Dave raises 2026 guidance as Q3 revenue rises 31% to $198 million
Dave Inc. reported third-quarter 2026 results on November 4, 2026, with revenue up 31% year over year to $198 million, and raised its full-year 2026 guidance for revenue, adjusted EBITDA and adjusted diluted EPS. GAAP net income fell 31% to $64 million and adjusted diluted EPS slipped 1% to $4.39, so profit measures moved against the sales gain. The filing also discloses a November 3, 2026 amendment with Coastal Community Bank that allows up to $325 million of ExtraCash receivables to stay on the bank's balance sheet for up to 60 days.
Key points
- Q3 2026 GAAP revenue was $198 million, up 31% from a year earlier; GAAP net income was $64 million, down 31%.
- Adjusted diluted EPS was $4.39, down 1% from $4.45; adjusted EBITDA was $82 million, up 39%.
- 2026 revenue guidance was raised to $746 million-$750 million from $725 million-$735 million; adjusted EBITDA guidance to $327 million-$330 million from $315 million-$325 million.
- Under a Second Amendment to its Coastal Community Bank program agreement, effective November 3, 2026, ExtraCash receivables held on Coastal's balance sheet may reach up to $325 million.
The filing
Written by AI on Nov 7, 2026, 11:17 PM ET, from this filing only.
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.