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) Operating margin

Alert me on Operating margin

Dave Inc.'s operating margin over the twelve months to 30 September 2026 was 32.5%, down 1.2 percentage points from fiscal 2025 (33.7%). Over the past ten years it has ranged from −65.6% (fiscal 2022) to 33.7% (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 0.02%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 33.7% 23.71
FY2024 9.97% 26.26
FY2023 −16.3% 49.32
FY2022 −65.6% (34.97)
FY2021 −30.6% —

Quarterly newest first

Period Operating margin Change (points)
Sep 2026 24.3% (6.30)
Jun 2026 30.6% (7.01)
Mar 2026 37.6% (1.79)
Dec 2025 39.4% 8.94
19 more quarters

Against its own ten years

Low −65.6% High 33.7%
Ten-year median −16.3%
Current reading's percentile 85

Operating margin against peers

Company Operating margin
DAVE Dave Inc. 32.5%
CCC CCC Intelligent Solutions Holdings Inc. compare 17.9%
QTWO Q2 Holdings, Inc. compare 12.4%
SRAD Sportradar Group AG compare 10.7%
FRSH Freshworks Inc. compare 7.06%
WK Workiva Inc. compare 5.25%
MNDY monday.com Ltd. compare 1.33%
LIF Life360, Inc. compare 1.14%
BILL BILL Holdings, Inc. compare −4.44%
Software Application industry median 0.00%
Technology sector median 0.02%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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