Company research
Dave Inc./DE
CIK 1841408Updated Sep 24, 2026
Name history
VPC Impact Acquisition Holdings III, Inc. · through Jan 7, 2022
DAVE price & chart
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NASDAQ:DAVE on TradingView ↗About the company
Dave (Nasdaq: DAVE) is a U.S. neobank pioneering innovative credit products for everyday Americans. For more information about the Company, visit: www.dave.com. For investor information and updates, visit: investors.dave.com and follow @davebanking on X.
In the news
Dave to Host Second Quarter 2026 Conference Call on August 5, 2026 at 5:00 p.m. ET ↗
Dave Reports First Quarter 2026 Financial Results ↗
Dave to Host First Quarter 2026 Conference Call on May 5, 2026 at 5:00 p.m. ET ↗
Recent filings
4 filing
4 filing
144 filing
4 filing
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
Items 5.02
Show 5 more recent filings
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 487,418,000Source | 299,327,000Source | 294,023,000Source | 321,492,000Source |
| Property, Plant and Equipment, NetUSD | 474,000Source | 704,000Source | 1,118,000Source | 1,026,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 80,523,000Source | 49,718,000Source | 41,759,000Source | 22,889,000Source |
| Assets, CurrentUSD | 436,696,000Source | 282,272,000Source | 276,886,000Source | 308,568,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | 18,078,000Source | 16,127,000Source | 7,955,000Source | 11,591,000Source |
| Operating Lease, Right-of-Use AssetUSD | 195,000Source | 507,000Source | 773,000Source | 735,000Source |
| Other Assets, NoncurrentUSD | 357,000Source | 380,000Source | 403,000Source | 137,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 134,691,000Source | 116,226,000Source | 206,960,000Source | 214,932,000Source |
| Stockholders’ equity: | ||||
| Preferred Stock, Value, IssuedUSD | 0Source | 0Source | — | 0Source |
| Additional Paid in CapitalUSD | 352,664,000Source | 335,326,000Source | 296,733,000Source | 270,037,000Source |
| Retained Earnings (Accumulated Deficit)USD | 43,418,000Source | -152,447,000Source | -210,320,000Source | -161,803,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | 374,000Source | 221,000Source | 649,000Source | 1,675,000Source |
| Stockholders' Equity Attributable to ParentUSD | 352,727,000Source | 183,101,000Source | 87,063,000Source | 106,560,000Source |
| Liabilities and EquityUSD | 487,418,000Source | 299,327,000Source | 294,023,000Source | 321,492,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 113,997,000Source | 35,061,000Source | 25,604,000Source | 36,417,000Source |
| Operating Lease, Liability, CurrentUSD | 63,000Source | 350,000Source | 298,000Source | 273,000Source |
| Accounts Payable, CurrentUSD | 8,358,000Source | 6,767,000Source | 5,485,000Source | 11,418,000Source |
| Operating Lease, Liability, NoncurrentUSD | 141,000Source | 204,000Source | 543,000Source | 550,000Source |
| Other Liabilities, NoncurrentUSD | 4,476,000Source | 3,033,000Source | 129,000Source | 124,000Source |
| Additional Financial Items | ||||
| Accrued Liabilities, CurrentUSD | 14,698,000Source | 16,707,000Source | 12,626,000Source | 10,965,000Source |
| Deferred Tax Liabilities, NetUSD | — | 0Source | 0Source | 0Source |
| Long-term Debt, Excluding Current MaturitiesUSD | 0Source | 75,000,000Source | 75,000,000Source | 75,000,000Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | 195,865,000Source | 57,873,000Source | -48,517,000Source | -128,906,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 7,131,000Source | 7,681,000Source | 5,544,000Source | 7,133,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts PayableUSD | 1,591,000Source | 1,282,000Source | -5,935,000Source | 330,000Source |
| Deferred Income Tax Expense (Benefit)USD | -34,235,000Source | 0Source | 0Source | 0Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 290,023,000Source | 125,137,000Source | 33,754,000Source | -44,883,000Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -202,748,000Source | -45,843,000Source | -14,375,000Source | -285,579,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 317,000Source | 262,000Source | 688,000Source | 728,000Source |
| Cash flows from financing activities: | ||||
| Payment, Tax Withholding, Share-based Payment ArrangementUSD | 13,319,000Source | — | — | — |
| Payments for Repurchase of Common StockUSD | 43,730,000Source | — | 0Source | 536,000Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -56,288,000Source | -70,995,000Source | 22,000Source | 321,767,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 82,364,000Source | 51,377,000Source | 43,078,000Source | 23,677,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 6,933,000Source | 7,652,000Source | 8,630,000Source | 5,677,000Source |
| Income Taxes Paid, NetUSD | 5,581,000Source | — | — | — |
| Additional Financial Items | ||||
| Share-based Payment Arrangement, ExpenseUSD | 29,900,000Source | 37,300,000Source | 26,700,000Source | — |
| Amortization of Intangible AssetsUSD | 6,400,000Source | 6,900,000Source | 4,900,000Source | 6,300,000Source |
| DepreciationUSD | 500,000Source | 700,000Source | 600,000Source | 400,000Source |
| Derivative, Gain (Loss) on Derivative, NetUSD | — | — | 0Source | -5,572,000Source |
| FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversalUSD | 7,600,000,000Source | 5,100,000,000Source | — | — |
| Gain (Loss) on Extinguishment of DebtUSD | 0Source | 33,442,000Source | 0Source | 4,290,000Source |
| Goodwill, Impairment LossUSD | 0Source | 0Source | 0Source | 0Source |
| Income Tax Expense (Benefit)USD | -27,838,000Source | 2,481,000Source | 120,000Source | -67,000Source |
| Marketable Securities, Realized Gain (Loss), Excluding Other-than-temporary Impairment LossUSD | 3,000Source | 80,000Source | — | — |
| Net Income (Loss) Attributable to ParentUSD | 195,865,000Source | 57,873,000Source | -48,517,000Source | -128,906,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | 195,865,000Source | 57,873,000Source | -48,517,000Source | -128,906,000Source |
| Operating ExpensesUSD | 367,559,000Source | 312,465,000Source | 301,293,000Source | 339,233,000Source |
| Other Nonoperating Income (Expense)USD | -18,596,000Source | 25,743,000Source | -6,197,000Source | 5,422,000Source |
| Proceeds from Stock Options ExercisedUSD | 761,000Source | 1,266,000Source | 34,000Source | 620,000Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 554,182,000Source | 347,076,000Source | 259,093,000Source | 204,838,000Source |
| Other Nonoperating Income (Expense)USD | -18,596,000Source | 25,743,000Source | -6,197,000Source | 5,422,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | 168,027,000Source | 60,354,000Source | -48,397,000Source | -128,973,000Source |
| Income Tax Expense (Benefit)USD | -27,838,000Source | 2,481,000Source | 120,000Source | -67,000Source |
| Net Income (Loss) Attributable to ParentUSD | 195,865,000Source | 57,873,000Source | -48,517,000Source | -128,906,000Source |
| Earnings Per Share, BasicUSD per share | 14.65Source | 4.62Source | -4.07Source | -11.12Source |
| Earnings Per Share, DilutedUSD per share | 13.53Source | 4.19Source | -4.07Source | -11.12Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 13,366,072Source | 12,520,789Source | 11,934,699Source | 11,587,901Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 14,480,703Source | 13,822,582Source | 11,934,699Source | 11,587,901Source |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 6,400,000Source | 6,900,000Source | 4,900,000Source | 6,300,000Source |
| Current Income Tax Expense (Benefit)USD | 6,397,000Source | 2,481,000Source | 120,000Source | -67,000Source |
| Debt Securities, Gain (Loss)USD | — | — | — | 10,000Source |
| FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversalUSD | 7,600,000,000Source | 5,100,000,000Source | — | — |
| Goodwill, Impairment LossUSD | 0Source | 0Source | 0Source | 0Source |
| Interest ExpenseUSD | 7,043,000Source | 7,989,000Source | 11,774,000Source | 9,197,000Source |
| Marketable Securities, Realized Gain (Loss), Excluding Other-than-temporary Impairment LossUSD | 3,000Source | 80,000Source | — | — |
| Marketing and Advertising ExpenseUSD | — | 44,904,000Source | 48,392,000Source | 69,038,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | 195,865,000Source | 57,873,000Source | -48,517,000Source | -128,906,000Source |
| Operating ExpensesUSD | 367,559,000Source | 312,465,000Source | 301,293,000Source | 339,233,000Source |
| Other Cost and Expense, OperatingUSD | 33,396,000Source | 75,530,000Source | 70,679,000Source | 68,551,000Source |
| Preferred Stock Dividends, Income Statement ImpactUSD | — | — | — | 0Source |
Filing attachments
dave-ex99_1.htm · 8-K · 2026-08-05
EX-99.1 2 dave-ex99_1.htm EX-99.1 EX-99.1 Exhibit 99.1 Dave Reports Second Quarter 2026 Financial Results Q2 Revenue Grows 30% Y/Y to $170.8 Million Driven by Continued MTM Growth and ARPU Expansion 28-DPD Rate Improves 14 Basis Points Y/Y to 2.12%, While ExtraCash Originations Grew 27% Y/Y to $2.3 Billion Net Income of $6.7 Million Includes $36.9 Million of Non-Cash Warrant and Earnout Remeasurement Charges Adj. EBITDA Increases 48% Y/Y to $75.5 Million, Representing a 44% Margin Rai…
Read attachment ↗dave-ex99_1.htm · 8-K · 2026-05-05
EX-99.1 2 dave-ex99_1.htm EX-99.1 EX-99.1 Exhibit 99.1 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 Deploys Approximately $195 Million in Share Repurchase Activity, Repr…
Read attachment ↗