Dave Inc. (DAVE) financials — revenue, cash, debt and margins

Dave Inc. (DAVE) financials — revenue, cash, debt and margins — InspectStocks

Key figures

Trailing twelve months where a flow is involved, latest reported balance where it is not.

Valuation

Market cap: $4.6B
P/E (TTM): 21.19
Price / sales: 7.12
EV / EBITDA: —
Price / book: 22.06

Cash flow

FCF yield: 7.1%
SBC-adjusted FCF yield: 6.3%
SBC impact: 11.5%
Stock compensation (TTM): $37.5M

Margins & growth

Profit margin: 34.6%
Operating margin: -1.0%
Quarterly revenue (year on year): 29.6%
Quarterly earnings (year on year): -26.0%

Balance sheet

Cash & investments: $252.6M
Debt: $268.5M
Net cash / (debt): -$15.9M

Where the revenue comes from

Processing and Overdraft Service Fees Net is 84% of revenue.

By product or service

Year to Dec 31, 2025 · $554.2M

Processing and Overdraft Service Fees Net84%
$466.8M+113.4% vs. a year earlier
Subscriptions7%
$37.2M+51.3% vs. a year earlier
Interchange Revenue Net4%
$24.4M+21.9% vs. a year earlier
Transaction Based Revenue Other Net3%
$15.7M+24.5% vs. a year earlier
Tips1%
$7.5M-88.9% vs. a year earlier
Atm Revenue Net0.41%
$2.3M-27.0% vs. a year earlier
Other0.06%
$349K-24.5% vs. a year earlier

What it owns and what it owes

Both on one scale, because both are money — the bar that is taller is the one that matters.

Cash and debt

Cash & InvestmentsTotal Debt

Cash counts short-term investments, not just the bank balance — technology companies park most of it in marketable securities, and leaving those out understates it several times over. Debt includes lease obligations.

The rest of the series

Not on the overview because five charts is as much as one decision needs — but here in full, on one period switch. Each bar sums the four quarters ending there — a full year, brought up to today.

Total Revenue

$643.65MQ2 2026+6.5%

1Y: +48.63%2Y: +119.92%

Everything the company sold, before any costs. Each bar sums the four quarters ending there — a full year, brought up to today.

EBITDA

-$3.32M2021

No TTM figures — showing Yearly

Operating profit before depreciation and amortisation — approximated from operating income, because no depreciation tag is reported consistently enough across filers to do better. Treat it as indicative. One bar per fiscal year, as filed. Stops at the last completed year.

Profit

$222.64MQ2 2026-1.0%34.6% of revenue

1Y: +303.88%2Y: +675.01%

What was left after every cost, including tax. Each bar sums the four quarters ending there — a full year, brought up to today.

Profit margin

34.6%Q2 2026-7.0%

How much of every dollar of sales the company keeps as profit. A grocer keeps a few cents; a software company can keep half. Each point covers the four quarters ending there — a full year, brought up to today.

Free Cash Flow

$326.54MQ2 20260.0%

1Y: +70.12%2Y: +323.25%

Cash left over after running and maintaining the business. Each bar sums the four quarters ending there — a full year, brought up to today.

Profit per share

$15.42Q2 2026-0.8%

1Y: +306.86%2Y: +637.80%

The same profit, split across every share. If this lags the profit chart above, the company is issuing shares and your slice is getting smaller. Restated onto today’s share count, so stock splits do not show as jumps. Each bar sums the four quarters ending there — a full year, brought up to today.

Shares outstanding

14.26MQ2 2026-1.5%

How many shares the profit is divided across. Rising is dilution; falling is the company buying itself back. Restated onto today’s basis, so splits do not show as jumps. Each point covers the four quarters ending there — a full year, brought up to today.

Price to earnings

24.0xQ2 2026+80.6%

24.0x today · median 24.0x and range 13.3x–63.0x across the points shown, Q3 2024 to Q2 2026

Paid per unit of yearly profit. Periods with a loss, or profits too small for the ratio to mean anything, are left out — the line breaks rather than drawing through them. Each point covers the four quarters ending there — a full year, brought up to today.

About Dave Inc.

Ticker: DAVE
SEC classification: Finance Services (6199)
Listed on: Nasdaq
Financial year ends: December 31
Filer size: Large accelerated filer

About this data

Everything above comes from Dave Inc.’s own filings with the SEC, as reported. No estimates, no analyst figures, nothing adjusted.

Splits applied: 0:1 on Jun 30, 2023. Per-share history is restated onto today’s basis, so a split does not appear as a cliff.

Not reported by this filer: Cost of Revenue, Gross Profit, R&D Expense, SG&A Expense, Interest Income, Net Interest Income, Non-interest Income, Non-interest Expense, Deposits, Inventory, Receivables, Short-term Borrowings, Borrowings (total), Finance Lease (current), Finance Lease Liabilities (total), Finance Lease (noncurrent), and Dividends paid. Companies choose which XBRL tags to use, and anything untagged cannot be recovered — so these are blank rather than guessed.