Company: GDOT
Filing Date: 2025-08-11
Form Type: 10-Q
Source: 0001386278-25-000064
Chunk: 240

Company: GREEN DOT CORP
Filing Date: 2025-08-11
Form: 10-Q
Item: Part I, Item 2
Chunk 240
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 identify trends affecting, our business. We believe the following measures are the primary indicators of our quarterly and annual revenues:

Three Months Ended June 30,Six Months Ended June 30,20252024Change%20252024Change%(In millions, except percentages)Gross dollar volume$38,545 $32,130 $6,415 20.0 %$75,797 $62,885 $12,912 20.5 %Number of active accounts*3.48 3.41 0.07 2.1 %n/an/an/an/aPurchase volume$4,991 $5,012 $(21)(0.4)%$10,104 $10,286 $(182)(1.8)%Number of cash transfers7.52 8.15 (0.63)(7.7)%15.03 15.92 (0.89)(5.6)%Number of tax refunds processed3.73 4.20 (0.47)(11.1)%11.71 13.48 (1.77)(13.1)%

* Represents the number of active accounts as of June 30, 2025 and 2024, respectively.

See “Segment Results” for additional information and discussion regarding key metrics performance by segment. The definitions of our key metrics are as follows:

Gross Dollar Volume — Represents the total dollar volume of funds loaded to our account products from direct deposit and non-direct deposit sources. A substantial portion of our gross dollar volume is generated from direct deposit sources. We use this metric to analyze the total amount of money moving onto our account programs, and to determine the overall engagement and usage patterns of our accountholder base. This metric also serves as a leading indicator of revenue generated through our Consumer Services and B2B Services segments, inclusive of fees charged to accountholders and interchange revenues generated through the spending of account balances. 

Number of Active Accounts — Represents any bank account within our Consumer Services and B2B Services segments that is subject to the USA PATRIOT Act of 2001 compliance and, therefore, requires customer identity verification prior to use and is intended to accept ongoing customer cash or ACH deposits. This metric includes checking accounts, general purpose reloadable prepaid card accounts, and secured credit card accounts in our portfolio that had at least one purchase, deposit or ATM withdrawal transaction during the applicable quarter. We use this metric to analyze the overall size of