Dave Q3 2026 Revenue Tops Estimates at $197.7M, but EPS Misses at $3.30
Revenue of $197.7M vs. $191.9M expected and adjusted EPS of $3.30 vs. $4.09; revenue up 31% from a year earlier.
Dave (DAVEW) posted mixed third-quarter 2026 results, with revenue above the estimate and adjusted EPS below it. Revenue was $197.7 million, up 31% from a year earlier, above the $191.9 million estimate, and adjusted EPS was $3.30, down 48% from a year earlier, below the $4.09 estimate.
Q3 2026 scorecard
| Parameters | Expected | Actual | Beat/Miss |
|---|---|---|---|
| Adjusted EPS | $4.09 | $3.30 | Miss by 19% |
| Revenue | $191.9M | $197.7M | Beat by 3.0% |
| Change | YoY | QoQ |
|---|---|---|
| Adjusted EPS | ▼ 48% | ▲ 573% |
| Revenue | ▲ 31% | ▲ 16% |
By our calculation, revenue was $5.8 million above the estimate and adjusted EPS was $0.79 below it. The QoQ column compares with the previous quarter's revenue of $170.8 million and adjusted EPS of $0.49. The YoY column compares with $150.8 million and $6.34 in the same quarter a year earlier.
Track record
- EPS record. Adjusted EPS beat the estimate in 5 of the last 8 reports, including this one.
- Revenue record. Revenue beat the estimate in 7 of the last 8 reports.
- Revenue trend. Revenue over the last 5 reports, oldest first: $150.8 million, $163.7 million, $158.4 million, $170.8 million and $197.7 million.
What to watch
- Next-quarter estimates. Consensus calls for EPS of $4.83 and revenue of $210.8 million next quarter, based on 1 analyst.
- Next report. Dave is next expected to report on March 8, 2027.
- Revenue growth. Whether revenue keeps growing from a year earlier after this quarter's 31% increase to $197.7 million.
- Related coverage. See our reports on FICO, AMC, Dave and Figma.
Sources: Results are from Dave's Nov. 4, 2026 quarterly report. Estimates are consensus figures. The prior-quarter and year-ago comparison figures are from Dave's earlier quarterly reports. Items labeled by our calculation are our own arithmetic. This article is informational only and is not investment advice.
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