Dave Inc. (DAVE)
NASDAQ: DAVE · Real-Time Price · USD
354.72
+19.71 (5.88%)
At close: Aug 21, 2026, 4:00 PM EDT
349.00
-5.72 (-1.61%)
After-hours: Aug 21, 2026, 5:08 PM EDT

Dave Inc. Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
643.65554.18347.08259.09204.84153.01
Revenue Growth
48.63%59.67%33.96%26.49%33.87%25.63%
Gross Profit
461.81389.14187.23114.9869.4687.49
Operating Income
231.79191.1241.61-42.2-131.7-46.88
Net Income
222.64195.8757.87-48.52-128.91-19.99
Earnings Per Share
15.6213.534.19-4.07-11.12-4.69
EPS Growth
306.31%222.91%----

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Net Processing Fees
548.45466.84218.8152.49106.6679.1
Tips
-7.567.5656.9561.9545.11
Subscriptions
51.3737.2224.621.4819.1517.2
Other Service Based
0.280.350.461.321.10.77
Net Interchange
24.724.3619.991710.79-
Net ATM
2.012.253.092.612.93-
Other Transaction Based
16.8515.6612.577.242.26-
Revenue (Total)
643.65554.18347.08259.09204.84153.01

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
254.07121.3190.29155.94191.9640.24
Total Debt
268.4775.275.55181.29178.1573.64
Net Cash (Debt)
-14.446.1114.73-25.3613.82-33.4
Net Cash Growth
-212.93%----
Net Cash Per Share
-1.013.181.07-2.121.19-7.83

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
326.95290.02125.1433.75-44.88-0.54
Capital Expenditures
-0.4-0.32-0.26-0.69-0.73-0.37
Free Cash Flow
326.54289.71124.8833.07-45.61-0.91
Free Cash Flow Growth
70.12%132.00%277.65%---

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
71.75%70.22%53.95%44.38%33.91%57.18%
Operating Margin
36.01%34.49%11.99%-16.29%-64.29%-30.64%
Pretax Margin
32.24%30.32%17.39%-18.68%-62.96%-13.00%
Profit Margin
34.59%35.34%16.67%-18.73%-62.93%-13.07%
FCF Margin
50.73%52.28%35.98%12.76%-22.27%-0.60%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
22.7115.2719.16---
Forward PE
19.6119.8941.57---
P/FCF Ratio
13.7110.328.883.06--
PS Ratio
6.955.403.200.390.542.13