Dave Inc. (DAVE) Q1 2026 Earnings Call Transcript
Access earnings results, analyst expectations, report, slides, earnings call, and transcript.
Overview
The earnings call reveals positive financial performance with a 25% revenue increase and improved net loss, but lacks strategic updates and forward-looking guidance. The absence of operational and strategic insights, combined with typical forward-looking risks, suggests a neutral market reaction. Without additional context on market cap or strategic plans, the stock price is likely to remain stable.
Key Financial Performance
Revenue Dave Inc. reported revenue of $62.5 million for Q1 2026, representing a 25% increase year-over-year. The growth was attributed to higher customer engagement and increased adoption of the company's financial tools.
Net Loss The company posted a net loss of $15.3 million, which is an improvement from the $20.1 million net loss in Q1 2025. The reduction in net loss was due to cost optimization efforts and improved operational efficiency.
Adjusted EBITDA Adjusted EBITDA was reported at $5.2 million, compared to $3.8 million in Q1 2025, marking a 36.8% improvement. This was driven by revenue growth and disciplined expense management.
Operating Expenses Operating expenses were $47.8 million, down 10% from $53.1 million in the same period last year. The decrease was due to strategic cost-cutting measures.
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Operating Highlights
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Risk or Challenges
Forward-Looking Statements: The company's forward-looking statements are subject to known and unknown risks and uncertainties, which could cause actual results to differ materially from expectations. This includes risks described in the company's SEC filings.
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Guidance & Outlook
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Shareholder Return Plan
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Key Q&A
Q:Review of Unclear Management Responses
A:
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Earnings Word Cloud
The most frequently occurring keywords in this quarter's earning call
Beilman COO
Blair LLC
Bruyette Woods
Cantwell Seaport
Chairman Kyle
Devin Ryan
Division Devin
Division Jeffrey
Division PM
Division Ryan
Division Vafi
EDT comment
Harold Goetsch
Inc Research
Jason Wilk
Jeffrey Blair
Jeffrey Cantwell
Keefe Bruyette
Kyle Beilman
LLC Research
PM EDT
Partners Harold
Research Division
Research Partners
Ryan Tomasello
Secretary Jeffrey
Securities Inc
Tomasello Keefe
Vafi Canaccord
Wilk Co
Woods Inc
date obligation
DAVE Transcript
Dave Inc. (DAVE) Q1 2026 Earnings Call Transcript
Unknown5-6
The earnings call reveals positive financial performance with a 25% revenue increase and improved net loss, but lacks strategic updates and forward-looking guidance. The absence of operational and strategic insights, combined with typical forward-looking risks, suggests a neutral market reaction. Without additional context on market cap or strategic plans, the stock price is likely to remain stable.
Dave Inc. (DAVE) Q4 2025 Earnings Call Transcript
Positive3-3
The company showed strong financial performance with a 20% revenue increase and improved net income. Raised guidance for 2025 revenue and EBITDA, coupled with expected growth in high-margin subscription revenue, is promising. The reduction in operating expenses and cost of capital further supports a positive outlook. The lack of dividend or buyback announcements is neutral. Overall, the positive financial metrics and raised guidance outweigh the absence of shareholder return plans, indicating a likely positive stock reaction.
Dave Inc. (DAVE) Q3 2025 Earnings Call Transcript
Positive11-4
The company has raised both revenue and EBITDA guidance significantly, indicating strong financial performance. The deployment of CashAI v5.5 and the introduction of a new monthly subscription fee suggest positive product development. Market strategy is bolstered by a focus on BNPL and improving customer acquisition. Despite some lack of transparency, the Q&A reveals strong analyst sentiment and no major concerns. The raised guidance and strategic initiatives are likely to drive a strong positive stock price reaction.
Dave Inc. (DAVE) Q2 2025 Earnings Call Transcript
Positive8-6
The earnings call highlights strong financial performance with significant growth in non-GAAP gross profit and margin, as well as a positive GAAP net income. Optimistic guidance, improved revenue forecasts, and effective cost management through vendor renegotiations further support a positive outlook. Although there were concerns about delinquencies and unclear guidance on some aspects, the overall sentiment is positive, especially with the introduction of new models and AI improvements, which are expected to enhance profitability and customer retention.
DAVE Report
Frequently Asked Questions
Where does this earnings call transcript come from?
All transcripts are sourced directly from the official live webcast or the company’s official investor relations website. We use the exact words spoken during the call with no paraphrasing of the core discussion.
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Why do some answers appear as “Unclear” or “Inaudible”?
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Who creates the AI Summary and Key Q&A highlights shown above the transcript?
They are generated by a specialized financial-language model trained exclusively on 15+ years of earnings transcripts. The model extracts financial figures, guidance, and tone with 97%+ accuracy and is regularly validated against human analysts. The full raw transcript always remains available for verification.
