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Dave, Inc. DAVE Asset turnover

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Other financials

Income statement

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Revenue$158.4M+46.7%
Operating income-$3.0M
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

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Market cap$4B+113%
Enterprise value$3.86B+95.8%
P/E17.8×-18.0×
P/S6.6×+1.7×

Profitability

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Operating margin-4.2%
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×

Where this comes from

Calculated from Dave, Inc.’s reported figures.

Based on trailing twelve months.

The official record: Dave, Inc.’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Dave, Inc.'s asset turnover?
Dave, Inc. (DAVE) reported asset turnover of 1.4× in Q1 2026.
How has Dave, Inc.'s asset turnover changed year-over-year?
Dave, Inc.'s asset turnover increased by 3.3% year-over-year, from 1.4× to 1.4×.
What is the long-term trend for Dave, Inc.'s asset turnover?
Over 3 years (2022 to 2025), Dave, Inc.'s asset turnover has grown at a 17.2% compound annual growth rate (CAGR), from 0.9× to 1.4×.
What does asset turnover mean?
Trailing-twelve-month revenue divided by average total assets. Measures how many dollars of sales each dollar of assets generates — the efficiency leg of the DuPont decomposition of ROE.