Green Dot (GDOT)
Market Price (12/29/2025): $13.11 | Market Cap: $726.3 MilSector: Financials | Industry: Consumer Finance
Green Dot (GDOT)
Market Price (12/29/2025): $13.11Market Cap: $726.3 MilSector: FinancialsIndustry: Consumer Finance
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
| Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -216% | Weak multi-year price returns2Y Excs Rtn is -15%, 3Y Excs Rtn is -100% | Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -11% |
| Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 23% | Key risksGDOT key risks include [1] severe regulatory penalties and mandated compliance program overhauls due to past failures and [2] a substantial single point of failure from its heavy dependence on major partners. | |
| Attractive yieldFCF Yield is 13% | ||
| Megatrend and thematic driversMegatrends include Fintech & Digital Payments. Themes include Digital Payments, and Online Banking & Lending. |
| Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -216% |
| Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 23% |
| Attractive yieldFCF Yield is 13% |
| Megatrend and thematic driversMegatrends include Fintech & Digital Payments. Themes include Digital Payments, and Online Banking & Lending. |
| Weak multi-year price returns2Y Excs Rtn is -15%, 3Y Excs Rtn is -100% |
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -11% |
| Key risksGDOT key risks include [1] severe regulatory penalties and mandated compliance program overhauls due to past failures and [2] a substantial single point of failure from its heavy dependence on major partners. |
Why The Stock Moved
Qualitative Assessment
AI Analysis | Feedback
Here are key points explaining the approximate -5.9% stock movement for Green Dot (GDOT) from August 31, 2025, to December 29, 2025:
1. October Pullback: Green Dot's stock experienced a significant 13.55% pullback in October 2025, contributing to downward pressure within the specified period.
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1. October Pullback: Green Dot's stock experienced a significant 13.55% pullback in October 2025, contributing to downward pressure within the specified period.
Show more
Stock Movement Drivers
Fundamental Drivers
The -7.7% change in GDOT stock from 9/28/2025 to 12/28/2025 was primarily driven by a -11.2% change in the company's P/S Multiple.| 9282025 | 12282025 | Change | |
|---|---|---|---|
| Stock Price ($) | 14.20 | 13.10 | -7.75% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 1927.82 | 2012.90 | 4.41% |
| P/S Multiple | 0.41 | 0.36 | -11.21% |
| Shares Outstanding (Mil) | 55.13 | 55.40 | -0.50% |
| Cumulative Contribution | -7.75% |
Market Drivers
9/28/2025 to 12/28/2025| Return | Correlation | |
|---|---|---|
| GDOT | -7.7% | |
| Market (SPY) | 4.3% | 34.3% |
| Sector (XLF) | 3.3% | 49.4% |
Fundamental Drivers
The 21.7% change in GDOT stock from 6/29/2025 to 12/28/2025 was primarily driven by a 12.8% change in the company's P/S Multiple.| 6292025 | 12282025 | Change | |
|---|---|---|---|
| Stock Price ($) | 10.76 | 13.10 | 21.75% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 1830.76 | 2012.90 | 9.95% |
| P/S Multiple | 0.32 | 0.36 | 12.85% |
| Shares Outstanding (Mil) | 54.36 | 55.40 | -1.91% |
| Cumulative Contribution | 21.70% |
Market Drivers
6/29/2025 to 12/28/2025| Return | Correlation | |
|---|---|---|
| GDOT | 21.7% | |
| Market (SPY) | 12.6% | 26.8% |
| Sector (XLF) | 7.4% | 32.9% |
Fundamental Drivers
The 23.9% change in GDOT stock from 12/28/2024 to 12/28/2025 was primarily driven by a 23.1% change in the company's Total Revenues ($ Mil).| 12282024 | 12282025 | Change | |
|---|---|---|---|
| Stock Price ($) | 10.57 | 13.10 | 23.94% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 1634.89 | 2012.90 | 23.12% |
| P/S Multiple | 0.35 | 0.36 | 3.81% |
| Shares Outstanding (Mil) | 53.72 | 55.40 | -3.12% |
| Cumulative Contribution | 23.81% |
Market Drivers
12/28/2024 to 12/28/2025| Return | Correlation | |
|---|---|---|
| GDOT | 23.9% | |
| Market (SPY) | 17.0% | 39.1% |
| Sector (XLF) | 15.3% | 39.1% |
Fundamental Drivers
The -17.1% change in GDOT stock from 12/29/2022 to 12/28/2025 was primarily driven by a -38.2% change in the company's P/S Multiple.| 12292022 | 12282025 | Change | |
|---|---|---|---|
| Stock Price ($) | 15.81 | 13.10 | -17.14% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 1437.97 | 2012.90 | 39.98% |
| P/S Multiple | 0.58 | 0.36 | -38.19% |
| Shares Outstanding (Mil) | 53.05 | 55.40 | -4.42% |
| Cumulative Contribution | -17.30% |
Market Drivers
12/29/2023 to 12/28/2025| Return | Correlation | |
|---|---|---|
| GDOT | 32.3% | |
| Market (SPY) | 48.4% | 36.8% |
| Sector (XLF) | 51.8% | 40.3% |
Price Returns Compared
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| GDOT Return | 139% | -35% | -56% | -37% | 7% | 23% | -44% |
| Peers Return | 16% | 38% | -12% | 21% | 26% | 16% | 150% |
| S&P 500 Return | 16% | 27% | -19% | 24% | 23% | 18% | 114% |
Monthly Win Rates [3] | |||||||
| GDOT Win Rate | 83% | 25% | 33% | 58% | 50% | 50% | |
| Peers Win Rate | 52% | 65% | 42% | 68% | 57% | 52% | |
| S&P 500 Win Rate | 58% | 75% | 42% | 67% | 75% | 73% | |
Max Drawdowns [4] | |||||||
| GDOT Max Drawdown | -27% | -39% | -58% | -51% | -19% | -40% | |
| Peers Max Drawdown | -34% | -5% | -26% | -7% | -9% | -23% | |
| S&P 500 Max Drawdown | -31% | -1% | -25% | -1% | -2% | -15% | |
[1] Cumulative total returns since the beginning of 2020
[2] Peers: HPQ, HPE, IBM, CSCO, AAPL. See GDOT Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 12/26/2025 (YTD)
How Low Can It Go
| Event | GDOT | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -87.3% | -25.4% |
| % Gain to Breakeven | 684.8% | 34.1% |
| Time to Breakeven | Not Fully Recovered days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -54.2% | -33.9% |
| % Gain to Breakeven | 118.4% | 51.3% |
| Time to Breakeven | 61 days | 148 days |
| 2018 Correction | ||
| % Loss | -75.8% | -19.8% |
| % Gain to Breakeven | 313.2% | 24.7% |
| Time to Breakeven | Not Fully Recovered days | 120 days |
Compare to HPQ, HPE, IBM, CSCO, AAPL
In The Past
Green Dot's stock fell -87.3% during the 2022 Inflation Shock from a high on 1/7/2021. A -87.3% loss requires a 684.8% gain to breakeven.
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Green Dot Corporation operates as a financial technology and bank holding company in the United States. It operates through Consumer Services, Business to Business Services, and Money Movement Services segments. The company offers deposit account programs, such network-branded reloadable prepaid debit cards, network-branded gift cards, and secured credit cards. It also provides money processing services, including cash transfer services that help consumers to add funds directly to an account at the point-of-sale at any participating retailer; and simply paid disbursement services that enable wages and authorized funds disbursement to deposit account programs and accounts issued by any third-party bank or program manager. In addition, the company offers tax processing services that include tax refund transfers, which provide the processing technology to facilitate receipt of a taxpayers' refund proceeds; small business lending to independent tax preparation providers that seek small advances; and fast cash advance, a consumer-friendly loan that enables tax refund recipients. It markets its products under the Green Dot, GoBank, MoneyPak, TPG, and other brands. Green Dot Corporation markets and sells its products and services through retail stores; mobile applications; and various direct-to-consumer channels, such as online search engine optimization, online displays, direct mail campaigns, mobile advertising, and affiliate referral programs, as well as distributes through ‘Banking as a Service' platform. Green Dot Corporation was incorporated in 1999 and is based in Texas, the United States.
AI Analysis | Feedback
Here are 1-3 brief analogies to describe Green Dot (GDOT):
- Like the AWS of banking infrastructure, providing the backend for other companies' financial products and services.
- Like Walgreens or CVS for basic financial services, offering accessible prepaid debit cards and cash services right where people shop.
AI Analysis | Feedback
Here are the major products and services of Green Dot (GDOT):- Prepaid Debit Cards: Reloadable debit cards that serve as an alternative to traditional bank accounts for managing funds and making purchases.
- Bank Accounts (e.g., GoBank): Feature-rich checking accounts, often mobile-first, providing direct deposit, bill pay, and ATM access.
- Cash Deposit Network: A broad retail network enabling customers to conveniently add cash to their Green Dot products or partner cards.
- Fintech-as-a-Service (B2B Banking Platform): Provides other companies with the technological and regulatory infrastructure to offer their own branded banking and payment solutions.
AI Analysis | Feedback
Green Dot (symbol: GDOT) sells primarily to other companies through its Banking-as-a-Service (BaaS) platform, providing financial technology and regulated banking infrastructure. This segment accounted for approximately 40% of their non-GAAP operating revenues in 2023, making these B2B relationships a primary focus and major source of business. Major customer companies include:
- Walmart (NYSE: WMT) - A long-standing partner for the distribution of Green Dot's prepaid cards and co-branded financial products like the Walmart MoneyCard.
- Apple (NASDAQ: AAPL) - Green Dot serves as the regulated financial institution powering Apple Cash.
- Uber (NYSE: UBER) - Green Dot provides banking solutions for Uber drivers and couriers.
- Intuit (NASDAQ: INTU) - Historically partnered with Green Dot for tax refund disbursements and other financial services related to TurboTax.
While Green Dot also serves individuals directly through products like GO2bank and its prepaid debit cards, its strategic emphasis and a significant portion of its revenue generation come from these major B2B partnerships.
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- Visa Inc. (V)
- Mastercard Incorporated (MA)
- Walmart Inc. (WMT)
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William I. Jacobs
Chairman of the Board and Interim Chief Executive Officer
William I. Jacobs has served as Green Dot's Chairperson of the Board since June 2016 and as interim Chief Executive Officer from January 2020 through March 2020, and again from March 2025. He has served on the boards of directors of Global Payments, Inc., a payment processing services company, since 2001, and of Repay Holdings Corporation, a publicly traded financial technology company, since July 2019. Mr. Jacobs was Chairman of the board of directors of Global Payments, Inc. from June 2014 until September 2019 and also served as Lead Independent Director for that company from 2003 to May 2014.
Jess Unruh
Chief Financial Officer
Jess Unruh was appointed Chief Financial Officer of Green Dot in November 2022 and has been with the company since 2009. In his previous role as operational CFO and Chief Accounting Officer, Mr. Unruh led financial operations for Green Dot, including corporate accounting, tax, financial reporting, corporate finance, and financial planning and analytics. Before joining Green Dot, he served in the audit practice at Ernst & Young LLP. Mr. Unruh holds B.S. degrees in Accounting and Business Administration from the University of Southern California.
Chris Ruppel
Chief Revenue Officer and Interim President
As Chief Revenue Officer and Interim President, Chris Ruppel is responsible for overseeing all revenue-generating businesses, marketing, and product at Green Dot. He previously served as GM of the company's direct-to-consumer business, focusing on the growth of GO2bank, launched in early 2021. Prior to that, Mr. Ruppel served as GM of wage and corporate disbursements (branded as rapid!) for Green Dot since 2017. Before Green Dot acquired the business, he was president of rapid! PayCard and GM of card portfolios for UniRush, LLC. He was also previously GM of prepaid cards for the Americas at WEX Inc., and was CEO and co-founder of rapid! Financial Services (rapid! PayCard) from 2004 until its acquisition by WEX in April 2011. From 1996 until 2008, Mr. Ruppel served as vice president of Sembler Investments and held leadership positions in numerous portfolio companies.
Melissa Douros
Chief Product Officer
Melissa Douros was appointed Chief Product Officer of Green Dot on March 6, 2024. In this role, she leads the strategy, design, development, and delivery of all financial products at Green Dot, with a focus on creating seamless and intuitive customer experiences. Ms. Douros has over 20 years of experience in financial services, with previous roles at Discover Financial Services, Great Wolf Resorts, E*TRADE, and Komatsu Financial. At Discover, she was Vice President of Digital Product Experience, where she spearheaded a significant digital overhaul. At E*TRADE, she led the creation of digital assets and strategies to enhance customer experience following the acquisition of OptionsHouse.
Teresa Watkins
Chief Operations Officer
Teresa Watkins was appointed Chief Operations Officer of Green Dot in November 2022. She leads critical operational functions at Green Dot. Before joining Green Dot, Ms. Watkins held various senior leadership positions in operations and customer service within the financial services and technology sectors.
AI Analysis | Feedback
The key risks to Green Dot's business are:
- Regulatory Scrutiny and Compliance Failures: Green Dot has faced significant regulatory challenges, including a $44 million fine from the US Federal Reserve Board due to compliance failures related to prepaid debit card services and third-party tax return preparers. These failures involved weak customer identification processes, inadequate transaction monitoring systems, and insufficient compliance controls, exposing the bank and its customers to financial crimes. The company is mandated to undertake a complete reconstruction of its compliance programs, including strengthening consumer compliance risk management and anti-money laundering (AML) standards.
- Intense Competition: Green Dot operates in a highly competitive financial services market, facing pressure from both traditional banks and emerging fintech companies. This competitive landscape can lead to pricing pressures, making it difficult for the company to improve its margins without impacting growth. Additionally, the continuous investment required to maintain and enhance Banking-as-a-Service (BaaS) technology platforms could strain Green Dot's resources in a rapidly evolving technological environment.
- Dependence on Major Partners: A significant portion of Green Dot's business relies on large partners, such as Walmart. The risk of non-renewal or termination of any major agreement with these partners is identified as a substantial single point of failure for the company.
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Clear emerging threats for Green Dot include:
- Proliferation of Digital-First Neobanks and Fintechs: Green Dot’s traditional strength lies in serving unbanked and underbanked populations through prepaid debit cards distributed via retail channels. A growing number of digital-first neobanks (e.g., Chime, Varo, Current, Dave) and fintech apps (e.g., Cash App) are offering mobile-centric, low-fee or no-fee checking accounts and debit cards. These alternatives provide easier setup, instant access, and enhanced features directly on smartphones, directly competing for Green Dot's traditional customer base and diminishing the necessity for physical prepaid cards. This shift parallels how Netflix disrupted Blockbuster's physical distribution model by offering a more convenient, digital-first alternative.
- Intensifying Competition in Banking-as-a-Service (BaaS): While Green Dot has established itself as a significant BaaS provider with major clients, the market is experiencing rapid growth in new entrants (e.g., Cross River Bank, The Bancorp, Unit, Bond, Galileo). This increased competition can lead to pricing pressure, higher demands for continuous technological investment, and potential client churn as businesses seeking BaaS solutions gain more options. Furthermore, some successful fintechs that initially relied on BaaS providers are increasingly pursuing their own bank charters, potentially reducing their long-term reliance on partners like Green Dot.
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Green Dot (symbol: GDOT) participates in several addressable markets through its main products and services:
- Prepaid Debit Cards: The global prepaid card market was valued at approximately USD 3.60 trillion in 2024 and is projected to grow to around USD 21.46 trillion by 2034. In the U.S. specifically, the prepaid card market size was an estimated USD 1.76 trillion in 2024 and is projected to reach approximately USD 10.62 trillion by 2034.
- Banking as a Service (BaaS): The global Banking as a Service market was valued at USD 18.6 billion in 2024 and is expected to reach about USD 73.7 billion by 2034. The U.S. Banking as a Service market alone was valued at USD 1.3 billion in 2024 and is anticipated to grow to USD 8.5 billion by 2032.
- Digital/Mobile Banking Accounts (Demand Deposit Accounts): For the U.S., the total amount of demand deposit accounts (as a component of M1 money supply), which Green Dot services, was $5.287 trillion as of early July 2024.
- Money Movement Services (Gig Economy Payments): The global Gig Economy Payments Market was valued at USD 11.4 billion in 2024 and is forecasted to reach USD 28.3 billion by 2033. North America holds a significant share of the broader gig economy platforms market.
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Green Dot (symbol: GDOT) is poised for future revenue growth over the next 2-3 years, driven by several strategic initiatives and expanding business segments.
- Expansion of the B2B Segment and Banking-as-a-Service (BaaS) Partnerships: The B2B segment, particularly its Banking-as-a-Service offerings, is a significant driver of Green Dot's projected revenue growth. The company has reported substantial increases in B2B Services revenue and anticipates launching numerous new BaaS partners in 2025, which is expected to lead to new client acquisitions and increased revenue. The "Arc by Green Dot" embedded finance platform is central to this growth, evidenced by new partnerships and strong engagement. This expansion is also expected to drive deposit growth.
- Growth in Money Movement Services, particularly Tax Processing and New Partner Launches: Green Dot expects its Money Movement Services to contribute to revenue growth, primarily through its robust tax processing business. Furthermore, the company is actively securing and launching new partners in money processing to enhance account access and cash deposit/withdrawal options across its Green Dot Network, aiming to counterbalance any declines from Green Dot branded accounts.
- Optimization of Green Dot Bank's Balance Sheet for Increased Interest Income: A key operational strategy for Green Dot is to optimize its balance sheet by repositioning assets and investing cash to improve yields and overall profitability at Green Dot Bank. This focus on growing deposits within its BaaS business is expected to generate higher interest income.
- Modernization of Consumer Product User Experience and Stabilization of the Consumer Services Segment: Despite anticipated short-term revenue declines in the Consumer Services segment, Green Dot is investing in modernizing the user experience for its consumer products to improve performance and enhance competitiveness. The company has observed progress in stabilizing this segment, with moderating declines in active accounts and even sequential growth. New partnerships like PLS are also expected to positively impact this segment.
- Strategic Partnerships and Business Development: Green Dot has significantly strengthened its business development capabilities, resulting in a growing pipeline of opportunities. The company aims to continue securing new clients in the Financial Service Center (FSC) market and leveraging its diverse customer acquisition channels, including partnerships with major retailers and technology platforms. Recent partner wins in its embedded finance businesses, such as Varo, Clip Money, and DolFintech, underscore the increasing demand and growth potential in this area.
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```htmlCapital Allocation Decisions for Green Dot (GDOT)
Share Repurchases
- Green Dot's Board of Directors authorized a share repurchase program of up to $100 million on February 24, 2022, which is open-ended.
- The company's annual share buybacks amounted to $95.525 million in 2022.
Share Issuance
- As of recent reports, Green Dot has 55.39 million shares outstanding, with an increase of 2.75% in shares over one year.
- Diluted weighted-average shares issued and outstanding were approximately 56.0 million for the second quarter of 2025.
Capital Expenditures
- Green Dot is investing in strategic initiatives and compliance programs, as well as cost reduction initiatives.
- The company is modernizing its technology infrastructure by moving to a streamlined processing environment, upgrading fraud and risk management tools, improving front-end development, and migrating its platform to the cloud.
Latest Trefis Analyses
| Title | Topic | |
|---|---|---|
| DASHBOARDS | ||
| Green Dot Earnings Notes | ||
| Green Dot (GDOT) EBITDA Comparison | Financials | |
| Green Dot (GDOT) Debt Comparison | Financials | |
| Green Dot (GDOT) Operating Income Comparison | Financials | |
| Green Dot (GDOT) Operating Cash Flow Comparison | Financials | |
| Green Dot (GDOT) Revenue Comparison | Financials | |
| Green Dot (GDOT) Tax Expense Comparison | Financials | |
| Green Dot (GDOT) Net Income Comparison | Financials | |
| GDOT Dip Buy Analysis | ||
| Day 0 of Loss Streak for Green Dot Stock with 0% Return (vs. -10% YTD) [1/10/2025] | Notification |
| Title | |
|---|---|
| ARTICLES |
Trade Ideas
Select ideas related to GDOT. For more, see Trefis Trade Ideas.
| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
|---|---|---|---|---|---|---|---|
| 11212025 | WU | Western Union | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 14.5% | 14.5% | -0.4% |
| 11212025 | COIN | Coinbase Global | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | -1.5% | -1.5% | -1.5% |
| 11142025 | PYPL | PayPal | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | -4.5% | -4.5% | -7.5% |
| 11142025 | V | Visa | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | 7.6% | 7.6% | -2.7% |
| 11072025 | WD | Walker & Dunlop | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | -11.1% | -11.1% | -12.1% |
| 10312020 | GDOT | Green Dot | Quality | Q | Momentum | UpsideQuality Stocks with Momentum and UpsideBuying quality stocks with strong momentum but still having room to run | -14.2% | -20.6% | -25.7% |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons for Green Dot
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 51.32 |
| Mkt Cap | 158.8 |
| Rev LTM | 56,496 |
| Op Inc LTM | 7,584 |
| FCF LTM | 7,327 |
| FCF 3Y Avg | 7,366 |
| CFO LTM | 8,590 |
| CFO 3Y Avg | 8,697 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 7.4% |
| Rev Chg 3Y Avg | 3.2% |
| Rev Chg Q | 9.4% |
| QoQ Delta Rev Chg LTM | 2.1% |
| Op Mgn LTM | 12.1% |
| Op Mgn 3Y Avg | 11.9% |
| QoQ Delta Op Mgn LTM | -0.1% |
| CFO/Rev LTM | 14.7% |
| CFO/Rev 3Y Avg | 17.1% |
| FCF/Rev LTM | 11.6% |
| FCF/Rev 3Y Avg | 12.1% |
Segment Financials
Revenue by Segment| $ Mil | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Business to Business (B2B) Services | 773 | 594 | 459 | 305 | |
| Consumer Services | 499 | 587 | 695 | 620 | |
| Money Movement Services | 210 | 222 | 240 | 288 | |
| Banking-as-a-Service (BaaS) commissions and processing expenses | 20 | 29 | 45 | ||
| Corporate and Other | 3 | 20 | -5 | -13 | -31 |
| Other income | -3 | -3 | |||
| Net revenue adjustment | 53 | ||||
| Account Services | 843 | ||||
| Processing and Settlement Services | 297 | ||||
| Total | 1,501 | 1,450 | 1,433 | 1,254 | 1,109 |
| $ Mil | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Consumer Services | 177 | 222 | 224 | 212 | |
| Money Movement Services | 113 | 118 | 116 | 124 | |
| Business to Business (B2B) Services | 77 | 86 | 73 | 66 | |
| Impairment charges | 0 | -4 | -22 | ||
| Other expense | -7 | -8 | -13 | -12 | |
| Legal settlement expenses | -24 | -16 | -1 | ||
| Amortization of acquired intangible assets | -24 | -24 | -28 | -28 | |
| Stock based compensation and related employer taxes | -34 | -35 | -52 | -56 | |
| Depreciation and amortization of property, equipment and internal-use software | -59 | -57 | -57 | -58 | |
| Corporate and Other | -197 | -188 | -196 | -196 | -118 |
| Account Services | 147 | ||||
| Processing and Settlement Services | 94 | ||||
| Total | 23 | 94 | 66 | 30 | 123 |
Price Behavior
Price Behavior
| Market Price | $13.10 | |
| Market Cap ($ Bil) | 0.7 | |
| First Trading Date | 07/22/2010 | |
| Distance from 52W High | -14.1% | |
| 50 Days | 200 Days | |
| DMA Price | $12.34 | $11.02 |
| DMA Trend | up | down |
| Distance from DMA | 6.2% | 18.9% |
| 3M | 1YR | |
| Volatility | 37.6% | 66.5% |
| Downside Capture | 123.40 | 107.79 |
| Upside Capture | 59.64 | 112.36 |
| Correlation (SPY) | 33.6% | 39.2% |
GDOT Betas & Captures as of 11/30/2025
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 1.16 | 1.00 | 0.93 | 1.77 | 1.33 | 1.35 |
| Up Beta | 2.50 | 1.95 | 1.99 | 3.32 | 1.42 | 1.47 |
| Down Beta | -1.30 | 0.83 | 1.15 | 1.15 | 1.59 | 1.53 |
| Up Capture | 149% | 37% | 7% | 176% | 113% | 84% |
| Bmk +ve Days | 12 | 25 | 38 | 73 | 141 | 426 |
| Stock +ve Days | 9 | 20 | 30 | 62 | 125 | 378 |
| Down Capture | 99% | 111% | 89% | 128% | 102% | 107% |
| Bmk -ve Days | 7 | 16 | 24 | 52 | 107 | 323 |
| Stock -ve Days | 10 | 21 | 32 | 61 | 118 | 359 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Comparison of GDOT With Other Asset Classes (Last 1Y) | |||||||
|---|---|---|---|---|---|---|---|
| GDOT | Sector ETF | Equity | Gold | Commodities | Real Estate | Bitcoin | |
| Annualized Return | 23.0% | 16.3% | 17.8% | 72.1% | 8.6% | 4.4% | -8.2% |
| Annualized Volatility | 66.0% | 19.0% | 19.4% | 19.3% | 15.2% | 17.0% | 35.0% |
| Sharpe Ratio | 0.55 | 0.67 | 0.72 | 2.70 | 0.34 | 0.09 | -0.08 |
| Correlation With Other Assets | 39.2% | 39.2% | 2.8% | 12.7% | 29.1% | 23.1% | |
ETFs used for asset classes: Sector ETF = XLF, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
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Based On 5-Year Data
| Comparison of GDOT With Other Asset Classes (Last 5Y) | |||||||
|---|---|---|---|---|---|---|---|
| GDOT | Sector ETF | Equity | Gold | Commodities | Real Estate | Bitcoin | |
| Annualized Return | -25.4% | 16.1% | 14.7% | 18.7% | 11.5% | 4.6% | 30.8% |
| Annualized Volatility | 51.7% | 18.9% | 17.1% | 15.5% | 18.7% | 18.9% | 48.6% |
| Sharpe Ratio | -0.37 | 0.71 | 0.70 | 0.97 | 0.50 | 0.16 | 0.57 |
| Correlation With Other Assets | 40.8% | 41.4% | 4.6% | 8.2% | 34.3% | 20.7% | |
ETFs used for asset classes: Sector ETF = XLF, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Comparison of GDOT With Other Asset Classes (Last 10Y) | |||||||
|---|---|---|---|---|---|---|---|
| GDOT | Sector ETF | Equity | Gold | Commodities | Real Estate | Bitcoin | |
| Annualized Return | -2.4% | 13.2% | 14.8% | 15.3% | 7.0% | 5.3% | 69.2% |
| Annualized Volatility | 52.4% | 22.3% | 18.0% | 14.7% | 17.6% | 20.8% | 55.8% |
| Sharpe Ratio | 0.17 | 0.55 | 0.71 | 0.86 | 0.32 | 0.22 | 0.90 |
| Correlation With Other Assets | 43.2% | 45.0% | 3.4% | 15.2% | 37.6% | 17.0% | |
ETFs used for asset classes: Sector ETF = XLF, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 11/10/2025 | -4.0% | -10.3% | 14.9% |
| 8/11/2025 | 35.2% | 42.0% | 37.7% |
| 5/8/2025 | 25.7% | 11.5% | 18.0% |
| 2/27/2025 | -6.4% | -9.8% | 2.3% |
| 11/7/2024 | -16.8% | -16.9% | -15.1% |
| 8/8/2024 | 13.6% | 23.6% | 32.0% |
| 5/9/2024 | -4.1% | 0.4% | -0.2% |
| 2/27/2024 | -5.3% | -8.6% | 4.4% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 8 | 9 | 12 |
| # Negative | 16 | 15 | 12 |
| Median Positive | 13.4% | 7.8% | 13.1% |
| Median Negative | -4.7% | -8.6% | -12.7% |
| Max Positive | 35.2% | 42.0% | 37.7% |
| Max Negative | -34.4% | -32.0% | -41.9% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 9302025 | 11102025 | 10-Q 9/30/2025 |
| 6302025 | 8112025 | 10-Q 6/30/2025 |
| 3312025 | 5122025 | 10-Q 3/31/2025 |
| 12312024 | 3042025 | 10-K 12/31/2024 |
| 9302024 | 11082024 | 10-Q 9/30/2024 |
| 6302024 | 8092024 | 10-Q 6/30/2024 |
| 3312024 | 5102024 | 10-Q 3/31/2024 |
| 12312023 | 2292024 | 10-K 12/31/2023 |
| 9302023 | 11092023 | 10-Q 9/30/2023 |
| 6302023 | 8082023 | 10-Q 6/30/2023 |
| 3312023 | 5092023 | 10-Q 3/31/2023 |
| 12312022 | 3012023 | 10-K 12/31/2022 |
| 9302022 | 11092022 | 10-Q 9/30/2022 |
| 6302022 | 8082022 | 10-Q 6/30/2022 |
| 3312022 | 5092022 | 10-Q 3/31/2022 |
| 12312021 | 2282022 | 10-K 12/31/2021 |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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