Dave Inc. Reports Strong Q3 2026 Results and Raises Full-Year Guidance
Dave Inc. (DAVE) reported robust third-quarter 2026 financial results, highlighted by a 31% year-over-year revenue increase to $198 million. Growth was primarily driven by record member acquisition—adding over 1.1 million new members—and expanded monetization through fee cap adjustments and subscription services. The company's deployment of the Cash AI V6.0 underwriting model contributed to higher average advance sizes and improved credit performance. Driven by these strong fundamentals, management raised its full-year 2026 revenue guidance to a range of $746 million to $750 million and increased its Adjusted EBITDA outlook. Despite rising customer acquisition costs, the company maintained healthy margins and significant liquidity, ending the quarter with $315 million in cash and investments while successfully repaying its Victory Park debt facility.
Tickers: $DAVE
Topics: financial results member acquisition monetization revenue growth