Company: GDOT
Filing Date: 2025-08-11
Form Type: 10-Q
Source: 0001386278-25-000064
Chunk: 65

Company: GREEN DOT CORP
Filing Date: 2025-08-11
Form: 10-Q
Item: Part I, Item 1
Chunk 65
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)$91,200 $337,474 $54,001 $482,675 Three Months Ended June 30, 2024Consumer ServicesB2B ServicesMoney Movement ServicesTotal Timing of recognition(In thousands)Transferred point in time$69,608 $35,952 $55,906 $161,466 Transferred over time24,443 205,779 768 230,990 Operating revenues (1)$94,051 $241,731 $56,674 $392,456 Six Months Ended June 30, 2025Consumer ServicesB2B ServicesMoney Movement ServicesTotal Timing of recognition(In thousands)Transferred point in time$137,428 $76,125 $165,630 $379,183 Transferred over time46,860 592,260 1,617 640,737 Operating revenues (1)$184,288 $668,385 $167,247 $1,019,920 Six Months Ended June 30, 2024Consumer ServicesB2B ServicesMoney Movement ServicesTotal Timing of recognition(In thousands)Transferred point in time$140,472 $69,752 $161,949 $372,173 Transferred over time51,586 406,420 1,554 459,560 Operating revenues (1)$192,058 $476,172 $163,503 $831,733 (1)Excludes net interest income, a component of total operating revenues, as it is outside the scope of ASC 606, Revenues. Also excludes the effects of inter-segment revenues.Revenues recognized at a point in time are comprised of interchange fees, ATM fees, overdraft protection fees, other similar accountholder transaction-based fees, and substantially all of our cash processing revenues. Revenues recognized over time consists of new card fees, monthly maintenance fees, revenue earned from gift cards and substantially all BaaS (as defined herein) partner program management service fees.

8

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

Note 3—Revenues (continued)As presented on our consolidated balance sheets, we record deferred revenue for any upfront payments received in advance of our performance obligations being satisfied. These contract liabilities consist principally of unearned new card fees and monthly maintenance fees. We recognized approximately $0.5 million and $0.7