Dave (DAVE) Gross Margin (2021 - 2026)
Dave recorded quarterly Gross Margin of 93.97% in Q1 2026, little changed quarter-over-quarter from 93.99% in Q4 2025, and down 21.0% year-over-year from 118.94% in Q1 2025.
Dave's Gross Margin history runs 6 years deep, the most recent figure standing at 93.97% for Q1 2026.
- In Q1 2026, Gross Margin fell 21.0% year-over-year to 93.97%; the TTM figure through Mar 2026 stood at 93.74% (up 117.0% YoY), while the FY2025 annual figure was 93.97%, up 364.0% from the prior year.
- Gross Margin came in at 93.97% for Q1 2026 at Dave, roughly flat from 93.99% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 136.65% in Q4 2023 to a low of 68.6% in Q1 2023.
- A 5-year average of 90.72% and a median of 90.92% in 2024 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin surged 5059 bps in 2023 and sank 4405 bps in 2024, its largest moves.
- Dave's Gross Margin stood at 86.06% in 2022, then surged by 59 bps to 136.65% in 2023, then tumbled by 32 bps to 92.6% in 2024, then gained by 2 bps to 93.99% in 2025, then decreased by 0 bps to 93.97% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 93.97%, 93.99%, and 92.53% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | 72.98% |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 77.61% |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 89.96% |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 48.77% |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 75.07% |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 85.65% |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 89.62% |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 48.28% |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 79.05% |
| 10 | Dave | 3.07 Bn | 2.89 Bn | 148.85 Mn | 93.97% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 93.97% |
| Dec 31, 2025 | 93.99% |
| Sep 30, 2025 | 92.53% |
| Jun 30, 2025 | 94.56% |
| Mar 31, 2025 | 94.17% |
| Dec 31, 2024 | 92.60% |
| Sep 30, 2024 | 90.92% |
| Jun 30, 2024 | 92.32% |
| Mar 31, 2024 | 77.03% |
| Dec 31, 2023 | 136.65% |
| Sep 30, 2023 | 89.27% |
| Jun 30, 2023 | 88.19% |
| Mar 31, 2023 | 68.60% |
| Dec 31, 2022 | 86.06% |
| Sep 30, 2022 | 83.29% |
| Jun 30, 2022 | 83.43% |
| Mar 31, 2022 | 84.62% |
| Dec 31, 2021 | 120.72% |
| Sep 30, 2021 | 73.82% |
| Jun 30, 2021 | 76.13% |
| Mar 31, 2021 | 63.47% |