What is the 13F Pro Quality Score for DAVE?

13F Pro ranks Dave Inc./DE (DAVE) on the 13F Pro Quality Score, a 0–100 composite of 32 fundamental signals including return on invested capital, free cash flow consistency, balance-sheet strength, earnings quality, growth durability, and valuation discipline. The score refreshes after each 10-K and 10-Q filing on SEC EDGAR. View DAVE's current score at https://13fpro.ai/company/DAVE (free sign-up required for the full ranking).

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.

What sector is DAVE in?

Dave Inc./DE (DAVE) is classified in the Financials sector. 13F Pro publishes sector-level fund flow analysis and quality leaders at https://13fpro.ai/research/sector/financials.

What drives DAVE's revenue?

Per Dave Inc./DE's latest 10-Q filed with the SEC on 2026-08-05, the biggest revenue drivers are: Service based revenue, net ($160.0M, +32% YoY); Transaction based revenue, net ($10.7M, +6% YoY). Figures are extracted from the filing text and machine-verified against the document. Full breakdown at https://13fpro.ai/company/DAVE.

What are DAVE's largest expenses?

Dave Inc./DE's latest 10-Q reports these as the largest expense items: Provision for credit losses ($28.8M, +14% YoY); Compensation and benefits ($35.7M, +35% YoY); Advertising and activation costs ($20.4M, +32% YoY). Sourced directly from SEC EDGAR filing text for Q2 FY2026 (quarter ended June 30, 2026).

How often is DAVE research updated on 13F Pro?

DAVE's fundamentals refresh within hours of each new 10-K or 10-Q filing on SEC EDGAR. Institutional ownership updates after each quarterly 13F filing window. Insider transactions update after each Form 4 filing. The 13F Pro Quality Score recalculates after every fundamentals refresh.

Dave Inc./DE(DAVE)Stock Analysis

AI analysis on 2,800+ stocks →Deep AI analysis on 2,800+ stocks →

Financials →Nasdaqmid

Institutional-grade research for retail investors

SEC EDGAR: CIK 1841408 DAVE stock profile & AI dashboard →

13F Pro Quality Score

80.2/100

Rank #26 of 2,961 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

Email me the moment this company reports earnings

AI Research Report

Two-page plain-English analysis: business, thesis, and three scenarios for the next two years. Refreshed every quarter.

Upgrade to Pro

Pro: 5 reports/month · Pro+: unlimitedOpinion, not investment advice. Do your own research.

Why DAVE Scores 80/100

exact factor attribution · 2026-09-11

DAVE's composite is driven by revenue growth and profitability, held back by shareholder dilution and scale. Bars show each factor's exact push vs. a median company, using the same weights the ranking engine applies.

Revenue growth

+11.7 pts

94th pct

Profitability

+9.0 pts

95th pct

Free cash flow

+6.8 pts

95th pct

Capital efficiency

+6.6 pts

99th pct

Earnings growth

+3.3 pts

100th pct

Institutional flow

+3.0 pts

95th pct

Earnings quality

+1.6 pts

67th pct

Scale

-1.7 pts

41th pct

Shareholder dilution

-1.8 pts

24th pct

Latest change (2026-08-05): 78 → 73 · ↓ Profit margin 93→66; ↓ Capital efficiency 99→88; despite ↑ Earnings growth 30→90

Factor percentiles are cross-sectional ranks across the ~2,800-stock scored universe, computed from SEC EDGAR filings. Not investment advice.

DAVE Stock Analysis & AI Quality Score

Data updated 2026-09-11

AI stock analysis and institutional research for Dave Inc./DE (DAVE), 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 #26 of 2,961 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. Dave Inc./DE's 13F Pro composite quality score has ranged between 25 and 81 since 2023, currently 80.2 — an improving long-term trajectory across 60 quarterly and live scoring snapshots.

✦

Fun facts about Dave Inc./DE

Quirks, history, and lore behind DAVE — the kind of stuff that makes a stock memorable.

1
The Basics
U.S. fintech company · listed on Nasdaq · headquartered in Los Angeles, California · serves everyday consumers who live paycheck to paycheck.
2
The Numbers
A small-cap company with revenue in the low hundreds of millions annually, it has built a member base of millions of users who rely on it to avoid bank overdraft fees.
3
The History
Founded around 2017, it went public via a SPAC merger — the trendy blank-check route that was all the rage in the early 2020s.
4
The Secret
Its flagship product lets members borrow small cash advances — think $250 or less — with no interest, making its money through optional tips and subscription fees.
5
The Lore
The company's mascot and branding lean heavily on a friendly bear — a nod to its mission of protecting members from the financial jungle, not mauling them like big banks do.
6
The Giveaway
Its name is a friendly first-person pronoun, its ticker is four letters that rhyme with it, and its whole pitch is: "We've got your back" — like a buddy who floats you cash until payday.

▶ Think you know your stocks? Play the Daily Ticker

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

✓ 36/36 datapoints verified

AI-extracted from Dave Inc./DE's 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 →Share on X

Revenue

Q2 2026

$170.8M

Net Income

Q2 2026

$6.7M

Free Cash Flow

Q2 2026

$68.1M

ROIC

Q2 2026

28.2%

Period

Revenue & Net Income

Earnings Per Share

Key Financials Over Time

Export Financial Table · Pro

Revenue

+59.7% YoY

$554.2MFY 2025

FY22 $204.8MFY23 $259.1MFY24 $347.1MFY25 $554.2M

Net Income

+238.4% YoY

$195.9MFY 2025

FY22 $-128.9MFY23 $-48.5MFY24 $57.9MFY25 $195.9M

Operating Income

—FY 2025

FY22 —FY23 —FY24 —FY25 —

EPS (Diluted)

+222.9% YoY

$13.53FY 2025

FY22 $-0.35FY23 $-4.07FY24 $4.19FY25 $13.53

Total Assets

+62.8% YoY

$487.4MFY 2025

FY22 $321.5MFY23 $294.0MFY24 $299.3MFY25 $487.4M

Total Debt

-100.0% YoY

$0.00FY 2025

FY22 $75.0MFY23 $75.0MFY24 $75.0MFY25 $0.00

Op. Cash Flow

+131.8% YoY

$290.0MFY 2025

FY22 $-44.9MFY23 $33.8MFY24 $125.1MFY25 $290.0M

Free Cash Flow

+132.0% YoY

$289.7MFY 2025

FY22 $-45.6MFY23 $33.1MFY24 $124.9MFY25 $289.7M

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Revenue	$554.2M +59.7%	$347.1M +34.0%	$259.1M +26.5%	$204.8M +33.9%	$153.0M	—
Net Income	$195.9M +238.4%	$57.9M +219.3%	$-48.5M +62.4%	$-128.9M -544.8%	$-20.0M	—
Operating Income	—	—	—	—	$-6.4M	—
EPS (Diluted)	$13.53 +222.9%	$4.19 +202.9%	$-4.07 -1071.2%	$-0.35 -137.0%	$-0.15	—
Total Assets	$487.4M +62.8%	$299.3M +1.8%	$294.0M -8.5%	$321.5M +118.4%	$147.2M	—
Total Debt	$0.00 -100.0%	$75.0M +0.0%	$75.0M +0.0%	$75.0M +114.3%	$35.0M	—
Operating Cash Flow	$290.0M +131.8%	$125.1M +270.7%	$33.8M +175.2%	$-44.9M -8196.3%	$-541.0K	—
Free Cash Flow	$289.7M +132.0%	$124.9M +277.7%	$33.1M +172.5%	$-45.6M -4901.2%	$-912.0K	—

Get alerted when DAVE's score changes

Free account: watchlist tracking, the daily AI brief, and the AI screener.

Passwordless sign-in · Payments by Stripe · Auth by Clerk

Available Research

13F Pro tracks comprehensive data for Dave Inc./DE including:

SEC EDGAR filings (10-K, 10-Q, 8-K)

XBRL financial facts (revenue, EPS, margins)

Insider transactions (Form 4)

Institutional 13F holdings

Quality rankings (32 signals)

AI analyst debates & daily meetings

Historical financial trends

Peer comparison & sector analysis

Top Institutional Holders of DAVE

BlackRock, Inc.
$621.5M1,667,948 sh
Hood River Capital Management LLC
$411.4M1,104,277 sh
Divisadero Street Capital Management, LP
$260.6M699,366 sh
FMR LLC
$178.7M479,746 sh
VANGUARD CAPITAL MANAGEMENT LLC
$176.7M474,139 sh
STATE STREET CORP
$151.6M406,752 sh
RENAISSANCE TECHNOLOGIES LLC
$136.9M367,378 sh
GEODE CAPITAL MANAGEMENT, LLC
$127.4M341,843 sh
DRIEHAUS CAPITAL MANAGEMENT LLC
$123.5M331,537 sh
JANE STREET GROUP, LLC
$121.4M325,800 sh

Fund	Value	Shares
BlackRock, Inc.	$621.5M	1,667,948
Hood River Capital Management LLC	$411.4M	1,104,277
Divisadero Street Capital Management, LP	$260.6M	699,366
FMR LLC	$178.7M	479,746
VANGUARD CAPITAL MANAGEMENT LLC	$176.7M	474,139
STATE STREET CORP	$151.6M	406,752
RENAISSANCE TECHNOLOGIES LLC	$136.9M	367,378
GEODE CAPITAL MANAGEMENT, LLC	$127.4M	341,843
DRIEHAUS CAPITAL MANAGEMENT LLC	$123.5M	331,537
JANE STREET GROUP, LLC	$121.4M	325,800

Companies Similar to DAVE

Ranked by quality-profile closeness and shared hedge-fund ownership — not just sector membership.

SEZL

Sezzle Inc.

AI score

Very similar · 25 shared holders

Divisadero Street Capital Management, LP DRIEHAUS CAPITAL MANAGEMENT LLC Portolan Capital Management, LLC

PLMR

Palomar Holdings, Inc.

AI score

Similar quality profile · 19 shared holders

Hood River Capital Management LLC EMERALD ADVISERS, LLC PEREGRINE CAPITAL MANAGEMENT LLC

HCI

HCI Group, Inc.

AI score

Similar quality profile · 13 shared holders

JACOBS LEVY EQUITY MANAGEMENT, INC Moran Wealth Management, LLC Legato Capital Management LLC

PIPR

PIPER SANDLER COMPANIES

AI score

Similar quality profile · 13 shared holders

EMERALD ADVISERS, LLC EMERALD MUTUAL FUND ADVISERS TRUST LORD, ABBETT & CO. LLC

ENVA

Enova International, Inc.

AI score

Similar quality profile · 25 shared holders

DRIEHAUS CAPITAL MANAGEMENT LLC Portolan Capital Management, LLC Divisadero Street Capital Management, LP

HLNE

Hamilton Lane INC

AI score

Similar quality profile · 8 shared holders

FULLER & THALER ASSET MANAGEMENT, INC.SEGALL BRYANT & HAMILL, LLC Moran Wealth Management, LLC

SLDE

Slide Insurance Holdings, Inc.

AI score

Similar quality profile · 16 shared holders

Hood River Capital Management LLC EMERALD MUTUAL FUND ADVISERS TRUST JACOBS LEVY EQUITY MANAGEMENT, INC

VCTR

Victory Capital Holdings, Inc.

AI score

Similar quality profile · 11 shared holders

FULLER & THALER ASSET MANAGEMENT, INC.Granahan Investment Management, LLC Emerald Investment Advisers, LLC

Similarity is computed from the 8 composite sub-scores and latest-quarter 13F conviction holdings (index-style filers excluded). Refreshed monthly.

More Financials Companies

View all Financials →

AAAU

Goldman Sachs Physical Gold ETF

AAC

Ares Acquisition Corp III

AACB

Artius II Acquisition Inc.

AACI

Armada Acquisition Corp. III

AACO

Abony Acquisition Corp. I

AACP

Apogee Acquisition Corp

AAME

ATLANTIC AMERICAN CORP

AAMI

Acadian Asset Management Inc.

Put DAVE on your watchlist

Track score changes the day Dave Inc./DE files with the SEC, follow the hedge funds that own it, screen 2,800+ AI-scored stocks, and get the daily brief — free.

View Pricing

Free tier includes 13F data, economic indicators, and market overview. Pro starts at $6.67/mo (billed annually).

Passwordless sign-in · Payments by Stripe · Auth by Clerk

Popular Research

AAPL

Apple

MSFT

Microsoft

NVDA

NVIDIA

GOOG

Alphabet

AMZN

Amazon

Is DAVE a good stock to buy?

13F Pro's AI-powered analysis of Dave Inc./DE (DAVE) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Financials sector (listed on Nasdaq). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for DAVE are available on the DAVE stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing. DAVE is classified as a mid company.

Which hedge funds own DAVE?

Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling DAVE. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of Dave Inc./DE's investment landscape.