Dave Q2 revenue rises 30% to $170.8 million; raises 2026 guidance
Dave Inc. reported second-quarter 2026 revenue of $170.8 million, up 30% from a year earlier, and raised its full-year 2026 revenue, Adjusted EBITDA and Adjusted Diluted EPS guidance. GAAP net income fell 26% to $6.7 million, including $36.9 million of non-cash warrant and earnout remeasurement charges. Higher sales and guidance sit alongside lower GAAP profit, so the results point in mixed directions for shareholders.
Key points
- Q2 2026 GAAP operating revenues rose 30% to $170.8 million from $131.7 million.
- GAAP net income was $6.7 million, down 26% from $9.1 million, including $36.9 million of non-cash warrant and earnout remeasurement charges.
- Adjusted EBITDA rose 48% to $75.5 million, a 44% margin.
- 2026 revenue guidance raised to $725 million–$735 million from $710 million–$720 million; Adjusted Diluted EPS guidance raised to $17.00–$17.50 from $16.25–$16.75.
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 05, 2026.
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.