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Dave Inc (DAVE) Financial History

20 years of revenue, earnings, cash-flow and balance-sheet history from public filings.

TECHNOLOGY · SOFTWARE - APPLICATION · DATA UPDATED 2026-08-23

Dave Inc (DAVE) operates in the SOFTWARE - APPLICATION industry and is headquartered in Los Angeles, United States with about 280 employees. Its market capitalization is roughly $4 billion. In the fiscal year ended 2025-12-31, DAVE reported $554M in revenue and $196M in net income.

Dave Inc. provides various financial products and services through its financial services platform in the United States.

Interactive charts & full statements → Open the DAVE valuation workbench →

DAVE Revenue & Earnings History — Annual Income Statement

Income statementTTM → 2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-31
Total Revenue$644M$554M$347M$259M$205M$153M$122M$76M
Gross Profit$536M$480M$282M$198M$173M$130M$100M$61M
Gross Margin %83.3%86.7%81.2%76.3%84.4%84.7%82.2%80.0%
Operating Income (EBIT)$222M$187M$35M($42M)($134M)($6M)($2M)$2M
Operating Margin %34.5%33.7%10.0%-16.3%-65.6%-4.2%-1.9%2.3%
Net Income$223M$196M$58M($49M)($129M)($20M)($7M)$1M
Net Margin %34.6%35.3%16.7%-18.7%-62.9%-13.1%-5.7%1.0%
EBITDA$295M$182M$76M($31M)($113M)($14M)($5M)$3M
Earnings Per Share (EPS)$15.42$13.53$4.19$-4.07$-10.93$-1.72$-0.60$0.07
Shares Outstanding (M)14M14M14M12M12M12M12M12M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

DAVE Quarterly Revenue & Earnings — Last 8 Quarters

Quarterly income statement2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-30
Total Revenue$171M$158M$164M$151M$132M$108M$101M$92M
Gross Profit$124M$138M$144M$131M$114M$91M$95M$75M
Gross Margin %72.4%86.9%87.9%86.8%86.9%84.5%93.8%81.1%
Operating Income (EBIT)$52M$60M$64M$46M$41M$35M$21M$3M
Operating Margin %30.6%37.6%39.4%30.4%31.2%32.6%20.8%2.8%
Net Income$7M$58M$66M$92M$9M$29M$17M$0M
Net Margin %3.9%36.6%40.3%61.1%6.9%26.7%16.7%0.5%
EBITDA$91M$74M$68M$62M$15M$37M$22M$5M
Earnings Per Share (EPS)$0.49$4.02$4.57$6.34$0.62$1.97$1.16$0.03
Shares Outstanding (M)14M14M14M15M15M15M14M14M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

DAVE Free Cash Flow History

Cash flowTTM → 2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-31
Cash from Operations (CFO)$327M$290M$125M$34M($45M)($1M)($9M)($11M)
Capital Expenditures (CapEx)$4M$0M$0M$9M$9M$6M$4M$3M
Free Cash Flow (FCF)$323M$290M$125M$25M($54M)($7M)($13M)($14M)
FCF Margin %50.2%52.3%36.0%9.7%-26.5%-4.6%-11.0%-17.7%

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

DAVE Quarterly Free Cash Flow — Last 8 Quarters

Quarterly cash flow2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-30
Cash from Operations (CFO)$68M$82M$93M$83M$68M$45M$42M$37M
Capital Expenditures (CapEx)$0M$0M$2M$2M$0M$1M$2M$2M
Free Cash Flow (FCF)$68M$82M$91M$82M$68M$44M$40M$35M
FCF Margin %39.9%51.8%55.9%54.1%51.7%40.6%39.6%38.1%

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

DAVE Balance Sheet History

Balance sheet2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-31
Total Assets$571M$487M$299M$294M$321M$147M$76M$67M
Cash & Cash Equivalents$210M$81M$50M$42M$23M$32M$5M$6M
Total Liabilities$363M$135M$116M$207M$215M$108M$27M$12M
Total Debt (Short + Long-Term)$268M$75M$75M$181M$75M$73M$5M$1M
Total Shareholders' Equity$208M$353M$183M$87M$107M$39M$50M$55M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

Quarterly statements, profitability ratios, price history, insider activity and institutional holders are in the interactive DAVE viewer.

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