Dave (DAVE) Invested Capital (2021 - 2026)
Dave (DAVE) reported Invested Capital of $282.89 million for Q2 2026, down 3.1% from $292.07 million a year earlier but up 1.5% from the prior quarter.
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Analysis
Dave (DAVE) Invested Capital (2021 - 2026) Analysis & Trends
For FY2025, Dave posted Invested Capital of $427.73 million, up 65.7% from FY2024.
- Invested Capital has a four-year compound annual growth rate of 40.8% (FY2021 to FY2025).
- By year, Invested Capital came in at $258.1 million in FY2024 (+59.3%), $162.06 million in FY2023 (-10.7%), $181.56 million in FY2022 (+66.9%) and $108.79 million in FY2021.
- Five-year quarterly Invested Capital spans a low of $108.79 million in Q4 2021 and a high of $427.73 million in Q4 2025.
- Year over year, Invested Capital gained in seven of the last eight quarters, with growth averaging 37.8%.
- The high point for year-over-year Invested Capital in five years was Q4 2022 (growth of 66.9%); the low point was Q2 2023 (a decline of 27.1%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $278.78 million (Q1 2026), $427.73 million (Q4 2025) and $366.31 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Coinbase Global | 49.17 Bn | 5.98 Bn | - | 19.56 Bn |
| 2 | PayPal Holdings | 45.28 Bn | 3.51 Bn | - | 33.22 Bn |
| 3 | Block | 44.18 Bn | 15.44 Bn | 3.17 Bn | 28.34 Bn |
| 4 | Iren | 31.11 Bn | 18.70 Bn | 103.89 Mn | 11.78 Bn |
| 5 | Corpay | 25.52 Bn | 15.72 Bn | - | 11.99 Bn |
| 6 | Fiserv | 24.03 Bn | 20.73 Bn | 2.90 Bn | 54.81 Bn |
| 7 | Global Payments | 21.72 Bn | 155.29 Mn | 2.03 Bn | 46.39 Bn |
| 8 | Bitmine Immersion Technologies | 15.32 Bn | 12.70 Bn | 40.81 Mn | - |
| 9 | Guidewire Software | 11.69 Bn | 8.26 Bn | 269.68 Mn | 1.87 Bn |
| 10 | Dave | 3.68 Bn | 3.04 Bn | 160.49 Mn | 282.89 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 282.89 Mn |
| Mar 31, 2026 | 278.78 Mn |
| Dec 31, 2025 | 427.73 Mn |
| Sep 30, 2025 | 366.31 Mn |
| Jun 30, 2025 | 292.07 Mn |
| Mar 31, 2025 | 274.46 Mn |
| Dec 31, 2024 | 258.10 Mn |
| Sep 30, 2024 | 230.82 Mn |
| Jun 30, 2024 | 216.76 Mn |
| Mar 31, 2024 | 202.31 Mn |
| Dec 31, 2023 | 162.06 Mn |
| Sep 30, 2023 | 154.18 Mn |
| Jun 30, 2023 | 159.12 Mn |
| Mar 31, 2023 | 175.08 Mn |
| Dec 31, 2022 | 181.56 Mn |
| Sep 30, 2022 | 188.23 Mn |
| Jun 30, 2022 | 218.27 Mn |
| Mar 31, 2022 | 221.80 Mn |
| Dec 31, 2021 | 108.79 Mn |
API Access
Dave Invested Capital API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=invested-capital&ticker=DAVE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "ticker": "DAVE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=invested-capital&ticker=DAVE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();