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) Net margin

Alert me on Net margin

Dave Inc.'s net margin over the twelve months to 30 September 2026 was 28.1%, down 7.2 percentage points from fiscal 2025 (35.3%). Over the past ten years it has ranged from −62.9% (fiscal 2022) to 35.3% (fiscal 2025) — the current reading is the highest in ten years. That is above the Software Application industry median of 0.00% and above the Technology sector median of 0.00%.

Net margin, annual

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Annual newest first

Period Net margin Change (points)
FY2025 35.3% 18.67
FY2024 16.7% 35.40
FY2023 −18.7% 44.20
FY2022 −62.9% (49.86)
FY2021 −13.1% (13.07)
FY2020 0.00% —

Quarterly newest first

Period Net margin Change (points)
Sep 2026 32.3% 28.34
Jun 2026 3.92% (32.65)
Mar 2026 36.6% (3.71)
Dec 2025 40.3% (20.81)
21 more quarters

Against its own ten years

Low −62.9% High 35.3%
Ten-year median −6.54%
Current reading's percentile 80

Net margin against peers

Company Net margin
DAVE Dave Inc. 28.1%
LIF Life360, Inc. compare 25.7%
FRSH Freshworks Inc. compare 22.3%
QTWO Q2 Holdings, Inc. compare 12.7%
MNDY monday.com Ltd. compare 8.87%
CCC CCC Intelligent Solutions Holdings Inc. compare 6.54%
WK Workiva Inc. compare 6.31%
SRAD Sportradar Group AG compare 1.51%
BILL BILL Holdings, Inc. compare −0.68%
Software Application industry median 0.00%
Technology sector median 0.00%
Market median 1.06%

What Net margin is

Net Profit Margin tells an investor how much of each unit of revenue ends up as profit for shareholders after all costs, interest and taxes.

Net Income Allotted to Shareholders ÷ Revenue

The full definition of Net margin →

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