---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-206471"
form_type: "8-K"
ticker: "DAVE"
cik: "0001841408"
company_name: "Dave Inc./DE"
filed_at: "2026-05-05T23:59:59+00:00"
generated_at: "2026-05-14T23:33:20.163249+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Dave Q1 revenue $158.4M (+47% YoY); net income $57.9M (+101%); raises FY guidance

## Summary
- GAAP net income $57.9M, up 101% YoY; adjusted EBITDA $69.3M, up 57% YoY.
- 28-day past due rate hit record Q1 low of 1.69%; net monetization expanded to 5.1% (highest in 4+ years).
- Deployed ~$195M in share repurchases during Q1, representing 7.0% of shares outstanding.
- FY 2026 revenue guidance raised to $710-720M; Adj. EBITDA to $305-315M; Adj. diluted EPS to $16.25-16.75.

## SEC filing metadata
- accession: 0001193125-26-206471
- form_type: 8-K
- ticker: DAVE
- cik: 0001841408
- company_name: Dave Inc./DE
- filed_at: 2026-05-05T23:59:59+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/1841408/000119312526206471/0001193125-26-206471-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1841408/000119312526206471/dave-20260505.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-206471
- JSON: https://secwatch.observer/filing/0001193125-26-206471.json
- Plain text: https://secwatch.observer/filing/0001193125-26-206471.txt

## Key facts
- Earnings Releases
  Dave Inc./DE reported the first quarter ended March 31, 2026 results: revenue $158.4 million, net income $57.9 million, EPS $3.64 per diluted share.
  - Period: the first quarter ended March 31, 2026
  - Revenue: $158.4 million
  - Net income: $57.9 million
  - EPS: $3.64 per diluted share
  - Result: reported results
  source text: Dave Reports First Quarter 2026 Financial Results Q1 Revenue Grows 47% Y/Y to $158.4 Million Driven by Continued MTM Growth and ARPU Expansion 28-DPD Rate Reaches Record Q1 Low of 1.69%, While Net Monetization Expands to 5.1%, Marking Its Highest Level in Over Four Years Q1 Net Income Grows 101% Y/Y to $57.9 Million; Adj. EBITDA Increases 57% Y/Y to $69.3 Million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1841408/000119312526206471/0001193125-26-206471-index.htm
- Earnings Releases
  Dave Inc./DE reported fiscal year 2026 results: revenue $710 - $720 million, EPS $16.25 - $16.75 per diluted share. Guidance raised.
  - Period: fiscal year 2026
  - Revenue: $710 - $720 million
  - EPS: $16.25 - $16.75 per diluted share
  - Guidance: raised
  - Result: guidance update
  source text: 2026 Financial Guidance ($ in millions) Prior FY 2026 New FY 2026 GAAP Operating Revenues, Net $690 - $710 $710 - $720 Year-Over-Year Growth 25% - 28% 28% - 30% Adjusted EBITDA* $290 - $305 $305 - $315 Adj. Net Income per Diluted Share* $14.00 - $15.00 $16.25 - $16.75
  evidence_url: https://www.sec.gov/Archives/edgar/data/1841408/000119312526206471/0001193125-26-206471-index.htm

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