The pending acquisition by Smith Ventures and CommerceOne caps the stock's upside near the deal price, making the mixed operational results less relevant for common equity holders. Monitor for regulatory approval updates and any changes to the deal timeline or terms, as these are the primary catalysts for the stock.
Price Chart
Executive Summary
Green Dot reported Q2 2026 results with GAAP revenue of $595.9M (+18% YoY) but a GAAP net loss of -$2.1M vs a -$47.0M loss in the prior year, driven by a GAAP diluted EPS of -$0.04. Non-GAAP diluted EPS was $0.26, down 35% YoY, and adjusted EBITDA fell 12% to $40.2M. The company is in the process of being acquired by Smith Ventures and CommerceOne, has received shareholder approvals, and is not providing guidance or hosting a conference call. The mixed results reflect strong top-line growth offset by declining profitability and ongoing consumer segment headwinds, all against the backdrop of a pending privatization deal that caps the stock's upside.
Key Financial Metrics
Key Facts
- GAAP total operating revenues of $595.9M for Q2 2026, up 18% YoY from $504.2M.
- GAAP net loss of -$2.1M for Q2 2026, compared to a net loss of -$47.0M in Q2 2025.
- GAAP diluted EPS of -$0.04 for Q2 2026, compared to -$0.85 in Q2 2025.
- Non-GAAP diluted EPS of $0.26 for Q2 2026, down 35% from $0.40 in Q2 2025.
- Adjusted EBITDA of $40.2M for Q2 2026, down 12% from $45.4M in Q2 2025.
- B2B Services segment revenue grew to $448.4M, up from $348.7M in Q2 2025.
- Consumer Services segment revenue declined to $84.8M from $93.1M in Q2 2025.
- The proposed acquisition by Smith Ventures and CommerceOne has received required shareholder approvals and is pending regulatory approvals.
- Cash at the holding company was approximately $56 million as of June 30, 2026.
- The company is not providing 2026 financial guidance due to the pending transactions.
Financial Impact
Revenue grew 18% YoY to $595.9M, but adjusted EBITDA declined 12% to $40.2M and non-GAAP EPS fell 35% to $0.26.
Risk Factors
- Failure to obtain required regulatory approvals for the pending acquisition could cause the deal to collapse, leading to a significant stock price decline.
- Continued headwinds in the Consumer Services segment and declining profitability (adjusted EBITDA down 12%) could pressure the standalone business if the deal falls through.
- The company is not providing guidance, creating uncertainty about future operational performance.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001386278-26-000042 |
| Document: gdot-20260810.htm | 0001386278-26-000042 |
| Document: 0001386278-26-000042-index-headers.html | 0001386278-26-000042 |
| Document: 0001386278-26-000042-index.html | 0001386278-26-000042 |
| Document: 0001386278-26-000042.txt | 0001386278-26-000042 |
| 8-K Data (Synthetic) | 0001386278-26-000042 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 10, 2026 7w ago | 8-K | $13.41 $13.01 | ▼ −2.98% | ▼ −1.92% | $12.50 (−6.79%) |
Jun 24, 2026 14w ago | 8-K | $13.54 $13.29 | ▼ −1.85% | ▼ −3.78% | $12.50 (−7.68%) |
Jun 16, 2026 15w ago | 8-K | $12.95 $13.33 | ▲ +2.93% | ▲ +2.73% | $12.50 (−3.47%) |
May 8, 2026 21w ago | DEFM14A | $12.42 $12.75 | ▲ +2.66% | ▲ +2.96% | $12.50 (+0.64%) |
Apr 30, 2026 22w ago | 10-K/A | $12.62 $12.77 | ▲ +1.19% | ▼ −4.08% | $12.50 (−0.95%) |
Apr 7, 2026 25w ago | 8-K | $11.47 $12.49 | ▲ +8.89% | ▲ +0.35% | $12.50 (+8.98%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access