Q2 26 EPS
$1.12
BEAT +26.80%
Est. $0.88
Q2 26 Revenue
$656.2M
BEAT +9.85%
Est. $597.4M
vs S&P Since Q2 26
+3.3%
BEATING MARKET
GDOT +5.1% vs S&P +1.8%
Market Reaction
Did GDOT Beat Earnings? Q2 2026 Results
Green Dot delivered a standout first quarter for 2026, beating Wall Street on both the top and bottom lines as its pending split-up acquisition by Smith Ventures and CommerceOne moves closer to completion. The fintech company posted non-GAAP EPS of $… Read more Green Dot delivered a standout first quarter for 2026, beating Wall Street on both the top and bottom lines as its pending split-up acquisition by Smith Ventures and CommerceOne moves closer to completion. The fintech company posted non-GAAP EPS of $1.12, clearing the $0.88 consensus estimate by 26.80%, extending its streak of beating consensus EPS estimates to four consecutive quarters. Revenue climbed 17.4% year-over-year to $656.25 million, ahead of the $597.39 million consensus by 9.85%, while GAAP net income more than doubled to $53.75 million from $25.77 million a year ago. The primary engine behind the outperformance was a 22% surge in B2B Services revenue, fueled by a large strategic banking-as-a-service partner and broader BaaS portfolio expansion, with active BaaS accounts growing 17%. Tax processing revenue within the Money Movement segment also contributed meaningfully to the quarter's strength. With regulatory applications filed and the S-4 registration statement declared effective, Green Dot is not providing 2026 guidance, though management flagged an anticipated Stripe partnership launch as a catalyst for re-accelerating money processing growth.
Key Takeaways
- • Strong growth from a large strategic BaaS partner driving B2B segment revenue
- • Successful launch of a new large franchise partner in tax processing
- • Strong start to the 2026 tax season with expanded taxpayer advance programs
- • Disciplined expense management contributing to bottom-line results
- • Improved interest income spread from 2025 rate cuts and securities portfolio repositioning into floating-rate instruments
- • Revenue per active account growth of 8% in Consumer Services despite declining actives
GDOT Forward Guidance & Outlook
Green Dot will not provide 2026 financial guidance due to the pending acquisition by Smith Ventures and CommerceOne. However, the company noted a strong pipeline of prospective partners presenting substantial growth opportunities, expects continued revenue and deposit growth from BaaS partner launches, and believes improved user experience and more consistent marketing can position the Consumer Services direct channel to return to growth. The company also expects upcoming partner launches including Stripe to support re-acceleration in money processing transaction growth.
GDOT YoY Financials
Q2 2026 vs Q2 2025, source: SEC Filings
GDOT Revenue by Segment
With YoY comparisons, source: SEC Filings
“Our results reflect our hard work to strengthen our platform and pipeline, accelerate momentum in our embedded finance division, and optimize our balance sheet. These efforts help ensure the company has a strong foundation and ample growth opportunity going forward, as well as in its next chapter with Smith Ventures and CommerceOne.”
— William Jacobs, Q2 2026 Earnings Press Release
GDOT Earnings Trends
GDOT vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
GDOT EPS Trend
Earnings per share: estimate vs actual
GDOT Revenue Trend
Quarterly revenue: estimate vs actual
GDOT Quarterly Results
7 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q2 26 BEAT | $0.88 | $1.12 | +26.80% | $656.2M | +9.85% |
| Q1 26 BEAT | $0.88 | $1.12 | +26.80% | $656.2M | +9.85% |
| Q4 25 BEAT FY | $-0.10 | $-0.08 | +20.00% | $522.6M | +2.86% |
| FY Full Year | — | $1.41 | — | $2.08B | — |
| Q3 25 BEAT | $-0.09 | $0.06 | +166.67% | $494.8M | +2.27% |
| Q2 25 BEAT | $0.18 | $0.40 | +122.22% | $504.2M | +2.77% |
| Q1 25 BEAT | $0.71 | $1.06 | +50.01% | $558.9M | +11.07% |
| Q4 24 BEAT FY | $0.35 | $0.40 | +14.88% | $455.0M | +7.86% |
| FY Full Year | — | $1.37 | — | $1.72B | — |