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Dave, Inc. DAVE Change in loss reserves

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$12.3M+587%
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MGIC Investment Corp.MTG
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$187.86M-32.6%
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Palomar Holdings, Inc.PLMR
$44.52M+10.5%

Other financials

Income statement

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Revenue$158.4M+46.7%
Operating income-$3.0M
Net income$57.9M+101%
EPS (diluted)$4.02+104%

Balance sheet

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Cash & equivalents$133.3M+184%
Total debt$425.0K-99.4%
Total equity$203.8M+2.2%
Total assets$530.5M+68.1%

Cash flow

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Operating cash flow$82.0M+81.3%
CapEx$19.0K-48.6%
Free cash flow$82.0M+81.4%

Valuation

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Market cap$4.04B+113%

Profitability

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Operating margin-4.2%
Net margin37.2%+23.5pp
FCF margin54%+14.2pp

Returns & leverage

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Return on equity111.6%+79.5pp
Debt / equity-0.4×
Current ratio3.9×-4.7×

Where this comes from

Reported directly by Dave, Inc. in its filing.

Tagged under the XBRL concept us-gaap:IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve.

The official record: Dave, Inc.’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Dave, Inc.'s change in loss reserves?
Dave, Inc. (DAVE) reported change in loss reserves of $48K in Q1 2026.
How has Dave, Inc.'s change in loss reserves changed year-over-year?
Dave, Inc.'s change in loss reserves decreased by 11.1% year-over-year, from $54K to $48K.
What does change in loss reserves mean?
This reflects the net change in the company's estimated liabilities for future insurance claims or credit losses. It represents the adjustment to the provision for anticipated losses based on actuarial or historical data. Changes in this reserve directly impact operating expenses and reflect the company's assessment of credit or insurance risk.