to unaudited consolidated financial statements

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Table of Contents

GREEN DOT CORPORATION

CONSOLIDATED STATEMENTS OF OPERATIONS

(UNAUDITED)Three Months Ended March 31, 20252024 (In thousands, except per share data)Operating revenues:Card revenues and other fees$375,953 $281,503 Cash processing revenues113,373 106,806 Interchange revenues47,919 50,968 Interest income, net21,629 12,711 Total operating revenues558,874 451,988 Operating expenses:Sales and marketing expenses59,688 62,375 Compensation and benefits expenses66,214 66,824 Processing expenses285,317 195,666 Other general and administrative expenses86,910 116,569 Total operating expenses498,129 441,434 Operating income 60,745 10,554 Interest expense, net1,386 1,457 Other (expense), net(25,704)(1,810)Income before income taxes33,655 7,287 Income tax expense7,882 2,537 Net income $25,773 $4,750 Basic earnings per common share:$0.47 $0.09 Diluted earnings per common share$0.47 $0.09 Basic weighted-average common shares issued and outstanding:54,361 52,942 Diluted weighted-average common shares issued and outstanding:55,282 53,270 

See notes to unaudited consolidated financial statements

2

Table of Contents

GREEN DOT CORPORATION

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME

(UNAUDITED)

Three Months Ended March