Dave Inc. Reports Q3 2026 Financial Results and Increases Receivables Capacity

11/5/2026
Impact: 65
Technology

Dave Inc. reported Q3 2026 revenue of $197.7 million, up 31% year over year, and adjusted EBITDA of $81.5 million, up 39%; net income fell 30.7% to $63.8 million. The company raised its full-year guidance and amended its agreement with Coastal Community Bank, increasing ExtraCash receivables capacity to $325 million and adding $25 million for credit card receivables. Monthly transacting members rose 18%, while Dave reported improved credit metrics following the launch of CashAI v6.0.

AI summary, not financial advice

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