Dave (DAVE) Cost of Revenue (2021 - 2026)
Dave's (DAVE) quarterly Cost of Revenue came in at $9.6 million in Q1 2026, up 51.89% year-on-year from $6.3 million in Q1 2025, and down 2.8% quarter-over-quarter from $9.8 million in Q4 2025.
Dave (DAVE) Cost of Revenue (2021 - 2026) Analysis & Trends
Dave has disclosed Cost of Revenue across 6 years of filings, most recently posting $9.6 million for Q1 2026.
- Cost of Revenue for Q1 2026 came in at $9.6 million, up 51.89% year-over-year; the trailing twelve-month figure through Mar 2026 was $37.8 million (up 33.62% YoY), and the FY2025 annual result was $33.4 million, changed 0.41% from the prior year.
- Cost of Revenue came in at $9.6 million for Q1 2026 at Dave, down from $9.8 million in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $18.5 million in Q1 2023 to a low of -$26.8 million in Q4 2023.
- The 5-year median for Cost of Revenue is $7.6 million (2022), against an average of $7.1 million.
- Across the five-year window, Cost of Revenue jumped 197.55% in 2022 and plunged 422.13% in 2023, its largest moves.
- Dave's Cost of Revenue stood at $8.3 million in 2022, then slumped by 422.13% to -$26.8 million in 2023, then surged by 127.83% to $7.5 million in 2024, then soared by 31.85% to $9.8 million in 2025, then decreased by 2.8% to $9.6 million in 2026.
- The last three Cost of Revenue figures came in at $9.6 million (Q1 2026), $9.8 million (Q4 2025), and $11.3 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | 3.02 Bn |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | 55.33 Mn |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 1.33 Bn |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | 1.62 Bn |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 3.77 Bn |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 211.49 Mn |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 940.00 Mn |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 3.07 Bn |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 715.00 Mn |
| 10 | Dave | 4.11 Bn | 3.93 Bn | 148.85 Mn | 9.56 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 9.56 Mn |
| Mar 31, 2026 | 9.56 Mn |
| Dec 31, 2025 | 9.84 Mn |
| Dec 31, 2025 | 9.84 Mn |
| Sep 30, 2025 | 11.25 Mn |
| Sep 30, 2025 | 11.25 Mn |
| Jun 30, 2025 | 7.17 Mn |
| Jun 30, 2025 | 7.17 Mn |
| Mar 31, 2025 | 6.29 Mn |
| Mar 31, 2025 | 6.29 Mn |
| Dec 31, 2024 | 7.46 Mn |
| Dec 31, 2024 | 7.46 Mn |
| Sep 30, 2024 | 8.40 Mn |
| Sep 30, 2024 | 8.40 Mn |
| Jun 30, 2024 | 6.15 Mn |
| Jun 30, 2024 | 6.15 Mn |
| Mar 31, 2024 | 16.92 Mn |
| Mar 31, 2024 | 16.92 Mn |
| Dec 31, 2023 | -26.80 Mn |
| Dec 31, 2023 | -26.80 Mn |