Filing Flows › Green DOT (GDOT) › Q2 2026
Green DOT (GDOT) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 10, 2026
Green DOT (GDOT) reported revenue of $596M for the second quarter 2026 (Q2 2026), +18% from a year earlier and -9% from the quarter before. Operating margin was -0.1%, net loss $2.1M (0.4% of revenue).
Green DOT, Q2 2026: revenue $596M (+18% year over year), operating margin -0.1%, net loss $2.1M, operating cash flow $99.6M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $596M | -9% | +18% |
| Operating profit | −$761K | -101% | -106% |
| Net earnings | −$2.1M | -104% | — |
| Operating cash flow | $99.6M | +5% | +44% |
| Free cash flow | $79.8M | +5% | +61% |
What changed
Revenue was $595.9M in Q2 2026, up 18% year over year and down 9% from the previous quarter. Card revenues and other fees was the largest line at 80% of revenue. Card revenues and other fees added $95.7M year over year (up 25%), 104% of the total change. Interchange revenues declined 6%.
Operating costs exceeded revenue by $761K, an operating margin of -0.1%. Total costs grew 22% against revenue growth of 18%. The fastest-growing cost line was Other operating costs (+24%). The quarter ended with a net loss of $2.1M, after a profit of $53.8M the previous quarter. Net interest and other expense of $1.6M was the main reason.
Operating cash flow was $99.6M (up 44% year over year). Non-cash charges added back $18.7M of depreciation and amortization and $3.3M of share-based compensation. Working capital and other items added $79.7M. Capital expenditures of $19.8M left free cash flow of $79.8M.
Questions
What was Green DOT's revenue in the second quarter 2026?
Green DOT (GDOT) reported revenue of $596M for the second quarter 2026 (Q2 2026), +18% from a year earlier and -9% from the quarter before.
Was Green DOT profitable in the second quarter 2026?
Operating loss was $761K (-0.1% of revenue) and net loss $2.1M.
Source: Green DOT 10-Q on SEC EDGAR.