Green Dot Corp Financials
This page shows Green Dot Corp (GDOT) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 17 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Cash generation has detached from GAAP earnings as thin operating margins ride on a liability-heavy balance sheet.
From FY2024 to FY2025, revenue climbed from$1.72B to$2.08B while operating income crossed back above zero, yet net income stayed deeply negative as operating cash flow strengthened. That split points to better cash conversion but weaker reported earnings quality below the operating line: the day-to-day business generated more cash even though items outside core operations pulled the final profit figure down harder.
The balance sheet remains structurally short-term funded: the FY2025 current ratio was only 0.5x even with
Profitability has become more sensitive to small cost or non-operating swings as scale rises, because FY2025 operating margin was just
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Green Dot Corp's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Green Dot Corp has an operating margin of 0.7%, meaning the company retains $1 of operating profit per $100 of revenue. This results in a moderate score of 38/100, indicating healthy but not exceptional operating efficiency. This is up from -0.1% the prior year.
Green Dot Corp's revenue surged 20.7% year-over-year to $2.1B, reflecting rapid business expansion. This strong growth earns a score of 79/100.
Green Dot Corp has elevated debt relative to equity (D/E of 5.72), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 9/100, reflecting increased financial risk.
Green Dot Corp's current ratio of 0.53 is below the typical benchmark, resulting in a score of 5/100. This tight liquidity could limit financial flexibility if cash inflows slow.
Green Dot Corp has a free cash flow margin of 3.2%, earning a moderate score of 36/100. The company generates positive cash flow after capital investments, but with room for improvement.
Green Dot Corp's ROE of -11.1% shows moderate profitability relative to equity, earning a score of 38/100. This is down from -3.1% the prior year.
Green Dot Corp scores 0.12, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($765.8M) relative to total liabilities ($5.1B). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Green Dot Corp passes 3 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 2 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), both operating efficiency signals pass.
For every $1 of reported earnings, Green Dot Corp generates $-1.40 in operating cash flow ($138.6M OCF vs -$98.9M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.
Key Financial Metrics
Earnings & Revenue
Green Dot Corp generated $2.1B in revenue in fiscal year 2025. This represents an increase of 20.7% from the prior year.
Green Dot Corp's EBITDA was $78.4M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 26.9% from the prior year.
Green Dot Corp reported -$98.9M in net income in fiscal year 2025. This represents a decrease of 270.3% from the prior year.
Cash & Balance Sheet
Green Dot Corp generated $66.0M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 830.3% from the prior year.
Green Dot Corp held $1.4B in cash against $0 in long-term debt as of fiscal year 2025.
Green Dot Corp had 56M shares outstanding in fiscal year 2025. This represents an increase of 2.5% from the prior year.
Margins & Returns
Green Dot Corp's operating margin was 0.7% in fiscal year 2025, reflecting core business profitability. This is up 0.8 percentage points from the prior year.
Green Dot Corp's net profit margin was -4.8% in fiscal year 2025, showing the share of revenue converted to profit. This is down 3.2 percentage points from the prior year.
Green Dot Corp's ROE was -11.1% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 8.1 percentage points from the prior year.
Capital Allocation
Green Dot Corp invested $72.5M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 2.4% from the prior year.
GDOT Income Statement
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $656.2M+25.6% | $522.6M+5.6% | $494.8M-1.9% | $504.2M-9.8% | $558.9M+22.8% | $455.0M+11.1% | $409.7M+0.6% | $407.1M |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $59.8M-1.9% | $60.9M-4.0% | $63.4M-0.7% | $63.8M-3.6% | $66.2M+8.4% | $61.1M-1.2% | $61.8M+0.7% | $61.3M |
| Operating Income | $69.0M+349.6% | -$27.7M+15.8% | -$32.8M-345.0% | $13.4M-77.9% | $60.7M+322.5% | $14.4M+590.3% | -$2.9M+87.6% | -$23.7M |
| Interest Expense | $1.4M | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Income Tax | $13.9M-4.5% | $14.5M+394.8% | -$4.9M+69.0% | -$15.9M-301.7% | $7.9M+186.2% | $2.8M+836.4% | -$374K+50.4% | -$754K |
| Net Income | $53.8M+214.8% | -$46.8M-52.1% | -$30.8M+34.5% | -$47.0M-282.5% | $25.8M+405.1% | $5.1M+165.1% | -$7.8M+72.7% | -$28.7M |
| EPS (Diluted) | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
GDOT Balance Sheet
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $6.7B+11.1% | $6.0B+3.8% | $5.8B+3.3% | $5.6B-2.5% | $5.7B+5.4% | $5.4B+2.8% | $5.3B-4.2% | $5.5B |
| Current Assets | $2.8B+7.2% | $2.6B+2.8% | $2.6B-18.6% | $3.2B+14.9% | $2.7B+13.1% | $2.4B+9.4% | $2.2B-8.5% | $2.4B |
| Cash & Equivalents | $1.6B+15.8% | $1.4B-13.2% | $1.6B-29.2% | $2.3B+30.4% | $1.8B+11.3% | $1.6B+9.6% | $1.5B+10.4% | $1.3B |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | $196.3M-0.5% | $197.2M+35.3% | $145.8M+41.5% | $103.1M-19.9% | $128.6M-2.5% | $132.0M+56.0% | $84.6M+11.5% | $75.9M |
| Goodwill | N/A | $301.8M | N/A | N/A | N/A | $301.8M | N/A | N/A |
| Total Liabilities | $5.7B+12.1% | $5.1B+5.0% | $4.9B+4.1% | $4.7B-2.5% | $4.8B+4.8% | $4.6B+4.8% | $4.4B-6.3% | $4.6B |
| Current Liabilities | $5.6B+12.2% | $5.0B+5.0% | $4.8B+4.3% | $4.6B-2.5% | $4.7B+4.6% | $4.5B+4.6% | $4.3B-7.3% | $4.6B |
| Long-Term Debt | $63.6M | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $940.5M+5.6% | $890.2M-2.5% | $913.3M-0.8% | $920.9M-2.8% | $947.7M+8.5% | $873.6M-6.3% | $932.2M+7.2% | $870.0M |
| Retained Earnings | $698.5M+8.3% | $644.7M-6.8% | $691.6M-4.3% | $722.4M-6.1% | $769.4M+3.5% | $743.6M+0.7% | $738.5M-1.1% | $746.3M |
GDOT Cash Flow Statement
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $95.1M+252.2% | -$62.5M-367.8% | $23.3M-66.2% | $69.0M-36.6% | $108.7M+572.5% | -$23.0M-41.4% | -$16.3M-151.7% | $31.5M |
| Capital Expenditures | $19.0M+37.5% | $13.8M-30.0% | $19.8M+1.5% | $19.5M+0.4% | $19.4M-12.2% | $22.1M+7.0% | $20.7M+21.6% | $17.0M |
| Free Cash Flow | $76.0M+199.6% | -$76.3M-2254.5% | $3.5M-92.8% | $49.5M-44.6% | $89.3M+297.9% | -$45.1M-22.1% | -$37.0M-354.9% | $14.5M |
| Investing Cash Flow | -$566.6M-247.4% | -$163.1M+79.3% | -$789.1M-239.6% | $565.1M+990.6% | -$63.5M-1337.0% | -$4.4M-105.7% | $78.0M+534.0% | $12.3M |
| Financing Cash Flow | $696.2M+6921.8% | $9.9M-89.1% | $90.6M+195.9% | -$94.4M-169.8% | $135.2M-18.7% | $166.3M+122.8% | $74.6M-51.7% | $154.4M |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
GDOT Financial Ratios
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | 10.5%+15.8pp | -5.3%+1.3pp | -6.6%-9.3pp | 2.7%-8.2pp | 10.9%+7.7pp | 3.2%+3.9pp | -0.7%+5.1pp | -5.8% |
| Net Margin | 8.2%+17.1pp | -9.0%-2.7pp | -6.2%+3.1pp | -9.3%-13.9pp | 4.6%+3.5pp | 1.1%+3.0pp | -1.9%+5.1pp | -7.0% |
| Return on Equity | 5.7%+11.0pp | -5.3%-1.9pp | -3.4%+1.7pp | -5.1%-7.8pp | 2.7%+2.1pp | 0.6%+1.4pp | -0.8%+2.5pp | -3.3% |
| Return on Assets | 0.8%+1.6pp | -0.8%-0.2pp | -0.5%+0.3pp | -0.8%-1.3pp | 0.4%+0.4pp | 0.1%+0.2pp | -0.1%+0.4pp | -0.5% |
| Current Ratio | 0.50-0.0 | 0.53-0.0 | 0.54-0.2 | 0.69+0.1 | 0.58+0.0 | 0.54+0.0 | 0.520.0 | 0.52 |
| Debt-to-Equity | 6.07+0.3 | 5.72+0.4 | 5.31+0.3 | 5.06+0.0 | 5.04-0.2 | 5.22+0.6 | 4.67-0.7 | 5.34 |
| FCF Margin | 11.6%+26.2pp | -14.6%-15.3pp | 0.7%-9.1pp | 9.8%-6.2pp | 16.0%+25.9pp | -9.9%-0.9pp | -9.0%-12.6pp | 3.6% |
Note: The current ratio is below 1.0 (0.53), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
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Frequently Asked Questions
What is Green Dot Corp's annual revenue?
Green Dot Corp (GDOT) reported $2.1B in total revenue for fiscal year 2025. This represents a 20.7% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Green Dot Corp's revenue growing?
Green Dot Corp (GDOT) revenue grew by 20.7% year-over-year, from $1.7B to $2.1B in fiscal year 2025.
Is Green Dot Corp profitable?
No, Green Dot Corp (GDOT) reported a net income of -$98.9M in fiscal year 2025, with a net profit margin of -4.8%.
What is Green Dot Corp's EBITDA?
Green Dot Corp (GDOT) had EBITDA of $78.4M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is Green Dot Corp's operating margin?
Green Dot Corp (GDOT) had an operating margin of 0.7% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Green Dot Corp's net profit margin?
Green Dot Corp (GDOT) had a net profit margin of -4.8% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Green Dot Corp's return on equity (ROE)?
Green Dot Corp (GDOT) has a return on equity of -11.1% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Green Dot Corp's free cash flow?
Green Dot Corp (GDOT) generated $66.0M in free cash flow during fiscal year 2025. This represents a 830.3% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Green Dot Corp's operating cash flow?
Green Dot Corp (GDOT) generated $138.6M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Green Dot Corp's total assets?
Green Dot Corp (GDOT) had $6.0B in total assets as of fiscal year 2025, including both current and long-term assets.
What are Green Dot Corp's capital expenditures?
Green Dot Corp (GDOT) invested $72.5M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Green Dot Corp's current ratio?
Green Dot Corp (GDOT) had a current ratio of 0.53 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
What is Green Dot Corp's debt-to-equity ratio?
Green Dot Corp (GDOT) had a debt-to-equity ratio of 5.72 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Green Dot Corp's return on assets (ROA)?
Green Dot Corp (GDOT) had a return on assets of -1.7% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Green Dot Corp's Altman Z-Score?
Green Dot Corp (GDOT) has an Altman Z-Score of 0.12, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Green Dot Corp's Piotroski F-Score?
Green Dot Corp (GDOT) has a Piotroski F-Score of 3 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Green Dot Corp's earnings high quality?
Green Dot Corp (GDOT) has an earnings quality ratio of -1.40x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Green Dot Corp?
Green Dot Corp (GDOT) scores 34 out of 100 on our Financial Health Score, indicating weak standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.