Green Dot Q2 FY26 net loss narrows to USD 2.09 million; revenue rises 18% to USD 595.88 million

• Green Dot posted a GAAP net loss of USD 2.09 million, narrowing from a year-earlier loss; GAAP revenue rose 18% to USD 595.88 million.
• Non-GAAP adjusted EBITDA fell 12% to USD 40.18 million; adjusted EBITDA margin slid 2.3 percentage points to 6.8%.
• Non-GAAP net income dropped 33% to USD 14.91 million, with management citing tax-revenue timing and continued Consumer Services headwinds.
• B2B Services segment revenue climbed to USD 448.44 million; Consumer Services revenue declined to USD 84.75 million.
• Green Dot reiterated it will not host an earnings call or provide 2026 guidance as it prepares for acquisition by Smith Ventures and CommerceOne.

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