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Earnings ·

Dave Inc. Reports Q3 Revenue of $198M and Raises Full-Year Guidance

DAVEDave Inc.

Dave Inc. reported third-quarter revenue of $198 million, a 31% increase year-over-year, driven by record new member acquisition and growth in monthly transacting members. Net income was $64 million, while adjusted EBITDA rose 39% to $82 million with a 41% margin. The company raised its full-year 2026 revenue guidance to $746–$750 million and adjusted EBITDA guidance to $327–$330 million. Additionally, Dave amended its partnership agreement with Coastal Community Bank to increase the maximum balance sheet receivables to $325 million.

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