olivLaw · US equity research
Green Dot Corporation GDOT
Finance Services · SIC 6199 · Vertical: Finance Services (SIC 6199)
Green Dot is a financial technology platform and registered bank holding company offering digital bank accounts, prepaid cards and money processing services to consumers and businesses. The company is in the middle of transactions that would split its operations between CommerceOne and Smith Ventures, so its outlook depends on regulatory approvals. Total operating revenues grew 20.7% in fiscal 2025.
At the close of 04 Nov 2026, Green Dot Corporation (GDOT) stock was 12.76 USD (+2.49% on the day), with market capitalisation 727.1 m USD, P/E 12.6 on diluted EPS of 1.01 USD over the last 12 months, beta 1.16, 52-week range 10.53–13.58 USD. Latest reported quarter (Q2 2026): revenue of 595.9 m USD (+18.2% YoY), net income of -2.1 m USD.
Data as of · AI analysis dated · Source: SEC filings and closing prices, computed by olivLaw.
Price history
Loading chart…
Technical reading
- RSI (14)
- 60.1
- strong (55–70)
- Bollinger (20, 2)
- 11.99 – 12.70
- above the upper band · %B 1.08 · band width 5.8%
- SMA 50 / 200
- 12.71 / 12.52
- uptrend (price > SMA50 > SMA200)
- MACD (12, 26, 9)
- -0.06 / -0.13
- MACD above signal
Indicators describe past prices; on their own they do not predict direction. On our history the RSI ≤ 40 filter added no return (see the signals methodology).
Performance
| Company | S&P 500 | vs S&P 500 | Vertical median | |
|---|---|---|---|---|
| 1 month | +1.9% | −2.0% | +3.9 pp | — |
| 3 months | −5.3% | −2.2% | −3.2 pp | — |
| 6 months | +1.6% | +4.3% | −2.7 pp | — |
| Year to date | −0.4% | +10.6% | −11.0 pp | — |
| 1 year | +9.5% | +10.5% | −0.9 pp | −48.5% |
| 3 years | +4.6% | +73.7% | −69.1 pp | −74.4% |
| 5 years | −71.0% | +61.7% | −132.8 pp | — |
Price returns, dividends excluded.
Quarterly results
Latest quarter: Q2 2026 · 30 Jun 2026
Quarterly margins
Quarterly statements · USD
| Fiscal year | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 409.7 m | 455.0 m | 558.9 m | 504.2 m | 494.8 m | 522.6 m | 656.2 m | 595.9 m |
| Operating income | -2.9 m | 14.4 m | 60.7 m | 13.4 m | -32.8 m | -27.7 m | 69.0 m | -761.0 k |
| Depreciation & amortisation | 15.5 m ≈ | 15.7 m | 15.2 m | 16.1 m ≈ | 16.3 m ≈ | 17.2 m | 18.1 m | 18.7 m ≈ |
| Income tax | -374.0 k | 2.8 m | 7.9 m | -15.9 m | -4.9 m | 14.5 m | 13.9 m | -268.0 k |
| Net income | -7.8 m | 5.1 m | 25.8 m | -47.0 m | -30.8 m | -46.8 m | 53.8 m | -2.1 m |
| Operating cash flow | -16.3 m ≈ | -23.0 m | 108.7 m | 69.0 m ≈ | 23.3 m ≈ | -62.5 m | 95.1 m | 99.6 m ≈ |
| Capex | 20.7 m ≈ | 22.1 m | 19.4 m | 19.5 m ≈ | 19.8 m ≈ | 13.8 m | 19.0 m | 19.8 m ≈ |
≈ derived quarter (cumulative difference / share-days average)
E/P over time
E/P = trailing-12-month diluted EPS / price at quarter end. E/P is the inverse of P/E and stays defined when earnings are negative.
Fiscal years
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1.1 bn | 1.1 bn | 1.3 bn | 1.4 bn | 1.4 bn | 1.5 bn | 1.7 bn | 2.1 bn |
| Revenue YoY | +18.2% | +4.0% | +13.1% | +14.3% | +1.1% | +3.6% | +14.8% | +20.7% |
| Net income | 118.7 m | 99.9 m | 23.1 m | 47.5 m | 64.2 m | 6.7 m | -26.7 m | -98.9 m |
| Net income YoY | +38.2% | −15.8% | −76.8% | +105.3% | +35.2% | −89.5% | −497.2% | unavailable |
| Diluted EPS | unavailable | unavailable | unavailable | unavailable | unavailable | unavailable | unavailable | unavailable |
| Diluted EPS YoY | unavailable | unavailable | unavailable | unavailable | unavailable | unavailable | unavailable | unavailable |
| net % | 11.1% | 9.0% | 1.8% | 3.3% | 4.4% | 0.4% | -1.5% | -4.8% |
| Free cash flow | 190.0 m | 111.7 m | 150.1 m | 109.6 m | 193.4 m | 21.6 m | 7.1 m | 66.0 m |
Reported results vs expectations
Loading…
Balance sheet & financial health
Fiscal year 2025 · 31 Dec 2025
- Cash
- 1.4 bn USD
- Financial debt
- unavailable USD
- Net debt
- unavailable USD
- Equity
- 890.2 m USD
- Total assets
- 6.0 bn USD
- Debt / equity
- unavailable
- Current ratio
- 0.52x
- ROE
- -11.2%
- ROA
- -1.7%
- FCF margin
- 3.2%
Financial statements (source on every figure)
Revenue and net income (USD)
Margins
Income statement · USD
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Revenue | 1.3 bn | 1.4 bn | 1.4 bn | 1.5 bn | 1.7 bn | 2.1 bn | SEC (XBRL)· 16 Mar 2026verified |
| Operating income | 30.1 m | 66.5 m | 94.4 m | 22.7 m | -1.7 m | 13.7 m | SEC (XBRL)· 16 Mar 2026verified |
| Depreciation & amortisation | 58.0 m | 57.0 m | 57.1 m | 58.7 m | 63.4 m | 64.7 m | SEC (XBRL)· 16 Mar 2026verified |
| EBITDA | 88.1 m ≈ | 123.5 m ≈ | 151.5 m ≈ | 81.4 m ≈ | 61.8 m ≈ | 78.4 m ≈ | SEC (XBRL)· 16 Mar 2026derived |
| Pre-tax income | — | — | — | 14.6 m | -22.5 m | -97.3 m | SEC (XBRL)· 16 Mar 2026verified |
| Income tax | 5.0 m | 16.2 m | 19.7 m | 7.9 m | 4.2 m | 1.6 m | SEC (XBRL)· 16 Mar 2026verified |
| Net income | 23.1 m | 47.5 m | 64.2 m | 6.7 m | -26.7 m | -98.9 m | SEC (XBRL)· 16 Mar 2026verified |
| Weighted average diluted shares | 53.7 m | 55.2 m | 53.9 m | 52.5 m | 53.5 m | 55.1 m | SEC (XBRL)· 16 Mar 2026verified |
≈ computed by olivLaw from the reported lines of the same year: Operating income + Depreciation & amortisation.
Balance sheet · USD
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Cash | 1.5 bn | 1.3 bn | 813.9 m | 682.3 m | 1.6 bn | 1.4 bn | SEC (XBRL)· 16 Mar 2026verified |
| Receivables | 67.8 m | 80.4 m | 74.4 m | 110.1 m | 132.0 m | 197.2 m | SEC (XBRL)· 16 Mar 2026verified |
| Current assets | 2.4 bn | 1.8 bn | 1.5 bn | 1.6 bn | 2.4 bn | 2.6 bn | SEC (XBRL)· 16 Mar 2026verified |
| Property, plant & equipment, net | 133.4 m | 135.3 m | 160.2 m | 179.4 m | 188.4 m | 198.4 m | SEC (XBRL)· 16 Mar 2026verified |
| Goodwill | 301.8 m | 301.8 m | 301.8 m | 301.8 m | 301.8 m | 301.8 m | SEC (XBRL)· 16 Mar 2026verified |
| Intangibles (excl. goodwill) | 190.0 m | 165.2 m | 143.3 m | 118.7 m | 96.2 m | 72.6 m | SEC (XBRL)· 16 Mar 2026verified |
| Total assets | 4.1 bn | 4.7 bn | 4.8 bn | 4.8 bn | 5.4 bn | 6.0 bn | SEC (XBRL)· 16 Mar 2026verified |
| Accounts payable | 34.8 m | 51.4 m | 113.9 m | 119.9 m | 103.8 m | 114.7 m | SEC (XBRL)· 16 Mar 2026verified |
| Current liabilities | 3.1 bn | 3.6 bn | 4.0 bn | 4.0 bn | 4.5 bn | 5.0 bn | SEC (XBRL)· 16 Mar 2026verified |
| Total liabilities | 3.1 bn | 3.7 bn | 4.0 bn | 4.0 bn | 4.6 bn | 5.1 bn | SEC (XBRL)· 16 Mar 2026verified |
| Equity | 1.0 bn † | 1.1 bn † | 781.5 m † | 859.4 m † | 873.6 m † | 890.2 m † | SEC (XBRL)· 16 Mar 2026verified |
† equity attributable to the parent's shareholders: in these years the issuer no longer reports the total including non-controlling interests.
Cash flow · USD
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Operating cash flow | 209.2 m | 167.0 m | 277.7 m | 97.5 m | 81.4 m | 138.6 m | SEC (XBRL)· 16 Mar 2026verified |
| Capex | 59.0 m | 57.4 m | 84.3 m | 75.9 m | 74.3 m | 72.5 m | SEC (XBRL)· 16 Mar 2026verified |
| Free cash flow | 150.1 m ≈ | 109.6 m ≈ | 193.4 m ≈ | 21.6 m ≈ | 7.1 m ≈ | 66.0 m ≈ | SEC (XBRL)· 16 Mar 2026derived |
| Investing cash flow | -785.8 m | -1.4 bn | -820.2 m | 33.2 m | 81.4 m | -450.5 m | SEC (XBRL)· 16 Mar 2026verified |
| Financing cash flow | 1.0 bn | 1.0 bn | 36.7 m | -264.0 m | 743.1 m | 141.3 m | SEC (XBRL)· 16 Mar 2026verified |
| Share repurchases | 0 | 0 | 95.5 m | 0 | 0 | — | SEC (XBRL)· 04 Mar 2025verified |
≈ computed by olivLaw from the reported lines of the same year: Operating cash flow − Capex.
Computed indicators
Growth
Profitability
Returns
Balance sheet
Liquidity
Cash
Efficiency
Market and valuation
1 indicators that do not apply to the sector.
Valuation
olivLaw classification
- indicators available: 4 of at least 6
- score weight coverage: 27.1% of at least 60%
- valuation methods computed: 0 of at least 1
A scoring methodology on indicators and valuation, not investment advice.
Closing price
04 Nov 2026Source: olivLaw, closing series
Market cap: 727.1 m USD
Key indicators
Coverage and freshness
Score by group
27% · Insufficient data
Estimated value range
unavailable — no valuation method could be computed
Valuation assumptions are editorial choices, not measured; beta is not measured.
Valuation methods
- DCF (discounted cash flow)unavailable · input data missing
- Peers: EV/EBITDAunavailable · net debt missing: EV cannot be bridged to equity (missing debt is not zero)
- Peers: P/Eunavailable · the base of the ratio is not positive
- Dividend discount (DDM)unavailable · the company pays no dividend: a dividend model needs an explicit initiation assumption
no valuation method could be computed
Classification (SIC) comparables group by industry code, not by economic activity; the direct group is an editorial selection by activity. Members' multiples are on their own trailing twelve months, at their own latest close.
Assumptions (illustrative, editorial)
- Risk-free rate
- 4.3%
- Equity risk premium
- 5.0%
- Beta (default)
- 1.00
- Cost of equity
- 9.3%
- Terminal growth
- 2.5%
Factor scorecard
Insufficient data
Minimum-evidence gate: indicators available: 4 of at least 6; score weight coverage: 27.1% of at least 60%; valuation methods computed: 0 of at least 1
| Factor | Value | Score | Weight used |
|---|---|---|---|
| ROIC · Quality | unavailable | unavailable | — |
| Net margin · Quality | -1.1% | 72 (vs peers) | 23% |
| FCF conversion · Quality | unavailable | unavailable | — |
| Revenue CAGR 3Y · Growth | 12.8% | 100 (on a fixed band) | 31% |
| EPS CAGR 3Y · Growth | unavailable | unavailable | — |
| Net debt / EBITDA · Balance sheet | unavailable | unavailable | — |
| Interest coverage · Balance sheet | unavailable | unavailable | — |
| Current ratio · Balance sheet | 0.4x | 0 (on a fixed band) | 15% |
| P/E (TTM) · Valuation | unavailable | unavailable | — |
| EV/EBITDA · Valuation | unavailable | unavailable | — |
| FCF yield · Valuation | 11.4% | 100 (on a fixed band) | 31% |
| Shareholder yield (distributions) · Returns | unavailable | unavailable | — |
| Payout ratio (FCF) · Returns | unavailable | unavailable | — |
Factors without a value were dropped; the remaining weights were renormalised.
Score groups
- Balance sheet· partial0/100 · 1/3 factors with a value
- Growth· partial100/100 · 1/2 factors with a value
- Quality· partial72/100 · 1/3 factors with a value
- Returns· partialunavailable · 0/2 factors with a value
- Valuation· partial100/100 · 1/3 factors with a value
A «partial» group is computed from under half of its weight or from one factor: it is not a full assessment of the group.
Memo
GREEN DOT CORP (GDOT). Latest full fiscal year: 2025; data up to 2026-06-30.
Figures computed from the financial statements: revenue 2.1 bn USD in 2025; YoY growth 20.7%; net margin -1.1%; ROE -2.8%.
Valuation cannot be computed from the available data.
Insufficient data for a verdict (indicators available: 4 of at least 6; score weight coverage: 27.1% of at least 60%; valuation methods computed: 0 of at least 1).
Text generated deterministically from the figures shown; no language model. Not investment advice.
What supports the thesis
- Net margin: -1.1%
- Revenue CAGR 3Y: 12.8%
- FCF yield: 11.4%
What contradicts it
- Current ratio: 0.4x
Not assessed (insufficient data or a ratio without meaning): ROIC, FCF conversion, EPS CAGR 3Y, Net debt / EBITDA, Interest coverage, P/E (TTM), EV/EBITDA, Shareholder yield (distributions), Payout ratio (FCF).
Versus the vertical median
Finance Services (SIC 6199) · same industry (4-digit SIC) · compared with 39 companies
Multiples and returns vs the median
Price rebased to 100 (monthly, 5 years)
Companies in the vertical
| Market cap | P/E | ROE | Net margin | Revenue YoY | 1A / 3A | |
|---|---|---|---|---|---|---|
| AXPAmerican Express Co | 218.3 bn | 18.3 | 35.9% | 27.9% | +6.4% | −11% / +91% |
| COINCoinbase Global, Inc. | 38.5 bn | — | -4.7% | -12.5% | +9.4% | −47% / +17% |
| SOFISoFi Technologies, Inc. | 21.7 bn | 35.0 | 7.1% | 104.3% | +23.1% | −44% / +130% |
| IRENIREN Limited | 7.8 bn | — | -23.4% | -99.4% | +41.1% | −55% / +340% |
| HUTHut 8 Corp. | 6.0 bn | — | -44.3% | -188.6% | +44.8% | +9% / +415% |
| BLSHBullish | 3.5 bn | — | -27.3% | -0.3% | −2.2% | −47% / unavailable |
| PURRHyperliquid Strategies Inc | 1.9 bn | 3.0 | 32.6% | 3,229.8% | unavailable | unavailable / unavailable |
| CLSKCleanSpark, Inc. | 1.7 bn | — | -68.6% | -130.2% | +102.2% | −55% / +9% |
| WLTHWealthfront Corporation | 1.7 bn | — | -20.5% | -19.4% | +18.2% | unavailable / unavailable |
| BTDRBitdeer Technologies Group | 1.5 bn | — | -196.7% | -171.3% | −5.1% | −51% / +45% |
| AMBRAmber International Holding Limited | 865.0 m | — | -116.1% | -88.7% | −9.0% | −27% / −51% |
| CDChaince Digital Holdings Inc. | 741.4 m | — | -12.3% | -182.5% | +277.9% | −30% / +622% |
| GDOTGreen Dot Corp | 727.1 m | — | -2.8% | -1.1% | +20.7% | +10% / +5% |
| TRONTron Inc. | 664.1 m | 96.8 | 3.8% | 135.6% | +10.0% | −24% / −48% |
| JFU9F Inc. | 536.7 m | 23.2 | 4.7% | 125.2% | +12.2% | −52% / −43% |
| ABTCAmerican Bitcoin Corp. | 516.7 m | — | -38.5% | -71.7% | +158.8% | −90% / −99% |
| ORBSEightco Holdings Inc. | 340.9 m | — | -157.0% | -1,260.9% | −16.8% | −70% / −74% |
| CHADDefi Development Corp. | 310.0 m | — | -589.3% | -1,319.5% | +442.3% | unavailable / unavailable |
| CPSSConsumer Portfolio Services, Inc. | 221.6 m | 9.9 | 7.5% | 5.0% | +10.4% | +23% / +7% |
| DGXXDigi Power X Inc. | 217.0 m | — | -24.7% | -114.8% | −7.6% | −48% / +50% |
| TONXTon Strategy Company | 159.7 m | — | -75.5% | -532.8% | +1,327.8% | −15% / −93% |
| DEFTDefi Technologies Inc. | 152.4 m | 2.3 | 74.0% | 62.9% | +215.5% | −74% / unavailable |
| HSDTSolana Company | 127.0 m | — | -183.2% | -1,302.8% | +1,057.1% | −49% / −100% |
| AGPUAxe Compute Inc | 86.2 m | — | -1,565.2% | -7,769.8% | +47.7% | +24% / −85% |
| MGLDThe Marygold Companies, Inc. | 84.1 m | — | -20.7% | -17.3% | +8.0% | +93% / +91% |
1- and 3-year price returns: for GDOT from daily closes (the same as the performance table), for the other companies from month-end closes.
olivLaw engine forecast
The world engine ran after the company's latest material disclosure. Probabilities are of TOUCHING a level within the horizon (not closing there) and sit next to the random walk (p_rw), the no-information benchmark.
The engine has no published run for this company yet.
Valuation scenarios (editable assumptions)
Illustrative scenarios
Illustrative: not forecasts and without probabilities. Each case is one coherent set of assumptions, computed on today's figures.
Estimated price (USD)
| Estimated price | Bear | Base | Bull |
|---|---|---|---|
| 1 years | insufficient data Total return unavailable · Per year unavailable | insufficient data Total return unavailable · Per year unavailable | insufficient data Total return unavailable · Per year unavailable |
| 3 years | insufficient data Total return unavailable · Per year unavailable | insufficient data Total return unavailable · Per year unavailable | insufficient data Total return unavailable · Per year unavailable |
| 5 years | insufficient data Total return unavailable · Per year unavailable | insufficient data Total return unavailable · Per year unavailable | insufficient data Total return unavailable · Per year unavailable |
AI analysis
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
In brief
Green Dot is a financial technology platform and registered bank holding company offering digital bank accounts, prepaid cards and money processing services to consumers and businesses. The company is in the middle of transactions that would split its operations between CommerceOne and Smith Ventures, so its outlook depends on regulatory approvals. Total operating revenues grew 20.7% in fiscal 2025 1.
SWOT
Strengths
- The company owns a bank and a compliance framework that customers increasingly consider when choosing a platform 3. Its broad distribution network and tax processing channel are assets that are hard to replicate 1.
- The B2B segment is growing strongly and has a portfolio of large partners, which diversifies revenue 12.
- Total operating revenues grew 17.8% in the first half of 2026, supported by the processing segments 2.
Weaknesses
Opportunities
Risks
- Regulatory approvalshigh
The transactions depend on approvals from the Federal Reserve and Utah authorities, and conditions attached could delay or alter the deal 1.
- Shareholder litigationmedium
Demand letters from shareholders challenge disclosures in the registration statement, and lawsuits could delay closing 1.
- Transaction costsmedium
Merger and sale costs are substantial and could rise if the transaction is prolonged 1.
- Seasonality and volatilitylow
Concentration of tax processing revenue in the first half makes quarterly results vary sharply 2.
- Dependence on large partnersmedium
Growth relies on a few BaaS and retail partners, and losing one could affect revenue 1.
Investment thesis
What would need to be true (bull case)
- The B2B segment is growing quickly, and BaaS growth supports total revenue, which rose in fiscal 2025 and in the first half of 2026 12.
- If the transactions close, the fintech business could have a more flexible structure focused on growth 3.
- Operating efficiency and cost control supported first-half adjusted EBITDA, although the second quarter was below the prior year 3.
What would break the thesis
- The Consumer segment keeps shrinking, and quarterly results depend on tax seasonality, which makes profit hard to predict 12.
- Regulatory uncertainty and shareholder litigation could delay or alter the announced transactions 1.
- Concentration on a few large partners and competitive pressure could limit long-term growth 12.
What to watch
- Federal Reserve and Utah approvals for the announced transactions2026
- Third-quarter results, especially the trend in the Consumer segmentQ3 2026
- Volume of tax refunds processed in the coming seasonQ1 2027
- Next 10-K and any information on new BaaS partnersnext 10-K
Products, market & competition
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
The business
Green Dot Corporation, founded in 1999, is a financial technology platform and registered bank holding company that builds banking and payment solutions for businesses of all sizes. Through its wholly owned subsidiary Green Dot Bank, it issues most of its products, including the GO2bank digital account, prepaid cards and the Arc platform for embedded finance 1. The Green Dot Network includes more than 90,000 retail distribution and cash access locations nationwide 1. As the issuing bank, the company is directly accountable for the compliance and safety of each program 1.
Revenue comes from interchange fees, card revenues, program management fees paid by partners and interest income on deposits held at Green Dot Bank 1. Money processing services such as cash transfers and disbursements are charged per transaction 1. In the first half of 2026, total operating revenues reached 1,252.1 million USD, up 17.8% 2.
In November 2025 the company agreed a merger with CommerceOne Financial Corporation and a sale of its non-bank business to Payments Buyer, an affiliate of Smith Ventures, for 690 million USD 1. If the transactions close, Green Dot Bank would move under CommerceOne, while the fintech business would continue separately 3.
Segments
B2B Services
The B2B segment includes Banking-as-a-Service partnerships and the employer payroll business. Revenues rose 33% in fiscal 2025 1 and 29% in the second quarter of 2026 2. Growth is driven by BaaS programs that earn program management fees rather than only interchange 1.
Market context
The market for digital banking and embedded payments in the United States is competitive, and the company competes on distribution, innovation, compliance and brand 1. Gross dollar volume grew 18% in fiscal 2025 1, which points to demand in the BaaS segment. Demand for consumer accounts has been flat, and macroeconomic pressures have affected customer acquisition 1.
The tax refund processing market depends on the number of taxpayers and on preparation channels, and online partners have influenced volumes 1. Banking regulation remains important, since regulatory approvals set the timing of the transactions 1.
Trends
- Growth of BaaS programstailwind
Banking-as-a-Service partnerships generate volume and program fees, which supported revenue growth 12. If new partners continue to launch, the segment could keep its pace 3.
- Decline in consumer accountsheadwind
Active accounts and purchase volume in the Consumer segment fell over several quarters 12. Pressure on consumers and retail competition could extend this trend.
- Tax seasonalitymixed
Tax refund processing revenue is concentrated in the first half, so quarterly results fluctuate widely. Shifts of revenue between quarters weighed on second-quarter EBITDA 3.
- Balance sheet optimisationmixed
Net interest income rose in fiscal 2025 because of partner deposits and a bond repositioning strategy 1. If this efficiency holds, margins could improve, although they depend on interest rates.
Competitive position
The company competes with financial institutions, payment processors and consumer technology providers on distribution, service quality and compliance 1. The official sources describe competitors only in general terms, without naming them 1.
In tax processing and BaaS, competitive pressure comes from online partners and embedded platforms that can change distribution terms 12. Market share stability depends on the launch of new partners 3.
- Digital bank account providers
Compete for the same consumers who use mobile accounts and prepaid cards, an area where the company has reported acquisition pressure 1.
- Embedded payment platforms
Compete in the BaaS segment, where the company builds its offer around integration with large partners 1.
- Online tax preparation providers
Influence the volume of refunds processed, since they were the main source of the second-quarter decline 2.
- Retail networks offering financial services
Compete for shelf space and card distribution in stores, a channel essential to the company 1.
Links, dependencies and risks
Who the company is tied to, from its own SEC filings (customers, suppliers, production, partners, competitors, countries, regulation), from the 5 %+ holders' statements (13D/13G) and from what other companies say about it. Click a node for its evidence; on a listed company the graph moves to it.
Loading the links…
News & filings
In the press
No news in our archive over the last 180 days.
SEC filings
- Current report14 Oct 2026Departure or appointment of officers
- Quarterly report10 Aug 2026
- Current report10 Aug 2026Results of operations · Financial statements and exhibits
- Current report24 Jun 2026Shareholder vote · Other events · Financial statements and exhibits
- Current report16 Jun 2026Other events
- Quarterly report11 May 2026
- Current report11 May 2026Results of operations · Financial statements and exhibits
- Current report07 Apr 2026Departure or appointment of officers
- Annual report16 Mar 2026
- Current report16 Mar 2026Results of operations · Financial statements and exhibits
Sources
- [1] Form 10-K, fiscal year ended 2025-12-31 · SEC / Green Dot Corporation · 16 Mar 2026
- [2] Form 10-Q, quarter ended 2026-06-30 · SEC / Green Dot Corporation · 10 Aug 2026
- [3] Form 8-K, results release (exhibit 99.1) · SEC / Green Dot Corporation · 10 Aug 2026
Figures computed by olivLaw from SEC filings and closing prices; the qualitative analysis is AI-generated from cited sources. Not investment advice.