Green Dot — Third Quarter 2026 Earnings Summary

Green Dot Corporation reported third-quarter 2026 consolidated operating revenues of $601.1 million, representing a 21% increase from the prior year period. The company achieved an adjusted EBITDA of $25.8 million for the quarter, up 9% year-over-year, driven by growth in its B2B services and tax processing segments. Despite a GAAP net loss of $7.4 million for the quarter, the company generated non-GAAP net income of $3.1 million and maintained a strong balance sheet with approximately $38 million in cash at the holding company. These results were delivered as the company prepares for a proposed acquisition by affiliates of Smith Ventures and CommerceOne, which is expected to close in the first quarter of 2027.