Dave (DAVE) Gross Margin (2021 - 2026)
Dave's (DAVE) quarterly Gross Margin came in at 93.25% in Q2 2026, down 130.0% year-over-year from 310.85% in Q2 2025, and down 0.66% quarter-over-quarter from 93.87% in Q1 2026.
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Dave (DAVE) Gross Margin (2021 - 2026) Analysis & Trends
Dave has disclosed Gross Margin across 6 years of filings, most recently posting 93.25% for Q2 2026.
- In Q2 2026, Gross Margin fell 130.0% year-over-year to 93.25%; the TTM figure through Jun 2026 stood at 93.44% (up 153.0% YoY), while the FY2025 annual figure was 93.96%, up 362.0% from the prior year.
- Gross Margin came in at 93.25% for Q2 2026 at Dave, down from 93.87% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 131.97% in Q4 2023 to a low of 61.92% in Q2 2022.
- Average Gross Margin over 5 years is 84.18%, with a median of 88.07% recorded in 2024.
- Year-over-year, Gross Margin surged 6182 bps in 2023 and sank 3936 bps in 2024.
- Over 5 years, Gross Margin stood at 70.15% in 2022, then surged by 88 bps to 131.97% in 2023, then fell by 30 bps to 92.6% in 2024, then rose by 2 bps to 94.06% in 2025, then fell by 1 bps to 93.25% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 93.25% in Q2 2026, 93.87% in Q1 2026, and 94.06% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Chime Financial | 12.78 Bn | 11.72 Bn | 594.87 Mn | 88.82% |
| 2 | Jack Henry & Associates | 11.61 Bn | 11.60 Bn | 273.85 Mn | 42.52% |
| 3 | Dave | 4.36 Bn | 4.10 Bn | 159.27 Mn | 93.25% |
| 4 | Q2 Holdings | 3.87 Bn | 3.77 Bn | 130.20 Mn | 59.25% |
| 5 | nCino | 2.43 Bn | 2.36 Bn | 100.77 Mn | 62.59% |
| 6 | Alkami Technology | 2.11 Bn | 2.02 Bn | 73.81 Mn | 56.85% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 93.25% |
| Mar 31, 2026 | 93.87% |
| Dec 31, 2025 | 94.06% |
| Sep 30, 2025 | 92.53% |
| Jun 30, 2025 | 94.56% |
| Mar 31, 2025 | 93.53% |
| Dec 31, 2024 | 92.60% |
| Sep 30, 2024 | 85.50% |
| Jun 30, 2024 | 90.64% |
| Mar 31, 2024 | 77.03% |
| Dec 31, 2023 | 131.97% |
| Sep 30, 2023 | 75.17% |
| Jun 30, 2023 | 67.21% |
| Mar 31, 2023 | 68.60% |
| Dec 31, 2022 | 70.15% |
| Sep 30, 2022 | 67.44% |
| Jun 30, 2022 | 61.92% |
| Mar 31, 2022 | 65.22% |
| Dec 31, 2021 | 72.61% |
| Sep 30, 2021 | 73.82% |