earnings
confidence high
sentiment positive
materiality 0.75
Green Dot Q2 revenue up 24%, non-GAAP EPS up 60%; raises 2025 guidance
GREEN DOT CORP
- Q2 GAAP total operating revenues $504.2M, up 24% YoY; GAAP net loss $47.0M ($0.85 loss per share) vs. $28.7M loss a year ago.
- Non-GAAP net income $22.2M ($0.40 EPS) vs. $13.4M ($0.25 EPS), up 60% YoY; adjusted EBITDA $45.4M, up 34%.
- Raises 2025 annual guidance citing momentum in Banking-as-a-Service (BaaS), new partnerships with Samsung and Credit Sesame.
- Holding company cash ~$108M as of June 30, 2025; BaaS division seen as key growth driver.