secwatch.observer — SEC 8-K summary
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Issuer:     Dave Inc./DE (DAVE)
CIK:        0001841408
Form:       8-K
Filed at:   2026-05-05T23:59:59+00:00
Accession:  0001193125-26-206471
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1841408/000119312526206471/0001193125-26-206471-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1841408/000119312526206471/dave-20260505.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-206471

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