Green Dot Q2 revenue rises 18% to $595.9 million; net loss narrows to $2.1 million
Green Dot reported second-quarter 2026 results with total operating revenues up 18% year over year, while its GAAP net loss narrowed to $2.1 million from $47.0 million. Adjusted EBITDA fell 12% and non-GAAP diluted EPS fell 35%, and the company gave no 2026 guidance and held no earnings call because of its pending sale to Smith Ventures and CommerceOne.
Key points
- Total operating revenues were $595.9 million, up from $504.2 million in the prior-year quarter.
- GAAP diluted loss per share was $0.04, compared with a loss of $0.85 a year earlier.
- Adjusted EBITDA was $40.2 million, down 12% from $45.4 million; non-GAAP diluted EPS was $0.26, down from $0.40.
- No 2026 financial guidance was provided; the parties have received shareholder approvals and early termination under the Hart-Scott-Rodino Act, and regulatory applications are filed.
The filing
Written by AI on Nov 9, 2026, 10:08 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 10, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.