NASDAQ$DAVE

Dave Inc. · Q1 2025 earnings

Q1 2025 earnings · · Before market open · Investor relations

Briefing

Dave reported Q1 2025, revenue of $108M, net income of $28.8M, diluted EPS of $1.97.

For Q1 2025, Dave reported revenue of $108M, net income of $28.8M, diluted EPS was $1.97. Management discusses operating trends, capital, and sector risks in the quarterly filing.

  • Q1 2025 revenue $108M.
  • Net income $28.8M.
  • Diluted EPS $1.97.

Headline financials

Total Revenue

$108M

Previous: $73.6M+46.7%
EPS (adj)

$2.48

Previous: $2.60-4.6%
Monthly Transacting Members

2.5M

No prior period
New Members

569.0K

No prior period
Customer Acquisition Cost

$18.00

No prior period
Dave Debit Card Spend

$488M

No prior period
ExtraCash Originations

$1.5B

No prior period
28-Day Past Due Rate

1.5%

No prior period
Non-GAAP Gross Margin

77.0%

No prior period
Capital Expenditures

-$37K

Previous: -$12K-208.3%
Net Income

$28.8M

Previous: $34.2M-15.9%
Operating Income

$35.2M

Previous: $5.4M+552.0%

Revenue & EPS history

Dave · Revenue · Quarterly

$108M

Q1 2025+46.7%vs Q1 2024
Beat estimate in 13 of 15 quarters(87%)
ActualEstimate

Forward guidance

Digital platforms emphasize user growth, monetization, and adjusted profitability; GAAP EPS may swing with stock-based compensation and fair-value items.

Tailwinds

  • Raised full-year 2025 GAAP Operating Revenues, Net guidance.
  • Raised full-year 2025 Adjusted EBITDA guidance.
  • Increased confidence in the new fee model.
  • Positive growth outlook.
  • Demonstrated continued financial strength and operating efficiency.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q1 2025

Historical avgQ1 2025

+6.5%

Avg return

Earnings day

+6.5%

Avg return

5 days after

+2.6%

Avg return

30 days after

60%

12 / 20 earnings

Positive

+52.6%

Q3 2024

Best reaction

-10.4%

Q2 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-5.6%-8.3%-6.3%
Q4 2025+5.1%+9.2%-13.2%
Q3 2025-2.2%-1.9%-12.5%
Q1 2025+41.3%+68.6%+105.5%
Q4 2024-4.9%-12.3%-16.5%
Q3 2024+52.6%+35.1%+45.1%
Q2 2024-6.3%-8.3%+10.7%
Q1 2024+9.1%+5.5%-21.1%
Q4 2023+44.4%+64.4%+72.5%
Q3 2023+4.7%-2.2%+17.6%
Q2 2023+0.3%+11.2%+5.6%
Q1 2023-8.5%-6.0%+11.3%
Q4 2022-8.3%-16.4%-31.7%
Q3 2022+21.4%+21.4%+25.7%
Q2 2022-10.4%-16.3%-34.5%
Q1 2022+2.0%+12.9%-56.9%
Q4 2021-5.4%-28.0%-50.5%
Q3 2021+0.1%-0.4%-0.4%
Q2 2021+0.1%-0.2%+1.1%
Q1 2021+1.6%+1.6%+1.6%
Q4 2020
Q3 2020
Q2 2020
Q1 2020
Q2 2019
Q1 2019
Q4 2018
Q3 2018
Q2 2018
Q1 2018
Q4 2017
Q3 2017
Q2 2017
Q1 2017
Q4 2016
Q3 2016
Q2 2016
Q1 2016
Q4 2015
Q3 2015
Q2 2015
Q1 2015
Q4 2014
Q3 2014
Q2 2014
Q1 2014
Q4 2013
Q3 2013
Q2 2013
Q1 2013
Q4 2012
Q3 2012
Q2 2012

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