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Segment Information (Tables) | 9 Months Ended
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Sep. 30, 2025
Segment Reporting [Abstract] |
Summary of Financial Information with Respect to the Company's Single Operating and Reportable Segment | The following table presents selected financial information with respect to the Company’s single operating and reportable segment for the three and nine months ended September 30, 2025 and 2024, respectively:
Dave Inc. Condensed Consolidated Statements of Operations (in thousands) |  |  |  |  |  |  |
| For the Three Months Ended |  |  | For the Nine Months Ended |
| September 30, 2025 |  |  | September 30, 2024 |  |  | September 30, 2025 |  |  | September 30, 2024 |
Operating revenues: |  |  |  |  |  |  |  |  |  |  |
Service based revenue, net | $ | 139,229 |  |  | $ | 83,390 |  |  | $ | 358,673 |  |  | $ | 220,603 |
Transaction based revenue, net |  | 11,496 |  |  |  | 9,099 |  |  | $ | 31,788 |  |  | $ | 25,633 |
Total operating revenues, net |  | 150,725 |  |  |  | 92,489 |  |  |  | 390,461 |  |  |  | 246,236 |
Operating expenses: |  |  |  |  |  |  |  |  |  |  |
Provision for credit losses |  | 29,846 |  |  |  | 13,680 |  |  |  | 65,744 |  |  |  | 37,988 |
Processing and servicing costs |  | 9,404 |  |  |  | 8,398 |  |  |  | 23,561 |  |  |  | 23,351 |
Financial network and transaction costs |  | 7,378 |  |  |  | 6,237 |  |  |  | 21,644 |  |  |  | 19,087 |
Advertising and activation costs |  | 18,911 |  |  |  | 14,925 |  |  |  | 46,297 |  |  |  | 38,745 |
Employee salaries and bonuses |  | 14,887 |  |  |  | 15,172 |  |  |  | 45,307 |  |  |  | 44,811 |
Capitalized compensation costs |  | (1,703 | ) |  |  | (1,755 | ) |  |  | (4,805 | ) |  |  | (5,522 | )
Stock-based compensation |  | 7,209 |  |  |  | 13,359 |  |  |  | 23,011 |  |  |  | 27,195 |
Temporary labor and contractors |  | 1,722 |  |  |  | 1,208 |  |  |  | 4,569 |  |  |  | 3,745 |
Other compensation, benefits and payroll taxes |  | 2,727 |  |  |  | 2,455 |  |  |  | 10,441 |  |  |  | 8,790 |
Technology and infrastructure |  | 3,192 |  |  |  | 2,848 |  |  |  | 8,812 |  |  |  | 8,352 |
Other operating expenses |  | 11,254 |  |  |  | 13,412 |  |  |  | 23,751 |  |  |  | 26,076 |
Total operating expenses |  | 104,827 |  |  |  | 89,939 |  |  |  | 268,332 |  |  |  | 232,618 |
Other (income) expenses: |  |  |  |  |  |  |  |  |  |  |
Interest income |  | (294 | ) |  |  | (439 | ) |  |  | (1,313 | ) |  |  | (2,471 | )
Interest expense |  | 1,789 |  |  |  | 1,964 |  |  |  | 5,324 |  |  |  | 6,146 |
Gain on extinguishment of convertible debt |  | - |  |  |  | - |  |  |  | - |  |  |  | (33,442 | )
Changes in fair value of earnout liabilities |  | (4,841 | ) |  |  | (17 | ) |  |  | 2,655 |  |  |  | 116 |
Changes in fair value of public and private warrant liabilities |  | (9,186 | ) |  |  | 203 |  |  |  | 11,657 |  |  |  | 408 |
Total other (income) expense, net |  | (12,532 | ) |  |  | 1,711 |  |  |  | 18,323 |  |  |  | (29,243 | )
Net income before provision (benefit) for income taxes |  | 58,430 |  |  |  | 839 |  |  |  | 103,806 |  |  |  | 42,861 |
Provision (benefit) for income taxes |  | (33,642 | ) |  |  | 373 |  |  |  | (26,118 | ) |  |  | 1,794 |
Net income | $ | 92,072 |  |  | $ | 466 |  |  | $ | 129,924 |  |  | $ | 41,067 |

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-25 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
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