Green Dot Q1 revenue up 17% to $656M, EPS $0.93; preparing for acquisition by Smith Ventures/CommerceOne

GREEN DOT CORP

GAAP net income $53.8M, diluted EPS $0.93 vs $0.47 YoY (109% increase).
Non-GAAP diluted EPS $1.12; Adjusted EBITDA $102.4M, margin 15.7%.
Cash at holding company $34M as of March 31, 2026.
Company states it is preparing for acquisition by Smith Ventures and CommerceOne (no deal value provided).
CEO highlights strong foundation and growth opportunity in next chapter.

item 2.02item 9.01

Source: SEC EDGAR

accession 0001386278-26-000033

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