Dave Inc.

DAVE Technology Software Application

Dave Inc.’s revenue for fiscal 2025 (year ended December 2025) was $554.2 million, up 59.7% from fiscal 2024.

Revenue
+31.2%
EPS
−26.9%
Free cash flow
−2.59%
Total debt
−0.21%

Quarter to September 2026, against a year earlier

276.91 59.31 −17.64%
Market cap
$3.5B
P/E
18.8×
Fwd P/E
22.9×
Dividend yield
—
F-score
6/9
Altman Z
16.50
Beneish M
−2.28
Dividend safety
n/a

Dave Inc. (DAVE) Debt to equity

Alert me on Debt to equity

Dave Inc.'s debt to equity at the end of the quarter to 30 September 2026 was 0.3×, up 0.1× from fiscal 2025 (0.2×). Over the past ten years it has ranged from 0.0× (fiscal 2020) to 2.1× (fiscal 2023); the current reading is higher than 33% of that period. That is above the Software Application industry median of 0.0× and above the Technology sector median of 0.1×.

Debt to equity, annual

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Annual newest first

Period Debt to equity Change
FY2025 0.2× (48.14%)
FY2024 0.4× (80.24%)
FY2023 2.1× 24.35%
FY2022 1.7× 14.29%
FY2021 1.5× —
FY2020 0.0× —

Quarterly newest first

Period Debt to equity Change
Sep 2026 0.3× (78.76%)
Jun 2026 1.3× (1.86%)
Mar 2026 1.3× 517.23%
Dec 2025 0.2× (17.44%)
21 more quarters

Against its own ten years

Low 0.0× High 2.1×
Ten-year median 0.9×
Current reading's percentile 33

Debt to equity against peers

Company Debt to equity
WK Workiva Inc. compare −15.5×
FRSH Freshworks Inc. compare 0.0×
QTWO Q2 Holdings, Inc. compare 0.0×
MNDY monday.com Ltd. compare 0.0×
SRAD Sportradar Group AG compare 0.1×
DAVE Dave Inc. 0.3×
LIF Life360, Inc. compare 0.5×
BILL BILL Holdings, Inc. compare 0.5×
CCC CCC Intelligent Solutions Holdings Inc. compare 0.7×
Software Application industry median 0.0×
Technology sector median 0.1×
Market median 0.1×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

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