Dave (DAVE) Cost of Revenue (2021 - 2026)
Dave's (DAVE) quarterly Cost of Revenue came in at $11.5 million in Q2 2026, up 60.67% year-over-year from $7.2 million in Q2 2025, and up 18.7% quarter-over-quarter from $9.7 million in Q1 2026.
Analysis
Dave (DAVE) Cost of Revenue (2021 - 2026) Analysis & Trends
Dave has disclosed Cost of Revenue across 6 years of filings, most recently posting $11.5 million for Q2 2026.
- In Q2 2026, Cost of Revenue rose 60.67% year-over-year to $11.5 million; the TTM figure through Jun 2026 stood at $42.2 million (up 20.49% YoY), while the FY2025 annual figure was $33.5 million, changed 0.18% from the prior year.
- Cost of Revenue came in at $11.5 million for Q2 2026 at Dave, up from $9.7 million in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $20.1 million in Q2 2023 to a low of -$23.4 million in Q4 2023.
- Average Cost of Revenue over 5 years is $11.2 million, with a median of $12.5 million recorded in 2024.
- Year-over-year, Cost of Revenue plunged 231.22% in 2023 and surged 131.91% in 2024.
- Over 5 years, Cost of Revenue stood at $17.8 million in 2022, then sank by 231.22% to -$23.4 million in 2023, then soared by 131.91% to $7.5 million in 2024, then surged by 30.38% to $9.7 million in 2025, then climbed by 18.46% to $11.5 million in 2026.
- Per Business Quant data, the three most recent Cost of Revenue figures were $11.5 million in Q2 2026, $9.7 million in Q1 2026, and $9.7 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Chime Financial | 12.78 Bn | 11.72 Bn | 594.87 Mn | 74.90 Mn |
| 2 | Jack Henry & Associates | 11.61 Bn | 11.60 Bn | 273.85 Mn | 370.18 Mn |
| 3 | Dave | 4.36 Bn | 4.10 Bn | 159.27 Mn | 11.52 Mn |
| 4 | Q2 Holdings | 3.87 Bn | 3.77 Bn | 130.20 Mn | 89.57 Mn |
| 5 | nCino | 2.43 Bn | 2.36 Bn | 100.77 Mn | 60.23 Mn |
| 6 | Alkami Technology | 2.11 Bn | 2.02 Bn | 73.81 Mn | 56.03 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 11.52 Mn |
| Mar 31, 2026 | 9.71 Mn |
| Dec 31, 2025 | 9.73 Mn |
| Sep 30, 2025 | 11.25 Mn |
| Jun 30, 2025 | 7.17 Mn |
| Mar 31, 2025 | 6.99 Mn |
| Dec 31, 2024 | 7.46 Mn |
| Sep 30, 2024 | 13.41 Mn |
| Jun 30, 2024 | 7.50 Mn |
| Mar 31, 2024 | 16.92 Mn |
| Dec 31, 2023 | -23.37 Mn |
| Sep 30, 2023 | 16.34 Mn |
| Jun 30, 2023 | 20.08 Mn |
| Mar 31, 2023 | 18.50 Mn |
| Dec 31, 2022 | 17.81 Mn |
| Sep 30, 2022 | 18.50 Mn |
| Jun 30, 2022 | 17.44 Mn |
| Mar 31, 2022 | 14.80 Mn |
| Dec 31, 2021 | 11.27 Mn |
| Sep 30, 2021 | 10.52 Mn |