Dave Inc./DE (DAVE) reported revenue of $554.18M and net income of $195.86M for the fiscal year ended 2025-12-31. This page shows 5 annual periods of income statement, balance sheet and cash flow figures normalized from Dave Inc./DE’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Finance Services.
Banks, brokers and insurers present a top line that is not comparable with an operating company’s revenue: it is reported net of interest expense, or as premiums earned, depending on the filer. The figures are the filer’s own and are traceable to the filing; the comparison across classes is what does not hold.
Income
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Revenue | $554.18M | $347.08M | $259.09M | $204.84M | $153.01M |
| Cost of revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Gross profit | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Operating income | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Net income | $195.86M | $57.87M | -$48.52M | -$128.91M | -$19.99M |
| Research & development | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Weighted-average diluted shares | shares 14.48M | shares 13.82M | shares 11.93M | shares 11.59M | shares 4.27M |
| Pretax income | $168.03M | $60.35M | -$48.40M | -$128.97M | -$19.90M |
| Income tax expense | -$27.84M | $2.48M | $120.00K | -$67.00K | $97.00K |
| Diluted EPS | $13.53 | $4.19 | $-4.07 | $-11.12 | $-4.69 |
| Selling, general & administrative | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| General & administrative | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Selling & marketing | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Balance
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Cash & equivalents | $80.52M | $49.72M | $41.76M | $22.89M | $32.01M |
| Total assets | $487.42M | $299.33M | $294.02M | $321.49M | $147.19M |
| Current assets | $436.70M | $282.27M | $276.89M | $308.57M | $100.20M |
| Total liabilities | $134.69M | $116.23M | $206.96M | $214.93M | $108.45M |
| Current liabilities | $114.00M | $35.06M | $25.60M | $36.42M | $68.63M |
| Total equity incl. NCI | $352.73M | $183.10M | $87.06M | $106.56M | $38.74M |
| Temporary (mezzanine) equity | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Inventory | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Accounts receivable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Goodwill | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Long-term debt | $0 | $75.00M | $75.00M | $75.00M | $35.00M |
| Accounts payable | $8.36M | $6.77M | $5.48M | $11.42M | $13.04M |
Cash flow
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Operating cash flow | $290.02M | $125.14M | $33.75M | -$44.88M | -$541.00K |
| Capital expenditures | $317.00K | $262.00K | $688.00K | $728.00K | $371.00K |
| Investing cash flow | -$202.75M | -$45.84M | -$14.38M | -$285.58M | -$37.20M |
| Financing cash flow | -$56.29M | -$71.00M | $22.00K | $321.77M | $65.05M |
| Net change in cash | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Stock-based compensation | Unavailable | Unavailable | Unavailable | Unavailable | $2.10M |
| Common dividends paid | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Common share repurchases | $43.73M | $0 | $0 | $536.00K | $0 |
| Depreciation & amortization | $7.13M | $7.68M | $5.54M | $7.13M | $3.06M |
Derived
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Free cash flow | $289.71M | $124.88M | $33.07M | -$45.61M | -$912.00K |
| Gross margin | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Operating margin | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| FCF margin | 52.3% | 36.0% | 12.8% | -22.3% | -0.6% |
| SBC / revenue | Unavailable | Unavailable | Unavailable | Unavailable | 1.4% |
| Current ratio | 3.83x | 8.05x | 10.81x | 8.47x | 1.46x |
| Revenue YoY growth | 59.7% | 34.0% | 26.5% | 33.9% | Unavailable |
| Net margin | 35.3% | 16.7% | -18.7% | -62.9% | -13.1% |
| R&D / revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| CapEx / revenue | 0.1% | 0.1% | 0.3% | 0.4% | 0.2% |
| Long-term debt / equity | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Effective tax rate | -16.6% | 4.1% | Unavailable | Unavailable | Unavailable |
Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open DAVE in the interactive workspace to inspect any figure back to its filing.
Source filings
Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.