Dave raises 2025 revenue guidance to $505-$515 million as Q2 revenue rises 64%
Dave Inc. reported second-quarter 2025 revenue of $131.7 million, up 64% from a year earlier, and GAAP net income of $9.1 million, up from $6.4 million. The company raised its full-year 2025 revenue and adjusted EBITDA guidance. A separate August 4, 2025 amendment with Coastal Community Bank allows up to $225 million of program receivables to be held on the bank's balance sheet for up to 60 days before sale to Dave.
Key points
- Q2 2025 GAAP operating revenues of $131.7 million, up 64% from $80.1 million in Q2 2024
- GAAP net income of $9.1 million and diluted EPS of $0.62, compared with $6.4 million and $0.47 a year earlier
- 2025 revenue guidance raised to $505-$515 million from $460-$475 million; adjusted EBITDA guidance raised to $180-$190 million from $155-$165 million
- Coastal Community Bank amendment dated August 4, 2025 covers receivables of up to $225 million
The filing
Written by AI on Nov 8, 2026, 1:01 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 06, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.