---
schema_version: "secwatch.filing_event.v1"
accession: "0001386278-24-000004"
form_type: "8-K"
ticker: "GDOT"
cik: "0001386278"
company_name: "GREEN DOT CORP"
filed_at: "2024-02-27T23:59:59+00:00"
generated_at: "2026-06-05T11:17:41.945051+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Green Dot Q4 net loss $23.6M; Fed consent order accrual $20M; revenue up 7%

## Summary
- Q4 total operating revenues $366.0M, up 7% YoY; net loss $23.6M vs net income $5.9M in Q4 2022.
- Adjusted EBITDA $25.7M, down 27% YoY; adjusted EBITDA margin 7.1% versus 10.5%.
- Accrued $20M liability for proposed Federal Reserve consent order; total reasonably possible loss up to $50M.
- Non-GAAP diluted EPS $0.14, down 59% YoY; full-year non-GAAP diluted EPS $1.62.
- Company expects improving revenue and adjusted EBITDA growth through 2024; pipeline of new partners cited.

## SEC filing metadata
- accession: 0001386278-24-000004
- form_type: 8-K
- ticker: GDOT
- cik: 0001386278
- company_name: GREEN DOT CORP
- filed_at: 2024-02-27T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1386278/000138627824000004/0001386278-24-000004-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1386278/000138627824000004/gdot-20240227.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001386278-24-000004
- JSON: https://secwatch.observer/filing/0001386278-24-000004.json
- Plain text: https://secwatch.observer/filing/0001386278-24-000004.txt

## Key facts
- Earnings Releases
  GREEN DOT CORP reported the year ended December 31, 2023 results: revenue $1,501,328, net income $6,722, EPS $0.13 per common share. Guidance initiated.
  - Period: the year ended December 31, 2023
  - Revenue: $1,501,328
  - Net income: $6,722
  - EPS: $0.13 per common share
  - Guidance: initiated
  - Result: reported results
  source text: December 31, 2023 2022 % Change 2023 2022 % Change (In thousands, except per share data and percentages) GAAP financial results Total operating revenues $ 366,043 $ 342,432 7% $ 1,501,328 $ 1,449,566 4% Net (loss) income $ (23,603) $ 5,884 * $ 6,722 $ 64,212 (90)% Diluted (loss) earnings per common share $ (0.45) $ 0.11 * $ 0.13 $ 1.19 (89)% Non-GAAP financial
  evidence_url: https://www.sec.gov/Archives/edgar/data/1386278/000138627824000004/0001386278-24-000004-index.htm
- Earnings Releases
  GREEN DOT CORP reported the quarter ended December 31, 2023 results: revenue $366,043, net income $(23,603), EPS $(0.45) per common share.
  - Period: the quarter ended December 31, 2023
  - Revenue: $366,043
  - Net income: $(23,603)
  - EPS: $(0.45) per common share
  - Result: reported results
  source text: December 31, Year Ended December 31, 2023 2022 % Change 2023 2022 % Change (In thousands, except per share data and percentages) GAAP financial results Total operating revenues $ 366,043 $ 342,432 7% $ 1,501,328 $ 1,449,566 4% Net (loss) income $ (23,603) $ 5,884 * $ 6,722 $ 64,212 (90)% Diluted (loss) earnings per common share $ (0.45) $ 0.11 * $ 0.13 $ 1.19
  evidence_url: https://www.sec.gov/Archives/edgar/data/1386278/000138627824000004/0001386278-24-000004-index.htm

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