secwatch.observer — SEC 8-K summary
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Issuer:     Dave Inc./DE (DAVE)
CIK:        0001841408
Form:       8-K
Filed at:   2026-02-05T23:59:59+00:00
Accession:  0001193125-26-039438
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Dave prelim Q4 rev $164M (+62% YoY), Adj EBITDA $73M; FY rev $554M, Adj EBITDA $227M; beat top-end of guidance
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- Q4 2025 GAAP operating revenue $164M, up 62% YoY; FY2025 revenue $554M, up 60% YoY.
- Q4 Adjusted EBITDA $73M (guidance $63M); FY Adjusted EBITDA $227M (guidance $217M), up 162% YoY.
- 4Q25 28DPD expected 1.95%-2.00%, improving from prior guidance of below 2.10%.
- CEO cites 3rd consecutive quarter of 60%+ revenue growth; full earnings call on March 2, 2026.
- Management views proposed 10% credit card rate cap as a tailwind for ExtraCash product.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1841408/000119312526039438/0001193125-26-039438-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1841408/000119312526039438/dave-20260205.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-039438

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer