---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-115471"
form_type: "8-K"
ticker: "DAVE"
cik: "0001841408"
company_name: "Dave Inc./DE"
filed_at: "2025-05-08T23:59:59+00:00"
generated_at: "2026-05-22T05:27:55.899116+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Dave Q1 revenue hits $108.0M (+47% Y/Y); net income $28.8M; guides FY25 higher

## Summary
- GAAP net income $28.8M (vs $34.2M in Q1 2024); adjusted EBITDA $44.2M, up 235% Y/Y.
- ExtraCash originations $1.5B, up 46% Y/Y; 28-day delinquency rate improved 33bps to 1.50%.
- FY2025 revenue guidance raised to $460-475M (prior $415-435M); Adj. EBITDA guidance raised to $155-165M (prior $110-120M).
- Monthly transacting members rose 13% to 2.5M; Dave debit card spend up 24% to $488M.

## SEC filing metadata
- accession: 0001193125-25-115471
- form_type: 8-K
- ticker: DAVE
- cik: 0001841408
- company_name: Dave Inc./DE
- filed_at: 2025-05-08T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1841408/000119312525115471/0001193125-25-115471-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1841408/000119312525115471/d897700d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-115471
- JSON: https://secwatch.observer/filing/0001193125-25-115471.json
- Plain text: https://secwatch.observer/filing/0001193125-25-115471.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.