Every 8-K that Dave Inc. (DAVE) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow DAVE and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full DAVE filings page.
Dave Inc. reports that director Yadin Rozov resigned from the Board of Directors effective August 12, 2026. The company states that his decision was for personal reasons and not due to any disagreement regarding operations, policies, or practices. The Board and the company express appreciation for his service and contributions. Dave Inc. also reiterates that its Class A common stock trades under the symbol DAVE and its redeemable warrants under DAVEW on The Nasdaq Stock Market LLC, with each lot of 32 warrants exercisable for one share of Class A common stock at an exercise price of $368 per share.
Dave Inc. reported strong second-quarter 2026 results, with GAAP operating revenues, net of $170.8 million, up 30% year-over-year. Non-GAAP gross profit was $123.8 million with a 72% margin, and Adjusted EBITDA rose to $75.5 million, up 48% year-over-year for a 44% margin. GAAP net income was $6.7 million, which includes $36.9 million of non-cash warrant and earnout remeasurement charges, while adjusted net income reached $56.4 million and adjusted diluted EPS was $4.12, up 48%.
Operating momentum remained solid: new members grew 32% to 951,000 at a $19 customer acquisition cost, Monthly Transacting Members increased 17% to 3.08 million, and ExtraCash originations rose 27% to $2.3 billion with a 4.8% monetization rate. Credit metrics improved, with the 28-day past due rate at 2.12%. Cash, cash equivalents, restricted cash and investments totaled $254.4 million as of June 30, 2026, helped by $93.0 million of Coastal Community Bank funding and offset by $19.1 million of share repurchases, leaving $94.1 million under the authorization.
Based on first-half performance, the company raised full-year 2026 guidance. GAAP operating revenues, net are now expected at $725–$735 million (year-over-year growth of 31–33%), Adjusted EBITDA at $315–$325 million, and adjusted net income per diluted share at $17.00–$17.50.
Dave Inc. reported the results of its 2026 Annual Meeting of Stockholders. Of the 24,640,106 total voting power entitled to vote, 22,436,216 votes, or approximately 91.05%, were represented in person or by proxy, establishing a quorum.
Stockholders elected Dan Preston as a Class II director to serve until the 2029 annual meeting, with 17,520,094 votes for, 2,766,061 withheld, and 2,150,061 broker non-votes. They also approved, on an advisory basis, the company’s executive compensation.
Stockholders supported holding future advisory votes on executive compensation every 1 year, with 19,948,465 votes for that frequency. They also ratified the appointment of Deloitte & Touche LLP as independent registered public accounting firm for the fiscal year ending December 31, 2026, with 22,358,229 votes for the ratification.
Dave Inc. closed a private offering of $200 million 0% Convertible Senior Notes due 2031 to qualified institutional buyers under Rule 144A. Net proceeds were about $192.1 million.
The company spent $17.3 million on capped call transactions covering about 0.7 million shares and used about $70.5 million to repurchase roughly 0.3 million shares at $210.67 each. The notes mature on April 1, 2031, carry a 0% coupon, and are initially convertible at 3.5825 shares per $1,000 principal, equivalent to about $279.13 per share, with a maximum initial conversion rate of 4.7467 shares per $1,000 (up to 949,340 shares). The capped calls are designed to limit dilution or higher cash payments above the conversion price up to an initial cap of $421.34 per share.
Dave Inc. is raising capital through a private offering of $175 million aggregate principal amount of 0% Convertible Senior Notes due 2031, with an additional $25 million option for the initial purchasers. The notes are being sold to qualified institutional buyers under Rule 144A and are senior unsecured obligations.
Dave estimates net proceeds of about $168.0 million, which it plans to use to fund roughly $15.1 million of capped call transactions, repurchase approximately 334,000 shares of common stock for about $70.5 million, and for general corporate purposes including further share repurchases. The notes carry an initial conversion rate of 3.5825 shares per $1,000 (about $279.13 per share), a 32.5% premium to the $210.67 stock price on March 4, 2026, and are supported by capped calls initially capped at $421.34 per share.
Dave Inc. plans a private offering of $150 million principal amount of Convertible Senior Notes due 2031, with an option for initial purchasers to buy an additional $22.5 million of notes. The notes are senior unsecured, pay interest semi-annually, and mature on April 1, 2031, unless earlier converted, redeemed or repurchased.
The notes may be converted into cash and, at Dave’s election, cash, Class A common stock or a combination for any amount above principal. Dave intends to use net proceeds to fund capped call transactions, repurchase common stock and for general corporate purposes, including further buybacks. Dave also plans capped call hedging with financial institutions and expects to repurchase shares concurrently with pricing, which could influence the trading price of its stock and the notes.
Dave Inc. reported very strong fourth quarter and full-year 2025 results, highlighted by rapid growth and rising profitability. Q4 revenue rose 62% year-over-year to $163.7 million, while Q4 net income jumped 292% to $66.0 million and adjusted EBITDA reached $72.9 million, up 118%.
For full-year 2025, revenue grew 60% to $554.2 million, net income increased 238% to $195.9 million, and adjusted EBITDA climbed 162% to $226.7 million, with non-GAAP gross profit margin improving to 72%. Management issued 2026 guidance for revenue of $690–$710 million, implying 25–28% growth, and adjusted EBITDA of $290–$305 million.
The board authorized a new share repurchase program of up to $300 million of Class A common stock, replacing a prior $125 million authorization that had about $113.2 million remaining. Dave also amended employment agreements for CEO Jason Wilk and CFO/COO Kyle Beilman, enhancing performance-based equity treatment on certain terminations and change-in-control events, and raising Mr. Beilman’s base salary and incentive targets.
Dave Inc. furnished an update on its business by issuing a press release with certain preliminary financial results for the quarter and year ended December 31, 2025. These figures are based on current estimates and remain subject to completion of financial statement closing procedures, so final results may differ.
The press release, dated February 5, 2026, is provided as Exhibit 99.1 and is incorporated by reference. The company states that this information is being furnished, not filed, which limits its exposure to certain Exchange Act liabilities.
Dave Inc. reported several board changes. Imran Khan notified the company on January 20, 2026 of his intention to resign from the Board of Directors, effective upon the appointment of his successor, and the company stated his resignation is not related to any disagreement about its operations, policies, or practices.
On the same date, the Board appointed Nima Khajehnouri as a Class III director, with a term running until the 2027 Annual Meeting of Stockholders, and named him to the Audit Committee. The Board determined he qualifies as an independent director under Nasdaq rules. For 2026 he will receive $50,000 in cash compensation, pro-rated from his start date, and is eligible for a restricted stock unit award valued at $165,000 under the company’s 2021 equity plan, with terms aligned to other outside directors.
The Board also appointed Mike Pope as Lead Independent Director, succeeding Brendan Carroll, who remains on the Board. Andrea Mitchell was named Chair of the Nominating and Corporate Governance Committee, with Mr. Pope continuing as a committee member. The company issued a press release on January 20, 2026 describing these changes.
Dave Inc. furnished an 8-K announcing it issued a press release with financial results for the quarter ended September 30, 2025. The press release is provided as Exhibit 99.1 and incorporated by reference.
The information under Item 2.02, including Exhibit 99.1, is furnished and will not be deemed “filed” under the Exchange Act. The filing also lists the company’s Class A common stock (DAVE) and redeemable warrants (DAVEW) on Nasdaq.