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Dave, Inc. DAVE Q1 2025 earnings

Reported May 8, 2025 · Before market open

Revenue$108.0MBeat by $3.5M
EPS$2.48Beat by $0.94
Revenue estimate$104.5M
EPS estimate$1.54

Next report

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

Financials

Q1 2025

Income statement

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Revenue$108.0M+46.7%
Net income$28.8M-15.9%
EPS (diluted)$1.97-24.2%

Balance sheet

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Cash & equivalents$47.0M-15.3%
Total debt$75.5M-0.4%
Total equity$199.5M+56.7%
Total assets$315.7M+34.0%

Cash flow

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Operating cash flow$45.2M+147%
CapEx$37.0K+208%
Free cash flow$45.2M+147%

Valuation & ratios

Valuation

as of 03/31/25
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Market cap$1.08B+138%
Enterprise value$1.11B+134%
P/E20.6×
P/S2.8×+1.2×

Profitability

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Net margin13.7%+13.6pp
FCF margin39.8%+18.4pp

Returns & leverage

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Return on equity32.1%+31.7pp
Debt / equity0.4×-0.2×
Current ratio8.6×+1.1×

Segments

By product

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Tips$7.5M-49.7%
Subscriptions$6.8M+14.7%
Interchange Revenue Net$5.9M+24.1%
Transaction Based Revenue Other Net$3.4M+37.0%
Atm Revenue Net$794.0K-1.9%

Versus estimates

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Questions, answered.

When did Dave, Inc. report Q1 2025 earnings?
Dave, Inc. (DAVE) reported Q1 2025 earnings on May 8, 2025 before market open.
What were Dave, Inc.'s Q1 2025 revenue and EPS?
Dave, Inc. reported revenue of $108.0M and eps of $2.48 for Q1 2025.
Did Dave, Inc. beat estimates in Q1 2025?
Revenue beat the consensus estimate of $104.5M by $3.5M. EPS beat the consensus estimate of $1.54 by $0.94.
How did Dave, Inc.'s Q1 2025 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 46.7% from $73.6M a year earlier and eps grew 300.0% from $0.62.
Where can I find Dave, Inc.'s Q1 2025 SEC filings?
You can read the 10-Q periodic report (0000950170-25-067073) directly on SEC EDGAR. The filing index links above go to sec.gov.