DAVE is the ticker symbol for Dave Inc./DE, a publicly traded Financials sector company listed on Nasdaq. 13F Pro tracks DAVE with AI-powered analysis, a 32-signal quality score, SEC EDGAR financials, insider transactions, and institutional 13F holdings — all sourced directly from public SEC filings.

Is DAVE a good stock to buy?

13F Pro's AI ranking engine scores DAVE at 80.2/100, ranked #25 of 2,960 stocks based on 32 fundamental signals including profitability, growth, balance sheet strength, and free cash flow. The full AI verdict and bull/bear case for DAVE is available at https://13fpro.ai/company/DAVE. Not investment advice — review the underlying SEC filings before making any trade.

Where does 13F Pro source DAVE data?

All Dave Inc./DE fundamentals and ownership data come directly from SEC EDGAR. Dave Inc./DE files with the SEC under CIK 1841408. 13F Pro ingests XBRL financial facts from 10-K and 10-Q filings, Form 13F-HR institutional holdings, and Form 4 insider transactions, with no third-party rewrites or estimates.

Dave Inc./DE(DAVE)— Stock Profile, AI Score & Financials

Financials · Nasdaq · AI-powered stock analysis, 32-signal quality score, SEC EDGAR financials, and institutional holdings. Updated 2026-06-30.

Dave Inc./DE (DAVE) stock profile, AI quality score, and SEC EDGAR financial data, a Financials sector company. 13F Pro's AI-powered ranking engine scores DAVE at 80.2/100 on a 32-signal composite quality model, placing it at rank #25 of 2,960 stocks — the top 1% of the AI-ranked universe. DAVE scores in the top quartile across balance sheet strength (99.3), profitability (95.2), free cash flow (95.2). Shareholder dilution risk is elevated at 23.8/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q2 2026), Dave Inc./DE reports quarterly revenue of $170.8M, net income of $6.7M, free cash flow of $68.1M. Top institutional holders of DAVE by reported 13-F value include BlackRock, Hood River Capital Management, Divisadero Street Capital Management, based on the most recent SEC filings. DAVE trades on the Nasdaq exchange and files with the SEC under CIK 1841408. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate DAVE daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for Dave Inc./DE directly from SEC EDGAR.

AI Quality Score

80.2/100

AI Rank

#25

Revenue

$170.8M

Net Income

$6.7M

Free Cash Flow

$68.1M

DAVE key financials by period

Dave Inc./DE reported revenue, net income and margins by fiscal period, from SEC filings.
Period	Form	Revenue	Net income	Operating margin
FY 2025	10-K	$554.2M	$195.9M	30.3%
FY 2024	10-K	$347.1M	$57.9M	17.4%
FY 2023	10-K	$259.1M	$-48.5M	-18.7%
FY 2022	10-K	$204.8M	$-128.9M	-63.0%
FY 2021	10-K	$153.0M	$-20.0M	-4.2%

Institutions holding DAVE

Institutional investors reporting a position in Dave Inc./DE on SEC Form 13F.
Institution	Shares	Value	Reported
BlackRock	1,667,948	$621.5M	2026-06-30
Hood River Capital Management	1,104,277	$411.4M	2026-06-30
Divisadero Street Capital Management	699,366	$260.6M	2026-06-30
FMR	479,746	$178.7M	2026-06-30
VANGUARD CAPITAL MANAGEMENT	474,139	$176.7M	2026-06-30
STATE STREET	406,752	$151.6M	2026-06-30
RENAISSANCE TECHNOLOGIES	367,378	$136.9M	2026-06-30
GEODE CAPITAL MANAGEMENT	341,843	$127.4M	2026-06-30
DRIEHAUS CAPITAL MANAGEMENT	331,537	$123.5M	2026-06-30
JANE STREET GROUP	325,800	$121.4M	2026-06-30

SEC EDGAR: CIK 1841408 →

Dave Inc./DE

DAVE

NasdaqMid CapFinancials

13F Pro Quality Score

80.2/100

Rank #25 of 2,960 stocksTOP 1%

View Financials peers →

Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Nov 14, 2026.

Revenue Growth

94.0/100

Profitability

95.2/100

Balance Sheet

99.3/100

Earnings Quality

66.5/100

Free Cash Flow

95.2/100

Institutional Flow

95.0/100

Revenue Scale

41.4/100

Dilution Risk

23.8/100

Price Chart

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What's Driving DAVE's Business? Latest 10-Q Breakdown

36/36 datapoints verified

AI-extracted from the 10-Q filed 2026-08-05 — Q2 FY2026 (quarter ended June 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.

Q2 revenue grew 30% YoY to $170.8M, driven by 28% growth in processing and overdraft service fees on 17% higher transacting Members and $2.3B ExtraCash originations; net income declined to $6.7M from $9.0M due to $25.6M loss on warrant fair value changes.

Biggest Revenue Drivers

Service based revenue, net$160.0M+32% YoY

Processing and overdraft service fees ($144.9M, +28% YoY) benefited from 17% higher transacting Members, $2.3B ExtraCash volume, and removal of fee cap for certain cohorts; subscriptions surged 87% YoY to $15.1M on higher paying Members and June 2025 fee increase.

Transaction based revenue, net$10.7M+6% YoY

Driven by higher funding/withdrawal transaction fees and co-branded volume incentives; net interchange flat as card spend growth offset by interchange cost increases.

Biggest Revenue Drivers

Total revenue: $170.8M+30% YoY

Service based revenue, net$160.0M+32% YoY

Transaction based revenue, net$10.7M+6% YoY

Driven by higher funding/withdrawal transaction fees and co-branded volume incentives; net interchange flat as card spend growth offset by interchange cost increases.

Largest Expense Items

Provision for credit losses$28.8M+14% YoY

Increased by $3.5M on 17% higher transacting Members and $2.3B ExtraCash volume; underlying loss rates stable, now includes off-balance-sheet guarantee liability for Coastal-held receivables effective June 1, 2026.

Compensation and benefits$35.7M+35% YoY

Increase of $9.3M primarily from $8.1M higher stock-based compensation on performance-based RSU grants; includes salary, bonus, and benefits increases.

Advertising and activation costs$20.4M+32% YoY

Increased spend on Member acquisition and engagement; customer acquisition cost held flat at ~$19 while payback periods improved to under four months.

Processing and servicing costs$10.3M+44% YoY

Increased $3.1M primarily from cost increases on higher ExtraCash volume ($2.3B vs. $1.8B).

Margins: Gross margins compressed due to higher provision for credit losses (+14% YoY) and processing costs (+44%) scaling with volume. Operating expense growth of 31% outpaced revenue growth of 30%, with advertising up 32% and stock-based comp up 35%, demonstrating increased investment in Member acquisition and talent retention as company scales.

Watch Items from the Filing

DOJ litigation seeking injunctive relief and monetary damages for alleged FTC Act and ROSCA violations; motion to dismiss denied September 2025; company answered amended complaint October 2025. Accrual of $9.7M recorded as of June 30, 2026 for probable and estimable litigation contingencies.
Effective June 1, 2026, Coastal Community Bank originates and retains ~$93M ExtraCash receivables; company provides financial guarantee and purchases receivables >60 days past origination. Creates off-balance-sheet credit exposure and new funding cost structure via federal funds rate-based margin, increasing reliance on single bank partner.
Debt Facility ($75M outstanding at 8.9%) matures December 2026; no principal repayments made to date. Company is evaluating refinancing, extension, or repayment from available cash and operating cash flows. Refinancing uncertainty and potential rate increases on renewal.
Ongoing regulatory inquiries and subpoenas from Connecticut, Maryland, New York, and California regarding licensing, earned wage access product compliance, and marketing practices. DFPI in California has indicated intent to supervise the company as a 'covered person' under CCFPL, enabling examinations and potential enforcement action.
Provision for credit losses increased 54% YoY to $55.4M (H1 2026); provision as % of operating revenues grew despite stable underlying loss rates due to portfolio expansion and June 1 Coastal guarantee inclusion. Allowance for credit losses balance $40.9M reflects 12-day average ExtraCash term and seasonal/timing volatility.

AI-extracted and verified against SEC EDGAR filing text. Not investment advice.

Read the full 10-Q on SEC EDGAR →