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Dave's Q2 Profits Expand Sharply: Can It Keep This Momentum?
DaveDave(US:DAVE) ZACKS·2025-08-21 00:25

Key Takeaways DAVE's Q2 adjusted net income jumped 233% to 45.7M,withEBITDAup23645.7M, with EBITDA up 236% to 50.9M.Management raised the 2025 revenue view to 505M505M-515M and EBITDA to 180M180M-190M.Rising delinquencies to 2.4% and tougher competition may pressure future margins.Dave Inc.’s (DAVE) profitability expanded exponentially with adjusted net income skyrocketing 233% year over year to $45.7 million during the second quarter of 2025. Non-GAAP gross margin reached the 70% mark, up 5 basis points from the year-ago quarter ...