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Dave, Inc.

DAVE

Dave Inc. is a leading neobanks and financial technology company providing a mobile-first platform designed for underserved Americans.

Market cap
$5.16B+61.0%
Revenue$604.6M+58.5%
Net income$225.0M+329%
Free cash flow$326.5M+115%
EPS (diluted)$15.55+327%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 5, 2026 (In 1 week)
Revenue estimate$170.9M
EPS estimate$3.42

Financials

Q1 2026

Income statement

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Revenue$158.4M+46.7%
Net income$57.9M+101%
EPS (diluted)$4.02+104%

Balance sheet

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Cash & equivalents$133.3M+184%
Total debt$425.0K-99.4%
Total equity$203.8M+2.2%
Total assets$530.5M+68.1%

Cash flow

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Operating cash flow$82.0M+81.3%
CapEx$19.0K-48.6%
Free cash flow$82.0M+81.4%

Valuation & ratios

Valuation

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Market cap$5.16B+61.0%
Enterprise value$5.02B+75.9%
P/E22.9×-28.7×
P/S8.5×+2.0×

Profitability

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Net margin37.2%+23.5pp
FCF margin54%+14.2pp

Returns & leverage

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Return on equity111.6%+79.5pp
Debt / equity-0.4×
Current ratio3.9×-4.7×

Segments

By product

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Processing And Overdraft Service Fees Net$133.6M
Subscriptions$13.9M+105%
Interchange Revenue Net$6.2M+5.4%
Transaction Based Revenue Other Net$4.0M+15.0%
Atm Revenue Net$659.0K-17.0%

Competitors

Profile

Dave Inc. is a leading neobanks and financial technology company providing a mobile-first platform designed for underserved Americans. The company leverages a proprietary AI-powered underwriting engine to offer short-term liquidity, fee-free banking, and financial management tools. Its core value proposition centers on expanding financial access and reducing the high costs associated with traditional legacy banking institutions.

Competitive position

Dave differentiates itself through its proprietary CashAI underwriting engine and a low-cost, digital-only infrastructure that targets the 'financially coping' segment of the U.S. population.

GeographiesUnited States
Customer segmentsRetail consumers, Underbanked, Low-to-moderate income
Business modelB2C, Transaction-based, Subscription, Marketplace
SuppliersSponsor banks, Payment processors, Cloud infrastructure providers, Debit card networks
CustomersIndividual retail members, Gig economy job seekers
Listed2022
Employees285.0
CEOJason Wilk
Websitedave.com
FilingsSEC EDGAR

Questions, answered.

What is Dave, Inc.'s market cap?
Dave, Inc. (DAVE) has a market capitalization of $5.2B and trades on NASDAQ.
What is Dave, Inc.'s revenue and profitability?
Dave, Inc. generated $604.6M in trailing twelve-month revenue with net income of $225.0M, representing a net margin of 37.2%, with free cash flow of $326.5M. These figures are based on the Q1 2026 filing.
Who are Dave, Inc.'s competitors?
Dave, Inc.'s key competitors include Affirm, Bank of America, JPMorgan Chase, and others. These companies compete in similar markets and product categories.
Who does Dave, Inc. partner with?
Dave, Inc.'s notable partners include Evolve Bank & Trust, Coastal Community Bank, Galileo Financial Technologies, LLC, and others.
Where is Dave, Inc. headquartered?
Dave, Inc. is headquartered in United States of America and employs approximately 285 people. It has been publicly traded since 2022.