GREEN DOT CORP GDOT
Founded in 1999, Green Dot Corporation ("we," "our," or "us" refer to Green Dot Corporation and its consolidated subsidiaries) is a financial technology platform and registered bank holding company that builds banking and payment solutions to create value, retain and reward customers, and accelerate growth for businesses of all sizes. For more than two decades, we have delivered financial tools and services that address the most pressing financial needs of consumers and businesses, and that transform the way people and businesses manage and move money.
As the regulated entity and issuing bank for the substantial majority of products and services we provide, whether our own or on behalf of our partners, we are directly accountable for all aspects of each program's integrity, inclusive of ensuring the program's compliance with all applicable banking regulations, state and federal law and our various internal governance policies and procedures, in addition to deploying enterprise-class risk management practices and procedures to ensure each program's initial and ongoing safety and soundness. Green Dot Bank is a wholly owned subsidiary of Green Dot Corporation and member of the Federal Deposit Insurance Corporation.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.99B | $1.66B | $1.46B | $1.45B | $1.41B | $1.24B | $1.08B | $1.07B | $901.1M | $718.8M |
| Total operating expenses | $2.07B | $1.73B | $1.48B | $1.36B | $1.37B | $1.22B | $985.7M | $935.2M | $791.8M | $655.5M |
| Operating income | $13.7M | -$1.7M | $22.7M | $94.4M | $66.5M | $30.1M | $122.9M | $130.4M | $109.3M | $63.3M |
| Interest expense | — | — | $3.0M | $255.0K | $150.0K | $761.0K | $1.9M | $5.0M | $5.8M | — |
| Pre-tax income | -$97.3M | -$22.5M | $14.6M | $83.9M | $63.7M | $28.1M | $121.1M | $123.8M | $103.5M | $61.6M |
| Income tax | $1.6M | $4.2M | $7.9M | $19.7M | $16.2M | $5.0M | $21.2M | $5.1M | $17.6M | $20.0M |
| Net income | -$98.9M | -$26.7M | $6.7M | $64.2M | $47.5M | $23.1M | $99.9M | $118.7M | $85.9M | $41.6M |
| Shares, diluted (wtd. avg.) | $55.1M | $53.5M | $52.5M | $53.9M | $55.2M | $53.7M | $53.1M | $54.5M | $53.2M | $50.8M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $1.42B | $1.59B | $682.3M | $819.8M | $1.33B | $1.50B | $1.07B | $1.10B | $1.01B | $744.8M |
| Short-term investments | — | — | — | — | — | $0 | $10.0M | $20.0M | $11.9M | — |
| Receivables | $197.2M | $132.0M | $110.1M | $74.4M | $80.4M | $67.8M | $59.5M | $40.9M | $35.3M | $40.1M |
| Total current assets | $2.64B | $2.43B | $1.64B | $1.47B | $1.81B | $2.41B | $1.44B | $1.38B | $1.32B | $1.01B |
| Property, plant and equipment | $198.4M | $188.4M | $179.4M | $160.2M | $135.3M | $133.4M | $145.5M | $120.3M | $97.3M | $82.6M |
| Goodwill | $301.8M | $301.8M | $301.8M | $301.8M | $301.8M | $301.8M | $301.8M | $301.8M | $301.8M | $208.4M |
| Other intangibles | $72.6M | $96.2M | $118.7M | $143.3M | $165.2M | $190.0M | $219.2M | $249.3M | $280.6M | $242.7M |
| Total assets | $5.99B | $5.43B | $4.82B | $4.79B | $4.73B | $4.12B | $2.46B | $2.29B | $2.20B | $1.74B |
| Accounts payable | $114.7M | $103.8M | $119.9M | $113.9M | $51.4M | $34.8M | $37.9M | $38.6M | $34.9M | $22.9M |
| Total current liabilities | $5.03B | $4.50B | $3.95B | $3.96B | $3.64B | $3.08B | $1.45B | $1.34B | $1.34B | $960.8M |
| Total liabilities | $5.09B | $4.56B | $3.96B | $4.01B | $3.65B | $3.11B | $1.53B | $1.38B | $1.43B | $1.06B |
| Retained earnings | $644.7M | $743.6M | $770.3M | $763.6M | $699.4M | $651.9M | $629.0M | $529.1M | $410.4M | $325.7M |
| Total equity | $890.2M | $873.6M | $859.4M | $781.5M | $1.07B | $1.01B | $927.4M | $909.8M | $764.5M | $683.7M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $138.6M | $81.4M | $97.5M | $277.7M | $167.0M | $209.2M | $189.9M | $251.1M | $218.3M | $114.5M |
| Depreciation and amortisation | $64.7M | $63.4M | $58.7M | $57.1M | $57.0M | $58.0M | $49.5M | $38.6M | $33.5M | $39.5M |
| Stock-based compensation | $18.7M | $29.9M | $33.7M | $34.8M | $51.4M | $53.7M | $29.6M | $50.1M | $40.7M | $28.3M |
| Capital expenditure | $72.5M | $74.3M | $75.9M | $84.3M | $57.4M | $59.0M | $78.2M | $61.0M | $44.1M | $43.3M |
| Investing cash flow | -$450.5M | $81.4M | $33.2M | -$820.2M | -$1.37B | -$785.8M | -$153.9M | -$115.0M | -$145.2M | -$72.0M |
| Financing cash flow | $141.3M | $743.1M | -$264.0M | $36.7M | $1.03B | $1.01B | -$65.1M | -$51.0M | $192.2M | -$75.7M |
| Buybacks | — | $0 | $0 | $95.5M | $0 | $0 | $100.0M | $0 | $52.0M | $59.0M |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001386278-26-000023.
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