Company: WLTH
Filing Date: 2025-09-23
Form Type: DRS/A
Source: 0001524566-25-000011
Chunk: 387

Company: WEALTHFRONT CORP
Filing Date: 2025-09-23
Form: DRS/A
Chunk 387
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 may match employee contributions in amounts to be determined at the Company’s sole discretion. The Company made no contributions to the plan for the three and six months ended July 31, 2024 and 2025.

#### 14.

#### Income Taxes
|                                           |     | 2024 | Three Months Ended July 31, |   |     | 2025 |        |   |     | 2024 | Six Months Ended July 31, |   |     | 2025 |        |   |
|:------------------------------------------|:----|:-----|----------------------------:|:--|:----|:-----|-------:|:--|:----|:-----|--------------------------:|:--|:----|:-----|-------:|:--|
| Income before income taxes                |     | $    |                      33,523 |   |     | $    | 39,871 |   |     | $    |                    78,246 |   |     | $    | 73,982 |   |
| Provision for (benefit from) income taxes |     |      |                        -655 |   |     |      |  5,130 |   |     |      |                   -54,063 |   |     |      | 13,294 |   |
| Effective tax rate                        |     |      |                        -2.0 | % |     |      |   12.9 | % |     |      |                     -69.1 | % |     |      |   18.0 | % |

Each quarter, the Company’s tax provision for interim periods is determined by using an estimated annual effective tax rate, adjusted for discrete items arising in that quarter. The Company updates the estimated annual effective tax rate and makes a year-to-date adjustment to the provision.

The Company’s effective tax rate was (2.0)% and (69.1)% for the three and six months ended July 31, 2024. The primary difference between the effective tax rate and the federal statutory tax rate for each period is primarily due to the release in the valuation allowance on federal and state net deferred tax assets. The Company’s effective tax rate was 12.9% and 18.0% for the three and six months ended July 31, 2025. The primary difference between the effective tax rate and the federal statutory tax rate for each period was primarily due to nondeductible expenses and research and development tax credits.