Growth & profitability
- Revenue has grown 38.0% per year over the past 4 years.
Financial health
- The company holds more cash ($81M) than total debt ($0).
DAVE Financials Dave Inc./De
5 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
RevenueNet income
GrossOperatingNet
Free cash flow
CashTotal debt
OperatingInvestingFinancing
Key annual figures
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | $554M | $196M | 0.0% | 0.0% | $290M | $0 | $81M |
| 2024 | $347M | $58M | 0.0% | 0.0% | $125M | $75M | $50M |
| 2023 | $259M | -$49M | 0.0% | 0.0% | $33M | $75M | $42M |
| 2022 | $205M | -$129M | 0.0% | 0.0% | -$46M | $75M | $23M |
| 2021 | $153M | -$5M | 0.0% | -4.2% | -$2M | $35M | $32M |
RevenueNet income
GrossOperatingNet
Free cash flow
CashTotal debt
OperatingInvestingFinancing
Key quarterly figures
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Mar '26 | $158M | $58M | 0.0% | 0.0% | $82M | — | $133M |
| Dec '25 | $164M | $66M | 0.0% | 0.0% | $93M | $0 | $81M |
| Sep '25 | $151M | $92M | 0.0% | 0.0% | $83M | $75M | $50M |
| Jun '25 | $132M | $9M | 0.0% | 0.0% | $68M | $75M | $62M |
| Mar '25 | $108M | $29M | 0.0% | 0.0% | $45M | $75M | $47M |
| Dec '24 | $239M | $17M | 0.0% | 0.0% | $42M | $75M | $50M |
| Sep '24 | $92M | $466000 | 0.0% | 0.0% | $37M | $75M | $35M |
| Jun '24 | $80M | $6M | 0.0% | 0.0% | $28M | $75M | $49M |
| Mar '24 | $74M | $34M | 0.0% | 0.0% | $18M | $75M | $56M |
| Dec '23 | $73M | $179000 | 0.0% | 0.0% | $16M | $75M | $42M |
| Sep '23 | $66M | -$12M | 0.0% | 0.0% | $15M | $75M | $44M |
| Jun '23 | $61M | -$23M | 0.0% | 0.0% | $9M | $75M | $49M |
| Mar '23 | $59M | -$14M | 0.0% | 0.0% | -$7M | $75M | $52M |
| Dec '22 | $60M | -$21M | 0.0% | 0.0% | -$4M | $75M | $23M |
| Sep '22 | $57M | -$48M | 0.0% | 0.0% | -$15M | $45M | $39M |
| Jun '22 | $46M | -$27M | 0.0% | 0.0% | -$14M | $35M | $26M |
| Mar '22 | $43M | -$33M | 0.0% | 0.0% | -$13M | $35M | $24M |
| Dec '21 | $41M | $3M | 0.0% | -7.2% | -$194818 | $35M | $32M |
| Sep '21 | $40M | -$3M | 0.0% | -3.3% | -$771435 | — | $21M |
| Jun '21 | $37M | -$3M | 0.0% | -5.2% | -$181194 | — | $8M |
Valuation over time
How the market has priced DAVE against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
- The price-to-earnings ratio has risen from 20.2× (Dec '24) to 22.1× (Jun '26).
- The price-to-sales ratio has risen from 0.4× (Mar '23) to 7.8× (Jun '26).
P/E
P/S
Frequently asked questions
Is DAVE growing its revenue and profit?
Over the past 4 years, Dave Inc./De's revenue has grown 38.0% per year. These are computed facts, not advice.
How much debt does DAVE have?
As of FY2025, Dave Inc./De reported $0 of total debt against $81M of cash.
What is DAVE's profit margin?
In FY2025, gross margin was —, operating margin —, and net margin 35.4%.
What is DAVE's P/E ratio?
As of Jun '26, Dave Inc./De traded at a price-to-earnings ratio of about 22.1× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.