In Q1 FY2026 (ended March 31, 2026), Dave Inc. reported revenue of $158.4 million, up 46.7% year-over-year. Net income surged to $57.9 million, a 101.1% increase, with diluted EPS of $4.02, up 104.1%. The company had $133.3 million in cash, $203.8 million in equity, and no long-term debt as of the end of the quarter.
•Revenue grew 46.7% YoY to $158.4 million.
•Net income rose 101.1% YoY to $57.9 million.
•Diluted EPS increased 104.1% to $4.02.
•No long-term debt outstanding as of December 31, 2025.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Dave provides various financial products and services through its financial services platform in the United States. It offers Budget, personal financial management tool that helps members anticipate upcoming transactions and receive notifications by utilizing historical bank account data to identify recurring charges. Its portfolio also includes ExtraCash, a form of a discretionary overdraft to bridge liquidity gaps between paycheck, and Side Hustle, a job application portal to find supplemental or temporary work Dave Checking, a digital demand deposit account. Founded in 2015, Dave is headquartered in Los Angeles, California.
What does Dave Inc. do and what are its main products?
Dave Inc. is a financial technology company that provides a range of financial products and services through its platform in the United States. Its main offerings include Budget, a personal financial management tool that helps users anticipate upcoming transactions and receive notifications by analyzing historical bank account data to identify recurring charges. The company also offers ExtraCash, a form of discretionary overdraft designed to bridge liquidity gaps between paychecks. Additionally, Dave provides Side Hustle, a job application portal for finding supplemental or temporary work, and Dave Checking, a digital demand deposit account. These products aim to help consumers manage their finances, access short-term credit, and find additional income opportunities.
Where is Dave Inc. listed and what currency does it trade in?
Dave Inc. is listed on the Nasdaq Stock Market under the ticker symbol DAVE, specifically on the Nasdaq Global Market (NasdaqGM). The company trades in U.S. dollars (USD), which is the official currency of the United States where it is headquartered and operates. As a U.S.-based company listed on a major American exchange, its stock is accessible to investors through brokerage accounts that support Nasdaq listings.
What sector and industry does Dave Inc. belong to?
Dave Inc. operates in the Technology sector and is classified under the Software - Application industry. This means the company develops and provides software-based applications, specifically financial technology solutions. Its products, such as Budget and Dave Checking, are software-driven platforms that deliver financial services to consumers. The Software - Application industry includes companies that create specialized software for various purposes, and Dave's focus on personal finance management and digital banking aligns with this category.
Where is Dave Inc. headquartered and what markets does it serve?
Dave Inc. is headquartered in Los Angeles, California, United States. The company was founded in 2015 and primarily serves the U.S. market, as indicated by its description stating it provides financial products and services through its platform in the United States. Its offerings are tailored to American consumers, addressing common financial needs such as budgeting, short-term liquidity, and job searching. While it may have a digital presence accessible from other regions, its core operations and customer base are focused within the United States.
How does Dave Inc. generate revenue through its business model?
Dave Inc. generates revenue primarily through its financial services platform, which includes several monetizable products. The ExtraCash feature, a discretionary overdraft service, likely earns fees or interest from users who access short-term credit to bridge paycheck gaps. Dave Checking, a digital demand deposit account, may generate revenue through interchange fees from debit card transactions or account-related fees. Additionally, the Budget tool and Side Hustle job portal could contribute indirectly by driving user engagement and cross-selling opportunities. The company's model focuses on providing value-added financial tools that encourage user adoption and transaction volume.