Green Dot Reports Third Quarter 2026 Results
Business Wire•09/11/2026•16:05 ET
0
Key Highlights
- ➤Q3 revenue $596.4 million, up 21% year over year
- ➤Q3 adjusted EBITDA $25.8 million, up 9% year over year
- ➤Year-to-date adjusted EBITDA $168.4 million, up 6% year over year
- ➤Proposed Smith Ventures and CommerceOne acquisition expected to close by Q1 2027
- ➤Green Dot will provide no 2026 financial guidance amid proposed transactions
Expert Statements
William I Jacobs, Chairman and Chief Executive Officer of Green Dot Corporation
“Green Dot delivered another strong quarter of growth and efficiency, which were bolstered by our continued efforts to improve operations, optimize our balance sheet and capitalize on increasing demand and opportunity in the embedded finance space”
William I Jacobs, Chairman and Chief Executive Officer of Green Dot Corporation
“I am proud of the team’s continued focus and commitment to our customers and partners, particularly as we prepare for our next chapter with Smith Ventures and CommerceOne.”
Jess Unruh, Chief Financial Officer of Green Dot
“Our third quarter results came in modestly ahead of our expectations, driven by moderate outperformance in several of our operating divisions and effective cost control across the company.”
Jess Unruh, Chief Financial Officer of Green Dot
“We continue making selective investments to position the company for continued growth while building on the momentum and success from prior investments in our platforms. Additionally, we continue focusing on driving efficiency across the platform, which contributed to non-volume related expenses being down modestly compared to last year.”
Company Delivers Solid Performance Driven by Revenue Growth and Cost Control in Advance of Proposed Acquisition by Smith Ventures and CommerceOne
Green Dot Corporation (NYSE: GDOT) ("Green Dot"), a financial technology and bank holding company that delivers seamless banking and payments solutions to consumers and businesses of all sizes, today reported its financial results for the quarter ended September 30, 2026.
Get started
Create a free account to read the full story.