earnings
confidence high
sentiment positive
materiality 0.80
Dave Q2 revenue $170.8M (+30% YoY), Adj. EBITDA $75.5M (+48%), raises FY guidance
Dave Inc./DE
- Revenue $170.8M, up 30% YoY; net income $6.7M includes $36.9M non-cash warrant/earnout charges.
- Adjusted EBITDA $75.5M (44% margin), up 48% YoY; Adj. diluted EPS $4.12, up 48% YoY.
- Raises FY 2026 revenue guidance to $725-735M, Adj. EBITDA to $315-325M, Adj. EPS to $17.00-17.50.
- MTM grew 17% to 3.08M; ExtraCash originations $2.3B (+27%); 28-DPD improved to 2.12%.
- Cash and investments $254.4M; $94.1M remaining under share repurchase authorization.