The company maintains a healthy liquidity buffer with $1.6B in cash, though total assets have expanded to $6.7B without proportional equity growth, relying heavily on deposit liabilities.
| Metric | TTM | Dec'25 | Dec'24 | Dec'23 | Dec'22 | Dec'21 | Dec'20 | Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Jul'09 | Jul'08 |
|---|
| Cash & Short Term Investments | 7.02B | 1.42B | 1.62B | 716.12M | 813.95M | 1.32B | 1.49B | 1.07B | 1.11B | 931.13M | 779.36M | 821.24M | 771.29M | 539.78M | 411.83M | 246.08M | 167.5M | 56.3M | 39.28M |
| Cash & Due from Banks | 1.65B | 1.42B | 1.59B | 682.26M | 813.95M | 1.32B | 1.49B | 1.06B | 1.09B | 919.24M | 732.68M | 772.13M | 724.64M | 423.62M | 296.59M | 225.43M | 167.5M | 56.3M | 39.28M |
| Short Term Investments | 0 | 0 | 24.15M | 33.86M | 0 | 0 | 0 | 10.02M | 19.96M | 11.89M | 46.69M | 49.11M | 46.65M | 116.16M | 115.24M | 20.65M | 0 | 0 | 0 |
| Total Investments | 2.97B | 2.47B | 2.03B | 2.24B | 2.36B | 2.12B | 970.97M | 277.44M | 201.18M | 153.51M | 208.43M | 181.54M | 120.43M | 198.74M | 183.79M | 31.21M | 0 | 0 | 0 |
| Investments Growth % | 50.07% | 21.4% | -9.13% | -5.36% | 11.73% | 117.88% | 249.98% | 37.9% | 31.06% | -26.35% | 14.81% | 50.74% | -39.4% | 8.14% | 488.87% | - | - | - | - |
| Long-Term Investments | 9.47B | 2.47B | 2.01B | 2.2B | 2.36B | 2.12B | 970.97M | 267.42M | 181.22M | 141.62M | 161.74M | 132.43M | 73.78M | 82.58M | 68.54M | 10.56M | 0 | 0 | 0 |
| Accounts Receivables | 196.34M | 110.56M | 39.51M | 33.96M | 27.5M | 35.84M | 26.54M | 17.47M | 10.41M | 7.61M | 4.41M | 12.79M | 11.46M | 46.38M | 40.44M | 41.31M | 33.41M | 29.16M | 14.08M |
| Goodwill & Intangibles | 369M | 374.4M | 397.94M | 420.48M | 445.08M | 466.94M | 491.78M | 520.99M | 551.12M | 582.38M | 451.05M | 473.78M | 417.2M | 30.68M | 30.8M | 11.5M | 0 | 0 | 0 |
| Goodwill | 369M | 301.79M | 301.79M | 301.79M | 301.79M | 301.79M | 301.79M | 301.79M | 301.79M | 301.79M | 208.35M | 208.08M | 144.66M | 27.25M | 27.25M | 10.82M | 0 | 0 | 0 |
| Intangible Assets | 0 | 72.61M | 96.15M | 118.69M | 143.29M | 165.15M | 189.99M | 219.2M | 249.33M | 280.59M | 242.7M | 265.7M | 272.54M | 3.43M | 3.55M | 684K | 0 | 0 | 0 |
| PP&E (Net) | 199.98M | 199.41M | 199.19M | 184.72M | 168.54M | 146.31M | 146.53M | 171.85M | 120.27M | 97.28M | 82.62M | 78.88M | 77.28M | 60.47M | 58.38M | 27.28M | 18.03M | 11.97M | 7.1M |
| Other Assets | 202.52M | 211.06M | 275.91M | 253.74M | 228.87M | 172.53M | 79.82M | 49.3M | 50.69M | 48.54M | 26.85M | 27.2M | 32.06M | 32.3M | 33.16M | 39.91M | 17.83M | 25.76M | 8.11M |
| Total Current Assets | 2.83B | 2.64B | 2.43B | 1.64B | 1.47B | 1.81B | 2.41B | 1.44B | 1.38B | 1.32B | 1.01B | 975.29M | 1.01B | 666.07M | 530.22M | 336.6M | 249.89M | 145.38M | 82.04M |
| Total Non-Current Assets | 3.82B | 3.34B | 3.01B | 3.18B | 3.32B | 2.92B | 1.7B | 1.02B | 911.16M | 876.33M | 726.91M | 716.16M | 604.63M | 209.4M | 195.51M | 89.26M | 35.87M | 37.73M | 15.2M |
| Total Assets | 6.65B | 5.99B | 5.43B | 4.82B | 4.79B | 4.73B | 4.12B | 2.46B | 2.29B | 2.2B | 1.74B | 1.69B | 1.61B | 875.47M | 725.73M | 425.86M | 285.76M | 183.11M | 97.25M |
| Asset Growth % | 36.56% | 10.14% | 12.81% | 0.58% | 1.35% | 14.83% | 67.25% | 7.58% | 4.08% | 26.27% | 2.89% | 4.78% | 84.39% | 20.63% | 70.42% | 49.03% | 56.06% | 88.29% | - |
| Return on Assets (ROA) | -1.18% | -1.73% | -0.52% | 0.14% | 1.35% | 1.07% | 0.7% | 4.21% | 5.29% | 4.36% | 2.42% | 2.32% | 3.43% | 4.25% | 8.2% | 14.64% | 18.01% | 26.51% | 17.83% |
| Accounts Payable | 101.43M | 114.71M | 103.77M | 119.87M | 113.89M | 51.35M | 34.82M | 37.88M | 38.63M | 34.86M | 22.86M | 37.19M | 36.44M | 34.94M | 31.41M | 15.44M | 17.63M | 33.2M | 28.04M |
| Total Debt | 65.52M | 65.47M | 59.58M | 67.06M | 43.41M | 15.13M | 24.81M | 68.59M | 58.7M | 79.61M | 100.69M | 121.65M | 142.62M | 49.93M | 50.72M | 42.15M | 0 | 0 | 0 |
| Net Debt | -1.58B | -1.36B | -1.53B | -615.21M | -770.53M | -1.31B | -1.47B | -994.84M | -1.04B | -839.63M | -631.99M | -650.48M | -582.02M | -373.69M | -245.87M | -183.28M | -167.5M | -56.3M | -39.28M |
| Long-Term Debt | 65.15M | 63.54M | 48.53M | 0 | 35M | 0 | 0 | 35M | 0 | 58.7M | 79.72M | 100.69M | 121.65M | 0 | 0 | 0 | 0 | 0 | 0 |
| Short-Term Debt | 375K | 325K | 0 | 61M | 0 | 0 | 235K | 380K | 58.7M | 20.91M | 20.97M | 20.97M | 20.97M | 49.93M | 50.72M | 42.15M | 0 | 0 | 0 |
| Other Liabilities | 203K | 282K | 1.04M | 1.9M | 5.78M | 3.53M | 4.28M | 10.88M | 30.93M | 30.52M | 12.33M | 37.89M | 31.3M | 34.08M | 18.56M | 6.24M | 3.74M | 2.76M | 27.39M |
| Total Current Liabilities | 5.64B | 5.03B | 4.5B | 3.95B | 3.96B | 3.64B | 3.08B | 1.45B | 1.34B | 1.34B | 960.8M | 888.27M | 830.13M | 438.85M | 379.41M | 161.65M | 111.51M | 104.73M | 63.2M |
| Total Non-Current Liabilities | 65.35M | 65.42M | 58.21M | 4.58M | 46.02M | 11.74M | 27.86M | 88.1M | 39.97M | 97M | 95.81M | 139.85M | 155.17M | 34.38M | 18.56M | 11.01M | 9.12M | 7.01M | 29.58M |
| Total Liabilities | 5.71B | 5.09B | 4.56B | 3.96B | 4.01B | 3.65B | 3.11B | 1.53B | 1.38B | 1.43B | 1.06B | 1.03B | 985.3M | 473.23M | 397.96M | 172.66M | 120.63M | 111.74M | 92.78M |
| Total Equity | 940.5M | 890.25M | 873.59M | 859.35M | 781.48M | 1.07B | 1.01B | 927.36M | 909.81M | 764.55M | 683.73M | 663.32M | 628.99M | 402.25M | 327.76M | 253.2M | 165.13M | 71.36M | 4.47M |
| Equity Growth % | 4.97% | 1.91% | 1.66% | 9.96% | -27.01% | 6.02% | 8.89% | 1.93% | 19% | 11.82% | 3.08% | 5.46% | 56.37% | 22.73% | 29.45% | 53.33% | 131.39% | 1497.22% | - |
| Equity / Assets (Capital Ratio) | 14.14% | 14.87% | 16.08% | 17.84% | 16.32% | 22.66% | 24.54% | 37.69% | 39.78% | 34.79% | 39.29% | 39.22% | 38.96% | 45.95% | 45.16% | 59.46% | 57.79% | 38.97% | 4.59% |
| Return on Equity (ROE) | -7.74% | -11.21% | -3.08% | 0.82% | 6.93% | 4.56% | 2.39% | 10.88% | 14.18% | 11.86% | 6.18% | 5.95% | 8.28% | 9.33% | 16.26% | 24.9% | 35.71% | 98.01% | 387.98% |
| Book Value per Share | 16.21 | 16.16 | 16.32 | 16.37 | 14.51 | 19.39 | 18.81 | 17.45 | 16.70 | 14.37 | 13.46 | 12.79 | 15.06 | 10.83 | 9.12 | 6.02 | 5.94 | 1.76 | 0.14 |
| Tangible BV per Share | 9.85 | 9.36 | 8.89 | 8.36 | 6.24 | 10.93 | 9.65 | 7.65 | 6.58 | 3.42 | 4.58 | 3.65 | 5.07 | 10.00 | 8.27 | 5.75 | 5.94 | 1.76 | 0.14 |
| Common Stock | 57K | 56K | 55K | 53K | 52K | 55K | 54K | 52K | 53K | 51K | 51K | 51K | 51K | 38K | 35K | 35K | 40K | 13K | 12K |
| Additional Paid-in Capital | 0 | 427.48M | 408.01M | 375.98M | 340.57M | 401.06M | 354.46M | 296.22M | 380.75M | 354.79M | 358.15M | 379.38M | 383.3M | 199.25M | 158.66M | 131.38M | 95.43M | 12.6M | 3.59M |
| Retained Earnings | 698.49M | 644.74M | 743.6M | 770.3M | 763.58M | 699.37M | 651.89M | 629.04M | 529.14M | 410.44M | 325.71M | 284.11M | 245.69M | 203M | 168.96M | 121.74M | 69.66M | 27.43M | -12.25M |
| Accumulated OCI | -185.96M | -182.02M | -278.08M | -286.99M | -322.73M | -29.81M | 3.43M | 2.04M | -137K | -730K | -181K | -215K | -52K | -47K | 106K | 30K | 0 | 0 | 0 |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Preferred Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2K | 2K | 7K | 7K | 7K | 0 | 31.32M | 18.34M |
Regulatory and margin compression
As reported in recent financial filings, Green Dot's total assets have grown from $4.8B in 2023Q4 to $6.7B in 2026Q1, yet this expansion has not translated into proportional equity growth, suggesting that the company is funding its asset base primarily through increased deposit liabilities.
The divergence between asset growth and stagnant equity suggests that the company is operating with higher leverage on its balance sheet to support its banking operations. Investors should monitor whether this asset accumulation is generating sufficient returns or if it merely reflects the scaling of low-margin deposit-taking activities.
Based on reported figures, Green Dot maintains a modest debt-to-equity ratio of 0.07 as of 2026Q1, indicating that the company has avoided significant reliance on external debt financing despite the ongoing costs associated with its multi-year technology platform migration and infrastructure modernization efforts.
The low debt load provides a degree of financial flexibility, which is critical given the company's current negative net margin profile. This conservative capital structure suggests that management is prioritizing balance sheet stability over aggressive debt-fueled expansion while navigating a challenging regulatory and competitive environment.
According to recent SEC filings, Green Dot's cash and equivalents reached $1.6B in 2026Q1, providing a substantial liquidity buffer that appears sufficient to absorb current operational losses and fund the necessary capital expenditures required for the company's ongoing technological transition and regulatory compliance initiatives.
While the current ratio remains below 1.0, this is typical for a financial institution holding significant customer deposits as liabilities. The substantial cash position serves as a vital safeguard, ensuring the company can meet its obligations even during periods of seasonal revenue volatility or unexpected regulatory headwinds.
As evidenced by the company's quarterly balance sheets, equity has remained relatively stable, hovering near $940M in 2026Q1, which suggests that retained earnings are being offset by the persistent net losses and potential share-based compensation impacts observed in recent reporting periods.
The lack of meaningful growth in retained earnings warrants further investigation into the sustainability of the company's current business model. Investors should watch for signs of dilution or further erosion of equity if the company fails to achieve consistent profitability in the coming quarters.
Data from recent filings indicates that goodwill remains a material component of the balance sheet at $369M in 2026Q1, which may pose a risk of future impairment charges if the company's core business segments fail to meet long-term growth and profitability expectations.
The presence of significant goodwill suggests that past acquisitions are still being carried at values that may not reflect current market realities. If the company's competitive position in the BaaS or consumer segments continues to face pressure, these intangible assets could become a source of balance sheet volatility.
Quick answers to the most common questions about buying GDOT stock.
As of 2025, Green Dot Corporation (GDOT) had total assets of $5.99B including $2.64B in current assets.
Green Dot Corporation (GDOT) carries total debt of $65.5M. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
Green Dot Corporation (GDOT) has total shareholders' equity (book value) of $890.2M ($16.16 book value per share). Book value represents the net worth of the company belonging to common stock holders.
Green Dot Corporation (GDOT) reported a current ratio of 0.52x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.