secwatch.observer — SEC 8-K summary
======================================

Issuer:     GREEN DOT CORP (GDOT)
CIK:        0001386278
Form:       8-K
Filed at:   2026-05-11T20:19:23+00:00
Accession:  0001386278-26-000033
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 17% to $656M, EPS $0.93; preparing for acquisition by Smith Ventures/CommerceOne
--------------------------------------------------------------------------------

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1386278/000138627826000033/0001386278-26-000033-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1386278/000138627826000033/gdot-20260511.htm
  HTML page:      https://secwatch.observer/filing/0001386278-26-000033

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer