Dave Inc. income statement
In fiscal 2025, Dave Inc. reported revenue of $554m, up 59.7% on the year before and net income of $196m, or $13.53 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|
| Revenue | 153 | 205 | 259 | 347 | 554 | 644 |
| Operating income | −6 | — | — | — | — | — |
| Interest expense | 3 | 9 | 12 | 8 | 7 | 7 |
| Provision for credit losses | — | 66 | 3,600 | 5,100 | 7,600 | 8,700 |
| Income before tax | −20 | −129 | −48 | 60 | 168 | 207 |
| Income tax | 0 | −0 | 0 | 2 | −28 | −15 |
| Net income | −20 | −129 | −49 | 58 | 196 | 223 |
| Diluted EPS | −$4.69 | −$11.12 | −$4.07 | $4.19 | $13.53 | $15.68 |
| Diluted shares (average) | 4m | 12m | 12m | 14m | 14m | 14m |
| EBITDA | −3 | — | — | — | — | — |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 92 | 101 | 108 | 132 | 151 | 164 | 158 | 171 |
| Interest expense | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| Provision for credit losses | 1,360 | 1,500 | 1,500 | 1,800 | 2,000 | 2,300 | 2,100 | 2,300 |
| Income before tax | 1 | 17 | 34 | 12 | 58 | 64 | 70 | 15 |
| Income tax | 0 | 1 | 5 | 2 | −34 | −2 | 12 | 8 |
| Net income | 0 | 17 | 29 | 9 | 92 | 66 | 58 | 7 |
| Diluted EPS | $0.03 | $1.17 | $1.97 | $0.62 | $6.34 | $4.57 | $4.02 | $0.49 |
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