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Dave, Inc. DAVE Q2 2026 earnings

Reported August 5, 2026 · After market close

Revenue$170.8MMiss by $311.0K
EPS$0.49Miss by $2.95
Revenue estimate$171.1M
EPS estimate$3.44
“We closed the first half with our ninth consecutive quarter of at least 30% year-over-year revenue growth as we once again demonstrated the strength and durability of our business. The rollout of CashAI v6.0, alongside the relaxing of legacy fee caps and planned higher ExtraCash limits, gives us even greater conviction in our ARPU outlook. In addition, early engagement with Dave Flex has been promising and we continue to expand test cohorts. At the same time, we expect MTM growth to accelerate in the second half of 2026, supported by strong member acquisition trends.”
Jason Wilk

Next report

Nov 3, 2026 (in a month)
Revenue estimate$191.5M
EPS estimate$4.41

Financials

Q2 2026

Income statement

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Revenue$170.8M+29.6%
Net income$6.7M-26.0%
EPS (diluted)$0.49-21.0%

Balance sheet

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Cash & equivalents$209.6M+240%
Total debt$333.0K-99.6%
Total equity$207.9M-4.2%
Total assets$570.8M+57.0%

Cash flow

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Operating cash flow$68.4M+0.2%
CapEx$232.0K+82.7%
Free cash flow$68.1M+0.1%

Valuation & ratios

Valuation

as of 10/02/26
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Market cap$4.33B+57.1%
Enterprise value$4.12B+48.2%
P/E19.5×+0.7×
P/S6.7×+1.1×

Profitability

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Net margin34.6%+21.9pp
FCF margin50.7%+6.4pp

Returns & leverage

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Return on equity104.8%+74.1pp
Debt / equity0×-0.3×
Current ratio4.2×-5.3×

Segments

By product

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Processing And Overdraft Service Fees Net$144.9M—
Subscriptions$15.1M+87.1%
Interchange Revenue Net$6.0M+0.3%
Transaction Based Revenue Other Net$4.1M+19.8%
Atm Revenue Net$633.0K-15.0%

FAQ

When did Dave, Inc. report Q2 2026 earnings?
Dave, Inc. (DAVE) reported Q2 2026 earnings on August 5, 2026 after market close.
What were Dave, Inc.'s Q2 2026 revenue and EPS?
Dave, Inc. reported revenue of $170.8M and eps of $0.49 for Q2 2026.
Did Dave, Inc. beat estimates in Q2 2026?
Revenue missed the consensus estimate of $171.1M by $311.0K. EPS missed the consensus estimate of $3.44 by $2.95.
How did Dave, Inc.'s Q2 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 29.6% from $131.8M a year earlier and eps declined 84.4% from $3.14.
Where can I find Dave, Inc.'s Q2 2026 SEC filings?
You can read the 8-K earnings release (0001193125-26-335119) and the 10-Q periodic report (0001193125-26-335154) directly on SEC EDGAR. The filing index links above go to sec.gov.