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Dave, Inc. DAVE Service Based Revenue — Revenue

Other product segments

Processing And Overdraft Service Fees Net
$144.93M
Subscriptions
$15.07M+87.1%
Interchange Revenue Net
$6.03M+0.3%
Transaction Based Revenue Other Net
$4.08M+19.8%
Atm Revenue Net
$633K-15.0%
Other
$45K-40.8%
Tips
$0

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Other financials

Income statement

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Revenue$170.8M+29.6%
Operating income-$3.0M
Net income$6.7M-26.0%
EPS (diluted)$0.49-21.0%

Balance sheet

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Cash & equivalents$209.6M+240%
Total debt$333.0K-99.6%
Total equity$207.9M-4.2%
Total assets$570.8M+57.0%

Cash flow

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Operating cash flow$68.4M+0.2%
CapEx$232.0K+82.7%
Free cash flow$68.1M+0.1%

Valuation

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Market cap$4.66B+78.1%
Enterprise value$4.45B+69.2%
P/E20.9×-26.5×
P/S7.2×+1.2×

Profitability

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Operating margin-4.2%
Net margin34.6%+21.9pp
FCF margin50.7%+6.4pp

Returns & leverage

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Return on equity104.8%+74.1pp
Debt / equity-0.3×
Current ratio4.2×-5.3×

Where this comes from

Reported directly by Dave, Inc. in its filing.

Tagged under the XBRL concept us-gaap:Revenues.

The source filing: Dave, Inc.’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 4:16 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001193125-26-335154
Line itemFor The Three Months Ended / June 30, 2026For The Three Months Ended / June 30, 2025For The Six Months Ended / June 30, 2026For The Six Months Ended / June 30, 2025
Operating revenues:
Service based revenue, net$160,047$121,593$307,634$219,444
Transaction based revenue, net10,74610,16421,57320,292
Total operating revenues, net170,793131,757329,207239,736
Operating expenses:
Provision for credit losses28,81825,29555,40435,898
Processing and servicing costs10,2997,17019,85914,157
Financial network and transaction costs7,9677,22715,71914,266

Item 1. Financial Statements

FAQ

What is Dave, Inc.'s service based revenue — revenue?
Dave, Inc. (DAVE) reported service based revenue — revenue of $160.05M in Q2 2026.
How has Dave, Inc.'s service based revenue — revenue changed year-over-year?
Dave, Inc.'s service based revenue — revenue increased by 31.6% year-over-year, from $121.59M to $160.05M.
What is the long-term trend for Dave, Inc.'s service based revenue — revenue?
Over 4 years (2021 to 2025), Dave, Inc.'s service based revenue — revenue has grown at a 37.7% compound annual growth rate (CAGR), from $142.18M to $511.91M.
What does service based revenue — revenue mean?
This metric represents the total gross income generated from the company's core service-based offerings, excluding interest income or other non-service revenue streams. It reflects the scale and adoption of the platform's value-added financial tools, such as overdraft protection, credit building, and gig-finding services. Growth in this figure indicates successful monetization of the user base through transaction-based or subscription-style financial service fees.

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