DAVE ▼ -1.8% - Dave Inc. $DAVE Q3 revenue of $198M (+31% YoY) and adjusted EBITDA of $82M (+39%), raising its FY2026 outlook despite declining net income and modest margin pressure. * Earnings: Adjusted EPS fell 1% to $4.39; GAAP net income declined 31% to $64M. Adjusted gross profit rose 33% to $138M, with a 70% margin (+1 point YoY), though gross margin fell 2 points QoQ partly due to higher funding costs and credit-loss provisions. * Raised Guidance: FY revenue of $746M–$750M (previously $725M–$735M); adjusted EBITDA of $327M–$330M (previously $315M–$325M); adjusted EPS of $17.45–$17.65 (previously $17.00–$17.50). * Customer Growth: New members rose 35% to 1.135M at $22 acquisition cost. Monthly transacting members increased 18% to 3.15M, while ExtraCash originations grew 23% to $2.5B. * Credit Performance: ExtraCash monetization reached a five-year high of 5.2%. The 28-day past-due rate improved to 2.09% from 2.15% and fell below 2% in September. CashAI v6.0 helped lift average advances to $225; management expects Q4 delinquency below 2%. * Capital & Expansion: Dave held $315M in cash, investments and restricted cash, deployed ~$20M toward share reductions with $88M in buyback capacity remaining, and repaid $75M in debt in October. Dave Flex reached tens of thousands of active users, with broader rollout planned for 2027. 04-NOV-2026 04:49 PM ET