Green Dot 2025 Q3 Earnings Significant Net Loss Widens 292.7% as Revenue Surpasses Expectations

Green Dot (GDOT) reported fiscal 2025 Q3 earnings on Nov 11, 2025, with total revenue rising 20.8% to $494.83 million, surpassing estimates. The company raised full-year revenue guidance to $2.0–2.1 billion and adjusted EBITDA to $165–175 million, reflecting stronger-than-expected performance despite a widened net loss.

Revenue

Green Dot's total revenue surged by 20.8% to $494.83 million in Q3 2025. Card revenues and other fees contributed the most at $393.06 million, while cash processing and interchange revenues added $33.77 million and $45.33 million respectively. Interest income, net, amounted to $22.67 million, rounding out the operating revenues.

Earnings/Net Income

Green Dot's losses deepened to $0.56 per share in Q3 2025, a 273.3% wider loss compared to $0.15 per share in Q3 2024. Net loss expanded to $-30.79 million, a 292.7% increase from $-7.84 million in the prior-year quarter. Despite the revenue growth, Green Dot's net loss widened significantly, indicating a challenging quarter for profitability.

Post-Earnings Price Action Review

The strategy of purchasing Green Dot shares on revenue raise announcements and holding for 30 days yielded positive returns, with an average gain of 15.48% over three quarters. The highest return was 19.78% in Q3 2024, followed by 13.14% in Q2 2025 and 11.76% in Q1 2025. Cumulative returns reached 51.62%, outperforming the SPY ETF’s performance during the same period.

CEO Commentary

CEO Bill Jacobs highlighted progress in operational efficiency and strategic partnerships, including the launch of embedded finance solutions with Crypto.com and Stripe. He emphasized initiatives like “Project 30” to reduce implementation timelines and expand in the embedded finance market.

Guidance

Green Dot raised full-year 2025 revenue guidance to $2.0–2.1 billion and adjusted EBITDA to $165–175 million. Non-GAAP EPS guidance was updated to $1.31–1.44, up from $1.28–1.42 previously.

Additional News

Green Dot announced a partnership with Samsung to integrate peer-to-peer (P2P) payments into Samsung Wallet, leveraging its Arc embedded finance platform. The collaboration aims to enable “Tap to Transfer” functionality for 12 million U.S. users, expanding Green Dot’s reach in digital payments.