Companies /Financial Services

Green Dot Corp - Class A

NYSE: GDOT Credit Services
$13.37
â–² $0.01 (+0.07%) today
Markets closed · 11:23pm ET

Q2 2025 Earnings

Reported Aug 11, 2025, 4:17pm ET · SEC source
$0.40
Beat +122.22%
EPS · est. $0.18
$504.2M
Beat +2.77%
Revenue · est. $490.6M
−1.4%
Trailing market
GDOT vs S&P since report
1 quarter
Consecutive EPS misses

Market Reaction

% change · around the report
−18%−9%0+9%Aug 11Aug 12report 4:17pm ETearnings+1.2%+12.5%
−18%−9%0+9%Aug 11Aug 12earnings+1.2%+12.5%
GDOT +12.5%S&P 500 +1.2%
−18%−9%0+9%Aug 11Aug 12report 4:17pm ETearnings+1.5%+12.5%
−18%−9%0+9%Aug 11Aug 12earnings+1.5%+12.5%
GDOT +12.5%NASDAQ +1.5%
−20%0+20%Aug 11Aug 19report 4:17pm ETearnings+0.7%+14.0%
−20%0+20%Aug 11Aug 19earnings+0.7%+14.0%
GDOT +14.0%S&P 500 +0.7%
−20%0+20%Aug 11Aug 19report 4:17pm ETearnings−0.6%+14.0%
−20%0+20%Aug 11Aug 19earnings−0.6%+14.0%
GDOT +14.0%NASDAQ −0.6%
+35.25%
Day of report
+4.84%
Next session
+2.23%
One week
+0.89%
30 days

S&P 500 over the same 30 days: +2.29%.

Did GDOT Beat Earnings? Q2 2025 Results

Green Dot delivered a standout second quarter, posting non-GAAP EPS of $0.40 against a consensus estimate of $0.18, a beat of 122.22%, while revenue of $504.18 million cleared the $490.57 million estimate by 2.77% and grew 23.8% year over year. The driving force behind the quarter was the company's B2B Services segment, which generated $348.65 million in revenue, up 38% from $252.06 million a year ago, fueled by growth from existing banking-as-a-service partners and newly announced relationships with Samsung and Credit Sesame on its Arc embedded finance platform. Gross dollar volume across the platform climbed to $38.55 billion from $32.13 billion, underscoring the scale of that momentum. On a GAAP basis, Green Dot recorded a net loss of $47.02 million, wider than the prior-year loss of $28.71 million, largely due to equity method investment losses and net other expenses. Management responded to the operational strength by raising full-year adjusted EBITDA guidance to $160 million to $170 million and lifting non-GAAP EPS guidance to $1.28 to $1.42, reflecting confidence in sustained B2B-driven growth.

Key Takeaways
  • B2B Services segment revenue grew 38% YoY driven by growth from existing BaaS partners
  • Non-GAAP revenue up 24% and adjusted EBITDA up 34% driven by balance sheet optimization, growth from existing partners, and disciplined cost management
  • Net interest income nearly doubled YoY to $21.5 million from $14.7 million
  • Consolidated gross dollar volume rose 20% to $38.5 billion from $32.1 billion
  • Adjusted EBITDA margin expanded to 9.1% from 8.4%

“It was another solid quarter as we built on the momentum of the last several quarters, launched a new partnership with Samsung and announced an exciting new partnership with Credit Sesame.”

Green Dot CEO, on the earnings call

Forward Guidance & Outlook

Green Dot raised its full-year 2025 guidance. Non-GAAP total operating revenues are still expected between $2.0 billion and $2.1 billion. Adjusted EBITDA guidance was raised to $160 million–$170 million (from $150 million–$160 million). Non-GAAP EPS guidance was raised to $1.28–$1.42 (from $1.14–$1.28). The outlook reflects the current macro-economic environment, effect of inflation and interest rates, negative trends in certain business channels, investment in strategic initiatives and compliance programs, and cost reduction initiatives. Expenses associated with the strategic alternatives review process are excluded from non-GAAP measures.

GDOT YoY Financials

Q2 2025 vs Q2 2024 · SEC filings Q2 2024 Q2 2025
$0$200.0M$400.0M$407.1M$504.2MRevenue$5.2M$13.4MOperating Income$-129,759,934$-47,025,000Net Income
$0$200.0M$400.0MRevenueOperating IncomeNet Income

GDOT Revenue by Segment

B2B Services$348.7M
Money Movement Services$50.8M
Consumer Services$93.1M
Corporate and Other$8.6M

Figures from SEC filings and company reports. Not investment advice.