---
schema_version: "secwatch.filing_event.v1"
accession: "0001386278-23-000026"
form_type: "8-K"
ticker: "GDOT"
cik: "0001386278"
company_name: "GREEN DOT CORP"
filed_at: "2023-05-04T23:59:59+00:00"
generated_at: "2026-06-15T21:23:18.729953+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Green Dot reports Q1 revenue up 4% to $416M, net income down 7%; reaffirms 2023 guidance

## Summary
- GAAP total operating revenues $416.4M, up 4% YoY; net income $36.0M, down 7%.
- GAAP diluted EPS $0.69 vs $0.70 in prior year.
- Non-GAAP adjusted EBITDA $82.5M, margin 20.0% (down from 22.9%).
- Non-GAAP diluted EPS $0.99 vs $1.06 prior year.
- CEO cites progress on platform conversions and reaffirms 2023 guidance.

## SEC filing metadata
- accession: 0001386278-23-000026
- form_type: 8-K
- ticker: GDOT
- cik: 0001386278
- company_name: GREEN DOT CORP
- filed_at: 2023-05-04T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1386278/000138627823000026/0001386278-23-000026-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1386278/000138627823000026/gdot-20230504.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001386278-23-000026
- JSON: https://secwatch.observer/filing/0001386278-23-000026.json
- Plain text: https://secwatch.observer/filing/0001386278-23-000026.txt

## Key facts
- Earnings Releases
  GREEN DOT CORP reported the quarter ended March 31, 2023 results: revenue $ 416,380, net income $ 36,012, EPS $ 0.69. Guidance reaffirmed.
  - Period: the quarter ended March 31, 2023
  - Revenue: $ 416,380
  - Net income: $ 36,012
  - EPS: $ 0.69
  - Guidance: reaffirmed
  - Result: reported results
  source text: Consolidated Results Summary Three Months Ended March 31, 2023 2022 % Change (In thousands, except per share data and percentages) GAAP financial results Total operating revenues $ 416,380 $ 400,617 4% Net income $ 36,012 $ 38,624 (7)% Diluted earnings per common share $ 0.69 $ 0.70 (1)%
  evidence_url: https://www.sec.gov/Archives/edgar/data/1386278/000138627823000026/0001386278-23-000026-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.