Green Dot Corporation filed its Form 10-Q for the quarterly period ended June 30, 2026 with the U.S. Securities and Exchange Commission on August 10, 2026, reporting a net loss of $2.087 million for the second quarter and net income of $51.666 million for the first half of the year.

Key Highlights

  • Q2 Net Loss: Green Dot reported a net loss of $2.087 million for the three months ended June 30, 2026, compared to a net loss of $47.025 million in the same period of 2025.
  • Six-Month Net Income: For the six months ended June 30, 2026, the company reported net income of $51.666 million, compared to a net loss of $21.252 million for the same period in 2025.
  • Total Operating Revenues: Second-quarter total operating revenues were $595.883 million, up from $504.176 million in Q2 2025; six-month revenues reached $1.252 billion versus $1.063 billion a year earlier.
  • Processing Expenses: Processing expenses for Q2 2026 were $394.692 million, compared to $293.213 million in Q2 2025, representing the largest single operating expense category.
  • Total Assets: Total assets stood at $6.192 billion as of June 30, 2026, up from $5.985 billion at December 31, 2025.
  • Deposits: Customer deposits totaled $4.640 billion as of June 30, 2026, compared to $4.416 billion at December 31, 2025.
  • Shares Outstanding: There were 56,985,179 shares of Class A common stock outstanding as of July 31, 2026.

Green Dot's Q2 2026 Revenue Growth and Expense Pressures

According to the filing, Green Dot Corporation (New York Stock Exchange: GDOT) posted total operating revenues of $595.883 million for the three months ended June 30, 2026, an increase from $504.176 million reported for the same quarter in 2025. Card revenues and other fees were the largest revenue component at $476.904 million for the quarter, compared to $381.224 million in Q2 2025. Cash processing revenues were $53.303 million and interchange revenues were $44.186 million for the same period, the company disclosed.

Total operating expenses for Q2 2026 were $596.644 million, exceeding revenues and resulting in an operating loss of $761 thousand for the quarter, compared to operating income of $13.399 million in Q2 2025. The company reported that processing expenses rose to $394.692 million in Q2 2026 from $293.213 million in Q2 2025. For the six-month period, total operating revenues reached $1.252 billion against $988.906 million in total operating expenses, yielding operating income of $68.277 million, according to the filing.

On the balance sheet, the company reported unrestricted cash and cash equivalents of $1.143 billion as of June 30, 2026, down from $1.422 billion at December 31, 2025. Investment securities available-for-sale were reported at fair value of $3.033 billion, up from $2.468 billion at year-end 2025. Total stockholders' equity was $939.401 million as of June 30, 2026, compared to $890.245 million at December 31, 2025. The company also disclosed restructuring and other charges of $96 thousand in Q2 2026 and $178 thousand for the six-month period, with no comparable charges in the prior-year periods.

What Was Disclosed

Green Dot's 10-Q for the period ended June 30, 2026 disclosed quarterly and year-to-date income statement results, balance sheet positions including deposits and total assets, and equity changes, with the company reporting improved year-over-year results for the six-month period.