Dave Inc's stock surged 6.53% over a 24-hour period, driven by the company's release of its fourth-quarter and full-year 2025 financial results. The fintech firm reported significant beats on both earnings and revenue, announced a major expansion of its share repurchase program, and provided strong forward guidance.
The company reported quarterly adjusted earnings per share of $3.69, surpassing the analyst consensus estimate of $3.19 by 15.6%. Revenue for the quarter reached $163.7 million, exceeding estimates and representing a 62% year-over-year increase. The results were bolstered by a 50% year-over-year growth in ExtraCash originations and a 36% increase in average revenue per user.
Adding to the positive momentum, Dave announced it had increased its share repurchase authorization from $125 million to $300 million. The company also provided optimistic guidance for full-year 2026, projecting adjusted EPS in the range of $14.00 to $15.00, which exceeds analyst expectations.