Dave (DAVE) Asset Utilization Ratio (2021 - 2026)
Dave's (DAVE) quarterly Asset Utilization Ratio came in at 1.17 in Q2 2026, down 8.34% year-over-year from 1.28 in Q2 2025, and down 1.6% quarter-over-quarter from 1.19 in Q1 2026.
Analysis
Dave (DAVE) Asset Utilization Ratio (2021 - 2026) Analysis & Trends
Dave has disclosed Asset Utilization Ratio across 6 years of filings, most recently posting 1.17 for Q2 2026.
- In Q2 2026, Asset Utilization Ratio fell 8.34% year-over-year to 1.17; the TTM figure through Jun 2026 stood at 1.17 (down 8.34% YoY), while the FY2025 annual figure was 1.41, up 20.42% from the prior year.
- Asset Utilization Ratio came in at 1.17 for Q2 2026 at Dave, down from 1.19 in the prior quarter.
- In the past five years, Asset Utilization Ratio ranged from a high of 1.28 in Q2 2025 to a low of 0.45 in Q2 2022.
- Average Asset Utilization Ratio over 5 years is 0.97, with a median of 1.1 recorded in 2024.
- Year-over-year, Asset Utilization Ratio retreated 17.93% in 2022 and jumped 73.01% in 2023.
- Over 5 years, Asset Utilization Ratio stood at 0.62 in 2022, then surged by 40.94% to 0.88 in 2023, then jumped by 37.92% to 1.21 in 2024, then decreased by 0.87% to 1.2 in 2025, then slipped by 2.91% to 1.17 in 2026.
- Per Business Quant data, the three most recent Asset Utilization Ratio figures were 1.17 in Q2 2026, 1.19 in Q1 2026, and 1.2 in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Chime Financial | 12.78 Bn | 11.72 Bn | 594.87 Mn | 1.25 |
| 2 | Jack Henry & Associates | 11.61 Bn | 11.60 Bn | 273.85 Mn | 0.82 |
| 3 | Dave | 4.36 Bn | 4.10 Bn | 159.27 Mn | 1.17 |
| 4 | Q2 Holdings | 3.87 Bn | 3.77 Bn | 130.20 Mn | 0.76 |
| 5 | nCino | 2.43 Bn | 2.36 Bn | 100.77 Mn | 0.38 |
| 6 | Alkami Technology | 2.11 Bn | 2.02 Bn | 73.81 Mn | 0.59 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.17 |
| Mar 31, 2026 | 1.19 |
| Dec 31, 2025 | 1.20 |
| Sep 30, 2025 | 1.23 |
| Jun 30, 2025 | 1.28 |
| Mar 31, 2025 | 1.24 |
| Dec 31, 2024 | 1.21 |
| Sep 30, 2024 | 1.23 |
| Jun 30, 2024 | 1.21 |
| Mar 31, 2024 | 1.03 |
| Dec 31, 2023 | 0.88 |
| Sep 30, 2023 | 0.83 |
| Jun 30, 2023 | 0.79 |
| Mar 31, 2023 | 0.71 |
| Dec 31, 2022 | 0.62 |
| Sep 30, 2022 | 0.54 |
| Jun 30, 2022 | 0.45 |
| Mar 31, 2022 | 0.60 |
| Dec 31, 2021 | 0.76 |