Filing Flows › Green DOT (GDOT) › Q2 2025
Green DOT (GDOT) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 11, 2025
Green DOT (GDOT) reported revenue of $504M for the second quarter 2025 (Q2 2025), +24% from a year earlier and -10% from the quarter before. Operating margin was 2.7%, net loss $47.0M (9.3% of revenue).
Green DOT, Q2 2025: revenue $504M (+24% year over year), operating margin 2.7%, net loss $47.0M, operating cash flow $69.0M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $504M | -10% | +24% |
| Operating profit | $13.4M | -78% | — |
| Net earnings | −$47.0M | -282% | — |
| Operating cash flow | $69.0M | -37% | +119% |
| Free cash flow | $49.5M | -45% | +241% |
What changed
Revenue was $504.2M in Q2 2025, up 24% year over year and down 10% from the previous quarter. Card revenues and other fees was the largest line at 76% of revenue. Card revenues and other fees added $95.1M year over year (up 33%), 98% of the total change. Interchange revenues declined 5%.
Operating profit was $13.4M, a 2.7% margin (up 8.5 points year over year). Total costs grew 14% against revenue growth of 24%. The fastest-growing cost line was Other operating costs (+17%). The quarter ended with a net loss of $47.0M, after a profit of $25.8M the previous quarter. Net interest and other expense of $76.3M was the main reason.
Operating cash flow was $69.0M (up 119% year over year). Non-cash charges added back $16.1M of depreciation and amortization and $5.7M of share-based compensation. Working capital and other items added $94.2M. Capital expenditures of $19.5M left free cash flow of $49.5M.
Questions
What was Green DOT's revenue in the second quarter 2025?
Green DOT (GDOT) reported revenue of $504M for the second quarter 2025 (Q2 2025), +24% from a year earlier and -10% from the quarter before.
Was Green DOT profitable in the second quarter 2025?
Operating profit was $13.4M (2.7% of revenue) and net loss $47.0M.
Source: Green DOT 10-Q on SEC EDGAR.