Company: GDOT
Filing Date: 2025-05-12
Form Type: 10-Q
Source: 0001386278-25-000034
Chunk: 84

Company: GREEN DOT CORP
Filing Date: 2025-05-12
Form: 10-Q
Item: Part I, Item 1
Chunk 84
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 services through a network of tax preparation franchises, independent tax professionals and online tax preparation providers.Our Corporate and Other segment primarily consists of net interest income, certain other investment income earned by our bank, interest profit sharing arrangements with certain BaaS partners (a reduction of revenue), eliminations of inter-segment revenues and expenses, and unallocated corporate expenses, which include our fixed expenses such as salaries, wages and related benefits for our employees and certain third-party contractors, professional services fees, software licenses, telephone and communication costs, rent, utilities, and insurance. These costs are not considered when our CODM evaluates the performance of our three reportable segments since they are not directly attributable to any reporting segment. Non-cash expenses such as stock-based compensation, depreciation and amortization of long-lived assets, impairment charges, and other non-recurring expenses that are not considered by our CODM when evaluating our overall consolidated financial results are excluded from our 

21

Table of ContentsGREEN DOT CORPORATIONNOTES TO CONSOLIDATED FINANCIAL STATEMENTS – (CONTINUED)

Note 19—Segment Information (continued)  unallocated corporate expenses above. We do not evaluate performance or allocate resources based on segment asset data, and therefore such information is not presented.The following tables present key financial information for each of our reportable segments for the periods then ended:Three Months Ended March 31, 2025Consumer ServicesB2B ServicesMoney Movement ServicesCorporate and OtherTotal(In thousands)Total segment revenues$95,256 $341,991 $110,247 $8,470 $555,964 Segment expenses (1)Sales and marketing expenses  (2)33,298 4,016 21,403 — 58,717 Processing expenses  (3)9,182 265,516 722 — 275,420 Transaction losses and fraud management  (4)14,350 25,813 7,625 — 47,788 Customer support and related expenses  (5)4,794 19,494 1,397 — 25,685 Compensation and benefits expenses  (6)— — — 32,500 32,500 Other segment items (7)— — 2,274 23,021 25,295 Total segment expenses61,624 314,839 33,421 55,521 465,405 Segment profit$33,632 $27,152 $76,826