---
schema_version: "secwatch.filing_event.v1"
accession: "0001386278-26-000033"
form_type: "8-K"
ticker: "GDOT"
cik: "0001386278"
company_name: "GREEN DOT CORP"
filed_at: "2026-05-11T20:19:23+00:00"
generated_at: "2026-05-11T21:56:33.667695+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001386278-26-000033
- form_type: 8-K
- ticker: GDOT
- cik: 0001386278
- company_name: GREEN DOT CORP
- filed_at: 2026-05-11T20:19:23+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1386278/000138627826000033/0001386278-26-000033-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1386278/000138627826000033/gdot-20260511.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001386278-26-000033
- JSON: https://secwatch.observer/filing/0001386278-26-000033.json
- Plain text: https://secwatch.observer/filing/0001386278-26-000033.txt

## Key facts
- Earnings Releases
  GREEN DOT CORP reported quarter ended March 31, 2026 results: revenue $ 656,247, net income $ 53,753, EPS $ 0.93.
  - Period: quarter ended March 31, 2026
  - Revenue: $ 656,247
  - Net income: $ 53,753
  - EPS: $ 0.93
  - Result: reported results
  source text: Results Summary Three Months Ended March 31, 2026 2025 % Change (In thousands, except per share data and percentages) GAAP financial results Total operating revenues $ 656,247 $ 558,874 17% Net income $ 53,753 $ 25,773 109% Diluted earnings per common share $ 0.93 $ 0.47 98% Non-GAAP financial results 1 Non-GAAP total operating revenues 1 $ 652,032 $
  evidence_url: https://www.sec.gov/Archives/edgar/data/1386278/000138627826000033/0001386278-26-000033-index.htm

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