Earnings ·
Green Dot Corporation reported financial results for the quarter ended June 30, 2026
GDOTGreen Dot Corp
Green Dot Corporation reported financial results for the quarter ended June 30, 2026. Total operating revenues increased 18% to $595.9 million, while GAAP net loss narrowed significantly to $2.1 million from a $47.0 million loss in the prior year period. Adjusted EBITDA decreased 12% to $40.2 million due to timing shifts in tax revenue and headwinds in Consumer Services, though year-to-date adjusted EBITDA rose 5%. The company confirmed its ongoing acquisition by Smith Ventures and CommerceOne Financial Corporation, which remains subject to regulatory approvals. Consequently, Green Dot will not host an earnings conference call or provide 2026 financial guidance. Green Dot is a financial technology platform and bank holding company that delivers banking and payments solutions to consumers and businesses.