Dave (DAVE) Gross Margin (2021 - 2026)
Dave's (DAVE) quarterly Gross Margin came in at 93.97% in Q1 2026, down 21.0% year-on-year from 118.94% in Q1 2025, and little changed quarter-over-quarter from 93.99% in Q4 2025.
Dave (DAVE) Gross Margin (2021 - 2026) Analysis & Trends
Dave has disclosed Gross Margin across 6 years of filings, most recently posting 93.97% for Q1 2026.
- Gross Margin for Q1 2026 came in at 93.97%, down 21.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 93.74% (up 117.0% YoY), and the FY2025 annual result 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.
- The 5-year median for Gross Margin is 90.92% (2024), against an average of 90.72%.
- Across the five-year window, Gross Margin jumped 5059 bps in 2023 and slumped 4405 bps in 2024, its largest moves.
- Dave's Gross Margin stood at 86.06% in 2022, then jumped by 59 bps to 136.65% in 2023, then plunged by 32 bps to 92.6% in 2024, then rose by 2 bps to 93.99% in 2025, then retreated by 0 bps to 93.97% in 2026.
- The last three Gross Margin figures came in at 93.97% (Q1 2026), 93.99% (Q4 2025), and 92.53% (Q3 2025), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | 72.98% |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | - |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 89.96% |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | 48.77% |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 76.92% |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 85.65% |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 75.07% |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 48.28% |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 89.20% |
| 10 | Dave | 4.11 Bn | 3.93 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% |