Producers Tim Lynch and Tim Wheeler will oversee two films about the band's history and current work, reports Billboard.
The first film will feature footage of Green Day recording their three upcoming albums ¡Uno!, ¡Dos!, and ¡Tré! as well as rehearsing for Japanese and European concerts.
The second documentary is to include never-before-seen clips of Green Day prior to their 1994 US breakthrough record Dookie.
Green Day's Billie Joe Armstrong said that Lynch and Wheeler's films will not fit the style of traditional rock music documentaries.
"It's not going to be the sitting down, head shot of me going, 'We started out blah blah blah'," Armstrong explained.
He continued: "We wanted to get into lifestyles of rock 'n' roll and playing rock 'n' roll and letting the story kind of tell itself rather than create revisionist [history]."
Both films are expected to premiere early next year, possibly at the Sundance Film Festival.
Green Day release ¡Uno! on September 25, ¡Dos! on November 13, and ¡Tré! on January 15, 2013 in the US.
They will also perform with No Doubt and Taylor Swift at Ryan Seacrest's iHeartRadio music festival in Las Vegas in September.
Watch Green Day's '21 Guns' music video below: