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Dave Inc. Q3 revenue jumps 31% driven by record new members and improved credit metrics, raising 2026 guidance.

Company Fundamentals
04 Nov 2026, 23:15 WIB
PRNewsWire
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Bullish
Dave Inc. Q3 revenue jumps 31% driven by record new members and improved credit metrics, raising 2026 guidance.

Dave Inc. reported a strong Q3 2026 with revenue up 31% year-over-year to $198 million, fueled by record new member acquisition and growth in monthly transacting members and average revenue per user. Credit quality improved with the 28-day past due rate dropping to 2.09%, and monetization rates reached a five-year high. The company also saw net income of $64 million and adjusted EBITDA growth of 39% to $82 million, prompting an increase in full-year 2026 revenue, EBITDA, and earnings per share guidance. Dave's new Pay in Four credit card, Dave Flex, gained traction with growing active users, supporting future growth prospects.

Dave Inc.'s Q3 2026 results showed a 31% revenue increase year-over-year to $198 million, with net income of $64 million and adjusted EBITDA growth of 39% to $82 million. For readers following the Financials sector, here is Pluang's market snapshot as of Nov 05, 2026 04:11 WIB: out of 142 priced Financials-sector US stocks, 96 rose and 46 fell. Notable movers include HUT (Hut 8 Corp) down 23.23%, SEZL (Sezzle Inc) up 21.70%, and UNM (Unum Group Common Stock) down 17.63%.

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