secwatch.observer — SEC 8-K summary
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Issuer:     GREEN DOT CORP (GDOT)
CIK:        0001386278
Form:       8-K
Filed at:   2025-05-08T23:59:59+00:00
Accession:  0001386278-25-000029
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Green Dot Q1 revenue up 24% to $559M, net income soars 443%; raises 2025 outlook
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- GAAP net income of $25.8M ($0.47 diluted EPS) vs $4.8M ($0.09) a year ago; non-GAAP EPS $1.06, up 80%.
- Total operating revenues $558.9M (+24% YoY); adjusted EBITDA $90.6M, margin 16.3% vs 13.2%.
- Added new BaaS partners including Samsung and Crypto.com; renewed a major retail partnership.
- Company raises 2025 guidance; unencumbered cash at holding company ~$142M as of March 31, 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1386278/000138627825000029/0001386278-25-000029-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1386278/000138627825000029/gdot-20250508.htm
  HTML page:      https://secwatch.observer/filing/0001386278-25-000029

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