Company: WLTH
Filing Date: 2025-09-29
Form Type: S-1
Source: 0001628280-25-043113
Chunk: 167

Company: WEALTHFRONT CORP
Filing Date: 2025-09-29
Form: S-1
Chunk 167
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 | -2,628 |     |          | -12 | % |

Marketing expenses decreased by $2.4 million, or 21%, and $2.6 million, or 12%, for the three and six months ended July 31, 2025, respectively, compared to the same periods in the prior year. The decrease was primarily due to a decrease of $2.8 million and $2.9 million in advertising expenses for the three and six months ended July 31, 2025, respectively, compared to the same periods in the prior year.

Operations and Support

Operations and support expenses increased by $0.5 million, or 19%, and $0.9 million, or 18%, for the three and six months ended July 31, 2025, respectively, compared to the same periods in the prior year. The increase was due to an increase of $0.5 million and $0.9 million in personnel-related expenses due to increased headcount for the three and six months ended July 31, 2025, respectively, compared to the same periods in the prior year.

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#### Interest Expense
| (in thousands, except percentages) |     | 2024 | Three Months Ended July 31, |     | 2025 |    |     | $ Change |      |     | % Change |     |   |     | 2024 | Six Months Ended July 31, |     | 2025 |     |     | $ Change |        |     | % Change |     |   |
|:-----------------------------------|:----|:-----|----------------------------:|:----|:-----|---:|:----|:---------|-----:|:----|:---------|----:|:--|:----|:-----|--------------------------:|:----|:-----|----:|:----|:---------|-------:|:----|:---------|----:|:--|
| Interest expense                   |     | $    |                         808 |     | $    | 99 |     | $        | -709 |     |          | -88 | % |     | $    |                     1,526 |     | $    | 166 |     | $        | -1,360 |     |          | -89 | % |

Interest expense decreased by $0.7 million, or 88%, and decreased by $1.4 million,